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Global stock markets climbed on Tuesday as equities rallied while the dollar was down for a third straight day as the door was opened for the European Central Bank to...
Russia's invasion of Ukraine sent economic shockwaves across not only Europe but also the broader Middle East. Pakistan, whose economy is already weak because of decades of corruption, mismanagement,...
World equities and US bond yields fell on Monday as investors braced for a US inflation report that could force another super-sized hike in interest rates, with policymakers battling rising...
Gulf Today, Staff Reporter Global gold exchange-traded fund ETFs registered 28t ($1.7b) of outflows in June. This was the second consecutive month of outflows, following the 53t that left...
India’s central bank will continue calibrating policy to preserve and foster macroeconomic stability while bringing down inflation and will remain flexible in its approach, Governor Shaktikanta Das said on Saturday....
Ratings agency Fitch downgraded Turkey’s debt rating to “B” from “B+”, citing increasing inflation and broad concerns about the economy, from a widening current account deficit to interventionist policies. Inflation...
China’s factory-gate inflation cooled in June to the lowest in 15 months as the country continues to buck the global trend of accelerating prices. The producer price index (PPI) rose...
Asian markets rose on Friday on easing recession fears with optimism boosted by hopes that Joe Biden will remove some Trump-era tariffs from Chinese goods, while the euro extended losses...
Indian shares gained for a third straight week to close at a one-month high on Friday as inflation concerns ebbed, while IT major Tata Consultancy Services slipped ahead of its...
Pakistan’s main policy rate has been hiked 125 basis points to 15%, the country’s acting central bank governor Murtaza Syed said on Thursday. Syed’s announcement at a virtual press conference...
