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Japan's yen weakens past 150 per dollar for first time since August 1990

The fragile yen briefly weakened past 150 per dollar in early European trading for the first time since August 1990. It was last trading flat a little below that level

Rupee can drop further to 84.50 against US dollar by year-end: Poll

The rupee slipped to a record low of 83.2150 on Thursday

Sebi clears govt proposal to turn Vodafone Idea dues into equity: Report

The govt's stake in Vodafone after the conversion could be more than 30%, says a govt official

Bearish bets on Asian FX stay firm on towering dollar, slowdown fears: Poll

Bearish bets on Asian currencies stayed firm due to the unrelenting strength of the US dollar, as ultra-hawkish posturing by most central banks globally stoked fears of recession, a poll showed

India's home sales, prices to rise, defying rate hikes: Puravankara CEO

Puravankara Ltd, one of India's top property developers, expects both prices and new home sales to rise in the near future, defying rising interest rates, a top company executive said

Oil prices rise on possible easing of Covid quarantine measure in China

Oil prices gained around $1 as investor sentiment rose on news that China is considering a cut in the duration of quarantine for inbound visitors

Rupee to drop further to 84.50 against dollar by year-end: Poll

The Indian rupee will fall further against the US dollar over the rest of the year, a Reuters poll on Thursday showed, setting up the currency for its steepest annual decline in at least nine years

Unseasonal rain, crop losses could keep India's food inflation high

Economists say annual headline inflation will likely start easing from September's 7.41% peak but price pressures on grains, vegetable, and milk will persist

Tesla flags its cars not ready to be approved as fully self-driving this yr

Tesla Inc's advanced driver assistant software won't gain regulatory approval in 2022, CEO Elon Musk said

Dollar rides surge in Treasury yields, yen treads near key 150 level

The dollar loomed over major peers as Treasury yields peaked at multi-year highs, while the yen tumbled to a fresh 32-year low and kept markets on high alert

India's economic growth outlook stagnates, stuck in lower gear: Report

India's economy will grow well below its potential over the next two years, with inflation staying above the mid-point of the RBI's tolerance band, according to a Reuters poll

Asia stocks slide as investors lose risk appetite, bond yields rise

Asian share markets fell on Thursday as investor fears over a looming recession crimped risk appetite, while Treasury yields rose on expectations that the Federal Reserve will remain aggressive

Gold [prices at three-week lows as dollar, bond yields stay elevated

Gold prices lingered at a three-week trough, pressured by rising US dollar and Treasury yields amid worries that the Federal Reserve will persist with sharp rate hikes

Oil prices start session mixed on uncertain demand, supply concerns

Oil prices opened mixed in early Asian trade on Thursday as investors balanced caution over tightening supply against lower demand projections

Putin declares martial law in four unilaterally annexed regions of Ukraine

Putin also instructed the government to set up a special coordinating council under Prime Minister Mikhail Mishustin to work with Russia's regions to boost Moscow's war effort in Ukraine

Braverman resigns as UK interior minister with veiled criticism of Truss

The departure of Braverman, over a 'technical' breach of government rules, means Truss has now lost two of her most senior ministers in less than a week

Wall Street struggles as losses in Abbott counter Netflix's gains

US 10-year Treasury yield at highest since July 2008; Netflix jumps after reversing customer losses; P&G, Travelers post upbeat earnings; PHLX Housing Index falls 3% on weak US housing data

Oil prices rise in tight market as US sets release of more reserves

Oil prices rose on Wednesday as caution over tightening supply countered the negative impact of uncertain Chinese demand growth and news that United States will release more crude from its reserves

Global steel demand downgraded, to drop 2.3% in 2022: WorldSteel

A global recovery in steel demand next year is still expected, mainly due to a rise in infrastructure spending, but the growth will be 1% instead of 2.2% as forecast earlier this year, the WSA said

Global copper market to have a surplus of 155,000 tonnes in 2023, says ICSG

Three-month copper on the London Metal Exchange was trading around $7,363 a tonne on Wednesday having declined more than 30% on growing recession fears since scaling a record peak of $10,845 in March