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Friday, October 11, 2024
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Asian shares at 9-month high after resilient U.S economic data

By Ankur Banerjee SINGAPORE (Reuters) - Asian stocks rose on Friday and were poised for their fifth straight week of gains after a set of data highlighted a resilient U.S. economy, lifting investor

Dollar drops vs yen, near 9-month low to euro on central bank bets

By Kevin Buckland TOKYO (Reuters) - The U.S. dollar dropped against the yen on Friday as traders bet a hawkish pivot from the Bank of Japan (BOJ) was still in the offing. The dollar also sagged close

Oil prices edge up on strong U.S. economic data, Chinese demand hope

By Arathy Somasekhar (Reuters) - Oil prices edged marginally higher on Friday, extending for a second session on strong U.S. economic data and strengthening hope that the reopening of the Chinese

Dollar higher as strong U.S. data backs a hawkish Fed

By Saqib Iqbal Ahmed NEW YORK (Reuters) - The dollar edged higher against the euro on Thursday after data showed the U.S. economy maintained a strong pace of growth in the fourth quarter, backing the

Oil settles up 2% on strong U.S. data, China reopening

By Scott DiSavino NEW YORK (Reuters) - Oil prices rose about 2% on Thursday on expectations that global demand will strengthen as top oil importer China reopens its economy and on positive U.S.

Stocks, dollar gain on soft landing hopes

By Herbert Lash and Huw Jones NEW YORK/LONDON (Reuters) -Global stock markets rallied and the dollar strengthened on Thursday after a slew of data showed a strong U.S. economy that is decelerating

Gold drops on strong U.S. economic data, firmer dollar

By Seher Dareen (Reuters) - Gold prices fell on Thursday due to a firmer dollar and strong U.S. economic data that could prompt the Federal Reserve to keep interest rates higher for longer. Spot gold

Gold drops over 1% on strong U.S. economic data, firmer dollar

By Seher Dareen (Reuters) - Gold fell more than 1% on Thursday on a firmer dollar and strong U.S. economic data that could prompt the Federal Reserve to keep interest rates higher for longer. Spot

Oil up 1% as positive U.S. data, China reopening boosts demand optimism

By Scott DiSavino NEW YORK (Reuters) - Oil prices rose more than 1% on Thursday on expectations that global demand will strengthen as top oil importer China reopens its economy and on positive U.S.

Stocks, dollar gain on resilient U.S. economy

By Herbert Lash and Huw Jones NEW YORK/LONDON (Reuters) - A gauge of global stock performance rose and the dollar strengthened on Thursday after a slew of data showed a strong U.S. economy that is

On Camera

Indian intelligence needs science & policy experts. Look beyond IPS & IRS

Not recruiting from civilian and scientific talent pools risks a ‘failure of imagination’, hindering India’s ability to pre-empt previously unanticipated dangers.

RBI’s policy-setting body keeps rates unchanged for 10th straight time, changes stance to ‘neutral’

Change in stance signals possibility of rate cuts, potentially as early as December, depending on inflation trends & global economy. Growth projection for FY 2024-25 retained at 7.2%.

Amid concerns about use of Chinese parts in drones, Army general urges industry to be transparent

Maj Gen CS Mann, ADG, Army Design Bureau, cites national security concerns. This comes after intelligence agencies flagged use of Chinese components in drones purchased by armed forces.

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?