Muscat: The US dollar drifted near multi-month lows against major peers today as Treasury yields eased from recent highs, with investors awaiting minutes of the Federal Reserve’s latest policy meeting for clues on the path of interest rates. The euro …
Business
European Indices Open Mixed as Interest Rates Impact Technology Stocks
Muscat: European stock indices open mixed in early trade today as markets were impacted by rising interest rates that pushed investors to sell technology stocks, at a time when European markets appeared less affected compared to Wall Street and Asian …
Trump Pauses New 50% Tariffs on Canada for 3 Days
Muscat: US President Donald Trump paused today the imposition of the new 50% tariffs on some Canadian goods for three days as the two countries firm up a trade deal. Trump said that this hold allows more time for additional negotiations and, for the t…