Keyword "DEST:NOINBSM" - List of latest news (381 results)

10:56 Top Indian funds bet on domestic sectors to lead market rebound amid global jitters

India's top investment funds are pivoting inward, betting on the resilience of the domestic economy and a rebound in corporate earnings, while retreating from export-driven bets amid escalating global trade tensions.

06:48 Gold falls as Trump backs down from threat to fire Fed chief

Gold prices fell more than 1% on Wednesday as U.S. President Donald Trump backed down from threats to dismiss Federal Reserve Chair Jerome Powell and expressed optimism for a trade deal with China, denting bullion's safe-haven appeal.

05:59 Dollar surges then steadies as Trump backs down on Fed attacks

The U.S. dollar rose sharply and then steadied on Wednesday as President Donald Trump backed away from threats of firing Federal Reserve Chair Jerome Powell in a relief to investors while optimism around trade deals lifted beaten down sentiment.

04:21 Oil rises 1% on Iran sanctions, drop in US crude stocks

Oil prices rose almost 1% in early trade on Wednesday, extending the prior day's gains as investors weighed a fresh round of sanctions on Iran, a drop in U.S. crude stocks and a softer tone from Donald Trump on the Federal Reserve.

03:41 Stocks, dollar rebound in Asia as Trump steps back

Stock markets were enjoying a much-needed relief rally in Asia on Wednesday after President Donald Trump said he had no plans to fire the head of the Federal Reserve, and hinted at lower tariffs for China.

00:25 Oil prices settle up nearly 2% on new Iran sanctions, equities rally

Oil prices settled more than $1 per barrel higher on Tuesday as new U.S. sanctions against Iran and rising equity markets helped spark a recovery rally from the prior session's steep selloff.

23:51 IMF slashes global outlook as White House says trade talks pick up pace

Worldwide economic output will slow in the months ahead as U.S. President Donald Trump's steep tariffs on virtually all trading partners begin to bite, the International Monetary Fund said on Tuesday as global finance chiefs swarmed Washington seeking deals with Trump's team to lower the levies.

22/04 IMF cuts growth forecasts for most countries in wake of century-high US tariffs

The International Monetary Fund slashed its forecasts for growth in the United States, China and most countries, citing the impact of U.S. tariffs now at 100-year highs, and warning that further trade tensions would slow growth further.

22/04 Vance seeks closer US-India ties, warns of 'dark time' otherwise

The United States is looking to sell more energy and defence equipment to India, Vice President JD Vance said on a visit to the country, adding that ties between the two countries will shape the century.

22/04 Dollar close to multi-year lows versus euro, Swiss Franc as Trump attacks the Fed

The dollar marked a fresh low against the yen and hovered around multi-year lows versus the euro and the Swiss franc on Tuesday as President Donald Trump's attacks on the Federal Reserve raised concerns about the central bank's independence.

22/04 Gold hits key $3,500 mark as Trump's attacks on Fed chief rattle traders

Gold prices soared to a record high, hitting the crucial $3,500 mark on Tuesday, as concerns over U.S. President Donald Trump's criticism of Federal Reserve Chair Jerome Powell dampened risk sentiment and drove investors towards safe-haven bullion.

22/04 Exclusive: LG, Samsung sue Indian government over electronic-waste pricing policy

South Korea's LG and Samsung have sued India's government to quash a policy which increases payouts to electronic-waste recyclers, court filings show, joining other major companies in contesting the country's environmental rules citing business impact.

22/04 Asia fights drag from Wall St as US assets buckle

Asian stock markets fought to hold their footing on Tuesday after a furious flight from U.S. assets undermined Wall Street and the dollar, while concerns about the independence of the Federal Reserve piled fresh pressure on Treasuries.

21/04 Rupee jumps, hedging costs slide as dollar keeps taking punches

The Indian rupee and other Asian currencies strengthened on Monday as the dollar remained under pressure, with the latest drag coming from U.S. President Trump's criticism of Federal Reserve Chair Jerome Powell, fuelling concerns over central bank independence.

21/04 Gold soars to record high on trade war concerns, weaker dollar

Gold prices surged to a record high on Monday, spurred by concerns over global economic growth due to the spiralling Sino-U.S. trade war, with a weaker dollar further boosting the rally.

21/04 Stocks and dollar slide as Trump's Fed attacks jangle nerves

Asian equities and U.S. stock futures slid on Monday while the dollar slumped, as anxiety over tariffs and public criticism of the Federal Reserve by President Donald Trump hit sentiment, leading gold prices to a new high.

21/04 India's Modi to host JD Vance in Delhi under US tariffs shadow

U.S. Vice President JD Vance begins a four-day visit to India on Monday and will hold talks with Prime Minister Narendra Modi, as New Delhi rushes to avoid steep U.S. tariffs with an early trade deal and boost ties with the Trump administration.

21/04 Dollar weakens on concerns about Fed's independence under Trump

The dollar tumbled on Monday as investor confidence in the U.S. economy took another hit over President Donald Trump's plans to shake up the Federal Reserve, which would throw into question the independence of the central bank.

21/04 Oil prices slip 1% after progress in US-Iran talks

Oil prices fell more than 1% at Monday's open in Asia after nuclear talks between the United States and Iran progressed, easing supply concerns.

18/04 Exclusive: India plans to ease nuclear liability laws to attract foreign firms, sources say

India is planning to ease its nuclear liability laws to cap accident-related penalties on equipment suppliers, three government sources said, in a move mainly to attract U.S. firms that have been holding back due to the risk of unlimited exposure.

17/04 Gold starts coming back to Switzerland from US after exclusion from Trump's tariffs

Gold, which traders have been flying to New York since December as a precaution against the possibility of broad U.S. tariffs hitting bullion imports, is being shipped back to Switzerland, where it came from, official data shows.

17/04 Oil set for weekly rise after new Iran sanctions

Oil prices rose to the highest in two weeks on Thursday amid low liquidity ahead of the Easter holidays after the United States imposed new sanctions to curb Iranian oil exports, elevating supply concerns.

17/04 India's BluSmart, rival of Uber, suspends operations after co-founder probed

Indian electric cab service BluSmart, seen as a rival to Uber, suspended services on Thursday, days after a market regulator's investigation found a co-founder misused funds at an affiliate company and bought a luxury apartment with money allocated for electric vehicles.

17/04 Stocks, dollar on back foot as trade war, Powell comments weigh

Asian stocks wavered on Thursday after Federal Reserve Chair Jerome Powell warned of the risk of slowing growth and rising prices due to tariffs, while the uncertainty around U.S. trade policies kept the dollar rooted near three-year lows.

16/04 Dollar back under pressure, safe havens outperform

The dollar resumed its descent on Wednesday, dropping across the board and losing the most ground to the Swiss franc and the euro as a new bout of tariff-induced nerves gripped markets.

16/04 Oil dips as markets assess trade war effects

Oil prices edged lower on Wednesday, as shifting U.S. tariff policies fuelled uncertainty, prompting traders to weigh the potential impact of the U.S.-China trade war on economic growth and energy demand.

16/04 Shares fall in Asia as Nvidia curbs fan worries, gold hits record

Shares fell in Asia on Wednesday as AI darling Nvidia took a hit from U.S. curbs on chip sales to China, highlighting the damage to come in a tit-for-tat global trade war, while gold hit a record and the dollar stayed under pressure.

16/04 India offers cheap loans for arms, targeting Russia's traditional customers

Prime Minister Narendra Modi's bid to transform India into a global factory floor has produced billions of dollars of low-cost iPhones and pharmaceuticals. Now he hopes to add missiles, helicopters and battleships to the shopping carts of foreign governments.

15/04 Dollar steady as traders grapple with tariff uncertainty, volatility

The dollar was steady on Tuesday but stayed close to the three-year low against the euro and a six-month trough against the yen it hit last week as investors struggled to make sense of the back-and-forth changes on U.S. tariffs.

