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Monday, October 7, 2024
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Asia shares skid on China woes, yen hits 6-month high

By Wayne Cole SYDNEY (Reuters) - Asian share markets slipped on Tuesday amid concerns the rapid spread of coronavirus infections in China would further hurt economic growth and hinder global supply

Dollar steady as investors await economic data, Fed minutes

SINGAPORE (Reuters) - The U.S. dollar was mostly flat on Tuesday as investors awaited slew of economic data this week along with minutes of the last Federal Reserve meeting that will shed light on the

Oil slides after IMF says slowing global growth engines portend tougher 2023

IMF Managing Director Kristalina Georgieva said Sunday that US, Europe and China are all slowing down simultaneously, making 2023 tougher than 2022 for the global economy.

Stocks edge higher as darker forecasts loom

By Nell Mackenzie (Reuters) -World stocks inched higher, European bond yields dropped and the dollar held firm in light trading on Monday following warnings from the International Monetary Fund's

Dollar creeps up in subdued start to new year

By Dhara Ranasinghe LONDON (Reuters) -The dollar edged up on Monday, pulling away from recent six-month lows against a basket of major currencies. The U.S. currency has weakened as markets bet a

Stocks buoyant while darker forecasts gather on the horizon

By Nell Mackenzie (Reuters) - Stock markets edged higher, European bond yields dropped and the dollar remained firm in light trading on Monday amid warnings from the International Monetary Fund's

Dollar edges up at start of new year but sentiment frail

By Dhara Ranasinghe LONDON (Reuters) - The dollar edged up on Monday, pulling away from recent six-month lows against a basket of major currencies, for now. It has weakened recently as markets bet a

Edelweiss Financial Services to raise funds via public issue

MUMBAI (Reuters) - Edelweiss Financial Services plans to raise at least 2 billion rupees ($24.19 million) through the public issue of non-convertible debentures, according to a term sheet. The

Rupee to open flat; volatility tipped to rise later in Jan

By Nimesh Vora MUMBAI (Reuters) - The Indian rupee is tipped to open little changed against the U.S. dollar on Monday, with traders assessing the outlook for the local currency after a difficult year.

Global economy faces tougher year in 2023, IMF’s Georgieva warns

(Reuters) -For much of the global economy, 2023 is going to be a tough year as the main engines of global growth - the United States, Europe and China - all experience weakening activity, the head of

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?