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Gold prices rise as dollar retreats after US releases key jobs data

Spot gold rose 0.8% to $1,710.29 per ounce by 1:45 p.m. ET (1745 GMT). Prices were still down 1.5% for the week

Beijing Stock Exchange brings new business areas to improve SMEs market

The exchange issued draft rules for margin trading and securities lending on Friday, introduced its first benchmark index and launched a government bond issuance business.

G7 finance ministers agree to impose price cap on Russian oil

The ministers from the club of wealthy industrial democracies confirmed their commitment to the plan after a virtual meeting

Apple, Samsung may benefit as India aims to speed product safety approvals

The move comes as India scrambles to remove bottlenecks faced by businesses, with PM Modi bullish on an electronics hardware manufacturing industry his govt targets to be worth $300 billion by 2026

Singapore's GIC funds Indian rocket startup Skyroot ahead of first launch

The funding follows the Indian government's push to get the country's private sector to complement its state-run space programme known for its affordable launches and missions

Indian bond yields up for second straight day on debt supply woes

The benchmark 10-year Indian government bond yield ended at 7.2318%. The yield rose two basis points on Thursday to end at 7.2146%

World stocks eye 3% weekly loss, dollar sky high before US jobs data

Fresh lockdowns in China are also fuelling concerns about global growth, while high energy costs as a result of the war in Ukraine are weighing on European markets

Gold prices rise as dollar softens, but on track for third weekly fall

Spot gold rose 0.4% to $1,702.49 per ounce by 0801 GMT, but was down about 2% for the week so far

Shell's CEO Ben van Beurden prepares to step down next year: Reports

During his tenure van Beurden oversaw Shell's biggest acquisition in decades and steered the company through two major downturns

Norwegian energy firm Equinor completes Russia exit due to Ukraine war

Equinor had one asset left to divest from, a stake in the Arctic Kharyaga oilfield

Philippines' Megawide, partner selling airport project stakes for $440 mn

Philippines' Megawide Construction Corp and its Indian partner are selling their shares in an airport developer and operator, in a deal worth $439.8 million, Megawide said in a disclosure

Asian shares struggle, dollar at decades-high ahead of US payrolls report

Japan's Nikkei and Chinese bluechips were mostly unchanged, Hong Kong's Hang Seng index eased 0.2% and South Korea gained 0.5%

Oil firms on OPEC+ output cut bets to stem sinking prices amid weak growth

Oil prices climbed on Friday on bets that OPEC+ will discuss output cuts at a meeting on Sept. 5, but the benchmarks were still on track to post their worst weekly drop

Dollar at two-decade high, heads for third weekly gain as payrolls loom

A solid U.S. manufacturing survey overnight was enough to push the greenback above 140 yen for the first time since 1998 and it also hit a 2-1/2 year high against sterling

Gold drops below $1,700 against stronger dollar, interest rate hike bets

Gold prices fell below the key $1,700 level on Thursday for the first time since July, as a rising dollar and expectations for aggressive interest rate hikes eroded its appeal

NSE to add Adani Enterprises to benchmark index by removing Shree Cement

India's National Stock Exchange (NSE) will add Adani Enterprises, the flagship company of Indian coal-to-edible-oils conglomerate Adani Group, to its benchmark Nifty 50 index effective Sept 30

Dollar hits 20-year high as data support aggressive Federal Reserve

The U.S. currency firmed after a government report showed that the number of Americans filing new claims for unemployment benefits declined further last week

Starbucks Corp names former Reckitt head Laxman Narasimhan as new CEO

Narasimhan was CEO of Reckitt, which also makes Durex condoms, Enfamil baby formula and Mucinex cold syrup

India could approve sugar exports in two tranches from Oct: Report

India is set to allow sugar exports in two tranches for the next season beginning in October, as the world's biggest producer of the sweetener tries to balance the interests of farmers and consumers

CPPIB, Petronas, Arcelormittal among 13 to bid for NTPC's green energy unit

The Canada Pension Plan Investment Board (CPPIB), Malaysian state-run Petronas and Arcelormittal SA are among the 13 bidders for a minority stake in the green energy unit of India's NTPC Ltd