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Oil up 3% on OPEC+ output plans and price cap on Russian crude

By Noah Browning LONDON (Reuters) -Oil prices rose 3% on Monday after OPEC+ nations held their output targets steady ahead of a European Union ban and the start of a G7 price cap on Russian crude. At

Oyo lays off 600 employees from corporate & tech dept as part of ‘wide ranging’ reorganisation

Softbank-backed Indian hotel aggregator Oyo Hotels and Homes Pvt Ltd said on Saturday it is cutting 600 jobs in its corporate and technology departments. India's...

Gold gains on dollar dip; Fed policy cues in focus

By Ashitha Shivaprasad (Reuters) - Gold prices rose on Tuesday, supported by a softer dollar, while market participants awaited more clarity on the U.S. Federal Reserve's rate-hike stance. Spot gold

Oil jumps on hopes for easing in China’s COVID controls

By Yuka Obayashi and Muyu Xu TOKYO/SINGAPORE (Reuters) -Oil jumped on Tuesday, buoyed by hopes that China would relax its COVID-19 controls after rare protests against the country's zero-COVID

Cryptoverse: Messi takes on Ronaldo in fan coin world cup

By Medha Singh and Lisa Pauline Mattackal (Reuters) - The market for fan tokens, a volatile cocktail of crypto and sport, is heating up in the desert of Qatar. Interest in this niche breed of

Global shipping growth at risk from economic gloom, UNCTAD says

By Jonathan Saul LONDON (Reuters) - The pace of global shipping activity is set to lose steam next year as economic turmoil, conflict in Ukraine and the impact of the pandemic weaken the outlook for

Marketmind: Nearing the top?

A look at the day ahead in European and global markets from Anshuman Daga Support for weary Chinese property developers boosted Chinese and Asian stocks on Tuesday but inflation clearly tops the

S&P Global lowers 2023 growth forecast for emerging markets

(Reuters) - S&P Global Ratings lowered its 2023 growth forecast for emerging economies on Tuesday, citing persistent pressures from the Russia-Ukraine conflict, a lingering COVID-19 pandemic and tight

Asia shares, oil prices rally as China speculation swirls

By Wayne Cole SYDNEY (Reuters) - Asian shares rallied on Tuesday as Beijing's latest move to support developers boosted the property sector and rumours swirled that recent public unrest might prompt

Gold gains on dollar dip; Fed policy cues remain key

By Ashitha Shivaprasad (Reuters) - Gold prices rose on Tuesday, helped by a softer dollar, while market participants awaited more clarity on the U.S. Federal Reserve's rate hike stance. Spot gold was

On Camera

Gaza, Ukraine being fought on techno-battlefields. Indian military is 3 decades behind

My assessment is that the Indian armed forces are adopting emerging technologies for incremental change and not transformation—which is the need of the hour.

Even as SEBI lays down new curbs on F&O market, discount brokerages are changing business models

SEBI Tuesday unveiled rules to curtail retail participation in derivatives market. Options premia to be collected upfront from options buyer effective 1 Feb 2025.

‘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?