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Gold investors cautious ahead of US inflation driving Fed Reserve policy

Gold Investors are looking cautiously into the US inflation data which will impact the US federal reserve's policy coming in soon

Indian oil firms to compensate ethanol makers for energy costs: Report

Indian state fuel retailers have agreed to provide monetary relief to sugar mills and other producers of ethanol to compensate for high energy costs to boost biofuel production, according to a letter.

Japanese yen jumps after govt, central bank sound intervention warning

Japan's yen has been battered by traders wagering that BOJ will stick with its ultra-accommodative policy stance just as the Fed and other central banks accelerate their tightening to tame inflation

High prices drag India discounts to 7-week low; China demand sluggish

High prices have slumped Indian discounts and the Chinese market has also remained unpromising for the time being

Britain plans to investigate Apple, Google's mobile browser dominance

The Competition and Markets Authority (CMA) said on Friday it was also taking enforcement action against Alphabet Inc's Google over its app store payment practices

Global investment banking faces tougher times after blockbuster year

Russia's invasion of Ukraine and significant monetary tightening have led to volatile trading in financial markets this year

Indian oil firms to compensate ethanol makers for higher energy costs

Indian state fuel retailers have agreed to provide monetary relief to sugar mills and other producers of ethanol to compensate for high energy costs to boost biofuel production

Explained: Why India holds the key to global rice market outlook

Monsoon rains determine the size of India's rice crop, and plentiful rains this year would help it maintain its preeminent position in the global rice trade

IAEA warns of 'fatal blow' to nuclear deal as Iran removes cameras

Iran had warned of retaliation if the IAEA's 35-nation Board of Governors passed a resolution drafted by the United States, France, Britain and Germany criticising Tehran

Japan biz community seeks relaxation of border controls as Covid curbs ease

Japan began a phased reopening to tourists on Friday after a more than two-year ban

Oil dips on China's new lockdown measures but stays near three-month highs

Oil prices took a fall following Shanghai's new lockdown restrictions imposed recently. However, it maintained the nearly three-month high streak, say market reports

Wage cost inflation may moderate IT players' profit margins by 1.5%

The shrinking will be over and above the narrowing of up to 3.50 per cent on the operating profit margin front for most IT companies in FY22

Ukraine's Zelensky imposes sanctions on Putin and top Russian officials

The sanctioned officials included Putin's spokesman Dmitry Peskov, Prime Minister Mikhail Mishustin, veteran Foreign Minister Sergei Lavrov and Defence Minister Sergei Shoigu.

US household wealth declines for first time in 2 years in 1st quarter

US household wealth has declined by more than $500 billion from record figures of previous year

IMF hopes to mobilise as much funding as possible to help Ukraine

The Kyiv School of Economics estimated in late May that the physical infrastructure damage already exceeded $105 billion

IAEA warns of 'fatal blow' to nuclear deal as Iran removes its cameras

Iran has started removing 27 surveillance cameras from nuclear sites across the country, the UN nuclear watchdog said Thursday

European stocks, euro slip as ECB set to join rate hike club from July

European stocks have taken a dip alongisde the currency as ECB sets in to join the rate hike club like many others, say reports

Wall Street slips as growth stocks struggle amid rising bond yields

Tesla gains on surge in China sales, UBS upgrade; 10-year Treasury yield up at 3.04%; Brent above $123 a barrel

Credit Suisse CEO calls queries over State Street takeover 'really stupid'

Gottstein said on Thursday no joint venture or strategic option was on the table for the business, adding asset management remained a key division for Credit Suisse.

Meta unfriends FB stock ticker in final farewell to the Facebook era

Meta Platforms Inc rebranded from its eponymous social networking platform in October 2021, betting that the metaverse, a shared virtual realm, will succeed mobile internet