15/04 Asia shares rise, bonds hold steady on some tariff reprieve

Asia shares edged slightly higher on Tuesday, helped by gains in auto companies after U.S. President Donald Trump suggested he might grant exemptions on auto-related levies already in place.

15/04 Oil prices rise on potential US tariff exemptions on cars, pick-up in China crude imports

Oil prices climbed in early trading on Tuesday, boosted by new tariff exemptions floated by President Donald Trump and a rebound in China crude oil imports in anticipation of tighter Iranian supply.

15/04 Eli Lilly's Mounjaro launch in India ignites wave of weight-loss enquiries

The India launch of Eli Lilly's popular weight-loss drug Mounjaro has triggered a huge wave of patient enquiries about its availability, with some Indian doctors fielding hundreds of calls about the medicine, according to a Reuters survey.

14/04 Gold falls from record high but holds above $3,200 on tariff jitters

Gold prices fell from a record high on Monday after U.S. President Donald Trump excluded smartphones and computers from his reciprocal tariffs, although uncertainty around tariff plans kept prices above the significant $3,200 per ounce level.

14/04 Indian fugitive accused in nearly $2 bln bank fraud arrested in Belgium, source says

Indian fugitive Mehul Choksi, the jeweller accused of being involved in an alleged fraud of nearly $2 billion against Punjab National Bank in 2018, has been arrested in Belgium, a source with India's Enforcement Directorate told Reuters.

14/04 Indian shrimp industry sails in troubled waters after Trump tariffs

Turbulence unleashed by President Donald Trump's tariffs could rock global shipments of shrimp to the United States, with exporters in biggest supplier India saying they endanger 2,000 containers packed with the frozen delicacy.

14/04 Oil prices flat as US-China trade war weighs on global growth outlook

Oil prices were flat in early trade on Monday on concerns the escalating trade war between the United States and China would weaken global economic growth and dent fuel demand.

14/04 Battered dollar steadies but investors brace for more tariff volatility

The U.S. dollar found some footing on Monday but was still near a three-year low after a bruising week that shook investor faith in the world's reserve currency as U.S. President Donald Trump's tariff plans whipsawed global markets.

14/04 Wall St futures make cautious gains as tariffs change

Wall Street share futures rallied in Asia on Monday after the White House exempted smartphones and computers from "reciprocal" U.S. tariffs, though gains were limited as President Donald Trump warned levies were still likely at some point.

13/04 India's TCS says retail, travel clients more exposed to US tariff turmoil

Clients of India's Tata Consultancy Services in the retail, travel and automobile sectors are more exposed to fallout from U.S. tariffs and they may resort to cost-cutting if uncertainty persists, the company's CEO told Reuters.

11/04 Gold bolts past $3,200 on dollar slide, safe-haven flows

Gold breached the key $3,200/oz level for the first time to scale a new peak on Friday, fuelled by a weaker dollar and an escalating trade war that sent investors rushing toward safe-haven assets.

11/04 Stocks, dollar sink, bonds pummelled again as trade war roils markets

The anxiety has sparked a rush into safe havens, sending the Swiss franc soaring to a decade high against the dollar, and gold to a new peak.

11/04 Trump's tariff pause brings little relief as recession risk lingers

A week of turmoil unleashed by U.S. President Donald Trump's tariffs showed little sign of easing on Friday, with markets again tumbling and foreign leaders trying to work out how to respond to a dismantling of the world trade order.

10/04 Apple airlifts 600 tons of iPhones from India 'to beat' Trump tariffs, sources say

About six cargo jets with a capacity of 100 tons each have flown out since March.

10/04 Trump U-turns on tariffs but keeps trade war heat on China

Trump's turnabout, which came less than 24 hours after steep new tariffs kicked in on most trading partners, followed the most intense episode of financial market volatility since the early days of the COVID-19 pandemic.

10/04 Stocks surge in relief rally after Trump pauses tariffs

Global stocks rallied, the dollar found footing and a manic bond selloff stabilised on Thursday after U.S. President Donald Trump said he would temporarily lower the hefty duties he had just imposed on dozens of countries.

10/04 Oil prices fall as Trump escalates trade war with China

Oil prices fell around 1% on Thursday as U.S. President Donald Trump ramped up a trade war with China, even as he announced a 90-day pause on tariffs aimed at other countries.

09/04 Gold rises, eyes best day since October 2023 as tariff war heats up

Gold climbed more than 2% on Wednesday and was poised for its best day since October 2023, supported by safe-haven inflows amid escalating U.S.-China trade tensions as U.S. President Donald Trump further increased tariffs on China.

09/04 European, Indian pharma stocks decline after Trump again threatens tariffs

Drugmakers' stocks in Europe and India slipped on Wednesday after U.S. President Donald Trump reiterated plans for a "major" tariff on all pharmaceutical imports and as "reciprocal" tariffs kicking in led to a further carnage in global markets.

09/04 India cenbank cuts rates for a second time as US tariffs add to growth risks, changes stance

The Reserve Bank of India (RBI) cut its key repo rate on Wednesday for a second consecutive time and changed its monetary policy stance to "accommodative" from "neutral" to boost the sluggish economy, which is facing further pressure from U.S. tariffs.

09/04 Stocks slide in Asia as recession fears pummel sentiment, oil hits 4-yr lows

Stocks in Asia extended a slide on Wall Street as President Donald Trump looked set to press ahead with 104% tariffs on Chinese goods.

09/04 Trump's latest tariffs loom, set to deepen global trade war

Trump's punishing tariffs have shaken a global trading order that has persisted for decades, raised fears of recession and driven worldwide stocks sharply downward.

09/04 Oil slides nearly 4% as US kicks off 104% tariffs on China

Oil prices dropped to their lowest in more than four years in early trade on Wednesday on looming demand concerns fuelled by an escalating tariff war between the U.S. and China, the world's two biggest economies, and a rising supply outlook.

08/04 Gold's current rally: echoes of the 1980s with a more sustainable core

Gold's latest gallop to all-time highs has drawn comparisons with the last time political and economic turmoil were the main drivers of record prices, back in 1980. But market players say the nature of this rally - and potentially its ability to endure - look different.

08/04 Indian shares rise on bargain buying as Asia rebounds on tariff talk hopes

India's benchmark indexes on Tuesday rebounded from the previous session's sharp selloff as bargain hunting and a broader recovery across Asia lifted sentiment amid hopes of U.S. tariff negotiations.

08/04 China censures Trump tariff 'blackmail' as market turmoil eases

Trump said he would impose an additional 50% duty on Chinese imports.

08/04 Oil prices climb 1% after heavy US tariff-driven selloff

Oil prices rose more than 1% on Tuesday, rebounding after a hefty selloff in recent sessions led by concerns that U.S. tariffs might depress demand and lead to a global recession.

08/04 Japan leads Asian equity bounce, yields rise on trade optimism

Asian stocks bounced off 18-month lows and U.S. stock futures pointed higher on Tuesday, as markets caught their breath after recent heavy selling on hopes that Washington might be willing to negotiate some of its aggressive tariffs.

07/04 Nigerian court adjourns Binance, executives' tax evasion trial to April 30

A Nigerian court has adjourned a tax evasion case against Binance to April 30 to allow the local tax authority to respond to a request by the cryptocurrency exchange to annul an order for court documents to be served on it by email, a lawyer for Binance said on Monday.

07/04 Trump leaves emerging market central banks with no clean choices

U.S. President Donald Trump's bruising blast of tariffs last week has thrown emerging market central banks a fresh curve ball with many now forced to make the tough choice between supporting economic activity and keeping fragile currencies stable.

07/04 Exclusive: After Trump, EU seeks zero tariff from India on car imports, sources say

The European Union wants India to eliminate tariffs on car imports under a long-pending trade deal and Prime Minister Narendra Modi's government is willing to sweeten its current proposal to seal the talks, sources told Reuters.

