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Friday, October 4, 2024
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Oil down with market uncertain over US inflation, employment data

By Sudarshan Varadhan BEIJING (Reuters) - Oil prices ticked down in Asian trade on Friday as bullish sentiment about Chinese demand and potential Middle Eastern supply disruptions was tempered by

ArcelorMittal-Nippon Steel India joint venture signs $5 billion loan deal with Japanese banks

The proceeds would be used to fund the expansion of the JV's annual steelmaking capacity at its Hazira plant in India to 15 million tonnes from 9 million tonnes.

Dollar eyes quarterly drop as rate rise bets recede

By Tom Westbrook and Kevin Buckland SINGAPORE/TOKYO (Reuters) - The dollar tracked toward a second consecutive quarterly loss on Friday, as investors see U.S. interest rates close to peaking and

Asian shares ride high in Q1 but keep vigil on inflation

By Stella Qiu SYDNEY (Reuters) - Asian shares were headed for a second quarterly gain on Friday while bonds were enjoying the best month since 2008, but the market was braced for a stormy session

Oil down marginally amid uncertainty over imminent US economic data

By Sudarshan Varadhan BEIJING (Reuters) -Oil prices were very slightly down in Asian morning trade on Friday as bullish sentiment about Chinese demand and potential Middle Eastern supply disruptions

Stocks rise and dollar falls while oil rallies

By Sinéad Carew NEW YORK (Reuters) - Stock indexes advanced on Thursday but finished below their session highs while the dollar declined as investors turned their focus to upcoming inflation data and

Asian shares ride high in Q1 but steel for U.S. inflation data

By Stella Qiu SYDNEY (Reuters) - Asian shares were headed for a second quarterly gain on Friday while bonds were enjoying the best month since 2008, but the market was braced for a stormy session

Oil rises as China factory activity expansion lifts demand hopes

By Sudarshan Varadhan SINGAPORE (Reuters) - Oil prices climbed in early Asian trade on Friday as sentiment was boosted by an expansion in factory activity in China, the world's second largest crude

Dollar to log quarterly drop as rate hike bets recede

By Tom Westbrook SINGAPORE (Reuters) - The dollar tracked toward a second consecutive quarterly loss on Friday, as investors see U.S. interest rates close to peaking and expect the dollar's yield

French drugmaker Sanofi looks to spin off consumer business in India, says ET report

The company is working with Bank of America on the spin-off process, ET reported, citing people familiar with the matter.

On Camera

I met Hezbollah leader Hassan Nasrallah in 2005. He told me he was an admirer of MK Gandhi

Shuttle diplomacy at a high level is indicated, along the lines of the famous Kissingerian shuttles following the 1973 Arab-Israeli war.

#ByeByeAP to #LuluBackInAP: Naidu’s moves to make Andhra ‘business friendly’ & woo back investors

The Jagan Reddy govt has been accused of scuppering various investment deals. Under Naidu, the govt, is trying to make AP a top investment destination, officials and industrialists say.

IAF chief AP Singh red-flags Tejas delay, says China ahead in technology & production capacity

Air force chief says HAL needs to churn out 24 aircraft per year. It is important for IAF to have indigenous weapons systems to deal with any security challenges, he says.

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?