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Oil dives 3%, trade choppy on worries about China, global economy

By Arathy Somasekhar HOUSTON (Reuters) - Oil prices tumbled 3% in volatile trade on Tuesday, pressured by weak demand data from China, a gloomy economic outlook and a stronger U.S. dollar. Brent

Oil dives 3.5%, trade choppy on worries about China, global economy

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices tumbled 3.5% in volatile trade on Tuesday, pressured by weak demand data from China, a gloomy economic outlook and a stronger U.S. dollar. Brent

Dollar posts big gains, U.S. stocks buck global rally

By Amanda Cooper and Koh Gui Qing LONDON/NEW YORK (Reuters) -The dollar headed for its largest one-day rise in over three months on Tuesday, while U.S. stocks bucked a global equities rally in a

Gold rises to near six-month highs as investors await Fed minutes

By Seher Dareen (Reuters) - Gold prices kicked off 2023 by hitting their highest levels in more than six months on Tuesday as benchmark Treasury yields fell while investors focused on the prospect for

India, ADB sign $1.2 billion loan agreements for infrastructure projects

NEW DELHI (Reuters) - The Indian government and the Asian Development Bank (ADB) on Tuesday signed loan agreements totalling $1.22 billion for developing infrastructure in various Indian states, a

Dollar set for biggest one-day gain in three months, equities rally

By Amanda Cooper LONDON (Reuters) -The dollar headed for its largest one-day rise in over three months on Tuesday, while equities rallied in a macro-packed week that could offer a steer on when, and

Dollar jumps to two-week high, euro slides as German inflation eases

By Samuel Indyk LONDON (Reuters) - The euro was on track for its biggest one-day drop since September as German inflation eased in December, while the dollar rose to a two-week high with focus turning

Gold touches six-month high in positive start to 2023

By Arundhati Sarkar (Reuters) - Gold prices made a positive start to the new year, with prices touching a more than six-month peak on Tuesday as investors positioned for the Federal Reserve's latest

Oil falls as outlook for China, global economy weigh

By Rowena Edwards LONDON (Reuters) -Oil prices edged lower on Tuesday in volatile trade as weak demand data from China and a gloomy economic outlook weighed. Brent crude futures fell 46 cents, or

Gold rallies to 6-month high in buoyant start to 2023

By Arundhati Sarkar (Reuters) - Gold started the new year on a solid note after ending a volatile 2022 largely unchanged, with prices rallying to a more than six-month peak on Tuesday as investors

On Camera

Make it a Fundamental Right of every religionist to propagate, convert: TT Krishnamachari

On 6 December 1948, TT Krishnamachari spoke in the Constituent Assembly during a debate on Article 19, supporting it as it is, including how it's framed in the matter of religion.

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.

Iran’s Shahab-3, India’s Agni-1 to US’s Minuteman III—ballistic missile arsenals, who has what

Iran used Shahab-3, along with Fattah-1 hypersonic missiles, to attack Israel after the killing of Hezbollah leader Hasan Nasrallah in air strikes on Lebanon's Beirut.

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?