$3T/yr needed for low-carbon transition – Yellen
US Treasury Secretary Janet Yellen emphasised the need for $3 trillion in new capital annually until 2050 to…
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Janet Yellen
Yellen urges action against China’s industrial policies at G7 meeting
US Treasury Secretary Janet Yellen called for "market-driven" countries to come together against China's industrial…
US’s Yellen leads G7 Focus on China’s imbalances
US Treasury Secretary Janet Yellen stated Thursday that G7 finance ministers will address concerns about China's…
Yellen urges German banks for stricter Russia sanctions
US Treasury Secretary Janet Yellen has called on German bank executives to enhance efforts to comply with sanctions…
US, Europe must respond to China’s industrial policies
US Treasury Secretary Janet Yellen stressed the importance of a joint US-Europe approach to tackle China's…
Ukraine pleads more aid from IMF, World Bank
Ukrainian President, Volodymyr Zelenskyy called for Russia’s frozen assets to be available to compensate Ukraine…
Russian oil price cap could save African countries $6bln annually
U.S. Treasury secretary Janet Yellen said in Senegal's capital Dakar on Friday the oil price cap on Russia could…
Biden picks ex-Fed chair Janet Yellen as treasury secretary
U.S. President-elect Joe Biden has confirmed his nomination of former Federal Reserve chair Janet L. Yellen as his…
Ex-Fed Chair Yellen says central bank too ‘optimistic’ about U.S. economy
U.S. Federal Reserve’s estimates for long-term economic growth may be a bit too optimistic, said former Fed Chair…
Dollar falls as attention turns to Fed leadership
The dollar inched down Tuesday, stepping back from recent highs as market attention turns to who will be the next…
Gold in Egypt falls as talks about hawkish Fed chair heat up
Gold in Egypt fell by four Egyptian pounds ($0.227) per gram Tuesday driven by a near one-week decline in global…
Dow hit by first four-day losing streak since June
U.S. stocks ended narrowly mixed on Tuesday as technology stocks recovered some of their losses. The Dow Jones…
Asian bourses end mixed after cautious trade
Greater China stock markets bucked declines in most Asian bourses to post slight gains on Wednesday as investors…
European stocks edge higher on Yellen’s hawkish tone
European stock markets moved higher Wednesday amid some major corporate news and on growing expectations of another…
Asian bourses close higher as oil takes a breather; earnings season anticipated
Asian stock markets ended mostly higher on Friday’s trade as investors digested the second day of U.S. Federal…
Gold prices jump to seven pounds per gram in Egypt
Gold prices rose in the Egyptian market during trading on Wednesday by around seven Egyptian pounds, boosted by…
Yellen comments stir anxiety about inflation data due out this week
Now that Fed Chair Janet Yellen has spoken, the market is more anxious than ever about this week's inflation data.…
Gold rises after Yellen hints at only gradual tightening
Gold prices rose on Thursday after U.S. Federal Reserve Chair Janet Yellen said the central bank would only…
Dollar pressured by Trump Jr. emails, focus on Yellen testimony
The dollar prices wobbled in early Asian trading on Wednesday as investors, already wary ahead Federal Reserve…
Fed raises benchmark interest rate for the third consecutive quarter
As one of the longest economic expansions in American history chugs into its ninth year, the U.S. Federal Reserve…
Fed officials have been dipping their toes into the political waters
Officially, the Federal Reserve is trying to stay out of the political debate in Washington over tax reform and…
Swiss franc, yen, firm following Ankara, Berlin incidents
The yen fell only briefly after the Bank of Japan (BoJ) stood pat as widely expected on Tuesday, keeping much of…
Wall Street points to higher opening, eyes Yellen, data, earnings
U.S. stock index futures pointed to a higher opening on Thursday morning as traders eyed remarks from Federal…
U.S. stocks end lower Monday as consumer discretionary lags; Fed, earnings in focus
U.S. stocks ended lower Monday, amid declining oil prices, as investors digested a number of corporate results, key…
European stocks fall as dollar touches 7-month high; central bank action in focus
European stock markets extended losses in morning trade Monday as investors remained cautious ahead of earnings,…
Fed’s Yellen: ‘high-pressure’ policy may be only way back from 2008-2009…
The U.S. Federal Reserve may need to run a "high-pressure economy" to reverse damage from the 2008-2009 crisis that…
Dollar surges as US data backs December rate hike view
The dollar registered on Friday its best weekly performance in more than seven months after strong U.S. retail…
Europe stocks close sharply up as banks rally 2.15%; miners boosted by China
European stocks closed on Friday sharply higher, as a positive morning trade on Wall Street, a strong rally in…
U.S. stocks end higher after Yellen comments, bank earnings
U.S. stocks ended slightly higher on Friday, finishing near lows of the session to turn in a second losing week in…
U.S. stocks close mostly lower as energy drops more than 1%
U.S. stocks ended mostly lower Wednesday, with energy weighing, as oil prices dropped sharply despite bullish…
European stocks close lower after Fed comments; oil falls
European stocks ended lower Monday as crude oil futures dropped and the U.S. dollar strengthened after hawkish…
Gold drops on steady dollar with Fed rate hike in focus
Gold inched lower Monday as the dollar got a boost after hawkish comments from U.S. Federal Reserve Chair…
European stocks fall after Fed rate hike comments; oil slides
European stocks traded lower Monday as the U.S. dollar strengthened after hawkish comments from U.S. Federal…
Nikkei surges to 1-1/2 week high after Yellen’s speech, weak yen
Japanese stocks surged to 1-1/2-week highs on Monday as the yen weakened after U.S. Federal Reserve Chair Janet…
Europe stocks end higher after Yellen speech; up 1% on the week
European stock markets seesawed in afternoon trade and ended higher as investors reacted to a speech from U.S.…
Fed’s Yellen sees stronger case for interest rate hike
The Federal Reserve is getting closer to raising interest rates again, the head of the U.S. central bankand other…
Europe stocks close lower as miners, health care slide; Yellen speech on horizon
European stock markets posted sharp losses by Thursday's close, weighed down by a decline in miners, autos and…
Wall Street lower as nerves rise ahead of Yellen speech
Wall Street was lower on Thursday morning as investors nervously awaited Federal Reserve Chair Janet Yellen's take…
Europe stocks lower; miners, health care stocks slide 2%; Yellen speech in focus
European stocks were lower Thursday, dragged down by mining and healthcare stocks as investors trod cautiously…
Wall Street eyes data, Friday’s Fed chair Yellen speech
U.S. stock index futures indicated a lower open Thursday morning as traders eyed the release of data and…