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Oil prices rise on U.S. drawdown, Chinese fears weigh

By Shadia Nasralla LONDON (Reuters) -Oil prices rose on Wednesday after data suggested a larger than expected draw in U.S. crude stockpiles, but gains were capped by growing concerns over demand in

Gold eases in narrow range as traders eye economic data

By Arundhati Sarkar (Reuters) - Gold prices eased in a tight range on Wednesday as the U.S. dollar firmed, although bullion was not far from a one-week high scaled in the previous session as traders

Bond yields tad lower, market eyes RBI policy minutes

By Bhakti Tambe and Dharamraj Dhutia MUMBAI (Reuters) - Indian government bond yields ended marginally lower in thin trading on Wednesday, as market participants await the minutes of the Reserve Bank

Oil prices boosted by U.S. drawdown, but China fears remain

By Shadia Nasralla LONDON (Reuters) -Oil prices rose on Wednesday after data suggested a larger than expected draw in U.S. crude stockpiles, but gains were capped by growing concerns over demand in

Exclusive-India to bolster carbon trading market with stabilisation fund

By Sarita Chaganti Singh and Mohi Narayan NEW DELHI (Reuters) - India is planning a stabilization fund to keep prices of credits in its planned carbon market above a certain threshold, ensuring that

Yen holds on to big gains after BOJ’s surprise policy tweak

By Ankur Banerjee and Harry Robertson SINGAPORE/LONDON (Reuters) - The yen traded flat on Wednesday after surging almost 4% in the previous session, when the Bank of Japan (BOJ) unexpectedly tweaked a

Global shares edge up, but face patchiest yearly performance since 2008

By Amanda Cooper and Tom Westbrook LONDON/SINGAPORE (Reuters) - Global shares edged up on Wednesday after the Bank of Japan rocked the markets by unexpectedly deciding to loosen its tight leash on

Oil prices little changed as U.S. crude drawdown offsets China COVID worries

By Isabel Kua SINGAPORE (Reuters) -Oil prices were little changed on Wednesday as a larger-than-expected draw in U.S. crude stocks offset worries about rising COVID-19 cases in top oil importer China.

Yen holds on to gains as traders digest BOJ surprise policy tweak

By Ankur Banerjee SINGAPORE (Reuters) - The yen eased a bit on Wednesday but held on to most of its overnight gains against the dollar as traders contemplated the shock Tuesday move by the Bank of

Oil prices steady as drawdown in U.S. crude stocks counters China COVID concerns

By Laila Kearney and Isabel Kua SINGAPORE (Reuters) -Oil prices were little changed on Wednesday as a larger-than-expected draw in U.S. crude stocks offset worries about rising COVID-19 cases in top

On Camera

Writings on the Haryana Wall still have Modi first, just the first among equals

BJP's 2024 Haryana campaign is different. Modi's isn’t the lead picture on hoardings and after two terms in power, BJP is relying once again on its mainstay: upper castes & Punjabis.

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?