Asian shares take a breather: Japanese Yen weakens sharply; Brent and WTI crude prices fall after overnight spike

Asian shares paused their recent rally on Thursday as investors positioned for month- and quarter-end flows, while the Japanese yen weakened to fresh lows against the euro and the Swiss franc surged amid currency market volatility.Oil prices slipped after climbing over 2% overnight to seven-week highs, following a surprise drop in US crude inventories that…

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Gold & silver price prediction today: MCX Gold, MCX Silver to remain bullish? Here’s the outlook

MCX Gold is currently exhibiting a strong and sustained uptrend, supported by clear technical evidence on the charts. (AI image) Gold and silver price prediction today: Gold prices are likely to continue their strong bullish momentum, and silver too will maintain its stealth trend, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients…

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China’s move ‘to safeguard WTO’

China will no longer claim benefits available to developing nations at the World Trade Organization, announced Chinese Premier Li Qiang. He is currently in the US to attend the United Nations General Assembly. WTO director general Ngozi Okonjo-Iweala welcomed the decision on X, calling it “a culmination of many years of hard work” and thanking…

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India may buy more oil from US, says Piyush Goyal

NEW DELHI: Commerce and industry minister Piyush Goyal has indicated that India could buy more oil from the US amid repeated calls from American President Donald Trump for India and China to lower purchase of Russian crude.“We are big importers of energy from across the world, including from the US. We expect to increase our…

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Rapido looks to raise $500 million funding: Primary, secondary deals eyes; Swiggy exits 11.8% stake

Rapido looks to raise $500 million funding as Swiggy exits stake Bengaluru-based ride-hailing startup Rapido is finalising a $500-550 million (Rs 4,500-5,000 crore) funding round, combining primary and secondary deals, while Swiggy exits its stake in the company.The move comes as Rapido expands its ride-hailing operations and scales its food delivery platform, Ownly. The primary…

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‘We just simply cannot continue’: Silicon Valley braces for Trump’s H-1B fee hike; companies consider moving jobs overseas

Silicon Valley braces for Donald Trump’s H-1B fee hike The Trump administration’s sharp increase in visa fees for H-1B workers has triggered concern among US technology companies, with many considering moving more jobs overseas — the very outcome the policy aimed to prevent.US President Donald Trump announced on Friday a steep $100,000 levy for new…

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