January 17, 2025 6:50 PM

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Oil Prices Rise Amid Supply disruptions Following US Sanctions on Russian Energy

Oil prices advanced today amid concerns of supply disruptions due to the latest US sanctions on Russian energy. Brent Crude was trading nearly flat at 81 dollars and 32 cents per barrel, while WTI Crude gained over 0.2 percent to trade at around 78 dollars and 95 cents per barrel when reports last c...

January 17, 2025 6:46 PM

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Asian Markets Show Mixed Trend; European Indices Surge Over 1%

Major Asian indices displayed mixed trends today. Hong Kong's Hang Seng Index gained 0.31 percent, Singapore's Straits Times Index added 0.25 percent, and China's Shanghai Composite Index gained 0.18 percent. Meanwhile, Japan's Nikkei ended down over 0.3 percent, and South Korea's Kospi fell 0.16 pe...

January 17, 2025 6:34 PM

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US Stocks Slip as Investors focus on corporate earnings

US stocks fell yesterday, as investors focused on corporate earnings and a gauge set of macroeconomic data, including strong retail sales numbers in December and a more than-expected increase in the jobless claims for the previous week, which largely remained at levels consistent with a healthy labo...

January 17, 2025 6:31 PM

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Rupee Slips 6 Paise to ₹86.61 Against Dollar; Dollar Index at 109

In the Forex market, the rupee today fell by 6 paise to settle at 86 rupees and 61 paise against the US dollar. The dollar index, which indicates US dollar's strength against a basket of six other leading currencies, is trading at 109 in intra-day trade.

January 17, 2025 6:40 PM

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Indonesia: 5 Bodies Recovered, 14 Missing following Shopping Mall Fire in Jakarta

In Indonesia, five bodies were recovered today from a fire that broke out at a shopping mall in the western part of Jakarta on Wednesday evening. West Jakarta Fire and Rescue Agency chief Syarifudin told reporters that these bodies were found on the eighth floor. He said all victims were unable to b...