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Stocks retreat, yields climb on rate hike expectations

By Chuck Mikolajczak NEW YORK (Reuters) -A gauge of global stocks fell on Wednesday after two straight days of gains as investors gauged the latest earnings reports, while the 10-year U.S. Treasury

Dollar firms as U.S. yields rise, high British inflation underpins pound

By Herbert Lash and Alun John NEW YORK/LONDON (Reuters) -The dollar strengthened on Wednesday, lifted by rising Treasury yields, though the pound gained against the greenback after British inflation

Dollar strengthens as US yields rise, high British inflation underpins pound

By Alun John and Kevin Buckland LONDON/TOKYO (Reuters) - The dollar strengthened on Wednesday, underpinned by climbing U.S. yields, though the pound held up better than most after British inflation

Rupee hits over 2-week low as US yields firm, premiums drop

By Anushka Trivedi MUMBAI (Reuters) - The Indian rupee closed at a more-than-two-week low against the dollar on Wednesday as the greenback staged a recovery on firmer U.S. Treasury yields. The rupee

Oil slides as interest rate expectations eclipse Chinese data

By Ahmad Ghaddar LONDON (Reuters) -Oil prices dropped sharply on Wednesday, sliding by 2% as potential U.S. interest rate hikes that could slow growth and curb oil consumption outweighed strong

Pound firms after British inflation data, dollar stronger elsewhere

By Alun John and Kevin Buckland LONDON/TOKYO (Reuters) - Data showing British inflation stayed above 10% in March meant the pound climbed against the dollar while other currencies dipped, with the

India’s JSW Steel plans to sell specialty steel to Russia -company source

MUMBAI (Reuters) - India's JSW Steel plans to sell specialty steel products to Russia this year, a senior company official told Reuters on Wednesday. "We plan to sell some specialty products,

Stocks ease, dollar perks up as focus returns to Fed and inflation

By Amanda Cooper and Tom Westbrook LONDON/SINGAPORE (Reuters) - Global stocks eased on Wednesday, while the dollar pulled further above last week's one-year lows, as investor focus honed in on what

Oil dips as potential Fed rate hike overshadows falling stocks

By Laila Kearney and Muyu Xu (Reuters) -Oil dropped on Wednesday as the market weighed potential interest rate hikes from the U.S. Federal Reserve that could slow growth and dampen oil consumption,

Stocks slip as focus turns back to Fed and inflation

By Tom Westbrook SINGAPORE (Reuters) - Stocks sagged in cautious trade on Wednesday, while the dollar paused its recent decline as expectations for an imminent peak in the Federal Reserve's interest

On Camera

You can’t ‘wish away’ China, India must balance economic & security considerations, says Sanjeev Sanyal

Sanyal, an economist & member of the Economic Advisory Council to PM, also suggests that if India is to import parts from China, why not allow Chinese companies to manufacture in India.

Compete, coexist, confront & contest: Army chief General Dwivedi says on dealing with China

Referring to current situation, General Upendra Dwivedi says it is stable but not normal; instead, sensitive. He adds the diplomatic side can only come up with certain options.

Islam doesn’t kill democracy. The army-Islam combo does

How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?