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Wednesday, October 9, 2024
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Gold rally takes a breather as dollar regains some ground

By Kavya Guduru (Reuters) - Gold prices edged lower from a more than eight-month high on Monday, but held above the key $1,900 per ounce level on expectations that the U.S. Federal Reserve will be

Gold prices seen rising towards record highs as rate rises near end

By Peter Hobson LONDON (Reuters) - Gold prices are expected to rise towards record highs above $2,000 an ounce this year, albeit with a little turbulence, as the United States slows the pace of rate

Dollar finds its footing near seven-month low, all eyes on yen

By Rae Wee and Alun John SINGAPORE/LONDON (Reuters) - The dollar started the week on the back foot, hitting a seven-month low against a basket of major peers in Asian trade before steadying, with the

Shares shine, dollar dims as BOJ battles bond bears

By Lawrence White LONDON (Reuters) - Stocks continued their new year rally on Monday as optimism over the global economy, inflation coming under control and China's reopening offset concerns the Bank

Dollar steadies after hitting seven-month low, all eyes on yen

By Rae Wee and Alun John SINGAPORE/LONDON (Reuters) - The dollar started the week on the back foot, hitting a seven-month low against a basket of major peers in Asian trade, with the yen in particular

Shares rise, yen climbs as BOJ battles bond bears

By Wayne Cole and Lawrence White SYDNEY/LONDON (Reuters) - Shares firmed on Monday as optimism over corporate earnings and China's reopening offset concerns the Bank of Japan (BOJ) might temper its

Global jobs growth will halve in challenging 2023: ILO

LONDON (Reuters) - Global employment growth is expected to slow down sharply to 1% this year compared to 2% in 2022, hit by the economic fallout of the war in Ukraine, high inflation and tighter

Yen jumps on hopes of BOJ policy shift; dollar slides to seven-month low

By Rae Wee SINGAPORE (Reuters) - The dollar fell to a seven-month low against major peers on Monday while the yen surged to an over seven-month peak, as traders ramped up bets that the Bank of Japan

Google-backed ShareChat lays off 20% workforce to cut costs

Bengaluru-based ShareChat is valued at $5 billion, has more than 2,200 employees and is now retrenching due to pressure from investors to cut costs.

Yen surges on BOJ policy shift speculations; dollar slides to seven-month low

By Rae Wee SINGAPORE (Reuters) - The dollar fell to a seven-month low against major peers on Monday while the yen spiked to an over seven-month peak as traders ramped up bets that the Bank of Japan

On Camera

Haryana win is redemption, J&K defeat is vindication. BJP is walking out of Lok Sabha poll fog

A leader's charisma is a big plus. But don't underestimate the craft of mounting an election campaign. Haryana is BJP's reward for mastering it. All-round participation and peaceful polling in J&K too is a win.

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.

‘Nightmare at Chennai Marina’: 4 dead, 96 hospitalised after pandemonium at packed IAF air show

Lakhs of people were stranded at beach in heat as crowd control measures apparently failed. At least 14 lakh people were in attendance though police had expected around 10 lakh.

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?