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Govt extends export period for 800,000 tonnes of sugar to July 20

Last month, the world's biggest producer of the sweetener gave its mills until July 5 to export the sugar, but some mills missed doing so because of heavy rains

Oil prices head for weekly loss as recession fears trump tight supply

Brent crude rose 35 cents, or 0.3%, to $105.00 a barrel by 1045 GMT and U.S. West Texas Intermediate crude gained 19 cents, or 0.2%, to $102.92

Mahindra aims to lead electric SUV sales in India with new EV unit

India's EV market, dominated by Tata Motors, represents only 1% of the country's annual sales of about 3 million vehicles

India equity MF inflows to remain soft in current quarter: Industry body

Inflows in India's equity mutual funds dropped more than 16% in June compared with May and are likely to remain weak in the current quarter due to worries over interest rate hikes and inflation

How Indian cement maker Ultratech bought Russian coal using yuan

There is no suggestion that the purchase, the particulars of which have not previously been reported, in any way breaches sanctions imposed on Russia in the wake of its invasion of Ukraine

Safety-bid lifts yen 0.5% against dollar after former PM Shinzo Abe shot

The yen rose as much as 0.5% immediately after the news, before steadying around 135.60 per dollar

Japan's Shinzo Abe sought to revive economy, fulfil conservative agenda

Abe, 67, appeared to have been shot during a campaign speech on Friday, national broadcaster NHK reported

Asian stocks track Wall Street gains as fears of economic slowdown cool

Japan's Nikkei index was up 1.23% at 26,817.24 in morning trade, its highest mark since June 29th

Oil dips as investors torn by tight supply worries and recession fears

Oil prices slipped in early Asian trade after a rebound in the previous session, as investors remained torn between worries over tight global supplies and fears a recession could dampen demand

Oil prices rise by over $5 as tight supply outweighs recession fears

Traders are bracing for oil supply disruptions at the Caspian Pipeline Consortium, which has been told by a Russian court to suspend activity for 30 days

Merck in advanced talks to buy Seagen in nearly $40-bn deal: Report

Seagen has several clinical-stage oncology candidates, as well as four approved drugs including breast cancer therapy Tukysa

Gold sector finds reprieve after selloff as US dollar rally cools

By Arundhati Sarkar

Wall Street rises as rate hike fears ebb; GameStop gains on stock split

Weekly jobless claims unexpectedly rise; Samsung results boost chipmakers

With Johnson quitting as UK PM, who could replace him: Here are a few names

Sajid Javid, Rishi Sunak, Ben Wallace are among the few probables who could replace Johnson for the top job in UK govt

Inflation, CAD: RBI's moves to stabilise rupee face many economic hurdles

The steps came after the RBI's foreign exchange reserves fell by more than $40 billion over the past nine months, largely due to its intervention in the currency market to curb rupee losses

Euro just off two-decade low, volatility at highest since March 2020

By Stefano Rebaudo

Ukraine raises flag on recaptured island as Russia makes gains in east

Ukraine hoists flag on recaptured Black Sea island; Russia carries out air strike on island; Russia consolidates gains in eastern Ukraine

Chipmakers revive global stocks as euro struggles after freefall

Looming rate hikes have created recession fears in minds of investors leading to stock price drops. However, chipmakers have soothed those fears by reviving stock prices and eased investors

Gold prices gain on bargain hunting after sharp losses, softer dollar

Gold prices have regained footing following some significant losses and a comparable softer US Dollar

Brent holds above $100 in tussle between supply and recession fears

By Noah Browning