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Friday, October 4, 2024
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Economy

Gold retreats from record highs as traders assess Fed rate outlook

By Daksh Grover (Reuters) - Gold prices fell on Thursday, retreating from all-time highs hit earlier this week, as the U.S. dollar ticked up ahead of U.S. jobs data and the Federal Reserve chief's

Shares buoyed, dollar battered as Fed readies rate cuts

By Tom Westbrook SINGAPORE (Reuters) - Asian shares inched higher while the dollar was pinned to one-year lows on sterling and the euro on Thursday as Federal Reserve minutes showed policymakers were

Oil prices slow sell-off as expectations of Fed rate cut grow

By Katya Golubkova TOKYO (Reuters) - A sharp sell-off in crude oil paused on Thursday after expectations of a rate cut by the Federal Reserve offset a bunch of weak economic data from the world's two

Dollar doldrums deepen on dovish Fed tone before Jackson Hole

By Kevin Buckland TOKYO (Reuters) - The dollar traded near the lowest in more than a year against the euro and sterling on Thursday as a dovish Federal Reserve and fresh signs of weakness in the U.S.

Wall Street muted as investors look to Fed to confirm rate cuts

By Lawrence Delevingne and Huw Jones (Reuters) -Global shares idled on Wednesday after a lengthy rebound propelled them towards recent record highs, and as investors awaited confirmation that the U.S.

Dollar drops as jobs revised lower, some Fed officials wanted July cut

By Karen Brettell (Reuters) -The dollar fell to a more than one-year low against the euro and sterling on Wednesday after data showed employers added 818,000 fewer jobs in the year to March than

Oil settles $1 down after US job data revised significantly lower

By Georgina McCartney HOUSTON (Reuters) -Oil prices settled down by $1 a barrel on Wednesday after the U.S. government revised sharply lower a set of employment statistics closely watched by investors

Dollar drops as jobs gains revised sharply lower

By Karen Brettell (Reuters) -The dollar fell to a more than one-year low against the euro and sterling on Wednesday after data showed employers added 818,000 fewer jobs in the year to March 2024 than

Oil falls $1 after US revises employment data lower

By Georgina McCartney HOUSTON (Reuters) -Oil prices fell on Wednesday after the U.S. government revised significantly lower the number of jobs added in the year to March, pressuring investor sentiment

Zomato to acquire Paytm’s entertainment ticketing business for Rs 2,048 cr

New Delhi, Aug 21 (PTI) Online food delivery platform Zomato will acquire Paytm's entertainment ticketing business for Rs 2,048 crore to strengthen its "going-out"...

On Camera

Gaza, Ukraine being fought on techno-battlefields. Indian military is 3 decades behind

My assessment is that the Indian armed forces are adopting emerging technologies for incremental change and not transformation—which is the need of the hour.

Even as SEBI lays down new curbs on F&O market, discount brokerages are changing business models

SEBI Tuesday unveiled rules to curtail retail participation in derivatives market. Options premia to be collected upfront from options buyer effective 1 Feb 2025.

‘No drone bombs or infiltration’, Army Chief says ‘battle of narratives’ must be controlled in Manipur

Chief of Army Staff General Upendra Dwivedi says the Manipur conflict was triggered by a rumour and that the situation may be ‘stable today, but it is tense’.

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?