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Dollar in defensive mood after jobs data; Fed in focus

By Ankur Banerjee SINGAPORE (Reuters) - The dollar was subdued on Wednesday, weighed by bearish U.S. labour market data as investors fretted over the U.S. debt ceiling and banking sector risks, while

Oil extends losses as investors brace for more rate hikes

By Laura Sanicola (Reuters) - Oil prices extended losses on Wednesday, after slumping about 5% to a five-week low in the previous session, as investors braced for more rate hikes this week that could

Marketmind: Crisis over? Don’t bank on it

By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever. Maybe the U.S. banking turmoil of March 2023 wasn't boxed up, tied with a bow, and neatly shelved for

Dollar dips as job openings fall, Fed meeting in focus

By Karen Brettell NEW YORK (Reuters) - The dollar fell Tuesday after data showed that U.S. job openings fell in March, a day before the Federal Reserve is expected to hike interest rates by an

Oil slumps 5% to five-week low amid US debt default fears

By Scott DiSavino NEW YORK (Reuters) -Oil prices sank about 5% to a five-week low on Tuesday on concerns about the economy as U.S. politicians discuss ways to avoid a debt default and investors

Oil falls 5% to five-week low on US debt ceiling, interest rate hike worries

By Scott DiSavino NEW YORK (Reuters) -Oil prices sank about 5% to a five-week low on Tuesday on concerns about the economy, as U.S. politicians discuss ways to avoid a debt default and investors

Oil falls 4% to five-week low on U.S. default worries, weak economic data

By Scott DiSavino NEW YORK (Reuters) - Oil prices sank 4% to a five-week low on Tuesday along with a drop in Wall Street stocks on worries about a U.S. debt default and expectations fuel demand could

Stocks sink; Treasury yields, dollar fall; Fed, debt ceiling in focus

By Sinéad Carew NEW YORK (Reuters) - Wall Street followed European shares lower on Tuesday, a day ahead of Federal Reserve interest rate decisions, while U.S. Treasury yields fell as investors worried

Oil falls 4% to five-week low on U.S. default and interest rate hike worries

By Scott DiSavino NEW YORK (Reuters) - Oil prices sank 4% to a five-week low on Tuesday along with a drop in Wall Street stocks on worries about a U.S. debt default and expectations fuel demand could

US FDA halts India’s Sun Pharma trials on dermatological drug

BENGALURU (Reuters) -The U.S. Food and Drug Administration (FDA) has asked India's Sun Pharmaceutical Industries Ltd to halt tests on one dose of an experimental dermatological drug due to the

On Camera

Drop that cigarette. Smokers are twice as likely to develop skin cancer compared to non-smokers

A noticeable effect of smoking is premature aging. Studies indicate that the skin biopsy of a 40-year-old heavy smoker can resemble that of a 70-year-old non-smoker.

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?