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Thursday, April 25, 2024
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Economy

Oil drifts down on sticky inflation, bigger-than-expected US crude stock build

By Laura Sanicola and Trixie Yap (Reuters) - Oil prices slipped in Asian trade on Wednesday after a U.S. industry group reported crude stocks rose more than expected last week and as investors reined

Dollar reigns supreme as hot CPI cools bets for Fed cuts

By Kevin Buckland TOKYO (Reuters) - The dollar traded near three-month highs to major peers on Wednesday as traders pushed back bets for a first Federal Reserve interest rate cut following

Oil prices fall on sticky inflation, bigger-than-expected US crude stock build

By Laura Sanicola (Reuters) - Oil prices fell in early Asian trade on Wednesday after a U.S. industry group reported crude stocks rose more than expected last week and as investors reined in

Asia stocks edge down; dollar rides Treasury yields higher

By Rae Wee SINGAPORE (Reuters) - Asian shares tracked a negative lead from Wall Street on Wednesday, while the dollar and Treasury yields jumped as traders pared back expectations for the pace and

Stocks fall, dollar and yields gain after hot US inflation data

By Caroline Valetkevitch NEW YORK (Reuters) -Global stock market indexes dropped, the 10-year U.S. Treasury yield hit a 2-1/2-month high and the dollar touched a three-month peak against the yen on

Oil up on geopolitical tension, gains capped by fading Fed rate-cut hopes

By Georgina McCartney Houston (Reuters) -Oil prices settled higher on Tuesday as geopolitical tensions continued in the Middle East and eastern Europe, but gains were curtailed as investors reined in

US dollar rises to three-month high after inflation data, surges past 150 yen

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar rose to three-month peaks on Tuesday, after data showed U.S. inflation rose more than expected in January, reinforcing expectations that the

Stocks drop, dollar and yields gain after hot US inflation data

By Caroline Valetkevitch NEW YORK (Reuters) -World stock market indexes fell while the U.S. dollar hit three-month peaks and Treasury yields climbed on Tuesday after data showed U.S. inflation slowed

Oil up on geopolitical tensions, gains curbed as Fed waits to cut rates

By Georgina McCartney Houston (Reuters) -Oil prices settled higher on Tuesday as geopolitical tensions continued in the Middle East and eastern Europe, but gains were curtailed as the U.S. Federal

Oil rises as US rejects Moscow ceasefire suggestion in Ukraine

By Georgina McCartney and Arathy Somasekhar Houston (Reuters) - Oil prices climbed on Tuesday after the United States rejected Russian President Vladimir Putin's suggestion of a ceasefire in Ukraine,

On Camera

Imtiaz Ali obsesses over vulgarity, misses Chamkila’s cultural resistance against purity

Peter Manuel's ‘Cassette Culture’ showed the booming Bhakti music during the '80s and '90s when Anoop Jalota, Gulshan Kumar achieved success by singing the sanitised Bhajans.

Economists vs statisticians — the battle being fought over the soul of India’s GDP data

Economists say there are weaknesses in India’s GDP data. But statisticians claim the accusations are based on flawed understanding, saying while GDP has problems, the economists are looking in the wrong places.

India and Japan hold 10th round of consultations on disarmament, non-proliferation, and export control

The two sides also discussed ways to strengthen cooperation in outer space security, conventional weapons, and export control

These 6 states are key for Modi’s ‘400 paar’ target. They’re also where Opposition can stop him

While this contest looks so predictable in large swathes of our political landscape, it is also more keenly contested than 2019 in some states.