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Tuesday, October 1, 2024
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Stocks falter ahead of earnings-packed week

By Amanda Cooper LONDON (Reuters) -Global shares eased on Monday ahead of a week packed with economic data and central bank meetings, along with earnings from the tech giants that have kept the S&P

Indian cos sometimes face delays in paying for Russian oil above $60 per barrel, says oil secretary

India has significantly increased oil imports from Russia since the beginning of the conflict in Ukraine.

Oil prices fall 1% on uncertainty over global outlook, rate hikes

By Florence Tan and Mohi Narayan (Reuters) -Oil prices fell more than 1% on Monday as concerns about rising interest rates, the global economy and the outlook for fuel demand outweighed support from

Tata Steel begins hydrogen gas injection trial in blast furnace

The company commenced the trial injection at the plant in the eastern city of Jamshedpur, using 40% of the injection systems on Sunday, Tata Steel said in a statement.

Asia stocks in pensive mood for earnings-packed week

By Wayne Cole SYDNEY (Reuters) - Asian shares were mostly lower on Monday in a week packed with economic data and central bank meetings, along with earnings from the tech giants that have kept the S&P

Dollar gains, on track for second straight monthly loss

By Rae Wee SINGAPORE (Reuters) - The dollar began the last trading week of the month on a firmer footing, with traders awaiting a slew of central bank policy meetings that could signal how soon the

Adani Ports starts $130 million buyback of debt securities

Adani Ports said it has floated a tender of up to $130 million in outstanding debt, as it tries to boost investor confidence after the group's shares were pummelled Hindenburg's report.

Dollar edges lower; on track for second straight monthly loss

By Rae Wee SINGAPORE (Reuters) - The dollar began the last trading week of the month on the back foot, with traders awaiting a slew of central bank meetings in May for clues on when the steepest

Asia stocks off to slow start in earnings-rich week

By Wayne Cole SYDNEY (Reuters) - Asian shares started cautiously on Monday in a week packed with economic data and central bank meetings, along with earnings from the tech giants that have kept the S&

Stocks edge down, US yields climb after PMI data

By Chuck Mikolajczak NEW YORK (Reuters) - A gauge of global stocks declined for a third straight day on Friday as investors weighed the latest round of corporate earnings results, while longer-dated

On Camera

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?