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World stocks soar, investors pare rate bets after US jobs data

By Koh Gui Qing NEW YORK (Reuters) -Wall Street sparked a global rally in stocks on Friday after a crucial U.S. jobs report showed wage growth slowed in December, fuelling investor bets that inflation

Gold jumps to highest since June on suggestions of less-hawkish Fed path

By Seher Dareen (Reuters) - Gold prices shot up over 1% on Friday to seven-month highs as Treasury yields and the dollar fell after U.S. economic data cemented expectations of a less-hawkish Fed,

Oil up on weak dollar, but starts first week of 2023 lower

By Scott DiSavino NEW YORK (Reuters) -Oil prices gained over 1% on Friday as the dollar slid on a stronger-than-expected U.S. jobs report, but both crude benchmarks were set to end the first week of

Global stocks soar after U.S. jobs data pare rate bets

By Koh Gui Qing NEW YORK (Reuters) -World stocks rallied on Friday, led by Wall Street, as investors cheered a crucial U.S. jobs report that showed wage growth slowed in December, fuelling bets that

Gold jumps as U.S. economic data suggests less-hawkish Fed path

By Seher Dareen (Reuters) - Gold prices shot up over 1% on Friday as Treasury yields and the dollar fell after U.S. economic data cemented expectations of a less-hawkish Fed, setting the metal on

Dollar tumbles after U.S. jobs report, service sector contraction

By Karen Brettell NEW YORK (Reuters) - The dollar fell on Friday after U.S. jobs data showed a strong, but not blockbuster employment picture in December, while a separate report showed that U.S.

Oil jumps on weaker U.S. dollar, jobs report

By Rowena Edwards LONDON (Reuters) -Oil prices rose by over $1 on Friday, boosted by a weaker dollar that dipped on a U.S. jobs report. Brent crude futures rose $1.13, or 1.44%, to $79.82 a barrel by

Adani eyes stake in state-backed power trader PTC India – Bloomberg News

BENGALURU (Reuters) -A stake for sale in state-backed electricity trader PTC India Ltd is attracting initial interest from potential suitors including Asia's richest man Gautam Adani, Bloomberg News

Dollar dips after U.S. jobs report, wage growth eases

By Karen Brettell NEW YORK (Reuters) - The dollar erased earlier gains after U.S. jobs data showed employers added 223,000 jobs in December, more than economists’ forecasts, while wage growth in the

Gold jumps as U.S. jobs data suggests less-hawkish Fed path

By Seher Dareen (Reuters) - Gold prices shot up 1% on Friday as Treasury yields fell after non-farm U.S. payrolls data cemented expectations of a less-hawkish Fed, setting the metal on track for its

On Camera

Why Modi-Shah have failed to develop mass leaders in states the way Vajpayee-Advani did

BJP had leaders like Modi, Chouhan, Raje, Raman Singh, BSY, and Dhumal who kept the party’s flame burning. Those promoted by Modi-Shah in the last 10 years fail to inspire confidence.

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?