[ad_1] BENGALURU (Reuters) – Indian stocks slid more than 1.5% on Thursday as comments from key policymakers failed to assure investors that the government was serious about taking steps to revive economic growth. A man
Indonesia surprises with second rate cut in a row, eyes global slowdown
[ad_1] JAKARTA (Reuters) – Indonesia’s central bank, hoping it can spur faster growth at home despite a global slowdown, surprisingly cut its key interest rate for a second time in two months on Thursday. An
Oil steadies above $60, Jackson Hole summit in focus
[ad_1] LONDON (Reuters) – Oil steadied above $60 a barrel on Thursday, supported by a drop in U.S. crude inventories and OPEC-led supply cuts, although worries about the global economy weighed. FILE PHOTO: A pump
Thyssenkrupp files complaint over Brussels’ veto on Tata JV
[ad_1] FILE PHOTO: A logo of Thyssenkrupp AG is pictured at the company’s headquarters in Essen, Germany, November 21, 2018. REUTERS/Thilo Schmuelgen/File Photo FRANKFURT (Reuters) – Thyssenkrupp on Thursday said it was filing a complaint
Oil prices fall on economic worries after U.S. fuel stocks climb
[ad_1] SINGAPORE (Reuters) – Oil prices dipped on Thursday, paring earlier gains, weighed down by worries about the global economy and bigger-than-expected builds in oil product inventories in the United States, the world’s biggest oil
Nifty, Sensex slip as stimulus news awaited; DLF plunges nearly 20%
[ad_1] BENGALURU (Reuters) – Indian shares fell on Thursday as investors fretted over the chances of a fiscal stimulus and anxiously awaited the U.S. Federal Reserve chairman’s speech later this week for clues on future
Gold steady, focus on Jackson Hole summit for rate-cut direction
[ad_1] (Reuters) – Gold prices were little changed on Thursday, holding above the key $1,500 an ounce level, as investors awaited the Federal Reserve chair’s speech at a global central bankers’ conclave for clues on
How Brazil and Vietnam are tightening their grip on the world’s coffee
[ad_1] SAO JOAO DA BOA VISTA, Brazil (Reuters) – A towering machine rumbles through the fields of Julio Rinco’s farm in the Brazilian state of Sao Paulo, engulfing whole coffee trees and shaking free beans
Fed was divided on rate cut, wanted to avoid appearing on path for more cuts
[ad_1] WASHINGTON (Reuters) – Federal Reserve policymakers were deeply divided over whether to cut interest rates last month but were united in wanting to signal they were not on a preset path to more cuts,
Oil prices rise after U.S. crude stocks draw
[ad_1] SINGAPORE (Reuters) – Oil prices rose on Thursday following a drawdown in U.S. crude inventories, but gains in fuel inventories and persistent concerns over the global economy and future demand outlook capped gains. FILE