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China’s slowing inflation sends dollar higher, UK rate in focus

By Kevin Buckland and Joice Alves TOKYO/LONDON (Reuters) - The dollar rose on Thursday as the Chinese yuan dipped to a two-month low after more evidence of weakness in China's post-COVID recovery

India’s Go First will need to raise funds, resolution professional tells staff – source

NEW DELHI (Reuters) - Go Airlines (India) will need to raise funds to revive the bankrupt company amid plans to keep it as a going concern, the recently appointed resolution professional informed

India’s SpiceJet says no plans to file for insolvency

BENGALURU (Reuters) - Indian low-cost carrier SpiceJet Ltd said on Thursday it had no plans to file for insolvency. (Reporting by Nandan Mandayam in Bengaluru; Editing by Sohini Goswami)

South Korea’s Hyundai to invest $2.45 billion in India

By Praveen Paramasivam CHENNAI (Reuters) -South Korea's Hyundai Motor Co said on Thursday it will invest 200 billion rupees ($2.45 billion) in the southern Indian state of Tamil Nadu over the next 10

Gold steadies as traders hunt for Fed policy cues

By Ashitha Shivaprasad (Reuters) - Gold prices were little changed on Thursday, but prospects of a pause in the U.S. Federal Reserves' rate-hike cycle and economic worries added lustre to safe-haven

Asian stocks waver on China deflation worries, mixed Japan earnings

By Julie Zhu HONG KONG (Reuters) -Asian shares traded cautiously on Thursday as investors fretted about growing deflationary pressures in China and a mixed bag of Japanese earnings, while a standoff

Oil prices climb on positive US fuel demand data

By Jeslyn Lerh SINGAPORE (Reuters) -Oil prices bounced back on Thursday after dropping by more than a dollar a barrel the previous day, supported by stronger fuel demand data from the United States,

Indian rupee may nudge higher after data indicates Fed may pause rate hikes

By Nimesh Vora MUMBAI (Reuters) - Indian rupee is poised to open higher on Thursday, after largely in-line U.S. inflation data made it more likely the U.S. Federal Reserve will not raise rates at its

Asian stocks rise as US inflation cools

By Julie Zhu HONG KONG (Reuters) - Asian shares rose on Thursday as investors cheered signs of easing inflationary pressure in the U.S. after data showed consumer prices in April rose at a

Gold firms as softer dollar, economic woes boost appeal

By Ashitha Shivaprasad (Reuters) - Gold prices ticked up on Thursday, aided by a weaker dollar and economic worries, while investors seek further clarity on the U.S. Federal Reserve's monetary policy

On Camera

Hassan Nasrallah’s assassination underlines Israel’s military supremacy. Will it win peace?

Israeli Prime Minister Benjamin Netanyahu has no intention of being drawn into another attritional war with Hezbollah. His commanders they are unlikely to win.

10 yrs ago, battery leasing failed to boost demand for EV cars in India. Now, it’s making a comeback

Under this model, battery is provided to EV owners on a subscription basis or lease. With more people open to buying EV cars, the lower upfront cost could likely drive wider acceptance.

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?