Page 272 - Reuters

Fed seen on track for 25-basis-point interest rate cuts next week, in Dec

The increase of 12,000 nonfarm payroll jobs last month was far short of the 113,000 economists had anticipated

Pennsylvania fraud claims revive fears of Trump rejecting election results

Opinion polls, both nationally and in the seven closely divided states, show Trump locked in a tight race with Democratic Vice President Kamala Harris with four days to go before Election Day

Auto shares lead rise in stock market in 'muhurat' trading session

The NSE Nifty 50 rose 0.41% to 24,304.35, while the BSE Sensex gained 0.42% to 79,724.12, both snapping a two-day losing streak

US markets begin month cautiously ahead of upcoming jobs data, elections

Before then is the payrolls report at 1230 GMT. A Reuters survey of economists predicts an increase of 113,000 jobs last month, down sharply on disruptions from hurricanes and strikes by aerospace

Oil climbs more than 2% on reports of Iran preparing strike on Israel

Israeli intelligence suggested that Iran is preparing to attack Israel with a large number of drones and ballistic missiles

Chevron beats profit expectations in Q3 on higher oil, gas production

The company, whose proposed $53 billion takeover of Hess has been delayed due to a challenge by rivals Exxon Mobil and CNOOC Ltd, reported a profit of $4.53 billion

SUV sales a bright spot in carmakers' October dispatches to dealers

Mahindra, which has a portfolio comprised entirely of SUVs, reported a rise in sales every month this year ending March 2025, mostly supported by new launches such as the "Thar ROXX"

Festivities trigger gold buying spree, but volumes lag due to high prices

In India, prices jumped to a record high of Rs 79,775 per 10 grams earlier this week, marking a nearly 33 per cent increase since last year's Diwali

Currency market stays steady as investors await US jobs report, elections

"We think the chances of a Dec. rate hike have somewhat increased after Gov. Ueda's press conference," Morgan Stanley MUFG economists Takeshi Yamaguchi and Masayuki Inui wrote in a report on Thursday

RBI's routine interventions to halt major movements in Rupee: Poll

Abandoning its earlier policy of intervening only during periods of heightened volatility, the RBI over the past couple of years has used its vast forex reserves to keep Rupee in a narrow range

Asia markets start momentous month on cautious side, awaits US payrolls

Oil extended its rally, with Brent prices up almost 2 per cent to $74.13 a barrel, on reports that Iran was preparing a retaliatory strike on Israel from Iraqi territory in the coming days

Shell's $6 billion profit smashes forecasts as LNG offsets weak refining

Shell shares were up 1% in early London trading

Swiggy IPO gets bids of $15 bn from big investors like Norges, Fidelity

Swiggy, a SoftBank-backed Indian food and grocery delivery giant, will next week launch its $1.35 billion IPO that will be country's second-biggest stock offering this year

L&T eyes aerospace expansion to ride India's $44 billion market push

The move follows the government's recent efforts to open its space industry - traditionally led by ISRO - to private firms

Yen firms after less dovish BOJ, dollar dips ahead of inflation data

The BOJ cut its core consumer inflation forecast but said risks were skewed to the upside for that year, causing the yen to rise, said Andrea Cicione, head of strategy at GlobalData.TSLombard

Loan growth moderates in September amid RBI clampdown, shows data

Including the impact of the merger, banks' loans grew 13% last month, compared with 20% a year ago

RBI well-equipped to deal with any volatility post US elections: Report

The Reserve Bank of India would be able to tap its large foreign exchange reserves to defend the domestic currency in the event of global market volatility and an outflow of foreign funds

US election anxieties push gold prices towards its best month in seven

Opinion polls are too close to call a winner between Republican former U.S. President Donald Trump and Democratic Vice President Kamala Harris

RBI helps rupee outperform peers in month marred by US election anxiety

The rupee was at 84.0825 to the US dollar, little changed from Thursday and week-on-week. Indian financial markets are shut on Friday

Asian stocks slip as chips drag, yen nears 3-month low before BOJ decision

Yen hovered close to a three-month low against the dollar, weighed down by political instability after a drubbing for Japan's ruling coalition in parliamentary elections last weekend