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Friday, October 11, 2024
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STMicroelectronics posts fourth-quarter sales rise

By Ashitha Shivaprasad (Reuters) - Gold prices hit a nine-month high on Thursday, while investors hunkered down for U.S. economic data that could influence the Federal Reserve's policy tightening path

Shares in Asia hit fresh 7-month high, U.S. GDP data awaited

By Ankur Banerjee SINGAPORE (Reuters) - Asian equities rose to a fresh seven-month high on Thursday, with Hong Kong shares playing catch-up to other markets' gains as trade resumed after its three-day

Dollar wobbles near eight-month low ahead of central bank meetings

By Rae Wee SINGAPORE (Reuters) - The dollar held close to an eight-month low against its peers on Thursday, as a gloomy U.S. corporate earnings season stoked recession fears and as traders stayed on

Gold scales 9-month peak with spotlight on U.S. data

By Ashitha Shivaprasad (Reuters) - Gold prices hit a nine-month high on Thursday, while investors hunkered down for U.S. economic data that could influence the Federal Reserve's policy tightening path

Oil steady as market awaits more supply clarity

By Jeslyn Lerh SINGAPORE (Reuters) -Oil prices were steady on Thursday after U.S. crude stocks climbed less than expected, while investors awaited further clarity on supply drivers, including an OPEC+

Gold steadies near 9-month peak with spotlight on U.S. data

By Ashitha Shivaprasad (Reuters) - Gold prices hit a nine-month high on Thursday before trading steady, as investors hunkered down for U.S. economic data that could influence the Federal Reserve's

Asian shares scale fresh 7-month high as Hong Kong trade resumes

By Ankur Banerjee SINGAPORE (Reuters) - Asian equities rose to a fresh seven-month high on Thursday, with Hong Kong shares playing catch-up to other markets' gains as trade resumed after its three-day

Dollar near eight-month low ahead of central bank meetings

By Rae Wee SINGAPORE (Reuters) - The dollar lolled near an eight-month low against its peers on Thursday, as a gloomy U.S. corporate earnings season stoked recession fears and as traders stayed on

Oil edges up as U.S. crude inventories rise less than expected

By Laila Kearney (Reuters) - Oil prices were up in early Asian trade on Thursday as U.S. crude stocks rose less than expected, while a weaker dollar made oil cheaper for non-American buyers. Brent

Stocks slide as corporate results spur recession fears

By Herbert Lash NEW YORK (Reuters) -Global equity markets skidded on Wednesday as poor corporate results fueled recession fears, as did the ongoing inversion of short- and long-dated Treasury yields -

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?