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Friday, October 11, 2024
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Dollar up as data shows U.S. economy grew strongly in Q4

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, even as

Gold eases on strong U.S. data, slowdown risks limit losses

By Seher Dareen (Reuters) - Gold edged down on Thursday following strong fourth-quarter U.S. economic data, but indications of a likely slowdown limited losses in the safe-haven asset. Spot gold fell

Strong U.S. GDP underpins shares ahead of next week’s Fed meeting

By Huw Jones LONDON (Reuters) - Stocks held their gains on Thursday after data showed the U.S. economy grew at a faster-than-expected clip in the final three months of 2022, holding out hope for

Dollar just off eight-month low ahead of U.S. GDP data

By Alun John and Joice Alves LONDON (Reuters) - The dollar edged up on Thursday after sinking to an eight-month low against peers ahead of U.S. economic data, with investors expecting a recession to

Firmer stocks await U.S. GDP data before Wall St opening bell

By Huw Jones LONDON (Reuters) - Stocks held their gains on Thursday ahead of U.S. economic growth figures as investors bet the U.S. Federal Reserve meeting next week will flag a pause in the central

Gold falls on firm dollar as traders brace for U.S. data

By Arundhati Sarkar (Reuters) - Gold prices dipped on Thursday as the dollar firmed, while investors awaited a host of U.S. economic data for clues on the Federal Reserve's strategy on interest rate

Oil prices firm on China demand optimism

By Ahmad Ghaddar LONDON (Reuters) -Oil prices rose 1% on Thursday on expectations that demand will strengthen as top oil importer China reopens its economy and on news U.S. crude inventories have

Gold dips on firm dollar as traders brace for U.S. data

By Arundhati Sarkar (Reuters) - Gold prices eased on Thursday as the dollar firmed, while investors braced for U.S. economic data that could provide clues on the whether the Federal Reserve would

Hopes of slowdown in rate hikes bolster shares ahead of U.S. GDP

By Huw Jones LONDON (Reuters) - Stocks firmed on Thursday as investors bet that central banks meeting next week will signal a slowdown or even a pause in interest rate hikes for later in the year to

Dollar skulks at eight-month low, central bank meetings in focus

By Rae Wee and Alun John SINGAPORE/LONDON (Reuters) - The dollar fell to an eight-month low against its peers on Thursday, as a gloomy U.S. corporate earnings season stoked recession fears ahead of a

On Camera

A frosty start featuring ‘ULFA tapes’, thawed by a love of dogs. My conversations with Ratan Tata

Besides politics, his frustrations with business environment & inspirational ideas ranging from entrepreneurship to technology, aviation, philanthropy, we discovered a common passion: dogs

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?