Page 875 - Reuters

Wall Street slides, Dow Jones set for worst first-half since 1962

S&P 500 headed for worst first-half since 1970; the tech-heavy Nasdaq Composite came off session lows but was still set for its largest declines ever for the first-half

Biden says will see Saudi crown prince, won't push directly on oil

Weeks after taking office last year, Biden shifted US policy on Saudi Arabia, adopting a tougher stance over the kingdom's human rights record

HSBC to relaunch India private banking business within a year: Exec

HSBC will revive its private banking business by the end of this year, according to bank officials

Copper heads for biggest quarterly plunge since 2011 after China lockdowns

Copper prices fell on Thursday and were down almost 20% in the second quarter, the biggest quarterly fall since 2011, after COVID lockdowns in China and slowing economic growth curtailed demand.

June monsoon rains 8% below average, says weather department

India received 8% lower rainfall than average in June because of scanty rainfall in the central parts of the country, the state-run weather office said on Thursday.

Russian rouble up; Gazprom shares plummet after it skips dividend

Gazprom shares fell 27% to 218 roubles ($4.16) by 0941 GMT after the company said its shareholders had decided against distributing dividends on the 2021 results

World stocks slide on renewed economic fears, capping worst H1 on record

The share market has dipped worldwide looking at recession trends and inflation, posing some renewed economic concerns for investors

Telcos' 5G bids seen muted as private firms jostle for airwaves: Report

Top telecom giants have failed to lobby govt to stop private networks allocation that will let various enterprises to get airwaves without auction

Gold prices set for worst quarter since early 2021 as dollar dominates

Spot gold was flat at $1,817.01 per ounce by 0615 GMT. U.S. gold futures were little changed at $1,816.90

Buckle Up: How investors can deal with turbulence in crypto market

Bitcoin - the dominant cryptocurrency - fell from a high of more than $67,000 to its current level just below $20,000.

Asian shares in painful quarter, dollar in rude health amid recession fears

Japan's Nikkei fell 1.4%, though its drop this quarter has been a relatively modest 5% thanks to a weak yen and the Bank of Japan's dogged commitment to super-easy policies

Euro under pressure as inflation fears send investors to dollar haven

The euro was at $1.044, after losing 0.75% on the dollar the day before, and heading for a monthly decline of 2.7%

Oil prices increase as supply concerns outweigh US fuel stocks build

Brent crude futures for September, the more actively traded contract, rose 63 cents, or 0.6%, to $113.08 a barrel at 0250 GMT

Crypto crash threatens N. Korea's stolen funds as it ramps up weapons tests

Sudden plunge in crypto, which started in May amid a broader economic slowdown, complicates Pyongyang's ability to cash in on that and other heists, and may affect how it plans to fund its weapon prog

Gold choppy as investors weigh rate hikes against recession risks

Gold prices in a shaky situation as price hikes have created recession concerns among investors

Oil prices rise for 4th day on supply worries as US inventories down

Oil prices are increasing for the fourth consecutive day amid supply crisis amongst US inventories and fear on market recession

Sharp rate hike bets keep Wall Street subdued, Goldman Sachs lifts Dow

US economy contracted in Q1 amid record trade deficit; BofA upgrades Goldman Sachs, shares rise; General Mills rises as sales beat on higher prices; Bed Bath & Beyond replaces CEO, shares tumble

WHO warns 'sustained transmission' of monkeypox risks vulnerable groups

The virus has now been identified in more than 50 new countries outside the countries in Africa where it is endemic

China's easing Covid curbs spark travel inquiry surge, and caution

Unexpected moves mark a significant easing of rigid curbs that have severely curtailed travel and battered China's economy, although tough measures remain in place including a scarcity of intl flights

H&M flags more price hikes, beats profit expecations by fewer discounts

Pretax profit at world's second-biggest fashion retailer jumped 33% from a year earlier to 4.78 bn crowns ($471 mn) in the Swedish group's second quarter, on sales growth of 12% in local currencies