Rupee dips; forward premiums rise amid near certainty on Fed rate cuts

By Nimesh Vora MUMBAI (Reuters) – The Indian rupee was marginally weaker on Thursday amid a pause in the rally in Asian peers, while forward premiums rose after Federal Reserve…

Asia FX weakens as dollar recovers from 3 days of losses; rate cuts in focus

Investing.com– Most Asian currencies weakened on Thursday as the dollar rose from seven-month lows amid some bargain buying, although traders remained largely biased against the greenback on expectations of interest…

Oil prices ease on China demand fears, focus on Mideast talks

By Yuka Obayashi TOKYO (Reuters) – Oil prices eased in early Asian trading on Monday as fears of weaker demand in top oil importer China weighed on market sentiment while…

Explainer-Why Canada is on the verge of an unprecedented rail labor stoppage

By David Ljunggren OTTAWA (Reuters) – For the first time, Canada’s two main railway companies – Canadian National Railway (TSX:CNR) and Canadian Pacific (NYSE:CP) Kansas City – are on the…

Russia denies media report about indirect talks with Ukraine

MOSCOW (Reuters) – Russia on Sunday denied a report that Ukraine’s attack on the Kursk region had derailed indirect talks with Kyiv on halting strikes on energy and power targets,…

Suggestions Poland helped Nord Stream sabotage are groundless, says presidential aide

WARSAW (Reuters) – Suggestions that Ukrainian authorities supported by Poland were behind planning and executing the sabotage attack on Nord Stream gas pipelines in 2022 are groundless, the Polish president’s…

Autry Stephens, Texas oil billionaire and wildcatter, dies at 86

By Arathy Somasekhar HOUSTON (Reuters) -Autry Stephens, the billionaire founder and chairman of Endeavor Energy Resources, has died aged 86, the company disclosed on Friday, after a prolonged battle with…

Dollar softens, yen set for weekly fall as US recession worries fade

By Laura Matthews NEW YORK (Reuters) -The dollar fell against the yen on Friday, and was softer against other peers as traders took profits and investors sifted through economic data…

Next Bank of Japan intervention may be to sell yen :Mike Dolan

By Mike Dolan LONDON (Reuters) -If Japan’s government is thinking ahead, it may be planning to rein in its errant yen rather than propping it up. A two year cat-and-mouse…

Dollar hands back some gains; Jackson Hole looms large

Investing.com – The U.S. dollar edged lower Friday, handing back some of the previous session’s hefty gains after the release of solid retail sales downplayed concerns about an Imminent U.S.…