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Business 16 Apr 2019 | 12:13 AM

Foreigners buy most US Treasuries since August

NEW YORK: Foreigners purchased the most US Treasury securities in six months in February, suggesting some overseas appetite for low-risk government debt due to worries about a slowing US economy, the US Treasury Department released on Monday showed.

Forex 21 Mar 2019 | 12:27 AM

This might be the dollar disaster bears have been waiting for

NEW YORK: The Federal Reserve’s big surprise could spell disaster for dollar bulls.

TECH 20 Mar 2019 | 8:09 AM

Cyberattack puts a spotlight on fragile global supply chains

The ransomware attack crippling one of the world’s top aluminium makers is exposing how crucial sophisticated digital systems have become in the centuries-old industry of turning mined rock into metal products.

Markets 04 Mar 2019 | 10:43 PM

US shares falter, investors await US-China trade deal

NEW YORK: U.S. stock indexes closed lower while the dollar edged higher on Monday, as investors appeared to need some convincing the United States and China would reach a trade agreement and weaker-than-expected construction data did not help their mood.

Markets 27 Feb 2019 | 10:43 PM

Global stocks slip after US trade official's comments, energy up

NEW YORK: Global stock indexes ended with mostly slight losses on Wednesday after U.S. Trade Representative Robert Lighthizer said it was too early to predict an outcome in U.S.-China trade talks, although a jump in oil prices lifted shares of energy companies

YouTube 22 Feb 2019 | 7:00 AM

YouTube reaches out to advertisers as AT&T, Hasbro halt spending

Alphabet Inc’s Google went into damage-control mode after a raft of major advertisers stopped spending money on YouTube over concerns that the video-sharing site can be used to forge networks of people engaged in exploitation of children.

Economy 28 Jan 2019 | 6:09 AM

US Treasury set to borrow US$1 trillion for a second year to finance deficit

NEW YORK: The U.S. Treasury Department is set to maintain elevated sales of long-term debt to finance the government’s widening budget deficit, with new issuance projected to top $1 trillion for a second-straight year.

Markets 12 Dec 2018 | 10:39 PM

Wall Street closes up, investors optimistic on China trade

NEW YORK: U.S. stocks closed up on Wednesday afternoon, though well below their session highs as investors pulled back in the last few minutes of trading despite optimism about U.S.-China trade relations and some reassuring signs in British politics.

Business 12 Nov 2018 | 12:00 AM

Debate in Treasury market

NEW YORK: A debate is breaking out in the Treasury market before Wednesday’s release of US consumer-price data as tumbling crude oil leads investors to ratchet back inflation expectations.

World 07 Nov 2018 | 1:28 PM

Instant view - Investor reaction after Democrats capture U.S. House majority

(Reuters) - Democrats rode a wave of dissatisfaction with President Donald Trump to win control of the U.S. House of Representatives on Tuesday, giving them the opportunity to block Trump's agenda and open his administration to intense scrutiny.