Reuters

Reuters

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

Iran oil minister, oil, opec, Iran Oil Minister ,Bijan Zanganeh, OPEC member,oil exporter states, crude oil, oil price, oil news, market news

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.

Global markets, Asian markets, Sino-US trade, US tariffs, Xi Jinping, Donald Trump, US interest rates,  G20 meeting, MSCI News

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.

g20, g20 summit News

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.

North Korea, US sanctions on north korea, Pyongyang, North Korean economy, Mike Pompeo, Kim Jong Un, denuclearisation News

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

US Mexico border bill, House Democrats, Nancy Pelosi, Donald Trump, United States, US Border Patrol, donald trump, Kevin McCarthy,  News

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.

US China trade talks, Donald Trump, Xi Jinping, Japan, Chinese imports, G20 summit, Huawei Technologies Co, Trump administration News

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.

Gold prices, US gold futures, Jerome Powell, Spot gold, Donald Trump, Xi Jinping, SPDR Gold Trust News

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.

China, US sanction, Iranian oil exports, oil import, Tehran,  Xi Jinping, Donald Trump, Russia, china us trade war, economy news

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.

Global markets, Asian stocks, Jerome Powell, Federal Reserve, Wall Street shares, MSCI, Nikkei, G20 summit, Asia-Pacific shares News

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

620 summit, trade News

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

l&t, mindtree News

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.

Sports News

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.

Monsoon, Agriculture, मॉनसून, cane, cotton, rice, soybean, rain deficit, indian economy, monsoon economy, farmers, GDP News

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%.

Capgemini shares, Capgemini Altran takeover, Altran shares, Capgemini, Altran News

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.

Huawei mobile, Donald Trump, business deal, cold war, US china trade war, US, china, industry news, Huawei, Huawei Technologies Co Ltd, china, Huawei employees, Futurewei Technologies Inc, US government News

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

Donald Trump, Xi Jinping, trumpo Xi meeting, US china trade talk, US tariffs on goods, G20 summit in Japan, US china trade talk News

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

China US trade, Donald Trump, Xi Jinping, Steven Mnuchin, US china trade talk, G20 summit, Liu he News

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

India-US strategic relationship, Mike Pompeo, US tariffs on steel, india US steel, US tariff policies, India US bilateral relationships News

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.

Gold prices, US sanctions on Iran, Xi Jinping, US-Iran tensions, G20 summit in Japan, Federal Reserve, SPDR Gold Trust, asian stocks News

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.

Oil prices, US iran tensions, US crude futures, Brent crude futures, Middle East, Sino-US trade, Xi Jinping, G20 meeting, donald trump News

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.

Global market, Asian stocks, Dollar, Xi Jinping, Donald Trump, G20 summit in Osaka, MSCI, Vladimir Putin, Sino US trade talks, Nikke News

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

oil prices, Strait of Hormuz, Dharmendra Pradhan, OPEC, Donald Trump, American Navy drone, Iranian forces News

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.

Monsoon in India, Monsoon in India dates, news on Monsoon in India, monsoon arrival in india, rainfall in india, IMD, monsoon rains, monsoon rains in india News

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.

G20 summit, china, hong kong crisis, Communist Party, Donald Trump, Xi Jinping, Osaka, Communist Party, latest news on G20 summit News

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

HSBC, serai startup, HSBC Holdings Plc, Europe, John Flint, LinkedIn, HSBC investments in Serai News
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