Palm oil extends gains on higher export estimates; firmer ringgit caps rise
KUALA LUMPUR: Malaysian palm oil futures rose for a second consecutive session on Wednesday, buoyed by higher export estimates from...
Read moreEx-regional Fed president: Inflation headed lower, with interest rates likely to follow
WASHINGTON (news agencies) — Having worked in the Federal Reserve system her entire career, Loretta Mester rose to become president...
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Oil prices edge up on US inventories but China caps gains
BENGALURU: Oil prices inched up on Wednesday, a day after benchmark Brent hit a one-month low, as a decline in...
Read moreAging bridges in 16 states will be improved or replaced with the help of $5B in federal funding
Dozens of aging bridges in 16 states will be replaced or improved with the help of $5 billion in federal...
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IMF maintains 2024 global growth forecast
WASHINGTON: The IMF held its global growth expectations for 2024 steady in a report Tuesday even as it cut forecasts...
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Gulf bourses end mixed on US rate cut hopes, falling oil
Stock markets in the Gulf ended mixed on Tuesday as comments from Federal Reserve Chair Jerome Powell boosted bets for...
Read moreIMF’s economic view: Brighter outlook for China and India but tepid global growth
WASHINGTON (news agencies) — The International Monetary Fund on Tuesday upgraded its economic outlook this year for China, India and...
Read moreRetail sales unchanged in June from May, underscoring shoppers’ resilience
NEW YORK (news agencies) — Shoppers paused their spending in June from May, defying economic forecasts for a pullback and...
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FPCCI urges govt to review agreements with IPPs
KARACHI: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) has urged the federal government to immediately review the...
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European stock markets retreat at open
LONDON: Europe’s main stock markets slid at the start of trading on Tuesday following a mixed showing by Asia and...
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American Dollar Exchange Rate