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Latest News on Business, Finance and Markets from Pakistan

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News


brecorder.com > news > amp > 40439319

Wall Street Week Ahead: Investors brace for possible rate hike at uncertain Fed meeting

20+ hour, 28+ min ago   (498+ words) NEW YORK: Investors head into next week’s Federal Reserve meeting bracing for the central bank to raise interest rates, a move that could threaten a US stock market rally already showing some vulnerability to rising bond yields. For years, inflation…...


brecorder.com > news > 40/43/9223 > copper-on-track-for-first-weekly-dip-since-june-on-us-tariff-doubts

Copper on track for first weekly dip since June on US tariff doubts

1+ day, 22+ hour ago   (333+ words) LONDON: Copper prices were headed for their first weekly drop since June, even as they steadied on Friday following a steep fall in the previous session after Reuters reported that the White House had not made a decision on imposing…...


brecorder.com > news > amp > 40439212

Japan???s wholesale inflation stays elevated in Aug, boosts case for rate hike

1+ day, 22+ hour ago   (300+ words) TOKYO: Japan’s wholesale inflation remained elevated in August, data showed on Friday, highlighting mounting price pressures that cement the case for the central bank to raise interest rates this month. The data follows recent hawkish communication from the Bank of…...


brecorder.com > news > 40/43/9026 > copper-set-to-snap-10-week-winning-streak-on-white-house-tariff-hesitation

Copper set to snap 10-week winning streak on White House tariff hesitation

3+ day, 13+ hour ago   (332+ words) Copper was set to snap a 10-week winning streak, despite a marginal Friday rise, after Reuters reported that the White House had yet to decide on refined copper tariffs, triggering a sharp drop from record highs. Three-month copper on the…...


brecorder.com > news > 40/43/7974 > dollar-gains

Dollar gains - Markets

1+ week, 2+ day ago   (241+ words) NEW YORK: The dollar jumped on Friday after data showed that US employers added 162,000 jobs in August, well above the 56,000 additions expected by economists, boosting bets on a September Federal Reserve interest rate hike, but then pared much of the…...


brecorder.com > news > amp > 40437319

Dollar slips ahead of US jobs data

1+ week, 6+ day ago   (493+ words) NEW YORK: The dollar edged lower on Monday as traders waited on key US jobs data due later this week, after hawkish remarks from Federal Reserve Chairman Kevin Warsh on Friday renewed bets on a September interest rate hike. Traders…...