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Wednesday, October 9, 2024
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Stocks buoyed by cheery data after BOJ damp squib

By Nell Mackenzie LONDON (Reuters) - World stocks rose and the Japanese yen slid on Wednesday after the Bank of Japan poured cold water on expectations it could move away from its ultra-loose stance,

Yen lower as BOJ sticks to ultra-easy policy, losses trimmed

By Samuel Indyk and Ankur Banerjee LONDON (Reuters) - The yen dropped against major currencies on Wednesday after the Bank of Japan maintained ultra-low interest rates, although it recovered some

Stocks bouyed by cheery data after BOJ damp squib

By Nell Mackenzie and Stella Qiu LONDON (Reuters) - World stocks rose and Japan's yen tumbled on Wednesday, after the Bank of Japan poured cold water on monetary tightening expectations and economic

Yen drops as BOJ sticks to ultra-easy policy, sterling hits 1-mth high

By Ankur Banerjee and Samuel Indyk SINGAPORE/LONDON (Reuters) - The yen dropped against major currencies on Wednesday after the Bank of Japan maintained ultra-low interest rates, disappointing some

India’s IndusInd Bank posts bigger-than-expected Q3 profit jump

BENGALURU (Reuters) - Indian private lender IndusInd Bank reported a bigger-than-expected jump in third-quarter profit on Wednesday, lifted by strong loan growth and a drop in provisions for bad loans

Oil prices gain around 1% on optimism over China’s recovery

By Rowena Edwards LONDON (Reuters) -Oil prices rose on Wednesday to their highest since early December on optimism that the lifting of China's strict COVID-19 curbs will lead to a fuel demand recovery

Yen slides as BOJ sticks to ultra-easy policy, sterling hits 1-mth high

By Ankur Banerjee and Samuel Indyk SINGAPORE/LONDON (Reuters) - The yen slid against major currencies on Wednesday after the Bank of Japan maintained ultra-low interest rates, disappointing some

Oil prices surge around 1% on optimism over China’s recovery

By Yuka Obayashi and Trixie Sher Li Yap (Reuters) - Oil prices extended early gains to rise around 1% on Wednesday, on optimism that the lifting of China's strict COVID-19 curbs will lead to a

Japanese yen tumbles, bonds rally after BOJ keeps policy ultra easy

By Stella Qiu SYDNEY (Reuters) - The Japanese yen tumbled and bonds notched their biggest rally in two decades on Wednesday after the country's central bank stuck to its ultra-easy monetary policy,

Yen plunges as BOJ sticks to ultra-easy policy

By Ankur Banerjee SINGAPORE (Reuters) - The yen dived sharply against major currencies on Wednesday after the Bank of Japan maintained ultra-low interest rates, disappointing some investors who had

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%.

Germany, Spain await key decision as Navy seeks proven tech for submarines to stay underwater longer

Navy is looking to acquire six new submarines with Air Independent Propulsion technology, which allows vessels to stay underwater for longer periods.

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?