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Gold dips as Fed officials suggest higher-for-longer US rates

By Seher Dareen (Reuters) - Gold prices inched lower as hawkish comments from a couple of U.S. Federal Reserve officials on Monday weighed on non-yielding bullion and markets looked for more clarity

Oil futures steady as US default risk offsets supply decline

By Scott DiSavino NEW YORK (Reuters) - Oil prices traded either side of unchanged on Monday as the market waited for news on the U.S. debt ceiling talks and as a stronger dollar offset support from

Gold dips as Fed officials suggest higher-for-longer U.S. rates

By Seher Dareen (Reuters) - Gold prices inched lower as hawkish comments from a couple of U.S. Federal Reserve officials on Monday weighed on non-yielding bullion's allure and markets looked for more

Dollar gains against yen as Fed policy, debt ceiling in focus

By Karen Brettell NEW YORK (Reuters) - The dollar rose against the Japanese yen on Monday, holding just below a six-month high, as investors waited on fresh signals on whether the U.S. Federal Reserve

Concern over US default risk grips global markets as talks resume

By Chris Prentice and Nell Mackenzie NEW YORK/LONDON (Reuters) -Unease over how U.S. debt ceiling negotiations will pan out gripped global markets on Monday, with equities mixed and U.S. treasury

Oil steady as US default risk offsets demand outlook

By Noah Browning LONDON (Reuters) -Oil prices were steady on Monday as caution relating to U.S. debt ceiling talks dragged on optimism over demand later in the year and offset support from lower

India’s Shree Cement reports 15% fall in Q4 profit on rise in input costs

BENGALURU (Reuters) - Shree Cement Ltd, India's second-biggest cement company by market capitalisation, reported a 15.3% fall in fourth-quarter profit on Monday as higher input costs outpaced growth

Gold eases on hawkish Fed, traders look for direction from US debt talks

By Arundhati Sarkar (Reuters) - Gold prices inched lower on hawkish comments from a couple of U.S. Federal Reserve officials on Monday, but moves were fairly consolidated as markets looked for more

India’s wheat procurement set to fall below estimate by 20%

By Mayank Bhardwaj and Rajendra Jadhav NEW DELHI/MUMBAI (Reuters) - India's wheat procurement in 2023 could fall by a fifth from the initial estimate as government purchases have slowed down in the

Stocks trade cautiously ahead of US debt talks

By Nell Mackenzie, Stella Qiu and Rae Wee LONDON (Reuters) -World shares were in a cautious mood on Monday and Wall Street futures lay flat as stalled U.S. debt ceiling negotiations approached crunch

On Camera

What’s geopolitical recession? World seems to be heading for one

The long-term rise of China and the 'Global South', combined with a decline of European and Japanese economic power is driving a fundamental shift.

With defence push, India looks to capture markets in Africa beyond western Indian Ocean

India’s defence sector is trying to penetrate the African market. But with China already extending significant influence, India must now play catch-up.      

Abki baar 90 paar for Congress? Why even 30 more seats will ruffle BJP

Discussion about outcome of Lok Sabha polls continues to boil in cauldron of expectations only from BJP. Now reverse this equation, what if we asked about the performance of the 'loser'?