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Market watch: Asian shares rally as US rate-cut bets rise; oil edges up after Ukraine–Russia peace signals

File photo (Picture credit: AP) Asian markets climbed on Wednesday as softer US data strengthened expectations that the Federal Reserve will cut interest rates next month, while crude prices steadied after touching one-month lows.Asia followed Wall Street’s upbeat momentum after a run of weaker-than-expected US figures boosted confidence in a December rate cut. According to…

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Market watch: Asian stocks climb as rate-cut hopes steady markets; crude prices ease on Russia-Ukraine peace signals

File photo (Picture credit: AP) Asian equities began the week on a firmer footing as expectations for a US interest rate cut lifted sentiment across the region, even as oil prices slipped on progress in Russia-Ukraine peace efforts.Market confidence improved after New York Federal Reserve President John Williams indicated there was still “room for a…

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Gold rate outlook: Prices seen range-bound as markets await US data; Fed signals, dollar strength to guide sentiment

Gold is likely to trade in a tight range in the near term as investors await key US economic indicators—including GDP and inflation data—and signals from the Federal Reserve’s December policy meeting that could define the direction of interest rates, analysts said, according to news agency PTI. They added that weekly US jobless claims, consumer…

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Warren Buffett’s $4.3 billion Alphabet investment signals a direct challenge to Nvidia’s lead in AI chips |

When Berkshire Hathaway revealed a new multibillion-dollar stake in Alphabet, most observers initially viewed it as another major addition to Warren Buffett’s long-term portfolio. Yet the timing and strategic context suggest the investment could be more than a routine allocation. The world’s most influential value investor has chosen to back Alphabet at a moment when…

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Russia signals support for India’s air combat needs: Offers Su-57 fighter tech transfer; calls New Delhi’s demands ‘acceptable’ | India News

An airborne Su-57 fighter jet (ANI) NEW DELHI: Russia has expressed its readiness to support India’s future fighter aircraft needs, offering unrestricted technology transfer for the Su-57 fifth-generation stealth fighter, with all demands from the Indian side described as “completely acceptable,” reported ANI citing officials. Speaking on the sidelines of the Dubai air show 2025,…

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India-US trade deal: Goyal signals ‘good news’ soon once ‘fair’ pact reached; farmers, fishermen and small industry in focus

Commerce and industry minister Piyush Goyal on Tuesday signalled that the proposed India–US trade pact might soon reach a conclusion, once a balanced pact is finalised. The minister said, “When the deal will become fair, equitable and balanced, you will hear good news.”Speaking at the Indo-US Economic Summit organised by the Indo-American chamber of commerce,…

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“The greatest player” — Los Angeles Lakers’ Austin Reaves’ bold praise signals admiration as LeBron James’ speedy recovery sparks renewed intrigue | NBA News

Austin Reaves and LeBron James have mutual respect for each other (Image via Getty Images) Due to sciatica, LeBron James has not yet played this season. However, he is making progress and talked about a variety of subjects on Monday. For the first time since the playoffs, he was back practicing 5-on-5 with the Los…

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Gold rate outlook: Prices to stay choppy ahead of US data; Fed signals in focus as silver extends strong run

Gold prices are expected to stay choppy in the coming week as investors brace for a heavy line-up of US economic signals, including the jobs report, Federal Reserve meeting minutes and a speech by Fed Chair Jerome Powell. Analysts said the data flow and commentary from Fed officials will shape expectations around a potential December…

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Putting 2020 behind? Chirag Paswan meets Nitish Kumar after NDA’s big Bihar win; signals cohesion | India News

NEW DELHI: Union minister and LJP(RV) chief Chirag Paswan met Bihar chief minister Nitish Kumar in Patna on Tuesday to congratulate him on the NDA’s decisive victory in assembly elections. The meeting stands out because of their political history and years of speculation over whether the two leaders could ever comfortably coexist in the same…

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