scorecardresearch
Saturday, October 5, 2024
HomeBusiness

Business

Gold drops 1% after U.S. data lifts dollar, prolonged Fed hike hopes

By Seher Dareen (Reuters) - Gold turned negative after U.S. economic data showed the country's economy rebounded faster than previously estimated, boosting the dollar and potentially setting the

Global stock rally fades as recession worries linger

By Naomi Rovnick and Wayne Cole LONDON/SYDNEY (Reuters) -A short-lived bounce for global stocks faded on Thursday, as easing U.S. inflation expectations were overshadowed by fears about an economic

Benchmark yield at 1-mth high as RBI worry over inflation hurts sentiment

By Bhakti Tambe and Dharamraj Dhutia MUMBAI (Reuters) - Indian government bond yields ended higher on Thursday, with benchmark bond yield at a one-month high, as traders assessed the impact of the

Stocks gain, dollar softens as peak inflation bets rise

By Naomi Rovnick and Wayne Cole LONDON/SYDNEY (Reuters) - The dollar softened against major currencies and European stocks ticked higher on Thursday as easing U.S. inflation expectations reinforced

Gold rangebound with U.S. economic data in focus

By Arundhati Sarkar (Reuters) - Gold prices consolidated in a narrow range on Thursday as cautious investors awaited U.S. economic data releases due later in the day that may influence the Federal

Rupee rises on dollar index weakness; volatility remains muted

By Nimesh Vora MUMBAI (Reuters) - The Indian rupee advanced against the U.S. currency on Thursday, tracking a fall in the dollar index ahead of U.S. data. The rupee last traded at 82.7625 per U.S.

Gold little changed as traders await economic data

By Ashitha Shivaprasad (Reuters) - Gold prices were little changed on Thursday in holiday-thinned trading, as market participants awaited economic data for further direction. Spot gold was steady at

How 2022 shocked, rocked and rolled global markets

By Marc Jones LONDON (Reuters) - Trillions of dollars wiped off world stocks, bond market tantrums, whip-sawing currency and commodities and the collapse of a few crypto empires - 2022 has been

Yen rises, underpinned by BOJ policy tweak; dollar retreats

By Rae Wee SINGAPORE (Reuters) - The yen firmed on Thursday, returning towards a four-month peak against the dollar hit earlier in the week after the Bank of Japan's surprise tweak to its bond yield

Gold firms as traders await economic data

By Ashitha Shivaprasad (Reuters) - Gold edged up on Thursday, helped by a softer dollar in holiday-thinned trading, while market participants awaited economic data for further direction. Spot gold

On Camera

Support reducing for Kolkata doctors. Mamata is not the only one who has to course correct

West Bengal is ready to welcome its daughter home for Durga Puja, but the family is unable to keep the deep-rooted discord within from spilling out. At its head is Mamata Banerjee.

How Modi govt’s Atmanirbhar policy could have hobbled BSNL’s efforts to catch up in 4G race

Restrictions on use of equipment from global vendors have necessitated new indigenous technology being developed, tested & deployed—further delaying BSNL's 4G & 5G launch.

IAF chief AP Singh red-flags Tejas delay, says China ahead in technology & production capacity

Air force chief says HAL needs to churn out 24 aircraft per year. It is important for IAF to have indigenous weapons systems to deal with any security challenges, he says.

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?