Apr 13, 2021 07:39 AM IST
Spot gold fell 0.3% to $1,728.15 per ounce at 0122 GMT. U.S. gold futures were down 0.2% at $1,729.10 per ounce.
- Apr 09, 2021 08:25 AM IST
Weekly initial jobless claims data showed a second straight rise, conflicting with the recent payrolls report, and buttressed the Federal Reserve’s dovish policy stance to keep interest rates lower for a substantial period.
- Apr 02, 2021 09:50 PM IST
Treasury yields have spiked on the economic outlook spurred by U.S. President Joe Biden's plans for $2.3 trillion in infrastructure spending and the accelerating rollout of COVID-19 vaccines.
- Feb 24, 2021 08:31 PM IST
The selloff has even engulfed Europe, despite its lagging recovery and weak inflation, with Germany posting a 26 bps real 10-year yield increase last week -- the biggest in almost a year.
- Feb 23, 2021 04:47 PM IST
The Fed has relied on tweaks to IOER, which is what it pays banks for reserve balances, and to rates in its overnight reverse repurchase agreement (repo) facility in the past to keep the fed funds rate inside of its target band.
- Feb 18, 2021 09:55 AM IST
Spot gold was up 0.4% at $1,782.64 per ounce by 0336 GMT, having dropped to its lowest since Nov. 30 at $1,768.60 on Wednesday. U.S. gold futures gained 0.6% to $1,783.10.
- Jan 04, 2021 10:51 AM IST
Easy money and fiscal gridlock in Washington lead to populism
- Dec 07, 2020 10:48 PM IST
German Finance Minister Olaf Scholz issued a sharply worded statement after the meeting, underscoring his concerns about authorizing the launch of Facebook's Libra cryptocurrency - newly renamed Diem - in Germany and Europe.
- Jun 11, 2019 09:17 AM IST
While US President Donald Trump has launched his retaliatory action against India citing denial of ‘equitable and reasonable’ access to its markets, he is not talking about the access already enjoyed by the US companies.
- Oct 11, 2018 09:58 AM IST
Tracking the sentiment, the Indian rupee touched a fresh record low of 74.46 per dollar.
- Nov 02, 2017 12:20 PM IST
The comments from Rajan, currently a professor at University of Chicago Booth School of Business, came after the U.S. Treasury said it would be "closely monitoring" India's foreign exchangeand macroeconomic policies in its latest report on its trading partners' exchange rate policies.
- Oct 27, 2016 03:26 PM IST
Both IMF Managing Director Christine Lagarde and Treasury Secretary Jacob Lew traveled to Saudi Arabia to speak to the kingdom's rulers, as well as other officials of a regional bloc called the Gulf Cooperation Council.
- Apr 06, 2016 08:22 PM IST
"It really looked like they did a very fine job of constructing a rule here â€” a temporary rule â€” to stop this deal, and obviously it was successful," Brent Saunders, CEO of Allergan told CNBC's "Squawk on the Street."
- Mar 14, 2016 09:00 PM IST
The bond sale is part of the bank's USD 7.5-billion global medium term note programme and is the first from a private sector domestic financial institution this year.
- Feb 20, 2016 12:53 PM IST
Boeing's licence, received on Thursday, marked a step toward catching up with European rival Airbus, which last month agreed to sell Iran 118 planes worth about USD27 billion at list prices.
- Jan 23, 2016 12:36 PM IST
The sharp downward move Wednesday, which at one point dragged the Dow Jones Industrial Average lower by more than 550 points, has been called by at least one market strategist a "mirage." Oil industry sources agreed the activity was somewhat unusual
- Oct 20, 2015 09:51 AM IST
In the Treasury's semi-annual report on economic and currency policies of major trade partners, the United States also said that the yuan, officially known as the renminbi, remains below its "appropriate medium-term valuation."
- Sep 21, 2015 09:19 PM IST
It is important to put on record that Wipro has spent USD 8 million to train teachers in the US in the field of Science, Technology, Engineering and Maths, she said.
- Sep 19, 2015 02:26 PM IST
Dimon said the economy would have grown faster without the Washington gridlock, but said he did not blame the government as it is elected by the people.
- Sep 14, 2015 01:44 PM IST
The payments are being made after the July nuclear deal that Tehran has struck with western powers, allowing for suspension and eventual termination of sanctions.
- Sep 05, 2015 12:48 PM IST
In a meeting with Chinese Finance Minister Lou Jiwei here at the G20, US Treasury Secretary Jacob Lew said he was closely monitoring China's recent economic policy actions, including the shift in its exchange rate regime.
- Aug 25, 2015 08:58 AM IST
Aso said that while there was no immediate plan for G20 and G7 nations to take coordinated action against the current markets turmoil, global financial authorities were in frequent contact with each other on market developments.
- Jul 10, 2015 07:31 AM IST
Shares on Wall Street initially rebounded about 1 percent, having been dragged into the red for the year on Wednesday by the China crash, cliff-hanger talks on Greece and a benign yet unsettling glitch on the New York Stock Exchange.
- Jul 01, 2015 09:43 AM IST
The US Treasury Secretary, Jack Lew, has been talking to his counterparts in Europe and encouraging them to find a path towards a resolution.
- Jun 21, 2015 08:39 PM IST
Finance Minister Arun Jaitley met top US officials here and raised India's concerns over key bilateral issues, including totalisation agreement and the proposed Bilateral Investment Treaty.