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Gold prices edge higher as key US inflation data looms

By Sherin Elizabeth Varghese (Reuters) - Gold prices drifted up on Tuesday, with spotlight shifting to key inflation reports due this week, which could offer more insights on the pace and scale of the

Asia to contribute 60 pc of global growth in 2024: IMF official

Tokyo , May 14 (ANI): Asia remains the engine of economic growth and it is on track to deliver 60 per cent of global...

Dollar drifts as traders eye US inflation data; frail yen in focus

By Ankur Banerjee SINGAPORE (Reuters) - The dollar was steady on Tuesday as investors awaited an inflation report this week that will likely shape the U.S. rates outlook, while the yen was hovering

Asia shares hit 15-month high as traders wait for CPI

By Tom Westbrook SINGAPORE (Reuters) - Asian shares hovered around 15-month highs on Tuesday and the dollar was firm ahead of highly anticipated U.S. inflation data, while Japanese bonds were squeezed

Oil prices tick up on tighter supply outlook

By Colleen Howe BEIJING (Reuters) - Oil prices rose on Tuesday as the supply-demand balance looked set to tighten on operational disruptions, stronger demand and voluntary output cuts. U.S. West Texas

Aluminum products maker Novelis makes US IPO filing public

(Reuters) -Aluminum products maker Novelis, owned by Indian conglomerate Aditya Birla Group's Hindalco Industries, made public its filing for an initial public offering in the United States on Monday.

Morning Bid: Treading water ahead of China tariff news, US CPI

By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets. Asian markets on Tuesday will be looking to maintain the positivity with which the week has started, with subdued volatility,

Novelis makes US IPO filing public

(Reuters) - Aluminum recycler Novelis, owned by Indian conglomerate Aditya Birla Group's Hindalco Industries, made public its filing for an initial public offering in the United States on Monday. The

Stocks near flat, dollar dips as focus shifts to US inflation data

By Caroline Valetkevitch NEW YORK (Reuters) -Global stock indexes were little changed on Monday while the U.S. dollar index eased as investors awaited this week's U.S. inflation data that is expected

Oil prices settle up on demand optimism, US inflation in focus

By Shariq Khan NEW YORK (Reuters) -Oil prices rose on Monday, as signs of improving demand in the U.S. and China, the top two oil consumers, aided the bounce from the previous session's $1 a barrel

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.

India’s manufacturing workers saw prices rise faster than incomes even as their productivity fell

Latest Annual Survey of Industries 2022-23 shows large segments of India’s manufacturing workforce are employed in low-productivity work, value added per worker has contracted.

‘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?