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Dollar eases before inflation data, with nagging worries over debt ceiling impasse

By Rae Wee SINGAPORE (Reuters) - The dollar weakened broadly on Wednesday after U.S. President Joe Biden and top lawmakers failed to break a deadlock on the debt ceiling crisis, though currency moves

Stocks stumble as investors’ nerves show ahead of US inflation data

By Tom Westbrook SINGAPORE (Reuters) - Stocks were struggling to advance in Asia and the dollar was firm on Wednesday ahead of U.S. consumer price data that could damage hopes for interest rate cuts

India to reopen process for $10 billion in chip incentives, reports Bloomberg News

India is keeping the process open-ended, doing away with a previous 45-day requirement to submit applications, the report said.

Dollar softer as US debt ceiling crisis unresolved, inflation data eyed

By Rae Wee SINGAPORE (Reuters) - The dollar weakened broadly on Wednesday after U.S. President Joe Biden and top lawmakers failed to break a deadlock on the debt ceiling crisis, though currency moves

India renews process for $10 billion semiconductor incentive scheme – Bloomberg News

(Reuters) - India plans to reopen the application process for $10 billion in incentives and assistance intended to encourage the manufacturing of chips in the country, Bloomberg News reported on

Marketmind: Looming U.S. ‘X-Date’ frays global nerves

By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever. A heavy dose of Japanese corporate earnings and a smattering of South Korean economic data give Asian

Dollar edges up as markets await debt-ceiling talks, inflation data

By Laura Matthews NEW YORK (Reuters) - The dollar edged up against most major peers on Tuesday as traders, seeing no immediate breakthroughs on the U.S. debt-ceiling talks, look to new inflation data

T-bills hit by US debt ceiling worries, stocks slip ahead of CPI

By Herbert Lash and Alun John NEW YORK/LONDON (Reuters) -A gauge of global equities fell on Tuesday as investors grew cautious ahead of key data on U.S. consumer prices, while the impasse over the U.S

Gold ticks up on economic risks, US inflation in focus

By Deep Kaushik Vakil (Reuters) - Gold prices edged higher on Tuesday as some investors sought cover from economic uncertainty including the debt ceiling deadlock in Washington, while also positioning

Dollar rangebound as markets eye U.S. debt ceiling talks, inflation data

By Laura Matthews and Iain Withers NEW YORK/LONDON (Reuters) - The dollar clung to modest gains against major currencies on Tuesday but remained rangebound as traders awaited U.S. debt ceiling talks

On Camera

The BaaS effect—How MG’s battery plan can make Windsor an attractive pick for EV buyers

With many more electric cars on the way, the Maruti Suzuki eVX and Hyundai Creta EV in particular, the EV space is getting interesting.

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?