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Tuesday, October 1, 2024
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Oil rises but post weekly loss as economic uncertainty weighs

By Erwin Seba HOUSTON (Reuters) -Oil prices edged higher on Friday on strong economic data in the euro zone and Britain, but futures fell for the week as interest rate and demand uncertainty weighed.

US dollar flat to modestly higher as upbeat data backs May rate hike

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - The U.S. dollar was little changed to slightly higher against major currencies on Friday, as business activity data suggested that the world's largest

Oil rises but set for weekly loss as economic uncertainty weighs

By Erwin Seba HOUSTON (Reuters) - Oil prices edged higher on Friday on strong economic data in the euro zone and Britain, but futures were on track for a weekly loss as interest rate uncertainty

Gold retreats to weekly loss on hawkish Fed

By Deep Kaushik Vakil (Reuters) - Gold fell sharply on Friday and was headed for its worst week in eight as hawkish remarks by U.S. Federal Reserve officials through the week bolstered bets for at

Stocks dip for third day, US yields rise after data

By Chuck Mikolajczak NEW YORK (Reuters) -A gauge of global stocks was lower for a third straight session on Friday, as investors digested the latest round of corporate earnings, while longer-dated U.S

US dollar slips as investors price in end of rate-hike cycle

By Amanda Cooper and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) - The U.S. dollar slipped against most major currencies on Friday, as investors digested mounting evidence that growth in the

Oil set for weekly loss as economic uncertainty weighs

By Rowena Edwards LONDON (Reuters) - Oil prices were on track for a weekly loss, despite a rise on Friday on strong economic data in the euro zone and Britain, as economic and interest rate

Stocks shrug off perkier euro zone, U.S. set for muted start

By Huw Jones LONDON (Reuters) - Global stocks languished on Friday, barely responding to a jump in euro zone business activity as investors waited for data on the U.S. economy ahead of next month's

Dollar clings to gains, economic outlook clouds

By Amanda Cooper LONDON (Reuters) - The dollar headed for its first weekly gain in nearly two months on Friday as investors raised their bets that the Federal Reserve will increase rates in May, while

Oil heads for weekly loss on economic uncertainty

By Rowena Edwards LONDON (Reuters) -Oil prices were on track for a hefty weekly loss as economic and interest rate uncertainty weighed, though prices were stable on Friday as the euro zone recovery

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?