Oil prices fall as market awaits G20 summit, OPEC

Oil prices rose more than 2% on Wednesday and hit their highest in about a month, buoyed by U.S. government data showing a larger-than-expected drawdown in crude stocks as exports hit a record high and surprise drops in refin

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Global markets: Asian shares going nowhere as G20 summit looms large

Trump also raised the possibility that he may impose a lower, 10% duty on a $300 billion list of Chinese imports, instead of the proposed 25% rate.

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Donald Trump says trade deal ‘possible’ with China , tariffs could be lower

Relations between Washington and Beijing have spiraled downward since talks collapsed in May.

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North Korea says US extension of sanctions ‘a hostile act’

The unidentified North Korean foreign ministry spokesman denounced U.S. Secretary of State Mike Pompeo's remarks on Sunday that more than 80 percent of the North Korean economy has been affected by sanctions.

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US House passes border aid bill, Donald Trump vows veto

The Republican-run Senate is working on its own version of the bill, and Republican President Donald Trump has vowed to veto the House legislation, with White House officials saying it would hamstring the administration's bor

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US aims to restart China trade talks, will not accept conditions on tariff use

The two sides could agree not to impose new tariffs as a goodwill gesture to get negotiations going, the official said, but he said it was unclear if that would happen.

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Gold off six-year peak as dollar rises after Fed comments

Spot gold was down 0.6% at $1,415.01 per ounce as of 0122 GMT, after hitting its highest since May, 2013 at $1,438.63 in the previous session.

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Oil prices climb amid fall in US stockpiles, Middle East worries

Analysts said the moves were mainly driven by American Petroleum Institute (API) data showing a fall in U.S. crude inventories.

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Global markets: Asia stocks slip after Fed tempers aggressive rate cut expectations

Separately, St. Louis Fed President James Bullard told Bloomberg Television he does not think the U.S. economy is dire enough to warrant a 50-basis-point cut in July, even though he pushed to lower rates last week.

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G20 summit draft communique calls for promotion of free trade

In a draft communique, the G20 nations stressed the importance of creating a positive cycle where the benefits of solid growth are distributed broadly across economies

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L&T acquires controlling stake in Mindtree, reveals report

L&T’s hostile bid to acquire a controlling stake in Mindtree is the first in India’s software services industry

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Wimbledon 2019: Rafael Nadal says Wimbledon’s seedings system “not a good thing”

If the 12-time French Open champion is dropped to third it means he could potentially have to beat both Djokovic and Federer to claim his first All England club title since 2010.

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राहत की खबर: कपास और सोयाबीन उत्पादक क्षेत्रों तक पहुंचा मॉनसून, अब 37% रह गई बारिश की कमी

मॉनसून ने देश के आधे से ज्यादा हिस्से को कवर कर लिया है.

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Capgemini shares surge on $4.1 billion Altran takeover

Capgemini shares were up 5.9% in early session trading, having touched their highest level since late April, while Altran climbed 21.6%.

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Cheer for farmers: Monsoon covers nearly half of the country

Monsoon rains have covered most parts of cane, cotton, and soybean fields in western India and some parts of rice-sowing areas in central and northern India, the country's weather office said on Tuesday.

The southwest monsoon, which waters more than half of India’s farmland, has registered a 43% deficit through June 19 (PTI File photo) News

Huawei’s US research arm builds separate identity

Huawei will continue to own Futurewei, the employee said. Milton Frazier, Futurewei’s general counsel, declined to comment on the separation or the strategy behind it, referring questions to Huawei spokesman Chase Skinner.

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Donald Trump ‘comfortable with any outcome’ from pivotal Xi Jinping talk, says official

The United States and China have waged an 11-month trade war marked by tit-for-tat tariffs on hundreds of billions of dollars of each others’ goods, roiling financial markets, disrupting supply chains and crimping global ec

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China, US trade officials talk ahead of Donald Trump-Xi Jinping meeting

Chinese Vice Premier Liu He held a phone conversation with U.S. Trade Representative Robert Lighthizer and U.S. Treasury Secretary Steven Mnuchin, China's Ministry of Commerce said in a statement posted to its website on Tues

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Lack of predictability, coherence in India-US strategic relationship: Congressman to Mike Pompeo

"I am deeply concerned by the inconsistencies between the administration's rhetoric and actions toward India, which are further exacerbated by the lack of a confirmed assistant secretary more than two years into this administ

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Gold rises to near 6-year high on dollar weakness, US-Iran tensions

Spot gold was up 0.4% at $1,424.35 per ounce as of 0100 GMT, after hitting its highest level since August 28, 2013 at $1,428.54.

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Oil prices steady, US-Iran tensions remain in focus

Brent rose 5% last week and U.S. crude surged 10% after Iran shot down a U.S. drone on Thursday in the Gulf, adding to tensions stoked by attacks on oil tankers in the area in May and June.

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Global market: Dollar falls with yields as more Fed talk awaited

Japan's Nikkei was all but flat, as was the South Korean market E-Mini futures for the S&P 500 edged up 0.08% after a lacklustre session on Wall Street.

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India’s May oil imports down 11% from April

India imported 4.3 million barrels per day (bpd) of oil in May, a decline of 11% from the previous month, according to preliminary tanker arrival data obtained from shipping and industry sources, as some refiners plan mainten

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Monsoon in India: Annual rains cover half of the country; to accelerate sowing of summer-sown crops, says IMD

"In last three days, monsoon has gained momentum. It has covered the entire southern and eastern India," said a weather department official, who declined to be named.

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G20 summit: China says will not allow Hong Kong issue to be discussed

The extradition bill and police reaction to the protests drew international criticism from rights groups.

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HSBC-backed startup aims to become LinkedIn of global trade

Hong Kong-based Serai, which is a wholly-owned subsidiary of Europe's biggest bank by assets, started formal operations last week, and is part of HSBC Chief Executive John Flint's plan to invest $15-$17 billion by 2020 on tec

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