scorecardresearch
Tuesday, October 1, 2024
HomeBusiness

Business

Dollar wobbles ahead of inflation data; cryptos crumble

By Rae Wee SINGAPORE (Reuters) - The dollar lost some of its overnight gains ahead of U.S. inflation data due later on Thursday, while cryptocurrencies stayed under pressure as crypto exchange Binance

Gold ticks higher as dollar slips ahead of U.S. inflation data

By Ashitha Shivaprasad (Reuters) - Gold edged higher on Thursday supported by a dip in the dollar, but moved in a relatively narrow range on caution ahead of U.S. inflation data that could influence

Oil steadies as traders await direction from U.S. inflation data

By Sonali Paul and Muyu Xu MELBOURNE (Reuters) -Oil prices steadied on Thursday after falling for three days as the impact of renewed COVID curbs in China, the world's biggest crude importer, weighed

Oil falls for a fourth day as China COVID concerns grow

By Sonali Paul MELBOURNE (Reuters) - Oil prices fell for a fourth day on Thursday on concerns that new COVID curbs in China, the world's biggest crude importer, will impact fuel demand. Brent crude

Asian shares fall ahead of U.S. CPI, crypto worries mount

By Stella Qiu SYDNEY (Reuters) - Asian share markets were tense on Thursday and the dollar held on to its overnight gains before the big test of a U.S. consumer inflation report, while market

Dollar advances ahead of inflation data; cryptos crumble

By Rae Wee SINGAPORE (Reuters) - The dollar regained its footing on Thursday ahead of key U.S. inflation data due later in the day, while cryptocurrencies were fragile after a bailout deal for

Gold traders in wait-and-watch mode ahead of U.S. inflation data

(Reuters) - Gold prices were steady on Thursday as cautious investors held to the sidelines and awaited key U.S. inflation report to gauge the size of the Federal Reserve's future interest rate hikes.

SingTel flags macro-economic headwinds into 2023 despite upbeat H1 growth

(Reuters) -Singapore Telecommunications (SingTel) on Thursday said the company may have to bare the brunt of further macro-economic challenges that are expected to persist into fiscal 2023 despite

SingTel first-half profit jumps 23% on Airtel turnaround, stake sale

(Reuters) -Singapore Telecommunications (SingTel) on Thursday posted a 23% jump in first-half net profit due to a strong turnaround in partly-owned Bharti Airtel and an exceptional gain from the

Singapore Telecommunications posts 23% growth in first-half net profit

(Reuters) - Singapore Telecommunications on Thursday posted a 23% jump in first-half net profit due to a strong turnaround in partly-owned Bharti Airtel and an exceptional gain from the partial

On Camera

Tirupati controversy shows temples can’t run as public sector units. They must be privatised

A private temple could make crores by selling better laddus and investing in goshalas and captive production units to control quality.

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?