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Monday, September 30, 2024
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Indian shares shed gains as metals offset consumer gains

By Rama Venkat BENGALURU (Reuters) -Indian shares trimmed early gains on Wednesday, as losses in metals countered gains in bank and consumer stocks, and investors awaited U.S. inflation data this week

Oil prices ease on U.S. inventory build, China COVID worries

By Sonali Paul and Isabel Kua SINGAPORE (Reuters) -Oil prices slid on Wednesday as industry data showed U.S. crude stockpiles rose more than expected and on worries a rebound in COVID-19 cases in top

Gold eases off 1-month peak as dollar, yields tick higher

By Ashitha Shivaprasad (Reuters) - Gold retreated on Wednesday from a one-month peak scaled in the previous session, although prices flitted in a relatively tight range as cautious investors

Gold eases off 1-month peak; focus on U.S. inflation data

By Ashitha Shivaprasad (Reuters) -Gold retreated on Wednesday from a one-month peak scaled in the previous session, although prices flitted in a tight range as cautious investors positioned ahead of

Asia stocks advance as investors await U.S. midterm election results

By Ankur Banerjee SINGAPORE (Reuters) - Asian shares rose and the dollar wobbled on Wednesday as investors awaited U.S. inflation data as well as the results of the U.S. midterm elections that could

Dollar wobbles while investors await midterms; cryptos skittish

By Tom Westbrook SINGAPORE (Reuters) - The dollar wavered on Wednesday, as traders awaited results from U.S. midterm elections and inflation data that could disappoint hopes for a slowdown in rate

Oil steadies after 3% drop on demand fears

By Sonali Paul MELBOURNE (Reuters) - Oil prices were mostly unchanged in early trade on Wednesday, after sliding 3% in the previous session on worries about demand stalling on potential new lockdowns

Gold steadies near 1-month peak ahead of U.S. inflation data

(Reuters) - Gold prices were little changed on Wednesday, near a one-month high hit in the previous session, while focus shifts to U.S. inflation data due later this week. FUNDAMENTALS * Spot gold was

Twitter to introduce ‘Official’ label for select verified accounts

(Reuters) - Billionaire Elon Musk's social media firm Twitter will introduce an 'Official' label for select verified accounts including major media outlets and governments, when it launches its new $8

Wall Street ends higher, Treasury yields dip as election day rolls on

By Stephen Culp NEW YORK (Reuters) - U.S. stocks gyrated to a higher close on Tuesday, and Treasury yields edged lower as Americans went to the polls and market participants bided their time waiting

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?