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Oil prices hit two-week highs on hopes of China demand rebound

By Shadia Nasralla LONDON (Reuters) -Oil prices rose to their highest in two weeks on Tuesday after China posted weak but expectation-beating annual economic growth data and on hopes that a recent

Shares stumble as China data stokes global economy fears

By Tom Wilson LONDON (Reuters) - Shares slipped on Tuesday after China's growth in 2022 slumped, halting their new year rally and keeping investors on edge over the risk of a global recession, while

Indian shares end higher as consumer stocks shine

By Rama Venkat BENGALURU (Reuters) -Indian shares settled higher on Tuesday, lifted by consumer stocks after data showed domestic inflation was easing, although sustained foreign selling and losses in

Oil prices mixed on Chinese data and demand growth hopes

(Corrects first paragraph to show economic growth was second-weakest in half a century, not weakest) By Sonali Paul and Muyu Xu MELBOURNE (Reuters) - Oil prices were mixed on Tuesday after China

Gold retreats as dollar gains upper hand

By Arundhati Sarkar (Reuters) - Gold fell for a second session on Tuesday as the dollar ticked up, while investors still sought direction from the U.S. Federal Reserve's rate hike path. Spot gold

Sterling rises on UK job data, yen near 7-month high as BOJ decision looms

By Joice Alves and Tom Westbrook LONDON/SINGAPORE (Reuters) - Sterling edged up on Tuesday after data showed the pace of pay growth in Britain, closely watched by the Bank of England as it gauges how

Shares slip as China data stokes economic slowdown fears

By Tom Wilson and Kane Wu LONDON/HONG KONG (Reuters) - European shares paused their new year rally and Asian equities slipped after China reported weak fourth-quarter economic data on Tuesday, keeping

Indian importers use rupee’s recovery to increase hedging, data shows

By Nimesh Vora MUMBAI (Reuters) - Indian importers last week took advantage of the rupee's recovery against the dollar to hedge their future foreign currency obligations, data showed. Average dollar

Oil mixed amid weak China economic data, hopes for better 2023

By Sonali Paul and Muyu Xu MELBOURNE (Reuters) - Oil prices were mixed on Tuesday after China posted its weakest annual economic growth in nearly half a century, with its late-2022 U-turn in COVID-19

Gold pulls back as firmer dollar dulls appeal

By Ashitha Shivaprasad (Reuters) - Gold prices eased back toward the $1,900 support level on Tuesday, pressured by an uptick in the dollar, although hopes of slower interest rate hikes by the U.S.

On Camera

1991 reforms shifted burden of healthcare costs from govt to people. PM-JAY reversed it

After LPG, out-of-pocket expenditure on health facilities increased not only in absolute terms but also as a percentage of total health expenditure.

How businesses can become more resilient to the physical impacts of climate change

Extreme weather events have impacted 50% of corporate respondents to a recent survey. This underlines the importance of significant action now to increase climate resilience.

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?