The Australian dollar rose in Asian trade on Wednesday against the US dollar after a short hiatus yesterday, with the pair heading towards four-month high and about to mark the second monthly profit in a row. Earlier Sydney data showed inflationary pressures remained persistent on monetary policymakers, casting doubts on the odds of an Australian interest rate cut in May....

The Australian dollar tumbled on Tuesday against a basket of major rivals, resuming losses against the US counterpart after a short hiatus and becoming the worst performing G8 currency after the RBAs rate cut. The Reserve Bank of Australia voted to cut interest rates by 25 basis points to 3.85%, the lowest since May 2023, as inflation cooled. The Price...

The Australian dollar rose in Asian trade on Wednesday against a basket of major rivals, expanding gains for the second straight session against the US dollar and hitting a week high, while approaching five-week highs following strong Australian wages data. The data renewed inflationary pressures on the Reserve Bank of Australias policymakers, which hurt the odds of a rate cut...

The Australian dollar fell against most major rivals on Thursday despite strong labor data. Australia's unemployment rate was unchanged in April at 4.1%, same as March, and matching expectations. The Australian economy added 89.0 thousand new jobs in April, easily beating estimates of a 20.9 thousand addition, while March's reading was revised to show the addition of 32.2 thousand jobs...

12:56 PM EDT, 06/10/2024 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds, including IWM and IVV, rose Monday. Actively traded Invesco QQQ Trust (QQQ) climbed 0.4%. US benchmark stock indexes were mixed in choppy trading at midday as most government bond yields rose ahead of the latest reads on inflation and monetary policy. Energy iShares US Energy ETF (IYE)...

01:43 PM EDT, 06/10/2024 (MT Newswires) -- Kwesst Micro Systems ( KWE ) said Monday it received a sub-contract valued at up to 48 million Canadian dollars ($34.8 million) from Thales Canada to deliver software services to support the Canadian Army's digital modernization efforts. Shares surged 122% as intraday trading volume catapulted to more than 257 million from a daily...

12:27 PM EDT, 06/10/2024 (MT Newswires) -- US benchmark stock indexes were mixed in choppy trading at midday on Monday as most government bond yields kicked off the week on a higher note ahead of the latest reads on inflation and monetary policy. The Nasdaq Composite climbed 0.3% to 17,190.2, with the S&P 500 up 0.1% to 5,354.1. The Dow...

Most US stock indices fell mildly on Monday as markets await important events this week. They include the Federal Reserves policy meeting this week, expected to maintain interest rates unchanged, with Fed Chair Jerome Powell talking later about the future of policies. Markets also await US consumer prices data later this week, in addition to producer prices data. On trading,...

In its bid to address the climate change, Amazon has added more than 1,800 electric vehicles from Mercedes-Benz Vans to its delivery fleet in Europe this year.

Chinese smartphone company OnePlus' India R&D facility is making a significant contribution, especially in software development, and is poised to become its largest research facility globally by 2022, a top company executive said.

Mayer will be replaced by US General Manager Vanessa Pappas on an interim basis.

Those availing Rs 999 and Rs 1499 plans are also given free subscription for 11 and 12 OTT apps respectively.

Accusing Kejriwal of being busy with election campaigning in poll-bound states and waking up to the situation late, Minister of State for Consumer Affairs, Food, and Public Distribution, Ashwini Kumar Choubey, said that the Centre had held a meeting with Chief Secretaries and senior officials from four North Indian states on 20th October to discuss measures to reduce air pollution, which he claims weren't adopted by the AAP-led governments.

Activists have contended that words like "ecotourism facilities" and "any other purposes" are too vague and may pave the way for widespread exploitation and misuse.

The new bill exempts registered AYUSH practitioners and people accessing codified traditional knowledge, from sharing benefits with local communities or giving prior intimation to state biodiversity boards before accessing biological resources.

On Tuesday, the Gehlot government invited bids for both projects to build the dams within the next four years. The chief minister had announced both projects in last year’s budget.

From the m-cap of BSE-listed companies crossing the $4 Tn mark to the most memorable quotes by Charlie Munger,  here's a rundown of 11 significant news stories to keep you in the know:

John Boumphrey, Amazon's UK Country Manager, told reporters that in the UK alone the online retail giant last year sold more than 4 million used or refurbished products at a discount.

Shares of Aster DM Healthcare Ltd ended at ₹332.65, down by ₹4.75, or 1.41%, on the BSE. Founded in 1987 from a single clinic in Dubai, Aster DM has a strong presence across primary, secondary, tertiary, and quaternary healthcare and runs 33 hospitals, 127 clinics, 527 pharmacies, and 229 labs and patient experience centres in six Gulf countries and India.

The Australia-India Economic Cooperation and Trade Agreement (AI-ECTA) entered into force on December 29, 2022. Since the agreement, it has already seen a reduction in tariff on Australian wine bottles costing over $5 per bottle. The tariff was as high as 150%. In next eight years, the tariff will decline further.

TL;DR XRP gained 20% in a week, with analysts predicting a rise to $3.70 or even $9.50 if key resistances are broken. Trump’s return as US president and pro-crypto SEC leadership could favor Ripples lawsuit, reducing regulatory uncertainty for XRP and potentially triggering upward pressure for the price. Is XRP Gearing up for a Breakout? The cryptocurrency market has experienced...

Bitcoins adventure above $100,000 was short-lived as the asset plummeted below that level roughly 24 hours after breaching it yesterday. As expected, the altcoins have suffered even more, with massive price drops from the likes of LINK, DOGE, AVAX, SUI, SHIB, and many others. CryptoPotato reported yesterday that BTCs price finally broke above $100,000 after a nearly three-week hiatus. This...

Over the past 24 hours, the crypto market has taken an unexpected yet appealing turn. The valuation of leading crypto assets like bitcoin (BTC) has soared to heights not seen since the start of the year. The latest market performance has prompted crypto experts like Arthur Hayes, BitMEX’s co-founder and former CEO, to restructure their projections. In his latest report,...

As 2025 begins, the possibility of bitcoin (BTC) experiencing a significant correction in this first quarter is high. However, declining sell-side liquidity suggests the cryptocurrency could also see further gains in the medium term. In the latest edition of the Bitfinex Alpha report, analysts revealed that much of the downside pressure predicted for Q1 2025 may have already eased off...