07/04 India sees no hit to projected growth from US tariffs, economists remain sceptical

Economists have lowered India's growth estimates by 20-40 basis points to 6.1% for the current fiscal.

07/04 Indian shares tumble as trade war, US recession fears fuel turmoil

Indian shares fell sharply on Monday as concerns over a trade war and growing recession fears in the U.S. continued to fuel a global stock market rout.

07/04 Safe havens yen, Swiss franc surge as Trump's tariffs hit dollar

Investors sold the dollar and poured into safe havens like the yen and Swiss franc on Monday after U.S. President Donald Trump unleashed sweeping tariffs on the world.

07/04 Oil prices extend losses on fears global trade war could slow economy

Oil prices fell more than 3% on Monday, extending losses from the previous week, on growing concerns that a global trade war could slow the global economy and weaken oil demand, following China's retaliation against U.S. President Donald Trump's tariffs.

07/04 Wall St futures, oil dive, markets bay for quick US rate cuts

Asian markets faced more turmoil on Monday as fears of a global trade war saw Wall Street futures plunge, while investors wagered the mounting risk of recession could see U.S. rates cut as early as May.

04/04 How Indian bank IndusInd's push for profits and lax controls drove it to a crisis

IndusInd Bank ignored established Indian derivative accounting practices for years as it chased profit growth, resulting in a $175 million balance-sheet hole and the biggest crisis for the lender in its three-decade history, multiple sources said.

04/04 Wikimedia must remove India content deemed defamatory, court rules

The operator of Wikipedia has been ordered to remove statements deemed defamatory by an Indian court from the page of a domestic news agency it hosts, the latest such directive to the popular online encyclopedia.

04/04 Dollar fragile as traders take stock of tariff fallout ahead of US jobs report

The U.S. dollar struggled to regain its footing with the safe-haven yen hovering near a six-month peak on Friday, as traders took stock of the fallout from President Donald Trump's aggressive and far-reaching new tariff measures.

04/04 Oil set for worst week in months over Trump's new tariffs

Oil prices fell further in early Asian trade on Friday, and were on track for the worst week in months over U.S. President Donald Trump's new tariffs, stoking concerns over a global trade war that could weigh on oil demand.

04/04 Shares bruised, dollar crumbles as Trump tariffs stir recession fears

Stocks limped to the end of the week on Friday, the dollar was set for its worst week in a month while gold flirted with a record peak as investors feared U.S. President Donald Trump's sweeping tariffs would tip the global economy into a recession.

03/04 Investors dive for cover as Trump tariffs skittle stocks

World stock markets and oil prices tumbled and investors dashed to the relative safety of bonds, gold and the yen on Thursday, as President Donald Trump’s drastic U.S. trade tariffs stirred widespread fears of a global recession.

03/04 Trump stokes trade war as world reels from tariff shock

President Donald Trump's move to impose sweeping tariffs on U.S. imports on allies and rivals alike sparked threats of retaliation, intensifying a global trade war that threatens to stoke inflation and raising fears of recession.

03/04 Gold scales record peak as Trump tariffs fuel safe-haven scramble

Jittery investors flocked to safe-haven assets on Thursday and pushed gold to a record high after U.S. President Donald Trump unleashed more aggressive-than-expected import tariffs, kicking into higher gear an already heated global trade war.

03/04 With US tariffs, India's jewellery exports set for sharp decline

India's $32 billion gems and jewellery industry is bracing for a sharp fall in exports as hefty U.S. tariffs will impede overseas sales to its biggest market, industry officials said.

03/04 Oil sinks nearly 3% after Trump announces sweeping new tariffs

Oil prices dropped $2 on Thursday after U.S. President Donald Trump announced reciprocal tariffs on trading partners, stoking concerns that a global trade war may dampen demand for crude.

03/04 Dollar slips as investors seek safe havens after US tariffs

The dollar slid broadly on Thursday and the euro firmed after President Donald Trump announced more aggressive-than-expected tariffs against U.S. trading partners, jolting the markets as investors sought safe havens such as the yen and Swiss franc.

03/04 US slaps 26% tariff on India amid ongoing bilateral trade talks

The U.S. slapped a 26% reciprocal tariff on India in a setback to the South Asian country's expectation of getting relief from President Donald Trump's global trade policy that has unnerved world markets for weeks.

02/04 Exclusive: India backs EV tariff cuts for Trump trade deal, defying autos lobby, sources say

India plans to lower import tariffs on electric cars, rejecting requests from local automakers to delay such cuts by four years, as New Delhi prioritises closing a trade deal with the United States, government and industry sources told Reuters.

02/04 Stocks on tenterhooks as Trump's tariff plans loom

Asian stocks stuttered on Wednesday, while the safe-haven gold was stuck near record highs as a nervous world awaited details of U.S. President Donald Trump's tariff plans, with investors fretting about the risks of an intensifying global trade war.

02/04 Dollar steady as zero hour on Trump's "Liberation Day" closes in

The dollar firmed a touch and other currencies held tight ranges on Wednesday as traders anxiously awaited details of U.S. President Donald Trump's tariff plans later in the day that could set the tone for markets in the near term.

02/04 Oil prices steady as market awaits fresh US tariffs

Oil prices steadied on Wednesday after falling in the previous session on concerns new U.S. tariffs set to be unveiled later in the day may deepen a global trade war that could limit crude demand.

01/04 US flags India's burdensome import requirements as trade barrier ahead of Trump's tariffs

The United States has flagged concerns over India's increasing and burdensome import-quality requirements, among its many barriers to trade, in a report released two days before planned U.S. reciprocal tariffs take effect.

01/04 Oil extends climb on supply fears, trade war concerns cap gains

Oil prices inched higher on Tuesday after threats by U.S. President Donald Trump to impose secondary tariffs on Russian crude and attack Iran, though worries about the impact of a trade war on global growth capped gains.

01/04 Stocks stabilise, gold hits record before Trump tariff reveal

Asian equities rose on Tuesday following Wall Street's overnight gains, while gold hit an all-time peak and Treasury yields fell as markets awaited details of U.S. President Donald Trump's reciprocal tariffs.

31/03 Gold sails above $3,100 to uncharted territory as US tariffs approach

Gold prices soared to record levels above $3,100 per ounce in a rally marking one of the most significant upswings in the precious metal's history, with psychological levels swept aside by a cocktail of factors - including worry about fallout from impending U.S. tariffs.

31/03 Dude, where's my car? Toyota buyers face long waits amid hybrid boom

Soaring demand for Toyota's gasoline-electric hybrids has left suppliers struggling to keep pace, leading to shortages of parts and months-long waits for car buyers, according to four people familiar with the situation.

31/03 Trade war woes propel gold to record high

Gold breached the $3,100 level on Monday to touch an all-time high as investors turned to the safe-haven asset amid concerns that U.S. President Donald Trump's tariff plans would widen the global trade war and trigger an economic fallout.

31/03 Gold surges past $3,100 as US tariffs, uncertainty propel safe-haven flows

Gold prices on Monday soared above $3,100 per ounce for the first time as concerns around U.S. President Donald Trump's tariffs and the potential economic fallout, combined with geopolitical worries, drove a fresh wave of investments into the safe-haven asset.

31/03 Stocks skid, bonds rally as tariff clock ticks down

Asia stocks followed Wall Street futures lower on Monday as investors struggled to price in the risk of imminent U.S. tariffs with so little still known about what form or scope the levies will take.

30/03 What's in Trump's April 1 trade reports ahead of US reciprocal tariffs

Trump's hotly anticipated reciprocal tariffs will be based in part on consolidated reports due on Tuesday from his trade, Commerce and Treasury chiefs.

29/03 India and US making progress towards trade deal, officials say

Indian and U.S. officials made progress towards a bilateral trade agreement during several days of talks in New Delhi, they said on Saturday.

28/03 Gold touches record high as Trump tariffs fuel safe-haven demand

Gold scaled a record peak on Friday as U.S. President Donald Trump's fresh tariffs fuelled fears that the global trade war will further intensify and prompted investors to seek refuge in the safe-haven metal.

