Page 852 - Reuters/workspace/business Standard Web/video

Wall Street: Nasdaq slumps more than 2% on fears of aggressive Fed

Megacap growth, tech stocks extend losses; AMC tumbles as UK's Cineworld mulls bankruptcy filing

Euro again below parity versus dollar; gas supply crisis weighs

China's yuan dropped to its lowest in nearly two years after the central bank cut key lending rates.

Egypt's deal to buy Indian wheat at $400 per tonne stands, says minister

Egypt contracted to buy the 180,000 tonnes of wheat from India in June.

Indian rupee at 4-week low; set to breach 80-level against USD, say traders

The partially convertible rupee fell 0.1% to 79.875, having dropped to its lowest level since July 27 at 79.9125.

Global shares slide, dollar dominates as interest rate hike fears mount

U.S. Federal Reserve Chair Jerome Powell headlines a host of policy makers at Jackson Hole later in the week and the risks are that he will not meet investor hopes for a dovish pivot on policy.

Indian banks issue more certificates of deposits to secure cheap funding

Indian private and PSU banks have raised around Rs 30,000 cr through two-month to one-year CDs in the two weeks to Aug. 19, sharply higher than the roughly Rs 5,000 cr in the previous two weeks

India's Brahmaputra Infrastructure soars 11% after $22.2 million order win

BENGALURU (Reuters) - Shares of Indian construction and engineering company Brahmaputra Infrastructure Ltd, jumped 11.31%, after the company said it received an order worth 1.77 billion rupees

Gold falls for sixth day today, hits over 3-week low on dollar rally

Gold is highly sensitive to rising U.S. interest rates, as these increase the opportunity cost of holding non-yielding bullion

Rupee at fair value despite balance of payment problems: JPMorgan analyst

Rupee's fair value is around 80 against the U.S. dollar, given the country's balance of payment challenges and the Reserve Bank of India's interventions: JPMorgan

Retail inflation likely to ease below 6% by March quarter, say analysts

Despite signs of inflation having peaked in India, the outlook remains highly uncertain, members of the central bank's monetary policy committee said in their report

Dollar hits 5-week high on hawkish Fed before Jackson Hole' symposium

Economists in a Reuters poll lean toward a 50 basis-point increase with recession risks on the rise

Toyota doubles down on hybrid bet in India, low-cost models to surface soon

Toyota plans to reboot its strategy for India, doubling down on a bet that emerging markets will welcome its hybrids, as long as the price is right

Gold hits over 3-week low on strong dollar, Fed rate-hike worries

Gold is highly sensitive to rising U.S. interest rates, as these increase the opportunity cost of holding non-yielding bullion

RBI likely to set 7.23% cutoff yield on new 10-year bond: Reuters poll

RBI will likely set a cutoff yield of 7.23% on 130 billion rupees ($1.63 billion) of the new 10-year bond being auctioned on Friday, according to the median estimates in a Reuters poll

Asia shares slip anew amid strong US dollar demand, rising interest rates

Asian shares got off to a rocky start on Monday while the dollar remained in demand amid concerns that most major central banks are committed to raising interest rates no matter the risks to growth

Israeli spyware company NSO Group CEO Shalev Hulio steps down

Chief Operating Officer Yaron Shohat has been appointed to oversee a reorganisation of the company before a successor is named

Dollar strength sets gold on its longest losing streak since November

Spot gold dropped 0.6% to $1,748.58 per ounce by 1:47 p.m. ET (1747 GMT), having hit its lowest since July 28 earlier in the session. U.S. gold futures settled down 0.5% at $1,762.9.

Wall Street pushes stocks down, dollar up on Fed hike fears; yields rise

The Dow Jones Industrial Average fell 0.86%, to 33,706.15, the S&P 500 lost 1.29%, to 4,228.37, and the Nasdaq Composite dropped about 2%, to 12,705.22

China's July Russian coal imports hit five-year high as West shuns Moscow

China's coal imports from Russia jumped 14% in July from a year earlier to their highest in at least five years, as China bought discounted coal

Oil prices down 1.5% for the week on recession jitters, strong US dollar

Brent crude futures settled at $96.72 a barrel, gaining 13 cents. U.S. West Texas Intermediate crude ended 27 cents higher at $90.77. Both benchmarks fell about 1.5% on the week