By Laila Kearney NEW YORK (Reuters) -Oil prices gained about $1 a barrel on Thursday, supported by figures showing U.S consumer prices unexpectedly fell in December and by optimism over China’s demand outlook. The U.S. consumer price index dipped 0.1%, suggesting inflation was now on a sustained downward trend. Top oil importer China is reopening …
Oil up more than 1% on U.S. inflation data, demand optimism Read More »
By John McCrank NEW YORK (Reuters) – The dollar tumbled to a nearly nine-month low against the euro on Thursday after data showed U.S. inflation was easing, prompting bets that the Federal Reserve will be less aggressive with rate hikes going forward. The move lower in the dollar came as the Japanese yen surged, hitting …
Dollar slides to nearly 9-month low vs euro after U.S. inflation data Read More »
By Seher Dareen (Reuters) – Gold prices rose over 1%, hovering near the $1,900 per ounce pivot on Thursday after data showing signs of cooling inflation in the United States boosted bets for slower rate hikes from the Federal Reserve. U.S. consumer prices grew 6.5% on an annual basis in December, in line with expectations, …
Gold hovers near $1,900/oz after U.S. inflation data cements Fed slowdown bets Read More »
By William James LONDON (Reuters) -Britain criticised on Thursday what it said was the systematic erosion of freedoms in Hong Kong by the Chinese government and a crackdown on free speech by authorities in the former British colony, drawing an angry response from China. The criticism was contained in the government’s latest six-monthly report on …
Britain criticises ‘erosion of freedoms’ in Hong Kong, draws rebuke from China Read More »
By Michael Holden ABOYNE, Scotland (Reuters) -Britain’s King Charles and Prince William made their first public appearances on Thursday since the release of the monarch’s son Prince Harry’s tell-all memoir and TV interviews in which he made accusations against them and other royals. In his book “Spare”, Harry divulges that he had begged his father …
King Charles, Prince William make first appearances since Harry’s memoir Read More »
NEW DELHI (Reuters) – India’s industrial output rose 7.1% in November compared to the same month a year earlier, data from the Ministry of Statistics showed on Thursday. Analysts polled by Reuters expected a 2.6% increase in November compared to a contraction of 4% in the previous month. (Reporting by Aftab Ahmed; Editing by Toby …
India’s industrial output rose 7.1% y/y in November Read More »
JOHANNESBURG (Reuters) -South Africa’s rand strengthened on Thursday, after U.S. data offered hope inflation was now on a sustained downward trend, potentially allowing the Federal Reserve to slow its policy tightening pace and ease the pressure on global central banks. At 1601 GMT, the rand traded at 16.8350 against the dollar, 0.63% stronger than its …
South African rand gains after U.S. inflation data Read More »
By Rupam Jain and Kanupriya Kapoor JAMMU/SRINAGAR, India (Reuters) – For the first time in her life, Asha, a street cleaner in the Indian city of Jammu, will be allowed to vote in upcoming local elections. And she’s in no doubt who will get her ballot. Asha plans to reward Prime Minister Narendra Modi’s ruling …
How India’s ruling party is tightening its grip on Kashmir Read More »
(Reuters) – Tesla Inc is nearing a preliminary deal to build production facilities in Indonesia with a capacity of one million units, Bloomberg News reported on Wednesday, citing unidentified people familiar with the matter. Chief Executive Elon Musk tweeted on Wednesday, “Please be cautious about writing articles citing ‘unnamed sources’, as they are frequently false,” …
Tesla nears deal to build production facilities in Indonesia -Bloomberg News Read More »
By Pavel Polityuk KYIV, Ukraine (Reuters) -Ukraine said on Thursday its troops were holding out despite heavy fighting on a battlefield littered with bodies in a salt mining town in eastern Ukraine, where Russian mercenaries have claimed Moscow’s first significant gain in half a year. The ultra-nationalist contract militia Wagner, run by an ally of …
Ukraine says troops hold out in corpse-strewn battlefield of Soledar Read More »