28/03 Exclusive: Indian state firms seek stake in SQM's lithium projects in Australia, sources say

Four Indian state firms are in talks with Chilean miner SQM to acquire a 20% stake in its two lithium projects in Australia for $600 million, four sources said, in New Delhi's biggest effort to secure supplies of the key EV battery metal.

28/03 Dollar hovers ahead of PCE and tariff onslaught

The dollar was headed for a steady week on Friday and a quarterly loss next week as concern about tariffs slowing U.S. growth has pushed down U.S. yields, stocks and the currency.

28/03 Oil holds near one-month high, set for third week of gains amid supply woes

Oil prices held near one-month highs on Friday and were poised for a third weekly gain on a tightening global supply outlook after the U.S. imposed tariffs against countries buying oil and gas from Venezuela and placed restrictions on Iranian oil trade.

28/03 Asia stocks slide, gold hits record high on US tariffs

Asian stocks fell on Friday with heavy selling in South Korea and Japan while safe-haven gold hit a record high as the latest tariff salvo from U.S. President Donald Trump stoked investor worries of an all-out trade war.

27/03 Gold rises as fears mount over Trump's reciprocal tariff plans

Gold prices rose on Thursday as U.S. auto tariffs ratcheted up global trade tensions ahead of an April 2 deadline for reciprocal tariffs from the world's largest economy.

27/03 Exclusive: India set to double investment limit for foreign individuals, sources, memo say

India's central bank is set to double to 10% a cap on investment by individual foreign investors in listed companies, as it aims to boost capital inflows, according to two senior government officials and documents reviewed by Reuters.

27/03 JLR-parent Tata Motors, Tesla's Indian suppliers skid on US auto tariffs plan

India's Tata Motors and the country's auto parts makers that supply Tesla , among others, dropped on Thursday after U.S. President Donald Trump announced plans for 25% tariffs on all imported cars and auto parts.

27/03 Euro at three-week low as Trump imposes auto tariffs

The euro weakened to a three-week low on Thursday and the yen was steady against the dollar after U.S. President Donald Trump slapped a 25% tariff on imported cars and light trucks starting next week as the looming all-out trade war dims risk sentiment.

27/03 Oil up on tighter supply risks; views mixed on Trump's auto tariff impact

Oil prices nudged higher on Thursday on concerns about tighter global supply after the U.S. tariff threat on Venezuelan oil buyers, while market players also grappled with the impact of Donald Trump's latest announcement on auto-sector tariffs.

27/03 Stocks skid, dollar at 3-week top as Trump announces auto tariffs

Asian shares skidded with Wall Street on Thursday while the dollar climbed to a three-week high after U.S. President Donald Trump announced new tariffs on all auto imports, ratcheting up a global trade war that risks fuelling inflation.

25/03 Exclusive: India eyes tariff cut on $23 bln of US imports, to shield $66 bln in exports, sources say

India is open to cutting tariffs on more than half of U.S. imports worth $23 billion in the first phase of a trade deal the two nations are negotiating, two government sources said, the biggest cut in years, aimed at fending off reciprocal tariffs.

25/03 Data lifts dollar as Trump talks tariffs

The dollar hit a three-week high on the yen early on Tuesday and was firm across the board after some strong U.S. services data and cautious optimism on the tariff front.

25/03 Oil prices little changed as investors weigh impact of Trump tariffs

Oil prices barely moved on Tuesday as investors weighed the impact of U.S. tariffs on countries buying oil and gas from Venezuela against the effect of tariffs on industries such as automobiles on the global economy and oil demand.

25/03 Asian stocks rise on easing tariff worries; dollar perks up

Asian stocks rose on Tuesday, taking cues from the Wall Street, as the prospect of narrower-than-feared U.S. tariffs boosted risk appetite, while the dollar hovered near three-week highs after upbeat economic data provided some comfort.

24/03 After the gold rush: Asian, Mid-East sellers flood jewellery market

As gold prices jump to successive highs, jewellers across Asia and the Middle East are grappling with displays losing their sparkle as customers race to cash in their old jewellery and coins.

24/03 Oil slips as investors monitor Russia-Ukraine ceasefire talks

Oil prices slipped on Monday as investors assessed the outlook for ceasefire talks aimed at ending the Russia-Ukraine war, which could lead to an increase in Russian oil to global markets.

24/03 Futures buoyant as markets sail toward tariff storm

Financial markets made an optimistic start on Monday with U.S. stock futures rising and the dollar firm ahead of a week driven by data, and the threat of steep U.S. tariff hikes on the horizon.

21/03 Wall St follows European stocks lower, dollar rises on tariff uncertainties

U.S. stocks followed their European counterparts lower and the dollar strengthened on Friday with few catalysts to stoke investor risk appetite amid lingering economic uncertainties and churning geopolitical tension.

21/03 Dollar edges up versus euro as traders book gains

The dollar edged up against the euro on Friday, on pace for its first weekly gain this month, as investors booked profits from the common currency's recent advance and as the approaching April 2 deadline for reciprocal U.S. tariffs prompted caution.

20/03 Oil prices rise on demand outlook strength, weaker US dollar

Oil prices rose on Thursday, boosted by a strong outlook for demand in the United States after fuel inventories fell more than expected, and a weaker U.S. dollar.

20/03 Asia shares track Wall Street higher as investors assess Fed outlook

Asia shares edged up on Thursday after a Wall Street rally as investor sentiment was lifted by the prospect that the Federal Reserve could still deliver two rate cuts this year, though the gains were limited by a pullback in Chinese equities.

19/03 Oil rises on US fuel demand, Fed rate decision caps gains

Oil prices edged up on Wednesday after U.S. government data showed a draw in fuel inventories, but the Federal Reserve's decision to hold interest rates steady capped gains.

19/03 Dollar pares gains as Fed holds rates, forecasts slower growth

The dollar pared gains against the euro on Wednesday, after the Federal Reserve held interest rates steady as expected, but indicated policymakers expect to cut borrowing costs by half a percentage point by the end of this year.

19/03 Asian stocks meander, yen soft as BOJ stands pat on rates

Asian stocks were subdued on Wednesday and gold hovered near record highs as economic worries and a shifting geopolitical landscape kept risk appetite in check, while the yen was slightly weaker after the Bank of Japan held rates as expected.

19/03 Foreign investors jilt India as growth falters and China beckons

Global investors are deserting India's stock market, selling shares at a record pace to buy Chinese stocks instead, in a dramatic reversal of fortunes for the Asian giants over the last six months.

11/03 Global stocks selloff pauses as investors catch their breath

Tumbling stock markets and rallying Treasuries steadied somewhat in Europe, as a modicum of calm returned to markets after the previous day's dramatic moves when the Nasdaq saw its biggest one-day fall in over two years.

11/03 Oil prices inch up despite tariff concerns, slowdown fears

Oil prices pared earlier losses to inch up during trade on Tuesday, despite concerns over a potential U.S. recession, the impact of tariffs on global growth and as OPEC+ sets its sight on ramping up supply.

10/03 Financials, metals help India's benchmarks eke out gains

India's benchmark indexes eked out gains in early trades on Monday, helped by financial services and metal stocks, even as U.S. tariff uncertainties loomed.

10/03 Rupee slumps on strong demand to buy dollars at daily fix, weak yuan

The Indian rupee weakened on Monday on the back of strong demand to buy dollars at the daily reference rate and as the Chinese yuan slipped amid worries about the country's economy and a global trade war.

10/03 Oil prices decline as tariff uncertainty keeps investors on edge

Oil prices fell on Monday as concern about the impact of U.S. import tariffs on global economic growth and fuel demand, as well as rising output from OPEC+ producers, cooled investor appetite for riskier assets.

