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Stocks sag as hawkish Fed cools China rally; awaits US jobs data

By Koh Gui Qing NEW YORK (Reuters) -U.S. stocks sank on Thursday and brought to a halt a rally in global stocks, as upbeat American jobs data after the Federal Reserve's firm message that it will not

Dollar hits four-week high on strong employment data

By Karen Brettell NEW YORK (Reuters) - The dollar index hit a four-week high on Thursday after data pointed to a strong jobs market, supporting the prospect that the Federal Reserve could keep up the

Stocks stall as firm Fed message reins in China rally

By Marc Jones and Koh Gui Qing NEW YORK (Reuters) - U.S. stocks sank on Thursday and brought to a halt a global rally in global stocks, as upbeat American jobs data after the Federal Reserve's firm

Gold falls as tight U.S. labour market suggests higher rates

By Seher Dareen (Reuters) - Gold prices pared losses on Thursday after Fed remarks of inflation easing in 2023, after slipping more than 1% on reports of a tighter-than-expected U.S. labour market

Oil rises after U.S. fuel stocks draw down; economic concerns loom

By Stephanie Kelly NEW YORK (Reuters) - Oil prices rose nearly 2% on Thursday after posting the biggest two-day loss for the start of a year in three decades with U.S. data showing lower fuel

Gold slips 1% as tight U.S. labour market suggests higher rates

By Seher Dareen (Reuters) - Gold prices slipped more than 1% on Thursday, retreating from a near seven-month peak hit in the last session, as reports of a tighter-than-expected U.S. labour market

Dollar jumps on strong employment data

By Karen Brettell NEW YORK (Reuters) - The dollar jumped on Thursday after data pointed to a strong jobs market a day before Friday's highly anticipated employment report for December, supporting the

Oil steadies after biggest start of the year drop in decades

By Alex Lawler LONDON (Reuters) -Oil steadied on Thursday in volatile trade after posting the biggest two-day loss for the start of a year in three decades with the shutdown of a U.S. fuel pipeline

Stocks stall as firm Fed reins in China rally

By Marc Jones LONDON (Reuters) - Wall Street was set to tap the brakes on Thursday as upbeat jobs data after a firm message from the Fed that it won't be cutting interest rates any time soon offset

India’s SEBI allows govt stake in IDBI Bank to be reclassified as public post sale

BENGALURU (Reuters) - India's market regulator has allowed the government's shareholding in IDBI Bank to be reclassified as "public" after its stake sale on condition that its voting rights do not

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?