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Wednesday, October 2, 2024
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Oil prices steady; strong China data offsets US rate worries

By Arathy Somasekhar HOUSTON (Reuters) - Oil prices held steady on Tuesday as upbeat economic data in No. 2 oil consumer China offset wider concerns that possible increases to U.S. interest rates

Stocks advance, US yields dip as earnings season picks up

By Chuck Mikolajczak NEW YORK (Reuters) - A gauge of global stocks rose on Tuesday to reach its highest level since early February as U.S. earnings season picks up steam, while Treasury yields dipped

Dollar slips after upbeat China data; euro, pound rise

By Herbert Lash and Samuel Indyk NEW YORK/LONDON (Reuters) -The U.S. dollar fell against most major currencies on Tuesday after better-than-forecast growth data from China, while strong pay figures

European shares, US share futures rise on earnings boost

By Alun John and Scott Murdoch LONDON/SYDNEY (Reuters) - European stocks hit a 14-month high on Tuesday and U.S. share futures rose after better-than-expected Chinese economic data and earnings beats

Dollar slides after upbeat China data; Aussie, pound rise

By Samuel Indyk and Ankur Banerjee LONDON (Reuters) - The dollar fell against most major currencies on Tuesday after better-than-forecast growth data from China, while strong pay figures from Britain

European shares hold near 14-month top, sterling strengthens

By Alun John and Scott Murdoch LONDON/SYDNEY (Reuters) - European stocks held near a 14-month high on Tuesday, following better-than-expected Chinese economic data, while Sterling rose after wage

Oil slips on economy worries, despite upbeat China data

By Alex Lawler LONDON (Reuters) -Oil fell for a second day on Tuesday as upbeat Chinese economic data failed to deflect the focus from a possible increase to U.S. interest rates and wider concern

India’s migrant millions: Caught between jobless villages and city hazards

By Krishn Kaushik and Joseph Campbell NEW DELHI/JAUNPUR, India (Reuters) - As he crosses the mud houses and wheat fields around his village to catch a train to distant Mumbai, Sujeet Kumar says he is

Oil edges up as Chinese economic recovery gathers pace

By Alex Lawler LONDON (Reuters) -Oil firmed slightly on Tuesday, recovering from a 2% slide in the previous session, as faster than expected economic growth in top crude importer China supported the

Dollar strength pauses after upbeat China data, pound gains

By Samuel Indyk and Ankur Banerjee LONDON (Reuters) - The dollar slipped on Tuesday after better-than-forecast growth data from China, while upbeat pay data from Britain supported the pound. China's

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?