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Dollar flags after biggest daily fall since 2015

By Amanda Cooper LONDON (Reuters) - The dollar fell on Friday, extending losses from the previous day, when it posted its largest one-day drop in seven years after U.S. inflation came in lower than

Gold set for best week in over 2 years on smaller rate hike hopes

By Arundhati Sarkar (Reuters) - Gold prices were headed for their best week in more than two years, as they extended gains on Friday on hopes the Federal Reserve might pivot to a less hawkish policy

Fed hopes buoy shares, China COVID easing boosts oil

By Huw Jones LONDON (Reuters) - A relief rally in global shares entered a second day on Friday and the dollar dipped as investors bet that peaking U.S. inflation will prompt the Federal Reserve to

Oil jumps by over 2% as China eases COVID curbs

By Jeslyn Lerh SINGAPORE (Reuters) -Oil prices jumped more than 2% on Friday after health authorities in China, the top global crude importer, eased some of the country's heavy COVID curbs. Brent

Indian govt debt preferable to corp bonds given narrow spread – IDFC AMC’s Kaul

(Correct syntax in second-last paragraph) By Dharamraj Dhutia MUMBAI (Reuters) - The supply of Indian corporate bonds could rise going ahead, but their narrow spread with government bond yields

Stocks in Asia soar as cooling inflation feeds hopes Fed will ease up

By Ankur Banerjee SINGAPORE (Reuters) - Asian shares scaled a seven-week high on Friday, while the dollar wobbled after cooler-than-expected U.S. inflation data sparked hopes that the Federal Reserve

Gold eyes best week in more than two years on hopes of less aggressive Fed

By Ashitha Shivaprasad (Reuters) - Gold prices edged higher on Friday en route to their biggest weekly gain in more than two years as U.S. data pointing to slowing inflation boosted hopes that the

Oil jumps by about 2% as China eases COVID curbs

By Jeslyn Lerh SINGAPORE (Reuters) -Oil prices jumped by about 2% on Friday after health authorities in top global crude importer China eased some of the country's heavy COVID curbs. Brent crude

Dollar loses shine, yuan jumps after China modifies COVID protocol

By Rae Wee SINGAPORE (Reuters) - The dollar languished on Friday after a sharp sell-off overnight when U.S. inflation data came in cooler than expected, raising market hopes of a peak in consumer

Oil steadies on US inflation data, but set for weekly fall due to China COVID fears

By Sonali Paul and Jeslyn Lerh SINGAPORE (Reuters) -Oil prices picked up on Friday after a milder than expected U.S. inflation data reinforced hopes that the Federal Reserve will slow down rate hikes,

On Camera

After a brief surge, private investment & hiring has again turned cautious. Focus is on cutting debt

Financial year 2022-23 saw private investments & hiring surge, but since then firms are using cash to reduce debt. General elections didn’t help matters, either.

Indian envoy in Oman dons Army combat print for photo ops, sparks controversy

Ambassador Amit Narang wore combat uniform at closing ceremony of India-Oman joint military exercise. Only serving personnel can wear service uniforms, say veterans.

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?