10/03 Stocks fall, yen gains on Trump trade war, China deflationary woes

Wall Street futures sank and the safe-haven yen and Swiss franc strengthened early on Monday as building deflationary pressures in China added to growth worries from a fading U.S. economy and an escalating global trade war.

08/03 COVID-19 shut us down five years ago. Here's how its economic impact continues

Five years after the World Health Organization first described the COVID-19 coronavirus outbreak as a pandemic, its effects are still being felt on the global economy.

07/03 US pushes India to lower tariffs, buy more defence products for fair new deal

India needs to buy more defence products and lower its tariffs on U.S. products for the two countries to be able to sign a "grand" bilateral deal, U.S. Commerce Secretary Howard Lutnick told India Today television on Friday.

07/03 China loses private jets as other Asian growth spots emerge

A sharp fall in the number of private jets based in China in recent years shows the impact a weakening domestic economy, anti-corruption drives and the pandemic have had on the country's wealthiest, according to business aviation industry data and experts.

07/03 Global coffee trade grinding to a halt, hit hard by brutal price hikes

Global coffee traders and roasters say they have slashed their purchases to minimal levels, as the industry reels from a steep surge in prices that suppliers have yet to convince retail stores to accept.

07/03 Oil set for biggest weekly drop since October on tariff uncertainty, supply gains

Oil prices were little changed on Friday but were set for their biggest weekly decline since October as the uncertainty around U.S. tariff policy is creating concerns about demand growth at the same time major producers are set to increase output.

07/03 Stocks stumble, bond selloff abates as investors take stock of US trade policy

Investors were met with some calm on Friday after a turbulent week besieged by U.S. trade policy confusion and a global rise in borrowing costs, as a steep selloff in bonds abated and currencies steadied, though stocks tracked Wall Street lower.

06/03 Investors stay bearish on Asian currencies as trade war intensifies

Investors maintained their short bets on most Asian currencies as they assessed the prospects of an escalating global trade war after U.S. President Donald Trump's tariffs on major trading partners, a Reuters poll showed on Thursday.

06/03 Stocks rise as tariff tensions ebb; euro firms ahead of ECB decision

Asian stocks rose on Thursday as investors held out hope that trade tensions could ease after U.S. President Donald Trumpexempted some automakers from tariffs for a month, while the euro stood tall ahead of the European Central Bank's meeting.

06/03 Oil climbs from multi-year low, tariff concerns and rising supply weigh

Oil prices rose on Thursday after heavy sell-offs drove the market to a multi-year low, however tariff uncertainties and a rising supply outlook capped gains.

05/03 US eyes zero tariff on cars in India trade deal as Tesla entry nears, sources say

The United States wants India to eliminate tariffs on car imports under a proposed trade deal between the two nations, but New Delhi is reluctant to immediately bring down such duties to zero even as it considers further cuts, sources told Reuters.

05/03 Dollar droops on Trump trade war; Hang Seng gains as NPC begins

The U.S. dollar hovered near a three-month low against major peers on Wednesday after the latest round of U.S. tariffs and countermeasures from Canada and China fuelled an escalating trade war.

04/03 Canadian dollar, Mexican peso at one-month low as US tariffs set to take effect

The Canadian dollar and the Mexican peso hunkered near their lowest in a month on Tuesday as trade war fears sapped sentiment after U.S. President Donald Trump said 25% tariffs on goods from the two neighbouring countries will take effect on Tuesday.

04/03 Oil prices slide on Ukraine aid pause, tariffs and OPEC+ output increase

Oil prices continued to fall in on Tuesday after U.S. President Donald Trump paused military aid to Ukraine and as markets braced for U.S. tariffs on Canada, Mexico and China to take effect.

04/03 Stocks slump with bond yields as Trump pushes ahead with tariffs

Stocks slumped and bond yields slid on Tuesday in Asia as investors braced for an imminent escalation in a global trade war with new U.S. tariffs on Canada, Mexico and China set to go into effect within hours.

19/02 What's in Trump's new order on reciprocal US tariffs?

President Donald Trump on Thursday moved to tear up decades-old low U.S. tariff rates, raising them to match those of other countries and counteract other barriers to American goods to try to shrink a U.S. goods trade deficit that topped $1.2 trillion last year.

24/01 India antitrust body seeks official documents in Pernod Ricard probe

India's antitrust watchdog has sought additional information and documents from Delhi city authorities as it steps up an investigation into allegations of competition law violations by France's Pernod Ricard , a government document shows.

24/01 Earnings worries take shine off U.S. rate optimism to drag Indian shares

Indian shares gave up opening gains to inch lower on Friday, as worries over moderation in corporate earnings overpowered optimism about lower U.S. interest rates and oil prices.

24/01 Yen rises after BOJ hike; yuan, Antipodean peers get Trump boost

The yen swung between losses and gains in choppy trade shortly after the decision.

24/01 Asia shares buoyed by Trump's China comments, yen awaits BOJ

Global shares rose on Friday buoyed by the prospect of lower U.S. interest rates and a U.S.-China trade deal following comments from President Donald Trump, while the yen steadied ahead of a widely expected hike from the Bank of Japan.

23/01 Oil falls as Trump urges OPEC to lower prices

Oil fell 1% on Thursday after U.S. President Donald Trump urged Saudi Arabia and OPEC to bring down its cost during his address at the World Economic Forum.

23/01 A tech-savvy Maha Kumbh: India aims for a safer religious festival

Inspired by stories of families separated among the millions celebrating the weeks-long Maha Kumbh Mela, old Bollywood films often featured plots in which siblings got lost at the Hindu festival and were only reunited decades later.

23/01 Exclusive: India watchdog faults probe of Foxconn hiring, orders new inquiry

India's powerful human rights watchdog has admonished labor officials for failure to adequately investigate evidence of employment discrimination at Foxconn, which makes Apple iPhones, and told them to re-examine the matter, documents show.

23/01 Dollar treads water as Trump tariff clarity, central banks awaited

The dollar steadied against major peers on Thursday, continuing its near paralysis of the past two days before more concrete announcements on tariffs from U.S. President Donald Trump.

23/01 Consumer stocks weigh on Indian benchmarks at the open

India's benchmark indexes opened lower on Thursday, weighed down by consumer stocks after index heavyweight Hindustan Unilever projected near-term margin pressure due to slowing urban demand.

22/01 Oil eases to one-week low amid Trump tariff uncertainty

Oil prices eased to a fresh one-week low on Wednesday as the market considers how U.S. President Donald Trump's proposed tariffs could affect global economic growth and demand for energy.

22/01 Exclusive: OpenAI tells India court ChatGPT data removal will breach US legal obligations

OpenAI has told an Indian court that any order to remove training data powering its ChatGPT service would be inconsistent with its legal obligations in the United States, according to a recent filing seen by Reuters.

22/01 Dollar hits 2-week low as traders ponder Trump tariff plans

The dollar touched a fresh two-week low on Wednesday, as a lack of clarity on President Donald Trump's plans for tariffs kept financial markets guessing and left the greenback struggling to regain ground against major currencies.

22/01 Wealthy Indians tap into bathroom luxury with $18,500 smart toilets

In India's polluted northern city of Kanpur, Rajat Ghai has a penchant for Rado watches and Louis Vuitton shoes. Now, as the 31-year-old entrepreneur builds his dream home, he is indulging his designer tastes with a luxury bathroom.

22/01 India's benchmark indexes open marginally higher

India's benchmark indexes opened marginally higher on Wednesday, after hitting a more than seven-month low in the previous session on uncertainties over U.S. policy under President Donald Trump and worries over domestic corporate earnings.

22/01 Stocks bask in Trump glow, tariff uncertainty weighs on dollar

Global stocks gained on Wednesday as a flurry of new policies from U.S. President Donald Trump combined with robust corporate earnings to bolster investor optimism, while tariff uncertainty kept the dollar near two-week lows.

