[ad_1] LONDON (Reuters) – After shedding nearly 10% of its value since mid-March, sterling may enjoy some calm over the remaining weeks of the British summer as traders take advantage of a parliamentary recess to
Vedanta and Zambian President Lungu to discuss KCM in India
[ad_1] Zambia’s President Edgar Lungu speaks at the Nelson Mandela Peace Summit during the 73rd United Nations General Assembly in New York, U.S., September 24, 2018. REUTERS/Carlo Allegri/Files JOHANNESBURG (Reuters) – Vedanta Resources will meet
Oil prices rise on stimulus hopes, trade optimism
[ad_1] SINGAPORE (Reuters) – Crude oil prices edged up on Tuesday on optimism U.S.-China trade tensions will ease and on hopes major economies will take stimulus measures to ward off a potential economic slowdown that
Asian shares nudge higher on stimulus hopes, recession fears ease
[ad_1] TOKYO (Reuters) – Asian shares extended their gains on Tuesday as hopes for stimulus in major economies tempered anxiety about a global recession, boosting riskier assets and drawing money from safe-havens such as bonds
Nifty, Sensex erase early gains as financials drag
[ad_1] (Reuters) – Indian shares were volatile on Tuesday, after gains in IT stocks were largely offset by declines in financial stocks, as cautious investors awaited more details on reports of a corporate tax rate
China central bank says previous one-year benchmark lending rate may not be changed in near term
[ad_1] Headquarters of the People’s Bank of China (PBOC), the central bank, is pictured in Beijing, China September 28, 2018. REUTERS/Jason Lee/Files BEIJING (Reuters) – China’s central bank vice governor Liu Guoqiang said on Tuesday
Oil prices slip, but supported by hopes trade tensions could ease
[ad_1] SINGAPORE (Reuters) – Crude oil prices slipped on Tuesday, but losses were limited as equity markets rallied and as traders hoped Sino-U.S. trade tensions would ease. FILE PHOTO: Drilling rigs operate at sunset in
Japan approves further exports of high-tech material to South Korea: sources
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[ad_1] SEOUL (Reuters) – Japan has approved shipments of a high-tech material to South Korea for the second time since imposing export curbs last month, two people familiar with the matter said on Tuesday, ahead
Dollar near three-week high as thaw in risk aversion lifts yields
[ad_1] TOKYO (Reuters) – The dollar held near a three-week high on Tuesday, as expectations global economies would unleash fresh stimulus and an improvement in appetite for riskier assets lifted yields on U.S. government bonds.
BHP annual profit rises on robust iron ore prices, pays record dividend
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[ad_1] (Reuters) – BHP Group (BHP.AX), the world’s biggest miner, posted a 2% rise in full-year profit helped by a windfall from higher iron ore prices, and declared a record final dividend on Tuesday. Iron