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IMF chief expects to keep 2023 global growth forecast steady at about 2.7%

By Andrea Shalal WASHINGTON (Reuters) -The International Monetary Fund is not likely to downgrade its forecast for 2.7% growth in 2023, the head of the global lender said on Thursday, noting that a

Gold set for weekly gain on smaller U.S. rate-hike bets

By Ashitha Shivaprasad (Reuters) - Gold prices ticked higher on Friday and were on track for a fourth consecutive weekly gain, supported by a weaker dollar and expectations of slower interest rate

Yen flying as market challenges BOJ, stocks cheer inflation’s retreat

By Tom Westbrook and Kevin Buckland SINGAPORE/TOKYO (Reuters) - Asian stocks rose on Friday as investors cheered a slowdown in U.S. inflation, while the yen hit a seven-month high and Japanese bond

Dollar wobbles as U.S. inflation fuels hopes of slower Fed rate path

By Ankur Banerjee SINGAPORE (Reuters) - The U.S. dollar swayed on Friday, flirting with seven-month lows after a sharp dive overnight as data showed U.S. inflation was slowing, boosting hopes of the

Oil heads for solid weekly gain on China demand hopes

By Sonali Paul MELBOURNE (Reuters) - Oil prices slipped in early trade on Friday but were on track for gains of more than 6% for the week on solid signs of demand growth in top crude oil importer

Gold climbs 8-month high ahead of U.S. inflation test

(This Jan. 11 story has been refiled to fix typo in analyst's organisation name in paragraph four) By Ashitha Shivaprasad (Reuters) - Gold prices scaled an eight-month peak on Wednesday, underpinned

Stocks rise, dollar stumbles after U.S. inflation data

By Chuck Mikolajczak NEW YORK (Reuters) - A gauge of global stocks climbed on Thursday while longer-dated U.S. Treasury yields and the dollar fell after a reading of consumer prices fed expectations

Oil up more than 1% on U.S. inflation data, demand optimism

By Laila Kearney NEW YORK (Reuters) -Oil prices gained about $1 a barrel on Thursday, supported by figures showing U.S consumer prices unexpectedly fell in December and by optimism over China's demand

Dollar slides to nearly 9-month low vs euro after U.S. inflation data

By John McCrank NEW YORK (Reuters) - The dollar tumbled to a nearly nine-month low against the euro on Thursday after data showed U.S. inflation was easing, prompting bets that the Federal Reserve

Stocks climb, dollar falls after U.S. inflation data

By Chuck Mikolajczak NEW YORK (Reuters) - A gauge of global stocks climbed on Thursday while longer-dated U.S. Treasury yields and the dollar fell after a reading of consumer prices added to

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?