Gold Buoyant Before The Fed, Copper Rallies on China COVID Hopes
Gold prices held recent gains on Wednesday as the dollar steadied before the conclusion of a Federal Reserve meeting, while copper prices were lifted by speculation over China potentially relaxing its strict zero-COVID policy Spot gold steadied around $1,648.23 an ounce, while gold futures...
Oil Falls on Weak Chinese Data, Hawkish Fed Also Weighs
Oil prices retreated from a three-week high on Thursday after weak economic data from China pointed to more trouble in the world's largest crude importer, while the outlook for demand was also dimmed by the prospect of higher U.S. interest rates A private survey...
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Most Asian currencies moved little on Wednesday in anticipation of a Federal Reserve meeting, while the dollar crept higher as markets positioned for an interest rate hike and a potentially hawkish message from the central bank. The dollar firmed slightly against a basket of...
Musk to jury: Just Because I Tweet Something, Doesn’t Mean People Believe it
Elon Musk, Tesla (NASDAQ:TSLA) Inc's chief executive, testified on Friday that investors do not always react to his Twitter messages as he expects, defending himself in a fraud trial over his 2018 tweet that he had funding to take the electric carmaker private. Musk's...
“Rising Protests: Voices Against Conflict in Gaza Grow Louder in Brooklyn and US Universities”
Protests against Israel are growing, with people hitting the streets in Brooklyn and US universities. They want the fighting in Gaza to end and are speaking out against civilian harm. These protests are becoming more common, especially at East Coast universities. In the US,...
Maharashtra Govt Will Plan Film City Between Mumbai And Thane: CM Eknaath Shinde
Speaking at an event on Sunday where noted Marathi theatre actor Prashant Damle was felicitated for the 12,500th show of his play ‘Eka Lagnachi Gosht’, Shinde said the state government will support Marathi theatre and cinema The Maharashtra government will work on planning a...
PM Modi to launch healthcare projects, address rally in Gujarat today
Prime Minister Narendra Modi will launch various healthcare projects in Ahmedabad and address a rally in Rajkot on Tuesday, the third day of his visit to poll-bound Gujarat. The Assembly elections in the BJP-ruled state are due this year-end PM Modi will inaugurate healthcare...
Trade Spotlight What Should You Do Wth Britannia, SJVN, Apollo Tyres on Wednesday?
Apollo Tyres was also in focus, rising 4 percent to Rs 301, the highest ever closing level. The stock has formed strong bullish candle on the daily charts with above average volumes after consolidation for around one-and-half-month. The market extended its northward journey for...
Japan Upgrades Q3 GDP as Global Recession, COVID Risks Linger
Japan's economy, the world's third-largest, shrank less than initially estimated in the third quarter, bolstering a view that it is slowly recovering from COVID-19 doldrums even as major export markets show further signs of weakening. Separate data showed the economy had recorded its first...
Foreign land4discouse snap up Indian bonds set for inclusion in global indexes This company pays its employees to leave. Those on notice period get 10% hike
MUMBAI (Reuters) -Foreign investors have stepped up purchases in a clutch of Indian government bonds that have no limits on foreign investments ahead of an anticipated inclusion of Indian debt in global bond indexes, analysts said.
The central bank removed foreign investment caps for a...