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Chip stocks hammered in Asia, dollar firms on hawkish Fed

By Kevin Buckland TOKYO (Reuters) - Chip stocks took a beating on Thursday, sending most Asian share indexes lower, after grim signals from Micron Technology overnight about excess inventories and

Gold retreats as dollar gains, geopolitical risks ease

By Brijesh Patel (Reuters) - Gold prices slipped 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

Dollar gains as U.S. spending points to rate hikes; Aussie tumbles

By Tom Westbrook and Kevin Buckland SINGAPORE (Reuters) - The dollar rebounded on Thursday as strong U.S. retail data cast doubt on the recent narrative that inflation is in retreat and U.S. interest

Oil falls on easing geopolitical tensions, China demand worries

By Emily Chow and Jeslyn Lerh SINGAPORE (Reuters) -Oil prices extended declines on Thursday as concerns over geopolitical tensions eased, while rising numbers of COVID-19 cases in China added to

Blackstone to buy majority stake in Indian IT firm R Systems for $359 million

(Reuters) -U.S. investment fund Blackstone Inc said on Thursday it would buy a 52% stake in India's R Systems International from the IT services company's promoters for $359 million. Blackstone said

Chip stocks hammered in Asia, dollar firms on Fed outlook

By Kevin Buckland TOKYO (Reuters) - Chip stocks took a beating on Thursday, sending most Asian share indexes lower, following grim signals from Micron Technology overnight about excess inventories and

Blackstone to take majority stake in India’s R Systems

(Reuters) - Blackstone Inc said on Thursday it will buy a 52% stake in Indian technology and analytics services company R Systems International Ltd for $359 million. Blackstone will launch a

Gold dips as dollar gains, geopolitical tensions ease

By Brijesh Patel (Reuters) - Gold prices slipped 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

Dollar steadies as U.S. spending points to rate hikes

By Tom Westbrook SINGAPORE (Reuters) - The dollar caught its footing on Thursday as strong U.S. retail data cast doubt on market bets that inflation is in retreat and U.S. interest rates need not rise

Global stocks slip, dollar steady as retail sales tip Fed outlook

By Herbert Lash and Amanda Cooper NEW YORK/LONDON (Reuters) -Global stocks slid from two-month highs and the safe-haven dollar steadied on Wednesday after stronger-than-expected U.S. retail sales

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.

Compete, coexist, confront & contest: Army chief General Dwivedi says on dealing with China

Referring to current situation, General Upendra Dwivedi says it is stable but not normal; instead, sensitive. He adds the diplomatic side can only come up with certain options.

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?