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Tuesday, October 1, 2024
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Marketmind: A heavy dose of tech, banks & politics

By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever. The top-tier Asian economic data cupboard on Thursday is bare, meaning regional markets will probably feed

Dollar weakens on fresh signs of slowdown, euro rebounds

By Herbert Lash NEW YORK (Reuters) - The dollar retreated on Wednesday on fresh signs of a U.S. slowdown after orders for core capital goods fell more than expected in March, while the economic

Oil drops nearly 4% as recession fears outweigh US inventory draw

By Laila Kearney NEW YORK (Reuters) -Oil prices dropped by almost 4% on Wednesday, extending the previous session's sharp losses, even after a report showed U.S. crude inventories fell more than

World Bank’s Malpass: debt assessments should reflect growing share of domestic debt

By Andrea Shalal WASHINGTON (Reuters) - Debt sustainability analyses carried out by the World Bank and International Monetary Fund should reflect the growing share of domestic debt in many developing

Tech powers Nasdaq gains; recession fears weigh on cyclicals, dollar

By Stephen Culp NEW YORK (Reuters) - The Nasdaq rose and the dollar weakened on Wednesday as investors weighed solid company earnings against weaker-than-expected economic data and ongoing wrangling

Techs lift the S&P 500, dollar softens

By Stephen Culp NEW YORK (Reuters) -The S&P 500 inched higher on Wednesday and the dollar weakened as investors weighed solid company earnings against weaker-than-expected economic data and ongoing

Dollar weakens on further signs of slowdown, euro rebounds

By Herbert Lash and Alun John NEW YORK/LONDON (Reuters) -The dollar retreated on Wednesday on further signs of a U.S. economic slowdown after orders for core capital goods slipped more than expected

Oil slides as recession fears outweigh large US inventory draw

By Laila Kearney NEW YORK (Reuters) -Oil prices slipped on Wednesday, extending sharp losses from the previous session, even after a report showed that U.S. crude inventories fell more than expected

Gold flirts with $2,000 as U.S. banking worries resurface

By Deep Kaushik Vakil (Reuters) - Gold briefly broke above the key $2,000 level on Wednesday as fresh worries surrounding U.S. banking turmoil drove investors to the safe haven. Spot gold edged up

Oil slips as recession fears offset U.S. inventory draw

By Ahmad Ghaddar LONDON (Reuters) -Oil prices slipped on Wednesday, extending sharp losses from the previous session, even after a report showed that U.S. inventories fell last week, as the market

On Camera

Tirupati controversy shows temples can’t run as public sector units. They must be privatised

A private temple could make crores by selling better laddus and investing in goshalas and captive production units to control quality.

After a brief surge, private investment & hiring has again turned cautious. Focus is on cutting debt

Financial year 2022-23 saw private investments & hiring surge, but since then firms are using cash to reduce debt. General elections didn’t help matters, either.

Indian envoy in Oman dons Army combat print for photo ops, sparks controversy

Ambassador Amit Narang wore combat uniform at closing ceremony of India-Oman joint military exercise. Only serving personnel can wear service uniforms, say veterans.

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?