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US dollar drops after Fed’s Powell hints at June pause

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - The dollar fell on Friday after Federal Reserve Chair Jerome Powell struck a moderately dovish stance, contrary to market expectations, saying that

Wall Street gains, Treasury yields rise as debt ceiling talks progress

By Stephen Culp NEW YORK (Reuters) - U.S. stocks turned lower and the Treasury yield curve steepened in volatile trading on Friday as Federal Reserve Chairman Jerome Powell reiterated that inflation

Wall Street turns red, dollar dips as Powell speaks, debt ceiling talks stall

By Stephen Culp NEW YORK (Reuters) - U.S. stocks turned lower and the Treasury yield curve steepened in volatile trading on Friday as Federal Reserve Chairman Jerome Powell reiterated that inflation

Oil edges lower as debt talks pause, Fed warns of high inflation

By Arathy Somasekhar HOUSTON (Reuters) - Oil prices reversed course to trade lower on Friday after reports that the debt ceiling talks between the White House and House Republicans have been paused,

Dollar weakens after gains all week; debt deal hopes boost market sentiment

By Amanda Cooper and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) - The dollar fell on Friday after posting gains for most of the week, as optimism over a breakthrough in U.S. debt ceiling talks

Indian dealers trim discounts as price dip reignites some buying

By Rajendra Jadhav and Kavya Guduru (Reuters) - A pullback in domestic prices for physical gold from record highs lured back some buyers in India this week and prompted dealers to slash discounts to a

Dollar retreats from highs but debt deal optimism fires up investors

By Amanda Cooper LONDON (Reuters) -The dollar hovered close to its highest since March on Friday, as optimism over a breakthrough in U.S. debt ceiling talks and robust economic data reduced the

Stocks lifted to month high by U.S. debt ceiling hopes

By Naomi Rovnick and Ankur Banerjee LONDON/SINGAPORE (Reuters) - Global shares hit a one-month high on Friday as markets reflected increased hopes of a U.S. debt ceiling deal that could avoid a

India market regulator probe into Adani violations drew a blank – panel report

By Jayshree P Upadhyay and Arpan Chaturvedi MUMBAI (Reuters) -India's markets watchdog has "drawn a blank" in investigations into suspected violations by overseas entities allegedly linked to the

Gold gains on dollar pullback but faces weekly loss

By Kavya Guduru (Reuters) - Gold prices advanced on Friday, after falling for three straight sessions tracking a pullback in the dollar, but increased optimism around a U.S. debt limit deal set prices

On Camera

Rajkummar Rao must keep his chin up. Questions will be asked and he’s no victim

Rajkummar Rao now looks pretty much unrecognisable. It doesn’t take much to deduce that eyebrows will be raised, and questions will be asked about his face.

Kotak Mahindra Bank shares drop 10% after RBI bans it from taking new customers via digital channels

The private lender's shares tumbled to be top Nifty 50 loser after India's central bank barred it from taking on new customers through online and mobile banking channels.

Russia-Ukraine war a gold mine for US, British defence firms — sales rocket, stock prices soar

Such has been the growth in the defence sector that companies are spending billions of dollars on buying back their own shares with record number of orders in pipeline and counting.

These 6 states are key for Modi’s ‘400 paar’ target. They’re also where Opposition can stop him

While this contest looks so predictable in large swathes of our political landscape, it is also more keenly contested than 2019 in some states.