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Thursday, October 10, 2024
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Asian stocks rise with crude amid China optimism before holiday

By Kevin Buckland TOKYO (Reuters) - Asian equity markets and crude oil rose on Friday amid optimism about China's reopening following the lifting of stringent COVID curbs, as markets prepared for the

Dollar muted as growth concerns mount, yen retreats

By Ankur Banerjee SINGAPORE (Reuters) - The U.S. dollar loitered around its seven-month lows on Friday as fears of an economic slowdown dented risk appetite, while the yen eased even as speculation

Oil prices set for second week of gains on brighter China outlook

By Sudarshan Varadhan (Reuters) - Oil prices were set to post a second straight week of gains on Friday, spurred largely by brightening economic prospects for China which should boost its fuel demand.

Dollar subdued as growth concerns mount, yen retreats

By Ankur Banerjee SINGAPORE (Reuters) - The U.S. dollar struggled for direction on Friday as fears of an economic slowdown dented risk sentiment, while the yen slipped as speculation continue to swirl

Asian stocks edge up, dollar sags as markets mull Fed risks

By Kevin Buckland TOKYO (Reuters) - Most Asian equity markets edged higher on Friday, while the U.S. dollar hung near its weakest level since May, with investors fretting about the risks of a global

Oil prices climb on hopes for Fed slowing interest rate hikes

By Arathy Somasekhar (Reuters) - Oil prices rose on Friday on optimism that the U.S. Federal Reserve will ends its tightening cycle, buoying the economy and boosting fuel demand. Brent futures for

Stocks fall, yields up; economic slowdown worries mount

By Caroline Valetkevitch NEW YORK (Reuters) - World stocks fell on Thursday and U.S. benchmark 10-year Treasury yields bounced up off of four-month lows, as worries mounted that an aggressive stance

Oil prices rally to highest close since Dec. 1 on China optimism

By Shariq Khan BENGALURU (Reuters) -Oil prices settled 1% higher on Thursday, extending a recent rally built around rising Chinese demand, while the market wrote off a second straight week of large

U.S. dollar slumps as data continues to show slowdown; yen rises

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - The dollar slid on Thursday in choppy trading, as a slew of data continued to show that the U.S. economy was slowing down in the wake of multiple hefty

Gold rises over 1% on tepid U.S. dollar, safe-haven inflows

By Seher Dareen (Reuters) - Gold prices rose over 1% on Thursday, supported by a weaker dollar and some safe-haven demand as weak U.S. economic readings and hawkish comments from Federal Reserve

On Camera

Read the Kashmir verdict. It’s time to stop treating it like a national security crisis

Election after election has seen Kashmir’s people demonstrate that, like other Indians, they seek a future shaped by democratic rights and norms

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%.

Massive in size & capable of heavyweight strikes. Russia’s S-70 Okhotnik is unlike any other drone

No clarity on whether it was shot down intentionally or accidentally.Some reports suggest that it was purposely brought down to prevent Ukrainians getting their hands on the drone.

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?