Page 989 - Reuters

Commodity surge could pressure RBI to normalise more quickly: S&P

S&P expects duty cuts on petrol and diesel if global crude oil prices stay high

Gold rises as investors track Russia-Ukraine talks, await US CPI

The foreign ministers of Russia and Ukraine met on Thursday in Turkey, the highest level contact between the two countries since the war began on February 24

Gold resumes advance as Russia-Ukraine talks re-ignited a shift

A rush to safe-haven assets earlier this week due to the Ukraine crisis powered gold prices to near record levels hit in August 2020.

Euro extends recovery as ECB phases out stimulus package

The statement from the central bank, released at 1245 GMT sent the yield of euro zone government bonds sharply higher and saw the dollar index reverse into negative territory

US consumer prices accelerate in February; weekly jobless claims rise

In the 12 months through February, the CPI shot up 7.9%, the biggest year-on-year increase since January 1982

Euro dips as traders await EU policy response to war in Ukraine

Traders were looking to the ECB meeting later in the day for clues about how policy makers will balance the risk of higher inflation with the damage war in Ukraine will cause to economic growth

India's Russian coal imports could be highest in over two years in March

Russia could start offering more competitive prices to Chinese and Indian buyers as European and other customers spurn Russia because of sanctions, traders said

Ukraine says Russia refuses to guarantee humanitarian access

Ukraine's Foreign Minister Dmytro Kuleba met Russia's Sergei Lavrov in Turkey, but said he had secured no promise from him to halt firing so aid could reach civilians

World shares wilt as investors see scant hope on Russia-Ukraine talks

Foreign ministers from Russia and Ukraine will meet in Turkey on Thursday in the first high-level talks between the two countries since Moscow invaded its neighbour

Oil jittery as market weighs OPEC filling Russia supply gap

Uncertainty over where and when supply will come from to replace crude from the world's second-largest exporter Russia in a tight market has led to wide-ranging forecasts for oil prices

Global market can't dictate Indonesia palm policy: Trade Minister

Indonesia's palm oil price should not be dictated by external market, its trade minister said, backing his decision to expand palm oil export curbs at time of surging global prices from supply crunch

Ukrainian no-fly zone would end war quicker: Polish ambassador to Kyiv

Imposing a no-fly zone over Ukraine would help bring the conflict there to a faster conclusion and save lives, Polish ambassador said, as Russia continued a relentless bombardment of several cities

Russia can resolve issues with selling its oil, says Deputy PM Novak

Russian firms have encountered problems in securing financing for April contracts to sell crude and oil products, but the situation can be resolved, Deputy Prime Minister Alexander Novak said

Putin ally Chemezov says Russia will be victorious against sanctions

Sergei Chemezov, a close ally of President Putin, said that the military operation in Ukraine had prevented an attack on Russia, which would emerge victorious from the sanctions imposed by the West

North Korea to launch satellites to monitor military actions by US, allies

North Korea will launch a number of reconnaissance satellites in coming years to provide real-time information on military actions by the United States and its allies, Kim Jong Un said

Hong Kong leader plans to reopen city after curbing latest Covid outbreak

Hong Kong leader Carrie Lam said it was not the time to lift a ban on flights from 9 countries including US and UK, with plans to reopen the city only after the government controls a Covid outbreak

S Korea president elect Yoon Suk-Yeol harnessed voter discontent: Analysis

South Korea's new president-elect harnessed widespread public discontent to win Wednesday's election but the same volatile forces that brought him to power may complicate his efforts to enact reforms

Rio Tinto to end commercial ties with Russian businesses for Ukraine war

Rio Tinto on Thursday became the latest corporation to cut ties with Moscow saying it was ending all commercial relations with Russian businesses

Japan's Hitachi to suspend Russia operations after Ukraine request: Nikkei

Influential proxy advisory firm Institutional Shareholder Services (ISS) has advised against Toshiba Corp's break-up plan to be put to a vote on March 24, the Nikkei business daily reported

Asian shares surge as Russia-Ukraine talks guide sentiment, oil prices fall

Asian shares surged on Thursday, tracking Wall Street's gains as planned diplomatic talks between Russia-Ukraine buoyed sentiment, but analysts warned the rally could be susceptible to sharp reversal