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Thursday, October 3, 2024
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India’s passenger vehicle sales up 26.7% in FY23 -industry body

NEW DELHI (Reuters) - India's passenger vehicles sales grew 26.7% in the fiscal year 2022-23, as chip shortages eased and demand for sport utility vehicles (SUVs) surged, an auto industry body said on

Dollar slides as US inflation slows, tech drags on Hong Kong

By Tom Westbrook SINGAPORE (Reuters) - Asian stocks struggled on Thursday, dragged down by tech and property selling in Hong Kong, while the dollar was under pressure as softening U.S. inflation

Dollar soft as cooling US inflation brings end in sight for Fed rate hikes

By Ankur Banerjee SINGAPORE (Reuters) - The dollar remained subdued in Asian trade on Thursday after weakening overnight as cooler-than-anticipated U.S. inflation data stoked expectations that the

Oil falls as investors worry over recession fears

By Yuka Obayashi and Jeslyn Lerh SINGAPORE (Reuters) -Oil prices retreated on Thursday after rising for two sessions, with investors still showing lingering concern over a possible U.S. recession and

Gold ticks up as US inflation data fuels bets for rate-hike pause

By Kavya Guduru (Reuters) - Gold prices inched higher for a third consecutive session on Thursday, as cooler-than-expected U.S. inflation data spurred bets that the Federal Reserve might raise rates

Tech drags Hong Kong stocks, dollar squeezed as US inflation slows

By Tom Westbrook SINGAPORE (Reuters) - Asian stocks struggled on Thursday, dragged by selling in Hong Kong tech shares, while the dollar was under pressure and short-dated bonds were firm as softening

MARKETMIND: It’s ‘risk off’ as Fed floats ‘mild recession’

By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever. Asian markets on Thursday look set to take their cue from the 'risk off' U.S. session the day before, with

Oil eases as investors remain cautious on recession fears

By Yuka Obayashi TOKYO (Reuters) - Oil prices eased in early trading on Thursday after rising for the previous two sessions as investors remained cautious due to lingering concerns over a U.S.

Dollar eases as US inflation cools

By Ankur Banerjee SINGAPORE (Reuters) - The dollar was on the back foot on Thursday after cooler-than-anticipated U.S. inflation data lifted risk sentiment and stoked expectations that the Federal

Sovereign debtors, creditors agree on steps to jumpstart debt restructurings

By Andrea Shalal WASHINGTON (Reuters) -Global creditors, debtor nations and international financial institutions on Wednesday agreed to improve data sharing, set clearer timetables and take other

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?