21/01 Rupee finds breathing room but choppy dollar obstructs rally

The Indian rupee strengthened on Tuesday after Donald Trump held off on implementing trade tariffs on his first day as U.S. President but said he is considering levies on imports from Canada and Mexico, prompting the dollar to pare initial losses.

21/01 Shares and Treasuries choppy on Trump's plans for tariffs

Global shares and U.S. Treasuries were volatile on Tuesday, reversing a brief relief rally from early in the session in the first few hours of Donald Trump's new presidency after he announced plans for trade tariffs on neighbouring countries.

20/01 Dollar dives as Trump team hints at delay to tariffs

The dollar took a dive on Monday after U.S. President-elect Donald Trump was quoted as saying he will not impose trade tariffs straight after his inauguration, which is set to take place later in the session.

20/01 Trump's inauguration billionaires, CEOs: Ambani, Zuckerberg, Bezos attend church, ceremony

Tech billionaires, foreign diplomats and CEOs shadowed U.S. President Donald Trump on Monday, with several attending St. John's Church in Washington and seated prominently on the dais in the U.S. Capitol ahead of his speech.

20/01 Heineken's United Breweries to resume beer supply to Indian state

Heineken's Indian unit United Breweries will resume beer supplies to India's Telangana state, the company said on Monday, weeks after it halted supply over pricing and non-payment of dues by the state government.

20/01 Oil slips as investors eye Trump move on Russian export curbs

Oil prices fell on Monday as expectations of U.S. President-elect Donald Trump relaxing curbs on Russia's energy sector in exchange for a deal to end the Ukraine war offset concern of supply disruption from harsher sanctions.

20/01 Signs of rising asset quality stress spook Indian bank stocks

The stock prices of Indian private lenders that have reported an increase in bad loans in their personal loans and micro-credit businesses are bearing the brunt of investors' fears of a U-turn in the asset-quality cycle for the country's banks.

17/01 Ambani venture to livestream Coldplay show in Ahmedabad

British rock-band Coldplay has partnered with Indian billionaire Mukesh Ambani's broadcast venture to livestream one of its two upcoming concerts in Ahmedabad, as international artists step up efforts to reach Indian fans.

17/01 Exclusive: First Indian space startups picked for Indo-US defence programme

Seven Indian firms including space imaging companies and rocket makers have been chosen.

17/01 Oil prices climb on supply fears, Fed rate cut hopes

Oil prices climbed on Friday, heading for a fourth weekly gain, driven by concerns over tighter supply following U.S. sanctions on Russian oil producers and signals from a Federal Reserve official of potential interest rate cuts.

17/01 Asia stocks fall despite China GDP beat; bond yields drop with Fed in focus

The tone in global stocks turned weaker on Friday as Asian shares tracked overnight losses on Wall Street, even as bond yields slid amid a revival in bets that the Federal Reserve will cut interest rates in June.

16/01 Hindenburg founder to close short-seller behind Adani, Nikola selloffs

Hindenburg Research's founder said he would disband the firm whose reports sparked heavy selling by investors and investigations by authorities, wiping billions from the market values of companies including India's Adani Group and U.S.-based Nikola .

16/01 Carmakers in India plan EV onslaught in 2025 despite slowing global demand

Automakers operating in India plan to launch close to a dozen new electric car models this year, many in the premium market, with longer driving ranges and faster charging times, to attract buyers as demand for EVs slows down globally.

16/01 Stocks rise with US rate cuts back in view; yen at one-month high

Asian shares tracked Wall Street higher on Thursday and the dollar was soft as easing core U.S. inflation kept potential rate cuts by the Federal Reserve on the table, while the yen rose to a one-month high on rate hike bets.

15/01 Kashmir's saffron growers experiment with indoor farming as climate pressures mount

Tucked in a valley beneath the snow-capped Himalayas of the Indian Kashmir region is the town of Pampore, famed for its farms that grow the world's most expensive spice - the red-hued saffron.

15/01 Oil inches up, but uncertainty over sanctions impact caps gains

Oil prices rose on Wednesday trimming losses from the previous day, as the focus turned back to potential supply disruptions from sanctions on Russian tankers, though gains were capped as the market awaited more clarity on their impact.

15/01 Traders mark time ahead of US CPI, bank earnings

Global markets treaded water on Wednesday ahead of U.S. consumer price data that could potentially lower the possibility for a rate cut this year, while investors waited to see if earnings of big banks would match sky-high expectations.

15/01 Dollar rally pauses ahead of US inflation test

The dollar's towering rally hit a speed bump on Wednesday as traders turned cautious ahead of a closely watched U.S. consumer inflation report due later in the day, making them hesitant to take on new positions.

15/01 Google-backed Pixxel successfully launches India's first private satellite constellation

India's space tech startup Pixxel launched three of its six hyperspectral imaging satellites aboard a SpaceX rocket from California on Tuesday.

14/01 Dollar clings to 2-year high as US rates, tariffs in focus

The dollar hung near its highest in more than two years on Tuesday as traders scale back U.S. rate cuts in 2025 after strong economic data, while investor worries about Britain's fiscal health kept frail sterling in the spotlight.

13/01 China, India seek new supplies as US sanctions tighten grip on Russian oil

Chinese and Indian refiners are seeking alternative fuel supplies as they adapt to severe new U.S. sanctions on Russian producers and tankers that are designed to curb the revenues of the world's second-largest oil exporter.

13/01 Towering dollar after solid jobs data leaves peers struggling

The dollar began the week on a strong note on Monday, leaving its peers languishing near multi-year lows after a blowout U.S. jobs report that underlined the outperformance of the world's largest economy versus the rest of the world.

13/01 Oil hits more than 3-month high as US sanctions hit Russia exports

Oil prices hit their highest level in more than three months on Monday's open, extending their rally on expectations that wider U.S. sanctions will affect Russian crude supplies to the world's top and third largest importers China and India.

13/01 Shares slip in Asia, dollar firm as inflation, earnings loom

Asian shares slipped on Monday while the dollar held near 14-month peaks after an unambiguously strong payrolls report shoved up bond yields and tested lofty equity valuations just as the earnings season gets under way.

12/01 Tougher U.S. sanctions to curb Russian oil supply to China and India

Chinese and Indian refiners will source more oil from the Middle East, Africa and the Americas, boosting prices and freight costs.

12/01 India's TCS expects retail, manufacturing revival after banking recovery

India's Tata Consultancy Services expects its retail and manufacturing clients in North America to step up spending on tech, following a similar upturn in its banking and financial services segment, a top executive of the nation's No. 1 software-services exporter, said.

11/01 IMF chief sees steady world growth in 2025, continuing disinflation

The International Monetary Fund will forecast steady global growth and continuing disinflation when it releases an updated World Economic Outlook on Jan. 17, IMF Managing Director Kristalina Georgieva told reporters on Friday.

10/01 US to impose sanctions on Russian oil fleet and traders, document shows

The United States will impose some of the harshest sanctions yet on Russia's oil industry, according to a purported U.S. Treasury document circulating among traders in Europe and Asia that drove global oil prices 3% higher on Friday.

10/01 Dollar holds onto gains ahead of US jobs data; sterling slips

The dollar looked set to log a sixth straight week of outperformance against other currencies on Friday, underpinned by elevated bond yields and expectations of another strong set of U.S. job numbers, while sterling continued to slide.

10/01 Stocks fall, US yields near 8-month high ahead of jobs data

Global share markets were under pressure on Friday as investors counted down to a U.S. jobs report later in the day that could exacerbate or ease the sell-off in the global bond market, while the dollar stood near two-year highs.

10/01 India's TCS jumps 4% on signs of demand revival

Shares of India's No. 1 software services exporter Tata Consultancy Services jumped 4% in early trade on Friday, set for their best day since late-November, as the company signalled it was seeing signs of a demand revival.

10/01 Oil set for third straight weekly gain on winter fuel demand

Oil prices rose in early Asian trade and were on track for a third straight week of gains with icy conditions in parts of the United States and Europe driving up fuel demand for heating.

