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Officials from Ukraine, US and UK meet in London in latest push to stop the war

LONDON, April 23, 2025 (AP) — Diplomats and defense chiefs from Britain, the U.S., European nations and Ukraine will meet in London on Wednesday to push for a peace deal between Moscow and Kyiv. British Defense Secretary John Healey said the meeting of foreign ministers and national security advisers follows talks last week in Paris and will include “what a ceasefire might look like and how to secure peace in the long term.” Those attending include retired Lt. Gen. Keith Kellogg, President Donald Trump’s envoy for Ukraine and Russia. The U.S. State Department said Secretary of State Marco Rubio, who

Gold falls as Trump backs down from threat to fire Fed chief

April 23 (Reuters) – Gold prices fell more than 1% on Wednesday as U.S. President Donald Trump backed down from threats to dismiss Federal Reserve Chair Jerome Powell and expressed optimism for a trade deal with China, denting bullion’s safe-haven appeal. Spot gold fell 1.2% to $3,339.53 an ounce by 0428 GMT. U.S. gold futures fell 2% to $3,349.80. The hint of U.S.-China negotiations and Trump backing down his threat to remove Powell “caused the sell off in gold price to hit a kind of a very extreme oversold level in the short term perspective here,” said Kelvin Wong, senior

Sensex reclaims 80,000-level on global markets rally, foreign fund inflows

Mumbai, Apr 23 (PTI) Equity benchmark indices Sensex and Nifty surged in early trade on Wednesday driven by a sharp rally in global markets and foreign fund inflows. Buying in blue-chip IT stocks also added to investors’ optimism. The 30-share BSE benchmark Sensex jumped 658.96 points to 80,254.55 in early trade. The NSE Nifty rallied 192.05 points to 24,359.30. From the Sensex firms, HCL Tech surged over 6 per cent after the firm posted an 8.1 per cent increase in consolidated net profit at Rs 4,307 crore for March quarter 2024-25, mainly on account of large deals with a total

Rupee falls 15 paise to 85.34 against US dollar in early trade

Mumbai, Apr 23 (PTI) Rupee depreciated 15 paise to 85.34 against the US dollar in early trade on Wednesday, after the American currency recovered supported by Donald Trump’s softened stance — particularly towards the Federal Reserve and against China. Forex traders said the market found support after Trump on Tuesday backed off from threats to fire FED Chair Jerome Powell after days of intensifying criticism against him for not cutting rates. Trump also signalled the possibility of lower tariffs against China. The dollar index rose to 99.28, while the US 10-year bond yield was slightly lower at 4.34 per cent.

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