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Wednesday, October 2, 2024
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Oil prices steady after attack on oil tanker off Oman coast

By Ahmad Ghaddar LONDON (Reuters) -Oil prices steadied on Wednesday, as geopolitical tensions following an attack on an oil tanker off the coast of Oman were offset by concerns over rising COVID-19

Indian shares eke out small gains as fears after Polish blast ebb

By Praveen Paramasivam BENGALURU (Reuters) -India's benchmark Sensex eked out meagre gains to notch a fresh closing high on Wednesday, helped by gains in bank and IT stocks and as nerves eased after

Gold firms on softer dollar, jitters over projectile strike off Oman cost

By Arundhati Sarkar (Reuters) - Gold rose on Wednesday as the dollar eased, while reports of a tanker being hit by a projectile off the coast of Oman also boosted the safe-haven metal's appeal. Spot

Rupee drops in line with Asian FX, corporate dollar demand seen

By Anushka Trivedi MUMBAI (Reuters) - The Indian rupee weakened on Wednesday as sustained corporate demand pushed the U.S. dollar up, while weakness in Asian stocks and currencies spilled over to

India’s Modi and Britain’s Sunak meet at G20, discuss ways to increase trade

(Reuters) - India Prime Minister Narendra Modi and his British counterpart Rishi Sunak met at the Group of 20 (G20) summit in Bali on Wednesday and discussed ways to boost trade between the two

Stocks pare losses, dollar falls after Biden defuses tenions over Poland blast

By Amanda Cooper LONDON (Reuters) - Global stocks pared losses and the dollar fell on Wednesday after U.S. President Joe Biden told G7 and NATO partners that a missile blast in Poland was caused by a

Stocks pare losses, dollar falls after Biden defuses tensions over Poland blast

By Amanda Cooper LONDON (Reuters) - Global stocks pared losses and the dollar fell on Wednesday after U.S. President Joe Biden told G7 and NATO partners that a missile blast in Poland was caused by a

Oil prices up after incident involving vessel off Oman coast

By Ahmad Ghaddar LONDON (Reuters) -Oil prices rose on Wednesday, erasing earlier losses, after an incident involving a commercial vessel off the coast of Oman, but rising COVID-19 cases in China

Dollar gains fizzle out as traders reassess risks from Poland

By Kevin Buckland and Alun John TOKYO/LONDON (Reuters) - The dollar on Wednesday traded just above multi-month lows against most majors as flows that had supported the safe-haven currency slowed after

Gold slips off 3-month peak as investors reassess Poland risks

By Brijesh Patel (Reuters) - Gold prices eased on Wednesday from a three-month peak scaled in the prior session, as U.S. President Joe Biden's remarks seemed to have calmed investors worried about an

On Camera

India should steer clear of an ‘Asian NATO’. Its strategic flexibility is at stake

Japan PM Shigeru Ishiba’s proposal for an Asian NATO stems from his belief that the absence of a collective defence alliance could lead to wars. It’s a step too far for India.

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?