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Wednesday, October 2, 2024
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Dollar rises as China COVID worries spur safe-haven buying

By Ankur Banerjee and Harry Robertson SINGAPORE/LONDON (Reuters) - The U.S. dollar was firmly higher against major currencies on Monday, as rising COVID-19 cases in China led to new restrictions there

Oil prices ease to trade near 2-month lows on China demand fears, dollar strength

By Emily Chow SINGAPORE (Reuters) -Oil prices dropped to trade near two-month lows on Monday, having earlier slid by around $1 a barrel, as supply fears receded while concerns over fuel demand from

Gold dips as dollar firms; focus on Fed cues

By Arpan Varghese (Reuters) - Gold crept lower on Monday, after marking its worst week in five, pressured by a pop in the dollar while traders awaited further cues on central banks' interest rates

Dollar gains as China COVID worries spur safe-haven buying

By Ankur Banerjee SINGAPORE (Reuters) - The U.S. dollar was firmly higher against major currencies on Monday, while China's yuan slipped as sentiment was soured by rising COVID cases and tightening

Oil prices fall around $1 to near 2-month lows as supply concerns ease

By Florence Tan and Emily Chow SINGAPORE (Reuters) -Oil prices dropped to near two-month lows on Monday, sliding around $1 a barrel, as supply fears receded while concerns over fuel demand from China

Asia shares, oil prices skid on China COVID outbreaks

By Wayne Cole SYDNEY (Reuters) - Asian share markets and oil prices slipped on Monday as investors fretted about the economic fallout from fresh COVID-19 restrictions in China, with resulting risk

Gold ticks lower as dollar firms; focus on Fed cues

By Arpan Varghese (Reuters) - Gold crept lower on Monday, after marking its worst week in five, pressured by a pop in the dollar while traders awaited further cues on central banks' interest rates

Asia shares, oil prices slide on China COVID outbreaks

By Wayne Cole SYDNEY (Reuters) - Asian share markets and oil prices slipped on Monday as investors fretted about the economic fallout from fresh COVID-19 restrictions in China, with resulting risk

Dollar edges higher as China COVID worries spur defensive buying

SINGAPORE (Reuters) - The U.S. dollar started the week on the front foot, boosted by defensive buying as investors remained on edge following a spike in COVID-19 cases in some cities in China that

Asia share markets fret on China COVID outbreaks, Fed outlook

By Wayne Cole SYDNEY (Reuters) - Asian share markets turned hesitant on Monday as investors fretted about the economic fallout from fresh COVID-19 restrictions in China, while bonds and the dollar

On Camera

Indian industry in Bangladesh is staring at a void. New Delhi must give line of credit to Dhaka

For New Delhi, SAFTA and CEPA will be critical. Such frameworks could institutionalise economic ties with Bangladesh, making them resilient to political disruptions.


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?