Yen skidded in Asian trade on Thursday to three-week lows against the US dollar, sharpening losses for the second straight session amid persistent concerns about the Japan-US interest rate gap. The odds of a Fed interest rate cut in the summer dipped after the release of the Federal Reserves meeting minutes, with investors now awaiting more clues. And following a...

The New Zealand dollar stabilized on Thursday after the release of data and the policy decisions of the central bank. Earlier government data showed retail sales rose 0.5% in the first quarter, while analysts expected a 0.3% drop. Core sales rose 0.4%, while analysts expected no change. The Reserve Bank of New Zealand recently decided to hold interest rates unchanged...

Yen declined in Asian trade on Friday against a basket of major rivals, extending losses for the third straight session against the dollar and almost touching three-week lows, under close supervision of the Bank of Japan which could intervene at any time. Recent government data showed inflationary pressures have receded on BOJ policymakers, further damaging the odds of Japanese rate...

Dollar fell in European trade on Friday against a basket of major rivals, giving up one-week highs and on track for the first loss in seven days on profit-taking. Despite the decline, the greenback is heading for the best weekly profit in a month and a half after the Fed's latest meeting minutes reduced the odds of multiple rate cuts...

03:53 PM EST, 11/06/2024 (MT Newswires) -- US benchmark equity indexes were on track to close at all-time highs Wednesday after Donald Trump won the presidential election. The Dow Jones Industrial Average was up 3.6% at 43,737.4, while the Nasdaq Composite jumped 3% to 18,985.3. The S&P 500 rose 2.6% to 5,931.8. Among sectors, financials saw the biggest gain, up...

03:35 PM EST, 11/06/2024 (MT Newswires) -- Financial stocks surged in late Wednesday afternoon trading with the NYSE Financial Index jumping 4.2% and the Financial Select Sector SPDR Fund (XLF) soaring 6%. The Philadelphia Housing Index fell 1.2%, and the Real Estate Select Sector SPDR Fund (XLRE) slumped 2.7%. Bitcoin (BTC-USD) jumped 9.6% to $75,965, and the yield for 10-year...

03:59 PM EST, 11/06/2024 (MT Newswires) -- Health care stocks were mixed late Wednesday afternoon, with the NYSE Health Care Index easing 0.2% and the Health Care Select Sector SPDR Fund (XLV) up 0.1%. The iShares Biotechnology ETF (IBB) rose 0.9%. In corporate news, Cencora ( COR ) shares jumped 5.1% after it said Wednesday it agreed to buy Retina...

03:55 PM EST, 11/06/2024 (MT Newswires) -- Energy stocks were sharply higher late Wednesday afternoon, with the NYSE Energy Sector Index rising 2.7% and the Energy Select Sector SPDR Fund (XLE) climbing 4.3%. The Philadelphia Oil Service Sector index jumped 8.3%, while the Dow Jones US Utilities index was down 0.6%. US crude oil stocks, including those in the Strategic...

TikTok, owned by China's ByteDance, has 125 million active monthly users in Indonesia, a country of more than 270 million people. It has been looking to translate the large user base into a major e-commerce revenue source.

According to a press release, clusters economically viable for drone use will be identified, with 15,000 women SHGs in selected states receiving Central Financial Assistance covering 80% of drone costs, up to ₹8 lakh.

The initiative, conducted in collaboration with IIT Bombay and the Department of Consumer Affairs (DoCA), aims to assess the application of large language models (LLM) in enhancing the efficiency of India's consumer grievance redressal system.

Over two decades, Google said that it has employed machine learning and AI to enhance products, focusing on language translations, flood forecasts, and agricultural productivity in India.

Besides Clapton, Alicia Silverstone, Rob Schneider and Woody Harrelson (who later retracted) have publicly supported RFK Jr, who reportedly said COVID-19 may just be 'ethnically targeted.' The virus targets Caucasians and Black people while sparing Ashkenazi Jewish people and Chinese people, he said at a New York dinner.

The investigation moving forward would be the most productive thing that can happen now, according to Blinken's statement.

Canadian Prime Minister Justin Trudeau also said on Tuesday (September 19) his government does not seek to 'escalate' tensions with India. This, in the backdrop of the two countries expelling a senior diplomat each.

Greece has repeatedly asked the British Museum to permanently return the 2,500-year-old sculptures that British diplomat Lord Elgin removed from the Parthenon temple in the early 19th century when he was ambassador to the Ottoman Empire.

For the last several years, Starbucks has been testing different kinds of plastics. In 2019, the company went to a straw less lid, eliminating a good amount of plastic. By the end of 2023, the goal is to reduce by 15 percent the amount of material in each cup.

The firm and dispatchable renewable energy (FDRE) project, designed with a hybrid of solar, wind, and battery storage, is aimed at providing a stable and dispatchable energy supply during peak hours. Shares of Tata Power Company Ltd ended at ₹270.75, up by ₹12.60, or 4.88%, on the BSE.

Aulerth's offerings range from ₹5,000 to as high as ₹2.8 lakh. Are women willing to spend this much on jewellery made from scrap? Founder and CEO Vivek Ramabhadran definitely believes so. Aulerth produces couture-inspired pieces in association with designers like JJ Valaya, Suneet Varma, among others. It has reported 33% repeat customers in the past year and expects a spike to 40% soon.

Projected to generate 482 million units in its inaugural year post-commissioning, the cumulative energy generation over a 25-year span is anticipated to reach 12,050 million units. Shares of SJVN Ltd ended at ₹75.17, down by ₹0.50, or 0.66%, on the BSE.

Lessons from the Crypto crash in 2022 point to a brighter future for the industry in the coming years. The...

A research paper published in 2021 by the Blockchain Research Lab looked into the instances when Elon’s tweets caused DOGE prices to surge drastically.

Most cryptocurrencies fell on Thursday. The global crypto market cap stood at nearly $810 billion, with a volume of $25.8 billion in the past 24 hours. "Most cryptocurrencies saw a slight drop in value following the release of the US consumer confidence report, which reached an eight-month high," Edul Patel, CEO and Co-founder of Mudrex highlighted.

Unlike a multi-sig wallet, which requires more than a single private key for validating a transaction, an MPC wallet uses a single private key which is sharded and distributed between multiple individuals.