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Gold rebounds from one-week low as dollar slips
Gold rose more than 1% on Thursday , rebounding from a one-week low hit in the previous session as the US dollar eased, while investors assessed the likelihood of a Federal Reserve interest rate…
Business RecorderUBS weighs moving headquarters from Switzerland if capital rules tighten, WSJ reports
UBS is preparing contingency plans that could include moving its headquarters out of Switzerland if lawmakers tighten the bank’s capital requirements, the Wall Street Journal reported on…
Business RecorderIndian rupee to rise after US yields reverse inflation-led spike, Fed hike bets remain low
MUMBAI: The Indian rupee is likely to rise at the open on Thursday , boosted by the pullback in US Treasury yields after an initial rise on sticky inflation data, with traders still pricing in…
Business RecorderIndian shares set to open lower as hot US inflation raises rate worries
Indian shares are set to open lower on Thursday , tracking Asian peers as a quicker-than-expected increase in US consumer price inflation raised expectations of another rate hike by the Federal…
Business RecorderIMF warns of slowing Asian growth, spillover from rising yields
BANGKOK: The International Monetary Fund on Thursday projected Asia’s economic growth would moderate next year and warned of heightening risks from the Iran war-induced energy shock, a potential…
Business Recorder
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