Page 48 - Reuters

Oil falls again as concerns grow over global economy, China Covid cases

Brent futures fell $1.88 to $80.22 a barrel, a 2.3% loss, by 1032 GMT. U.S. crude dropped $1.68, or 2.2%, to $75.25 per barrel

Government bond yields little changed as traders await fresh triggers

The benchmark yield had dipped earlier in the day, as a fall in oil prices and U.S. yields supported buying sentiment for bonds

Dollar falls as European inflation cools and China lifts the Aussie

A series of separate reports showed business-sector activity across the euro zone held up better than expected in December, despite intense pressure from soaring energy prices

Stocks creep higher as inflation data offers hope ahead of US Fed minutes

Investors will parse the minutes to figure out whether more policy tightening is likely

CCI declines interim stay for Google on Android-related antitrust ruling

An Indian tribunal declined Google's request for an interim stay on an antitrust ruling that ordered the tech giant to change its approach to its Android platform

Indian shares open lower ahead of Fed minutes release; metals slide

Indian shares opened lower, ahead of the US Federal Reserve's release of minutes from its December meeting, in which the central bank is expected to give a glimpse of its policy tightening path

Indian power plants should be compensated for importing coal: CERC

Power tariffs for imported coal-based plants should cover their costs as well as a "reasonable profit margin," the Central Electricity Regulatory Commission (CERC) said in an order dated Jan 3

German inflation surprise strengthens US dollar as euro nurse losses

The euro fell 1% overnight, its sharpest drop in more than two months, and it hovered near three-week lows at $1.0550 early in the Asia session

China urges 'final victory' over Covid as global concern mounts over spread

China has been particularly critical of decisions by some countries to impose a requirement for a Covid test on its citizens, saying they are unreasonable and lack scientific basis

Oil prices steady after last session's slump as Fed minutes awaited

The Fed raised interest rates by 50 basis points (bps) in December after four consecutive increases of 75 bps each

Asian equities rise, dollar sways as focus firmly on Fed minutes

Asian equities rose on Wednesday, while the dollar was on the back foot after a steep spike overnight, with investors keenly awaiting minutes from the Federal Reserve's most recent meeting

India's palm oil imports in Dec jumps 94% YoY to record high for the month

India's palm oil imports in December jumped 94% from a year earlier to a record high for the month as palm oil's higher discount to rival vegetable oils led refiners to raise purchases

Toyota Motor's Indian unit warns of a possible customer data breach

Toyota India said it has notified the relevant Indian authorities of the data breach at Toyota Kirloskar Motor, a joint venture with Indian conglomerate Kirloskar Group

Oil dives 3.5%, trade choppy on worries about China, global economy

By Arathy SomasekharOil prices tumbled 3.5% in volatile trade on Tuesday, pressured by weak demand data from China, a gloomy economic outlook and a stronger U.S. dollar

SBI to issue second tranche of infra bonds to meet credit growth: Report

The funds will come in handy for credit growth, and the bank would not need to maintain any statutory liquidity ratio or cash reserve ratio for funds raised through such bond issuances

Rupee's threat to slip below 83 per US dollar likely nipped by RBI

The local currency on the interbank order matching system fell to 82.9950, prompting state-run banks to sell dollars, likely on behalf of the RBI

Adani lifts payout for NDTV open offer to match payment to founders

Adani Enterprises said it will pay an additional Rs 48.65 per share to New Delhi Television Ltd investors who sold their shares to the conglomerate

State-run firms to remain exempt from public shareholding norms: Govt

The exemptions from the MPS norm will be valid for a "specified period" even if there is a change in ownership or control after the exemption is granted, the notification said

Gold prices jump to six-month peak in thin trade ahead of Fed minutes

Gold prices hit a six-month high on Tuesday in thin trading, with the market's attention turning to minutes from the US Federal Reserve's latest policy meeting due this week

Dollar steady as investors await economic data, US Federal Reserve minutes

The dollar index, which measures the greenback against six major currencies, has made a subdued start to 2023 and was last up 0.068% at 103.710