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Wednesday, October 2, 2024
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James Murdoch’s Bodhi Tree reduces planned investment in Reliance JV Viacom18 by 70%

In April last year, Reliance Industries said that Bodhi Tree would spend Rs 135 billion out of planned Rs 151.45 billion investment in media behemoth.

Asia shares gain as Singapore stops tightening, euro climbs

By Wayne Cole SYDNEY (Reuters) - Asian shares firmed on Friday as Singapore became the latest country to pause its policy tightening and markets became more confident the likely next hike in U.S.

Dollar sinks to one-year low as cooling inflation raises Fed pause expectation

By Rae Wee SINGAPORE (Reuters) - The U.S. dollar tumbled to a one-year low against a basket of currencies on Friday while the euro hit a one-year peak, as traders ramped up expectations of an imminent

Oil climbs on tightening supply; IEA demand outlook awaited

By Andrew Hayley and Trixie Yap (Reuters) -Oil prices rose on Friday on signs of lower Russian output and tighter supplies, with the market looking ahead to the International Energy Agency's (IEA)

Dollar slides to one-year low as cooling inflation raises Fed pause expectation

By Rae Wee SINGAPORE (Reuters) - The U.S. dollar tumbled to a one-year low against a basket of currencies on Friday while the euro hit a one-year peak, as traders ramped up expectations of an imminent

Dollar loses steam as cooling inflation raises Fed pause expectation

By Rae Wee SINGAPORE (Reuters) - The U.S. dollar languished near a two-month low against major peers on Friday while the euro flirted with a one-year peak, as traders ramped up expectations of an

Asia shares up as Singapore joins the pause camp

By Wayne Cole SYDNEY (Reuters) - Asian shares firmed on Friday as Singapore became the latest country to pause its policy tightening and markets became more confident the likely next hike in U.S.

Oil inches up on tightening supply, IEA demand outlook to come

By Andrew Hayley BEIJING (Reuters) - Oil prices rose in early Asian trade on Friday, after falling 1% in the previous session, as the market weighed supportive supply conditions ahead of the

Japan, India and France launch creditors meeting on Sri Lanka debt

By Leika Kihara and Jorgelina do Rosario WASHINGTON (Reuters) - Japan, India and France on Thursday announced a common platform for talks among bilateral creditors to coordinate restructuring of Sri

Marketmind: Soft landing hopes fuel that Friday feeling

By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever. Asian markets are poised to end the week on a positive note, spurred by a powerful rally on Wall Street and

On Camera

Indian industry in Bangladesh is staring at a void. New Delhi must give line of credit to Dhaka

For New Delhi, SAFTA and CEPA will be critical. Such frameworks could institutionalise economic ties with Bangladesh, making them resilient to political disruptions.


Even as SEBI lays down new curbs on F&O market, discount brokerages are changing business models

SEBI Tuesday unveiled rules to curtail retail participation in derivatives market. Options premia to be collected upfront from options buyer effective 1 Feb 2025.

‘No drone bombs or infiltration’, Army Chief says ‘battle of narratives’ must be controlled in Manipur

Chief of Army Staff General Upendra Dwivedi says the Manipur conflict was triggered by a rumour and that the situation may be ‘stable today, but it is tense’.

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?