Jerome Powell interacts with other top officials during a break at the annual Kansas City Fed Economic Policy Symposium in Jackson Hole, Wyoming, US, on Friday. Reuters
Stocks surged while the dollar dropped on Tuesday as US inflation slowed more than expected, opening the way for the Federal Reserve to reduce the tempo of interest rate hikes.
Global stocks rose and the dollar retreated on Tuesday as a fall in US inflation and an improving outlook for China’s economy continued to cheer investors.
The dollar rose and key US, European and global stock indexes hovered near record highs on Friday as investors embraced the easy monetary policies of major central banks and their message that rising inflation will be transitory.
Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, has successfully hosted a business event on the sidelines of Gulfood,
With the civil aviation industry almost fully recovered after the steepest fall in passenger numbers due to the 21st century’s second pandemic,
The Singapore Airshow kicked off on Tuesday with an array of aerial displays including some by China’s COMAC C919 narrow-body airliner,