09/01 Mercedes to expand in India's smaller cities as younger generations splurge

Germany's Mercedes-Benz , fresh off a year of record sales in India, plans to add another 20 dealerships or service outlets in 2025 - mainly in smaller cities where young, well-travelled business owners are indulging in luxury goods.

09/01 India's small, mid-cap funds boost overall flows into equity mutual funds in December

Inflows into India's equity mutual funds rose about 15% month-on-month in December, with investors continuing their buying spree unaffected by the prospect of fewer U.S. rate cuts in 2025 and worries of likely moderation in earnings.

09/01 India's benchmark indexes off to a muted start

India's benchmark indexes opened little changed on Thursday, tracking other Asian peers, as investors awaited December-quarter earnings for more direction.

09/01 Buoyant dollar keeps pound, euro and yen under pressure

The U.S. dollar charged ahead on Thursday underpinned by rising Treasury yields, putting the yen, sterling and euro under pressure near multi-month lows amid the shifting threat of tariffs.

08/01 Oil prices down on US fuel stocks build, dollar strength

Oil prices fell more than 1% on Wednesday as a stronger dollar and large builds in U.S. fuel inventories last week pressured prices, reversing earlier gains driven by tightening supplies from Russia and other OPEC members.

08/01 Asia dollar bond volumes seen rising 20% as China deals gather pace

Asian dollar bond issuance is expected to rise around 20% in 2025 over last year, driven by Chinese debt deals and as U.S. interest rate cuts make it more affordable for companies to issue dollar bonds rather than local currency debt.

08/01 Tarrified: Markets feeling the most pinch from Trump tariff risks

From China to Europe, Canada to Mexico, world markets are already reeling from Donald Trump's promise to jack up tariffs when he becomes U.S. president in less than two weeks.

08/01 India's Modi looks to new economic playbook as risks mount

After world-beating economic growth last year, India's policymakers are scrambling to head off a sharp slowdown as worsening global conditions and domestic confidence wipe out a recent stock market rally.

08/01 Oil prices up on tighter OPEC supply, US jobs data

Oil prices rose on Wednesday as supplies from Russia and OPEC members tightened, while data showing an unexpected increase in U.S. jobs openings pointed to expanding economic activity and consequent growth in oil demand.

08/01 Asian stocks slip, dollar bolstered by US rate outlook

Asian stocks drifted lower on Wednesday, with a robust dollar keeping the yen pinned near six-month lows as traders wagered the Federal Reserve will likely be slow in cutting rates after data showed the U.S. economy and labour market remained stable.

07/01 Microsoft to invest $3 billion to expand AI, cloud capacity in India

Microsoft will invest about $3 billion to expand capacity for artificial intelligence and its Azure cloud-computing services in India, CEO Satya Nadella said on Tuesday.

07/01 Oil prices extend losses, firmer dollar and supply outlook weigh

Oil prices extended losses into a second straight session on Tuesday on technical correction after last week's rally, while forecasts for ample supply and a firm dollar also weighed.

07/01 Asia shares rise on prospect of softer Trump tariffs

Asia shares rose on Tuesday, tracking Wall Street's positive lead and as some investors hoped incoming U.S. President-elect Donald Trump could adopt a less aggressive tariff stance than promised when he takes office.

07/01 Dollar trades near one-week low as market ponders Trump tariffs

The U.S. dollar hovered near a one-week low versus major peers on Tuesday as traders considered whether President-elect Donald Trump's tariffs would be less aggressive than promised.

06/01 Dollar rally pauses; yuan slides to 16-month low

The dollar eased on Monday but held close to a two-year peak, as traders awaited a raft of U.S. economic data this week headlined by December's nonfarm payrolls report for further clues on the Federal Reserve's rate outlook.

06/01 India's services sector ended 2024 on a strong footing, PMI shows

India's dominant services sector ended 2024 on a high note as sustained demand boosted activity to a four-month high and led to strong hiring in December, while inflationary pressures eased, a survey showed.

06/01 Oil hovers at highest since Oct on cold weather, China stimulus

Oil prices hovered at their highest since October on Monday as investors eyed the impact on global fuel demand from colder weather in the Northern Hemisphere and Beijing's economic stimulus measures.

06/01 Shares patchy in Asia, Canadian dollar up on Trudeau report

Share markets got off to a patchy start in Asia on Monday ahead of a week brimming with economic news that should underline the relative outperformance of the United States and support the dollar's ongoing bull run.

03/01 Oil rises from two-month highs on optimism over policy support for growth

Oil prices extended their gains on Friday after closing at their highest in more than two months in the previous session on hopes governments across the world may increase policy support to revive economic growth that would lift fuel demand.

03/01 Asian stocks rise, dollar at two-year high as US rates, Trump in focus

Asian stocks rose on Friday, aiming to shrug off a lacklustre start to 2025, while the dollar was perched at a two-year high against a basket of currencies as investors fret about U.S. rates staying higher for longer.

02/01 India's Dec factory activity growth hits 2024 low, PMI shows

India's manufacturing activity grew in December at its weakest pace for the year amid softer demand and despite easing cost pressures and strong jobs growth, a survey showed, dulling the outlook for the start of 2025.

02/01 Financials lead Indian benchmarks higher at the open

India's benchmark indexes opened marginally higher on Thursday, led by financials after two brokerages highlighted stable asset quality and attractive valuations in the sector.

02/01 Oil rises as investors return from holidays, eye China recovery

Oil prices nudged higher on Thursday, the first day of trade for 2025, as investors returning from holidays cautiously eyed a recovery in China's economy and fuel demand following a pledge by President Xi Jinping to promote growth.

02/01 Asia's factories end 2024 on weak footing as Trump 2.0 risks mount

Asia's factory powerhouses ended 2024 on a soft note as expectations for the new year soured amid growing trade risks from a second Donald Trump presidency and persistently weak Chinese demand.

02/01 Asia shares get off to bumpy start in 2025 with Trump's policies in focus

Asian stocks began the year on a dour note on Thursday as they struggled for traction after a jittery close to 2024, while the U.S. dollar charged higher and investor sentiment stayed cautious ahead of Donald Trump's return to the White House.

02/01 Dollar starts 2025 higher; yen rooted at five-month lows

The U.S. dollar kicked off 2025 on the front foot on Thursday after a strong year of gain against most currencies, with the yen sliding toward its lowest level in more than five months as investors ponder U.S. interest rates staying higher for longer.

01/01 Foreign flows into India bonds to come off record highs in 2025

Foreign flows into Indian government bonds are set to decline in 2025, after spiking to a record high in 2024 as the debt got added to JPMorgan's emerging market debt index, investors said.

01/01 Indian shares set for marginal gains to start the new year

India's benchmark indexes are set to open marginally higher on Wednesday, the first session of 2025, with analysts expecting the markets to trade near current levels ahead of quarterly earnings season from next week.

31/12 Indian benchmarks underperform top peers in 2024 as earnings gloom, foreign outflows weigh

Indian benchmarks blazed to record highs in the first few months of 2024 but slowing corporate earnings and an exodus of foreign funds curtailed their annual gains to about 8.5%, the least among major global peers, and even pushed stocks into correction territory.

31/12 Dollar stands tall in 2024, propped up by cautious Fed, Trump trade

The dollar slipped on the last trading day of the year on Tuesday but was poised to clock strong gains in 2024 against almost all currencies as investors prepared for fewer U.S. rate cuts and the incoming Trump administration.

31/12 India's Adani Wilmar falls on Adani group's plan to offload stake

India's Adani Wilmar fell over 6% in early trade on Tuesday, a day after the Adani Group said it would sell its entire 44% stake in the consumer goods company in a $2 billion deal to focus on strengthening its infrastructure businesses.

31/12 Gold on track for best year in over a decade

Gold prices were little changed on Tuesday, the last trading day of an eventful year that saw the metal post its best annual performance in more than a decade.

