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Gold rangebound as traders await Fed meet for rate-hike clarity

By Ashitha Shivaprasad (Reuters) - Gold traded in a tight range on Wednesday as investors awaited the U.S. Federal Reserve's meeting next week to assess the central bank's monetary policy stance. Spot

India’s Macrotech Developers plans $450 million share sale -sources

By M. Sriram MUMBAI (Reuters) -Indian real estate company Macrotech Developers Ltd, part of the Lodha group, plans to raise $450 million via a qualified institutional placement that will see its

Stocks sputter as growth fears deepen despite China COVID shift

By Tom Westbrook SINGAPORE (Reuters) - Asia's stock markets slipped on Wednesday as reality bit on hopes for a soft economic landing in the United States, curbing investors' enthusiasm about China's

Dollar in demand as growth outlook darkens, yuan up as China eases curbs

By Rae Wee SINGAPORE (Reuters) - The dollar crept higher on Wednesday as some of the biggest U.S. banks warned of an impending recession, which dampened appetite for riskier assets and kept the

Stocks rally sputters as growth fears deepen

By Tom Westbrook SINGAPORE (Reuters) - Asia's stockmarkets wobbled lower on Wednesday as reality bit on hopes for a soft economic landing in the United States, and investors curbed further enthusiasm

Gold holds in tight range as traders seek confirmation on rate hikes

By Ashitha Shivaprasad (Reuters) - Gold prices hemmed in a tight range on Wednesday as investors looked to gauge the pace of rate hikes by the U.S. Federal Reserve. Spot gold was little changed at

Oil edges up on China demand hopes; Russian uncertainty weighs

By Laura Sanicola and Trixie Sher Li Yap SINGAPORE (Reuters) - Oil futures edged slightly higher on Wednesday on hopes for improved Chinese demand while uncertainty about how a Western cap on Russian

India cenbank hikes key policy rate by 35 basis points

BENGALURU (Reuters) - The Reserve Bank of India's key repo rate was raised by 35 basis points (bps) on Wednesday as widely expected, the fifth straight increase as inflation remains elevated and the

Gold trades in tight range as investors await more Fed cues

By Ashitha Shivaprasad (Reuters) - Gold prices ticked up on Wednesday as the dollar weakened slightly, but they flitted in a relatively narrow range as investors looked to gauge the pace of rate hikes

Dollar edges up as darkening growth outlook hurts sentiment

By Rae Wee SINGAPORE (Reuters) - The dollar crept higher on Wednesday as top executives from the biggest U.S. banks warned of an impending recession, which dampened risk appetite and kept the

On Camera

DMK ‘rising son’ Udhayanidhi Stalin should brace for challenges. Power isn’t a birthright

In the Indian political setup, the BJP and the communist parties are probably the only ones who have been able to circumvent the hereditary leadership tag.

#ByeByeAP to #LuluBackInAP: Naidu’s moves to make Andhra ‘business friendly’ & woo back investors

The Jagan Reddy govt has been accused of scuppering various investment deals. Under Naidu, the govt, is trying to make AP a top investment destination, officials and industrialists say.

‘No drone bombs or infiltration’, Army Chief says ‘battle of narratives’ must be controlled in Manipur

Chief of Army Staff General Upendra Dwivedi says the Manipur conflict was triggered by a rumour and that the situation may be ‘stable today, but it is tense’.

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?