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US stocks plummet 1.6 per cent after Fed shakes markets with another rate hike

US stocks plummet 1.6 per cent after Fed shakes markets with another rate hike

The Fed raised its benchmark interest rate by another 25 basis points despite a banking crisis causing turmoil in the US financial sector.
Thu Mar 23 2023
Threat of 'hard Brexit' pulls down Wall Street

Threat of 'hard Brexit' pulls down Wall Street

US stocks dropped on Tuesday as investors fretted about Britain's exit from the European Union and the prospect of a Federal Reserve interest rate hike in coming months.
Wed Oct 05 2016
US stocks dip ahead of Apple launch, Fed report

US stocks dip ahead of Apple launch, Fed report

US stocks opened slightly lower Wednesday ahead of Apple's expected launch of a new iPhone and the Federal Reserve's "Beige Book" report assessing economic conditions around the country.
Wed Sep 07 2016
US stocks fall as oil crash hits Exxon; Dow -1.2%

US stocks fall as oil crash hits Exxon; Dow -1.2%

US stocks opened sharply lower Tuesday as ExxonMobil and other petroleum companies reported weak earnings due to the oil rout.
Tue Feb 02 2016
NYSE suffers lengthy outage as US stocks slump

NYSE suffers lengthy outage as US stocks slump

The NYSE halted trading Wednesday for more than three hours due to technical problems that it said were not caused by hacking.
Thu Jul 09 2015
US stocks fall on fear of strong dollar, Greek turmoil

US stocks fall on fear of strong dollar, Greek turmoil

Strong earnings from Apple, Boeing and some others were not enough this week to offset Wall Street angst over the strong dollar, crashing oil prices and the Greek election.
Sat Jan 31 2015
US stocks tumble despite Twitter IPO, strong US GDP

US stocks tumble despite Twitter IPO, strong US GDP

US stocks Thursday tumbled despite a successful launch of trading in Twitter stock.
Thu Nov 07 2013
US stocks prove resilience amid government shutdown

US stocks prove resilience amid government shutdown

The Dow Jones Industrial Average of 30 blue-chip stocks fell 1.22 percent over five trading sessions to finish at 15,072.58 points Friday.
Sat Oct 05 2013
US stocks drop on shutdown, weak jobs data

US stocks drop on shutdown, weak jobs data

US stocks rose Tuesday as investors hoped the budget impasse that forced the closure of much of the government would be short.
Wed Oct 02 2013
US exchanges shut down before Hurricane Sandy

US exchanges shut down before Hurricane Sandy

Major US stock exchanges will remain closed with Hurricane Sandy due to make landfall on the East Coast.
Mon Oct 29 2012
Prabowo takes up Indonesian presidency, vows to tackle corruption, other issues

Prabowo takes up Indonesian presidency, vows to tackle corruption, other issues

Prabowo officially became Indonesia's eighth president on Sunday morning after he was sworn in during a ceremony at Indonesia's parliament.
Sun Oct 20 2024
Nepal's Sherpas deserve more, says teenager who scaled world's 14 tallest peaks

Nepal's Sherpas deserve more, says teenager who scaled world's 14 tallest peaks

Sherpas are known for climbing skills that make them the backbone of mountain expeditions.
Sun Oct 20 2024
Prabowo takes up Indonesian presidency, vows to tackle corruption, other issues

Prabowo takes up Indonesian presidency, vows to tackle corruption, other issues

Indonesia's Prabowo Subianto on Sunday took over as president of the world's third-largest democracy, vowing to combat internal issues
Sun Oct 20 2024
Inside the underground lab in China tasked with solving a physics mystery

Inside the underground lab in China tasked with solving a physics mystery

China will soon collect neutrino data, aiming to unravel one of particle physics' biggest mysteries.
Sun Oct 20 2024
Millions in Cuba still without power as major outage persists

Millions in Cuba still without power as major outage persists

Millions of Cubans remain without electricity because of a prolonged outage at the main power plants on the island, Anadolu Agency reported.
Sun Oct 20 2024
Surge in Gaza violence increases famine risk, monitor says

Surge in Gaza violence increases famine risk, monitor says

About 1.84 million people across the besieged Palestinian enclave are living through high levels of acute food insecurity.
Sun Oct 20 2024
Israel pounds Beirut and Gaza after rockets hit Israel's north

Israel pounds Beirut and Gaza after rockets hit Israel's north

A drone was launched at Prime Minister Benjamin Netanyahu's holiday home.
Sun Oct 20 2024
Elon Musk promises to award $1 mil each day to a signer of his petition

Elon Musk promises to award $1 mil each day to a signer of his petition

He awarded a $1 million check to an attendee of his event in Pennsylvania aimed at rallying supporters behind Donald Trump.
Sun Oct 20 2024
Former special forces commander Prabowo to take up Indonesian presidency

Former special forces commander Prabowo to take up Indonesian presidency

Indonesia's Prabowo Subianto will take over as president of the world's third-largest democracy after sweeping the country's election with policies like free meals for school children
Sun Oct 20 2024
Father of Malaysian Islamic banking, Abdul Halim Ismail passes away

Father of Malaysian Islamic banking, Abdul Halim Ismail passes away

His dedication and pioneering spirit played an important role in shaping the journey of Bank Islam as well as leaving a lasting impact on the development of Malaysia's Islamic finance industry.
Sun Oct 20 2024