Oil dips on rising U.S. crude inventories and production
Oil dips on rising U.S. crude inventories and production

SINGAPORE -Oil markets dipped on Thursday, weighed down by rising crude inventories and production in the United States as well as a stronger dollar, which potentially hampers fuel consumption in countries that use other currencies at home.Brent crude futures, the international benchmark for oil prices, were at $56.18 a barrel, as of 0531 GMT, down 11 cents, or 0.2 percent, from their last close.

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BOJ keeps monetary spigot open, new board member dissents
BOJ keeps monetary spigot open, new board member dissents

TOKYO - The Bank of Japan kept monetary settings steady on Thursday, but a board newcomer argued against the central bank's view that current policy was sufficient to boost inflation to its 2 percent target in a sobering assessment of the outlook.

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Exclusive: U.S. defence firms want control over tech in Make-in-India plan
Exclusive: U.S. defence firms want control over tech in Make-in-India plan

NEW DELHI - U.S. defence firms offering to set up production lines in India to win deals worth billions of dollars want stronger assurances they won't have to part with proprietary technology.The US-India Business Council wrote to India's defence minister last month seeking a guarantee that U.S. firms would retain control over sensitive technology - even as joint venture junior partners.

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Nifty, Sensex end lower; financial stocks drag
Nifty, Sensex end lower; financial stocks drag

Indian shares ended lower on Tuesday as financial stocks such as Housing Development Finance Corp dragged both indexes amid investor caution ahead of the U.S. Federal Reserve's policy statement this week.The broader NSE Nifty, which hit a record high earlier in the session, closed down 0.05 percent at 10,147.The benchmark BSE Sensex was 0.07 percent lower at 32,402.

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Oil near five-month high as Middle East producers stick to cuts
Oil near five-month high as Middle East producers stick to cuts

AMSTERDAM- Oil prices traded close to five-month highs on Tuesday after fresh data showed key Middle Eastern producers continued to cut supply in line with an OPEC-led deal aimed at ending a crude glut.Benchmark Brent crude futures were up 31 cents at $55.79 a barrel at 0957 GMT, not far off a five-month high of $55.99.

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