31/12 Asian stocks, dollar hold their own to close out strong 2024

Asian stocks eased on Tuesday in cautious end-of-year trading that has seen investors scale back bets of deep U.S. rate cuts in 2025 and brace for the incoming Trump administration, with the dollar standing tall against most other currencies.

31/12 Oil rises on expanding Chinese factory activity, but set to end year lower

Oil prices rose in early trade on Tuesday after data showed China's manufacturing activity expanded in December, but for a second consecutive year oil was on track to end lower due to demand concerns in top consuming countries.

30/12 Indian banks' gross bad loan ratio may edge up by March 2026, central bank report says

Indian banks' gross bad loan ratio may rise from a 12-year low if risks emanating from credit quality, interest rates and geopolitics play out, a report published by the central bank on Monday showed.

30/12 India's Adani Group to sell stake in joint venture to Wilmar for $1.4 billion

The Adani Group will sell its stake in consumer goods firm Adani Wilmar to joint venture partner Wilmar International for 123.14 billion rupees ($1.44 billion) as the Indian conglomerate sharpens its focus on infrastructure projects.

30/12 Shares muted in Asia, high yields test lofty valuations

Asian shares made a muted start to the week on Monday as high Treasury yields challenged rich Wall Street equity valuations while underpinning the U.S. dollar near multi-month peaks.

30/12 Gold edges up as focus shifts to incoming Trump administration

Gold prices ticked up on Monday, while investors looked forward to the U.S. Federal Reserve's interest rate outlook and President-elect Donald Trump's tariff policies, which could shape the metal's 2025 trajectory.

30/12 Auto, IT drag India's benchmark indexes lower

India's benchmark indexes fell marginally at the start of the week, dragged by information technology and auto stocks, in thin volume trade ahead of the end of 2024.

30/12 Oil inches lower in thin trade, investors eye China, US data

Oil prices slipped lower on Monday in thin holiday trade ahead of the year-end as traders awaited more economic data from China and the U.S. later this week to assess growth in the world's two largest oil consumers.

27/12 India household spending on non-food items rises as urban-rural gap narrows

Indian household spending on non-food items such as transport, garments and entertainment rose in both rural and urban areas in 2023/24 while outlays on staples like wheat and rice dropped, a government report showed on Friday.

27/12 India's current account gap narrows to 1.2% of GDP in July-Sept, central bank says

India's July-September current account deficit narrowed marginally from a year earlier amid a rise in services exports, the central bank said on Friday.

27/12 Osamu Suzuki, who led Japanese automaker into India, dies at 94

The ingenious pennypincher who led Japan's Suzuki Motor for more than four decades and played a key role in turning India into a flourishing auto market has died.

27/12 Indian economy to grow at around 6.5% in FY25, government says

India's economy is expected to grow at around 6.5% in fiscal year 2024/25, closer to the lower end of its 6.5%-7% projection, as global uncertainties pose a dampening threat, the government said on Thursday.

27/12 Yen hovers near 5-month low as BOJ's cautious stance weighs

The yen hovered near a five-month low to the dollar on Friday as the U.S. Federal Reserve's hawkish messaging contrasted with the Bank of Japan's cautious approach to further policy tightening.

27/12 Asian stocks drift, yen at 5-month low in thin year-end trading

Asian stocks wobbled on Friday while the dollar was steady, keeping the yen rooted near five-month lows in thin year-end trading as investors looked ahead to 2025, when the Federal Reserve is expected to be measured in its interest rate cuts.

26/12 Gold rises on safety demand as markets look to 2025 in holiday lull

Gold prices rose on Thursday, driven by safe-haven demand amid light trading volumes following the Christmas holiday, as markets await signals regarding the U.S. economy under the incoming Trump administration and Federal Reserve's rate strategy for 2025.

26/12 Dollar edges up on bets of US growth, inflation

The U.S. dollar edged higher on Thursday on expectations the currency would be boosted next year by policies by the incoming Donald Trump administration that are expected to boost growth and lift inflation.

26/12 Indian banks' balance sheets stay robust, bad loans decline more, central bank report says

Indian banks' financial position has stayed robust, marked by the sustained expansion in loans and deposits, while their gross bad loan ratio has dropped to multi-year lows, a central bank report showed on Thursday.

26/12 India considers cutting personal income tax to lift consumption, sources say

India is considering cutting income tax for individuals making up to 1.5 million rupees ($17,590) a year in February's budget to provide relief to the middle class and boost consumption as the economy slows, two government sources told Reuters.

26/12 Indian rupee drops to all-time low against US dollar

The Indian rupee dropped to a lifetime low versus the U.S. dollar at open on Thursday, bogged down by higher U.S. Treasury yields and the dip in most Asian peers.

26/12 Dollar stays resilient, Asia shares get festive lift

Asia shares rose slightly in holiday-thinned trade on Thursday, extending gains from earlier in the week with little news or data in the way to alter their direction of travel, while the dollar was perched near a two-year high.

24/12 Exclusive: India reviews $30 billion sulphur-cutting programme for coal plants

India is reviewing a decade-old $30 billion programme requiring coal-fired power plants to install equipment to cut sulphur emissions after government-backed studies showed they had little impact on curbing pollution, according to a document reviewed by Reuters.

24/12 Oil prices rise in thin pre-Christmas trade

Oil prices rose on Tuesday, reversing the prior session's losses, buoyed by slightly positive market outlooks for the short term and stronger U.S. economic data, despite thin trade ahead of the Christmas holiday.

24/12 Asia shares rise, dollar underpinned by elevated bond yields

Asian stocks edged up on Tuesday, though moves were subdued in a holiday-curtailed week, while the greenback held near a two-year high helped by elevated U.S. Treasury yields as investors prepared for fewer Federal Reserve rate cuts in 2025.

23/12 Markets in 2024: Wall Street's high-octane rally keeps investors captive to the US

Markets that began the year with investors expecting a global stock rally to fizzle, swift U.S. interest rate cuts to boost Treasuries and soften the dollar and emerging market currencies to strengthen have firmly defied that consensus.

23/12 Brace! Risks stack up for the global economy in 2025

Uncertainty looms with potential Trump tariffs and global conflicts.

23/12 Oil prices firm on hopes of US policy support for economic growth

Oil prices inched higher on Monday, along with other risk assets, after U.S. data showed cooling inflation, reviving hopes of further policy easing next year that will support global economic growth and oil demand.

23/12 Asia shares rally on US inflation relief

Asian shares rallied on Monday after a benign reading on U.S. inflation restored some hope for further policy easing next year, while there was relief that Washington had averted a government shutdown.

20/12 India steel imports from China hit record high, data shows

India's finished steel imports from China reached an all-time high during the first eight months of the fiscal year to March 2025, provisional government data showed, adding to concerns among domestic mills about cheap shipments from China.

20/12 Rupee hits record low before recovering slightly, weekly losses persist

The Indian rupee slipped to its all-time low on Friday before turning course to end modestly higher, aided by likely dollar inflows, although its losing steak persisted into a seventh straight week.

20/12 Oil prices fall on demand concerns, strong dollar

Oil prices fell in early trading on Friday on worries about demand growth in 2025, especially in top crude importer China, putting global oil benchmarks on track to end the week down more than 2%.

20/12 Asian shares pinned near three-month lows, dollar towers at 2-yr peak

Asian shares were pinned near three-month lows on Friday as investors awaited key U.S. inflation data that could either ease or worsen concerns about price pressures, while the dollar towered at two-year peaks.

19/12 Dollar rally stalls as market digests Fed's cooler approach to easing

The dollar on Thursday edged back from a two-year peak hit the prior session after the Federal Reserve signaled a much slower pace of rate cuts in 2025, while the yen slid after the Bank of Japan stood pat on rates.

19/12 UN peacekeepers guard Congolese farmers working their fields

Under a scorching sun in Democratic Republic of Congo, many of the farmers tending to their fields in the troubled eastern region are guarded by United Nations peacekeepers.