Fed’s Williams says time has arrived to start rate cuts
The stance of monetary policy can be moved to a more neutral setting over time depending on the evolution of the data, the outlook, and the risks to achieving our objectives, says Federal Reserve Bank of New York President John Williams
Israeli strikes kill 12 Palestinians in Gaza as polio vaccination resumes
CAIRO: Israeli military strikes killed at least 12 Palestinians across the Gaza Strip on Friday, medics said, as...
Eid Milad-un-Nabi 2024: govt announces public holiday on September 17
The federal government on Friday announced September 17 as a public holiday on account of Eid Milad-un-Nabi, the...
More than 90 company executives endorse Harris for US president
WASHINGTON: More than 90 company executives, including the chief executives of Yelp and Chobani as well as the...
KSE-100 closes nearly flat as late-session selling erases intra-day gains
The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index closed nearly flat on Friday after profit-taking wiped...
George Clooney, Brad Pitt likely to reunite for ‘Ocean’s 14’
Fresh off the debut of their new film ‘Wolfs’ in Venice, ace duo George Clooney and Brad Pitt are reportedly in...
UAE stocks muted as investors eye key US jobs data
Stock markets in the United Arab Emirates ended mostly subdued on Friday as investors held a cautious stance ahead...
Global LNG: Asia spot LNG prices down on muted demand, cooler weather
LONDON: Asian spot liquefied natural gas (LNG) prices fell this week on signals of weak economic growth in China...
Netflix names hijackers in ‘IC 814: The Kandahar Hijack’ following backlash
Netflix has updated the opening disclaimer for Indian series ‘IC 814: The Kandahar Hijack’ with names of the...
Oil edges higher ahead of US jobs report
LONDON: Oil prices edged higher on Friday as investors awaited U.S. employment data, but was on track for a heavy...
Indian shares post worst week in three months, key US jobs data on tap
BENGALURU: India’s benchmark indexes logged their worst week in three months on Friday amid jitters ahead of a...
Sri Lanka shares end lower as utilities, energy slip
CSE All-Share index settled 0.23% lower at 10,775.87
Copper heads for second weekly fall on global growth concerns
LONDON: Copper prices were on track for a second consecutive weekly fall on Friday as concerns about global economic...
Palm ends with a weekly loss, Malaysia data eyed
JAKARTA: Malaysian palm oil booked a weekly loss on Friday, while the market is expecting the Malaysian Palm Oil...
‘Reagan’ movie splits audiences, captures US divisions
LOS ANGELES, United States: Movie critics and audiences don’t always see eye-to-eye – but rarely have they appeared...
Russian rouble weakens on first day of reduced yuan sales by central bank
MOSCOW: The Russian rouble weakened against the dollar and China’s yuan on Friday, the first day of a reduction in...
Ugandan shilling firmer; agriculture sector dollar inflows help
KAMPALA: The Ugandan shilling was slightly stronger on Friday, helped by dollar inflows from exporters in the...
Sri Lanka win toss, England to bat in third Test
LONDON: Sri Lanka won the toss and decided to bowl first in murky conditions in the third and final Test against...
Paris Paralympics: Haider Ali wins bronze in discus throw final
Pakistan’s para-athlete Haider Ali on Friday won a bronze medal with his 52.54-metre throw in the Men’s Discus Throw...
Copper set for weekly fall on concerns about demand outlook
Copper was on track for a weekly fall on Friday, weighed down by demand concerns fuelled by weak economic data from...
Toyota cuts 2026 global EV output plans by a third, Nikkei reports
TOKYO: Japan’s Toyota Motor has slashed its electric vehicle production plans for 2026 by a third, the Nikkei...
Fourth successive decline: weekly SPI down to 3-year low
The Sensitive Price Indicator (SPI) for the week ended September 05, 2024 decreased by 0.15%, according to the...
South African rand stable, focus on US jobs data
JOHANNESBURG: The South African rand was stable in early trade on Friday, as markets looked to US jobs data for...
Electric vehicles will account for up to half of auto sales by 2030, BYD Pakistan says - Pakistan - Business Recorder
BYD has plans to open an assembly plant in early 2026, but will introduce vehicles for sale later this year, after launching three models in August
FTSE 100 slips as energy, miners weigh ahead of key US payrolls data
UK’s main stock index was lower on Friday, dragged down by energy and mining shares, as investors awaited a US jobs...