Dollar struggles to recover from dovish Powell gut punch
U.S. currency dropped to four-week low versus euro on Friday; Trump's threat to fire Fed Governor Cook also weighs on greenback
Asia shares up on hopes for US rate cuts, Nvidia a hurdle
Nikkei gains, Wall St futures dip ahead of Nvidia; Market implies 84% chance of Fed rate cut in September
India says trade negotiations with US are still going on
Indian goods face additional US tariffs of up to 50%, among the highest imposed by Washington
US to take 10% equity stake in Intel, in Trump’s latest corporate move
Trump's intervention in corporate America raises concerns; Intel's $10 billion stake linked to CHIPS Act grants
Meta signs over $10 billion cloud deal with Google, source says
Under the agreement, Meta will use Google Cloud's servers, storage, networking and other services
Oil prices set to snap two-week losing streak as peace in Ukraine remains elusive
Brent crude futures rise 12 cents to $67.79, West Texas Intermediate futures rise 13 cents to $63.65
ChatGPT parent OpenAI to launch first India office in New Delhi this year
Microsoft-backed company says it has been established as a legal entity in India and has begun hiring a local team
Indian Oil, Bharat Petroleum resume buying Russian oil for September, sources say
Russia expects India to keep buying its oil and seeks China-India-Russia talks
Trump buys more than $100 million in bonds since inauguration, disclosure shows
Corporate debt holdings include Citi, Wells and Meta; More than 600 purchases since returning to the office in January
India, China agree to resume direct flights, boost business links
Troop pullback, border delimitation discussed in latest talks; Beijing promises to address rare earths needs, source says
Gold remains steady ahead of Federal Reserve’s policy outlook at Jackson Hole symposium
Spot gold eases 0.1% to $3,341.93 per ounce, US gold futures for December delivery lose 0.1% to $3,384.40
Dollar drifts as investors ponder Federal Reserve’s independence ahead of Powell speech
Investors worry as Trump calls on Fed Governor Cook to resign
China considering yuan-backed stablecoins to boost global currency usage, sources say
China's State Council to approve new yuan internationalisation plan later this month; Yuan-backed stablecoins seen as key amid US dollar dominance
Oil prices gain as US inventory withdrawals point to strong demand
Brent crude futures fall 13 cents, or 0.19%, to $66.97, US WTI crude futures rise 15 cents, or 0.24%, to $62.86 a barrelÂ
Gold hits near 3-week low on stronger dollar, Federal Reserve’s symposium in focus
Markets eye Federal Reserve's Jackson Hole symposium for policy hints; investors watch for any clues on monetary policy trajectory