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Asian shares inch up, caution prevails ahead of Jackson Hole

US stock futures were up 0.2%, suggesting some optimism after sentiment on Thursday was dented by a deadly attack in Afghanistan, and after Fed's hawkish policymakers urged an end to stimulus

Safe-haven demand buoys gold; investors await Fed chief's speech

Spot gold gained 0.3% to $1,798.22 per ounce by 0341 GMT, and was up about 1% for the week. U.S. gold futures rose 0.4% to $1,801.30

US plans Covid-19 booster shots at six months instead of eight: Report

Pfizer and BioNTech have already started the application process for the approval of its booster shot in people 16 and older

Oil down 1%; Covid-19 pandemic surge, renewed Mexico supply end rally

Fresh COVID-19 outbreaks fueled by the Delta variant are raising concerns about the strength of the economic recovery globally

Central banks should not mandate 'green' investments: Raghuram Rajan

The former RBI governor said central banks should turn their focus to the financial stability of these green investments and other threats such as crypto currencies and cyber security

Pentagon says there were two explosions near Kabul airport, with casualties

Pentagon spokesman John Kirby said one blast occurred near the airport's Abbey Gate and the other close to the nearby Baron Hotel

India has fewer ESG funds than other top 10 economies, shows data

The world's sixth largest economy has 23 ESG funds, Refinitiv data shows, compared to the United States and Britain with more than 500 each, while Japan has 182 and China has 119

US' Q2 economic growth revised slightly higher; weekly jobless claims rise

Gross domestic product increased at a 6.6% annualized rate, the Commerce Department said on Thursday in its second estimate of GDP growth for the April-June quarter

SpiceJet expects to restart Boeing MAX service by September-end

Around 175 countries have allowed the 737 MAX to return to service following a nearly two-year safety ban, with 30 airlines already restarting their MAX aircraft services.

Global stocks set for a correction as rally fizzles, say analysts

The spread of the Delta variant of the coronavirus and the U.S. Federal Reserve's pending plans to taper its asset purchases are likely to leave equity markets exposed to turbulence

Gold falls as dollar inches higher, caution ahead of Jackson Hole

Spot gold fell 0.3% to $1,784.82 per ounce by 0705 GMT, while U.S. gold futures fell 0.3% to $1,785.00.

Asian shares spooked by Delta variant's spread as Jackson Hole looms

Investors are mostly waiting for the Federal Reserve's Jackson Hole symposium on Friday and what central bank chair Jerome Powell might say about U.S. tapering monetary stimulus

GDP growth likely touched record in April-June, riding on weak base: Poll

Reuters poll of 41 economists confirmed gross home product rose 20.0% in the three-month interval, in contrast with a record contraction of 24.4% in the identical quarter a year earlier

India revenue secretary says open to 'tinkering' tax rates on automobiles

India is open to discussing a change in tax rates on automobiles, the country's revenue secretary said on Wednesday, indicating receptiveness over negotiation on a long-standing request from automaker

Oil edges higher on US fuel demand, extends rally for third session

The four-week average for US total product supplied, a proxy for fuel demand, soared to nearly 21 million barrels per day, its highest since March 2020

Gold eases as dollar halts slide, focus on Jackson Hole

Gold jumped 1.4% on Monday to the highest in nearly three weeks, driven by a broad retreat in the dollar this week

Wall St to hold fire in record high territory, ahead of Fed chief's speech

S&P 500 and Nasdaq 100 futures were narrowly mixed after the S&P stock index posted its 50th record high close of the year on Tuesday, buoyed by positive news on Covid-19 vaccines

India's new LNG plant starts next year, to boost import capacity by 12%

New demand for LNG from India is expected to support Asian gas prices which rose to record highs earlier this year, partly aided by the transition from coal or oil to gas in developing countries.

Xiaomi revenue surges record 64% as global phone sales rise

Net income reached 6.32 billion yuan, up 87.4% year on year and above analyst expectations.

Subdued investors keep powder dry ahead of Jerome Powell's speech

The STOXX index of 600 European companies, nudged 0.15% higher to 472.51 points, less than four points from its record high from earlier this month