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MUMBAI: The country’s foreign exchange reserves will be bumped up by $18 billion with the International Monetary Fund (IMF) allocating additional Special Drawing Rights (SDRs) to India. The country’s forex reserves stood at $617 billion as of August 20, buoyed by strong inflows of foreign...


“Esg” sounds more like a noise investors would have made two years ago when hearing the term ESG: The acronym for environmental, social, and governance factors used to determine whether a company is operating ethically. Now though, interest in the space is exploding in both public and private market...


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Here is what you need to know on Wednesday, September 1: Stock markets are upbeat and the dollar is mixed as a new month begins. Commodity currencies stand out with gains ahead of the OPEC+ meeting and the euro is holding up amid hawkish ECB comments. US ADP jobs figures and the ISM Manufacturing...



Chinese President Xi Jinping tells China International Fair for Trade in Services that boosting the country’s service sector can help the post-coronavirus global recovery Recent moves by Beijing such as a tech crackdown and anti-sanctions law have hit investor confidence, but Xi says country ‘wa...


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* Friday’s jobs data could spur Fed to taper earlier * Euro shows strength ahead of ECB meeting next week * Yen shrugs off PM Suga’s decision to step down * Graphic: World FX rates tmsnrt.rs/2RBWI5E LONDON, Sept 3 (Reuters) - The dollar hovered above one-month lows against major rivals on Friday,...


The logo of Dow Jones Industrial Average stock market index listed company Chevron (CVX) is seen in Los Angeles, California, United States, April 12, 2016. REUTERS/Lucy Nicholson/File Photo Sept 2 (Reuters) - Oil major Chevron (CVX.N) plans to invest $600 million in two soybean crushing facilities...


The logo of Alibaba Group is seen during Alibaba Group's 11.11 Singles' Day global shopping festival at the company's headquarters in Hangzhou, Zhejiang province, China, November 10, 2019. REUTERS/Aly Song - RC2G8D9506GL HONG KONG, Sept 3 (Reuters Breakingviews) - President Xi Jinping's "common pro...


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