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Business 07 Jun 2019 | 5:03 AM

Asia shares dazed by trade uncertainty, US jobs risks

SYDNEY: Asian share markets dithered on Friday as investors waited for concrete signs of progress in the U.S.-Mexican trade standoff, while bracing for a U.S. jobs report that could sway the course of interest rates there.

Business 07 Jun 2019 | 1:29 AM

Asian shares dazed by trade uncertainty, US jobs risks

SYDNEY: Asian share markets dithered on Friday as investors waited for concrete signs of progress in the U.S.-Mexican trade standoff, while bracing for a U.S. jobs report that could sway the course of interest rates there.

Business 07 Jun 2019 | 1:01 AM

Wall Street rises with hopes of Mexican tariffs delay

NEW YORK: Wall Street's main indexes closed higher after a choppy session on Thursday as investors grew more optimistic on trade after reports that the United States is considering a delay in imposing tariffs on Mexican imports.

Business 06 Jun 2019 | 8:05 AM

Gold prices edge up on trade fears, rate cut hopes

BENGALURU: Gold prices edged higher on Thursday, hovering below the 15-week high hit in the previous session, supported by trade worries and a possible U.S. rate cut, even as some investors locked in profits in bullion after a recent rally.

Business 06 Jun 2019 | 1:43 AM

Stocks climb, short-dated Treasury yields dip on bets for US rate cut

NEW YORK: Major world stock markets rose and short-dated U.S. Treasury yields fell on Wednesday as investors bet that the U.S. Federal Reserve would cut interest rates and help boost a sluggish global economy.

Business 20 May 2019 | 12:00 AM

Fed watching trade war impact

PHOENIX: Federal Reserve Bank of Dallas president Robert Kaplan (pic) says trade tensions might have a chilling effect on the US and global economy, and he’s also watching for the potential effects on inflation.

Business 03 May 2019 | 1:48 AM

Ringgit opens lower on possible OPR cuts next week

KUALA LUMPUR: The local note, ringgit opens lower today as investors stay on the sidelines, waiting for the overnight policy rate (OPR) announcement by Bank Negara Malaysia (BNM) on May 7.

Markets 02 May 2019 | 10:31 PM

Wall St. slips as energy drops, investors digest Fed comments

NEW YORK: U.S. stocks eased further from recent record highs on Thursday as energy shares dropped along with oil prices and investors continued to digest comments by Federal Reserve Chairman Jerome Powell.

Business 29 Apr 2019 | 12:00 AM

Bond traders betting on Fed rate cut won’t be easily dissuaded

NEW YORK: Bond traders have firmed up bets that the Federal Reserve will cut interest rates this year and it’s hard to imagine what officials could say at this week’s meeting to dispel that conviction.

Business 13 Apr 2019 | 12:00 AM

Treasury Pulse

THE dollar’s strength sustained for the second consecutive week.