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Oil prices up on wildfires in Canada, US inventories drawdown expectations

By Katya Golubkova TOKYO (Reuters) - Oil prices rose in early trade on Wednesday as large wildfires were threatening Canada's oil sands and as the market expected U.S. crude oil and gasoline

Dollar droops ahead of crucial CPI test; yen under pressure

By Kevin Buckland TOKYO (Reuters) - The dollar traded near a one-month low versus the euro on Wednesday amid lower Treasury yields as traders braced for a key U.S. inflation report later in the day

India’s Shree Cement Q4 profit beats view on strong sales volume

(Reuters) - Shree Cement, India's third-largest cement maker by market capitalisation, reported a bigger-than-expected fourth-quarter profit on Tuesday as lower cement prices helped boost volumes.

MSCI publishes quarterly index changes

(Reuters) -MSCI will add 42 securities and remove 121 securities from its widely followed MSCI ACWI index following its quarterly review, the index provider said on Tuesday, and the changes would be

US makers of masks and gloves get lifeline: higher tariffs on Chinese-made products

By Timothy Aeppel (Reuters) - President Joe Biden’s move to hike tariffs on Chinese goods should help U.S.-based medical mask and glove makers, a sector that has largely flamed out after surging

Oil settles lower as inflation data gives way to market jitters

By Georgina McCartney HOUSTON (Reuters) - Oil prices settled lower on Tuesday, after U.S. data stoked concerns that interest rates may stay high, but potential risks to supply from Mideast tensions

MSCI publishes quarterly index review results

(Reuters) - Index provider MSCI said on Tuesday that 42 securities will be added and 121 securities removed from its widely followed MSCI ACWI index following its quarterly review. The changes will be

Morning Bid: Markets buoyant, but wary of CPI, tariffs

By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets. Asian markets should open in upbeat mood on Wednesday as lower U.S. bond yields and a weaker dollar reflect expectations that

World stock index set for record high, dollar dips after PPI, Powell

By Caroline Valetkevitch NEW YORK (Reuters) -MSCI's gauge of stocks across the globe was set for a record high close on Tuesday, while the U.S. dollar edged lower as investors digested U.S. producer

India’s wholesale inflation hits 13-month high in April, here is what experts say

New Delhi , May 14 (ANI): India's wholesale inflation rose to a 13-month high of 1.26 per cent in April 2024 (-0.8 per cent...

On Camera

Phase 5 is crunch time for BJP—UP will boost INDIA, Maharashtra will clear up real vs fake

Just like Phase 3, in this round too, the NDA stands to lose ground due to the sheer number of seats it had won the last time — 39 of the 49 seats, of which the BJP alone had won 32.

What’s geopolitical recession? World seems to be heading for one

The long-term rise of China and the 'Global South', combined with a decline of European and Japanese economic power is driving a fundamental shift.

With defence push, India looks to capture markets in Africa beyond western Indian Ocean

India’s defence sector is trying to penetrate the African market. But with China already extending significant influence, India must now play catch-up.      

Abki baar 90 paar for Congress? Why even 30 more seats will ruffle BJP

Discussion about outcome of Lok Sabha polls continues to boil in cauldron of expectations only from BJP. Now reverse this equation, what if we asked about the performance of the 'loser'?