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Tuesday, October 1, 2024
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Stocks struggle, dollar gains as investors scrutinise data

By Huw Jones LONDON (Reuters) - Global stocks struggled on Friday as investors pored over economic data for clues on the likelihood of more interest rate hikes and possible recession in the United

Banks wary of parking funds with RBI following liquidity swings, traders say

Banks parked only Rs 205 billion at the reverse repo, even as the central bank cut down the quantum to Rs 500 billion from Rs 2 trillion on April 6. Banks had parked Rs 1.24 trillion at the time.

Dollar heads for first weekly gain since February

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

Gold slumps 1% on way to weekly decline with Fed outlook in focus

By Kavya Guduru (Reuters) - Gold prices slid on Friday as the dollar rose, on course to a weekly loss, while investors remained focussed on whether the U.S. Federal Reserve would pause its tightening

Recession fears leave stocks drifting toward weekly loss

By Tom Westbrook SINGAPORE (Reuters) - Asian stocks slid toward their worst week in a month-and-a-half on Friday and oil nursed losses, while bonds enjoyed their best bid in weeks as U.S. data and

Dollar snaps five-week losing streak; eyes on PMI data

By Rae Wee SINGAPORE (Reuters) - The dollar looked set for its first weekly gain in more than a month on Friday as bets for another rate hike by the Federal Reserve in May firmed, while traders looked

Oil dips on recession fears, slower demand

By Yuka Obayashi and Jeslyn Lerh SINGAPORE (Reuters) - Oil prices eased for the third straight day on Friday and looked set for a hefty weekly loss as softening U.S. economic data and a rise in U.S.

Recession fears set stocks on course for weekly drop

By Tom Westbrook SINGAPORE (Reuters) - Asian stocks slid toward their worst week in a month-and-a-half on Friday and oil nursed losses, while bonds enjoyed their best bid in weeks as U.S. data and

Dollar snaps five-week losing streak as bets on US rate hike in May firm

By Rae Wee SINGAPORE (Reuters) - The dollar was eyeing its first weekly gain in more than a month on Friday as bets for another rate hike by the U.S. Federal Reserve in May firm, though its gains were

Oil prices extend losses on fears of recession and slower oil demand

By Yuka Obayashi TOKYO (Reuters) - Oil prices eased on Friday, extending losses from the two previous days and heading for a weekly decline, as softening U.S. economic data and a rise in U.S. gasoline

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.

Compete, coexist, confront & contest: Army chief General Dwivedi says on dealing with China

Referring to current situation, General Upendra Dwivedi says it is stable but not normal; instead, sensitive. He adds the diplomatic side can only come up with certain options.

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?