Global shares rise along with dollar, bond yields turn higher
A trader works on the floor of the New York Stock Exchange on Monday. (AP pic)
NEW YORK LONDON: MSCI’s global equities index rose…
Browsing Tag
federal reserve
Dollar stays strong as doubts about Fed rate cuts grow
The dollar surged to a two-year high of 110.17, driving peers to multi-year lows after Friday’s strong US jobs report…
Wall Street coasts to the finish line of a banner year
A view of the New York Stock Exchange on Dec 23, 2024. (AP pic)
NEW YORK: Wall Street moved lower on Tuesday as investors prepared…
US banks sue Fed over ‘opaque’ stress tests
Large banks argued that post-2008 capital requirements, set by the Federal Reserve, were excessive and detrimental to economic…
Stocks rally after inflation data but close lower for the week
Even with Friday’s rally, each of the three major US indexes declined for the week. (EPA Images pic)
NEW YORK: US stocks…
Asian stocks dive after Fed signals slower rate cuts
Bitcoin fell 5% to US$100,340 after Federal Reserve chief Jerome Powell ruled out the central bank stockpiling the cryptocurrency.…
Asian markets mixed as Fed gears up for interest rate decision
Wall Street closed mostly up, led by tech giants, driving the Nasdaq to a record high, while bitcoin surged to US$107,791. (AP…
Asian markets wary of Fed rate outlook, high bond yields
Futures suggest only two more Federal Reserve cuts next year, with rates bottoming out around 3.80%, much higher than just a few…
Ringgit marginally lower against US dollar in early trade
KUALA LUMPUR: The ringgit was slightly lower against the US dollar in early trade on Tuesday amid cautious sentiment in the…
Economists Reveal Why The Malaysian Ringgit is SkyRocketing
Explore the surprising rise of the Malaysian Ringgit and uncover the economic factors driving its strength. From U.S. interest…