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Dollar bounces as U.S. economy sends mixed signals; sterling drops

By Harry Robertson LONDON (Reuters) - The dollar rose on Thursday as investors digested mixed U.S. economic data, while the British pound fell as the UK government unveiled its latest budget update.

Oil falls on easing geopolitical tensions and China demand outlook

By Alex Lawler LONDON (Reuters) -Oil extended declines on Thursday as geopolitical tensions eased slightly and rising numbers of COVID-19 cases in China added to worries over demand in the world's

Britain to proceed with 2023 revaluation of business properties -Hunt

LONDON (Reuters) - Britain will proceed with a revaluation of business properties from April 2023 to calculate new levels of property tax, but provide temporary support to limit the impact of surging

Dollar bounces as U.S. economy sends mixed signals; sterling slips

By Harry Robertson and Tom Westbrook LONDON/SINGAPORE (Reuters) - The dollar rose on Thursday as investors digested mixed U.S. economic data, while the British pound changed direction and slipped

Shares and pound splutter as UK dishes out budget gruel

By Marc Jones LONDON (Reuters) - Nagging recession and interest rate worries had Europe's markets spluttering on Thursday, and the pound started to sag as Britain sought to put its disastrous recent

Shares and pound splutter ahead of UK budget

By Marc Jones LONDON (Reuters) - Nagging recession and interest rate worries had Europe's markets spluttering on Thursday, and the pound started to sag as Britain looked to put last month's disastrous

Rupee slips, premiums plunge to 11-year lows

By Nimesh Vora MUMBAI (Reuters) - The Indian rupee declined against the dollar on Thursday, spurred by the fall in Asian peers, while forward premiums extended their recent slide. The rupee last

Dollar treads water as U.S. economy sends mixed signals, sterling rises

By Harry Robertson and Tom Westbrook SINGAPORE (Reuters) - The dollar was little changed on Thursday as investors digested mixed U.S. economic data, while the British pound rose ahead of the

Gold retreats as dollar steadies, focus stays on Fed hikes

By Arundhati Sarkar (Reuters) - Gold prices fell on Thursday as the dollar steadied while investors gauged economic cues from the United States for the pace of future interest rate hikes. Spot gold

Gold slips as dollar gains, geopolitical risks ebb

By Brijesh Patel (Reuters) - Gold prices fell on Thursday, weighed down by a strong dollar after better-than-expected U.S. retail sales data clouded hopes of a smaller rate hike, while safe-haven

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.


You can’t ‘wish away’ China, India must balance economic & security considerations, says Sanjeev Sanyal

Sanyal, an economist & member of the Economic Advisory Council to PM, also suggests that if India is to import parts from China, why not allow Chinese companies to manufacture in India.

‘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?