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Dollar catches footing ahead of U.S. midterms

By Tom Westbrook SINGAPORE (Reuters) - The dollar steadied during Asia trade on Tuesday after some of the momentum ebbed out of bets on China's reopening, and as traders looked ahead to U.S. midterm

Oil prices fall as China demand, recession concerns outweigh supply woes

By Isabel Kua SINGAPORE (Reuters) -Oil prices fell on Tuesday as recession concerns and worsening COVID-19 outbreaks in China sparked fears of lower fuel demand, outweighing supply worries. Brent

Asian stocks rise on China reopening hopes, track Wall Street

By Kane Wu HONG KONG (Reuters) - Asian shares rose on Tuesday as U.S. stocks increased overnight before midterm elections and investors clung on to hopes that China would eventually relax its strict

Gold stalls as investors brace for U.S. inflation data

By Ashitha Shivaprasad (Reuters) -Gold prices were listless on Tuesday, with cautious investors on the sidelines as they awaited key U.S. inflation figures due this week that could influence the

Oil prices steady as supply woes offset recession fears

By Isabel Kua SINGAPORE (Reuters) - Oil prices were little changed early on Tuesday as supply worries offset recession fears and China's commitment to its zero-COVID policy. Brent crude rose 7 cents,

China reopening hopes keep dollar on guard

By Tom Westbrook SINGAPORE (Reuters) - The dollar was kept on the back foot on Tuesday by strength in the Chinese yuan and other currencies sensitive to China's growth, as markets clung to hopes that

Gold flat as investors seek direction from U.S. inflation data

(Reuters) - Gold prices were listless on Tuesday as investors held to the sidelines ahead of key U.S. inflation figures, which are likely to influence the Federal Reserve's rate-hike narrative.

Global hedge funds advance in October amid stocks rally

NEW YORK (Reuters) - Global hedge funds posted a 2% gain in October, helped by a rally in stock markets and a combination of higher inflation and interest rates, data provider HFR said in a statement

Stocks rally, dollar slips as sentiment favors risk assets

By Herbert Lash and Amanda Cooper NEW YORK/LONDON (Reuters) - Equity markets rose and the dollar slid on Monday as investors embraced the idea that China may ease COVID restrictions and burnished

Marketmind: Attention intervention

By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever. Figures from Beijing on Monday showed that China's FX reserves unexpectedly rose in October, but there are

On Camera

Tirupati scandal isn’t political or communal. It’s about temple economics

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.

Morocco signs pact with Tata for joint manufacture of WhAP Infantry Fighting Vehicle

The armoured platform is India's first amphibious infantry combat wheeled vehicle. Last year, the Royal Moroccan Armed Forces had procured 90 military trucks from the Tata Group.

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?