The US dollar fell in European trade on Monday against a basket of major rivals, hitting a five-week trough amid concerns about the US debt levels. Now investors await important remarks by several Fed officials as they look for more clues on the odds of multiple Fed rate cuts this year. The Index The dollar index fell 0.4% to 98.69,...

The Japanese yen rose in Asian trade on Monday against a basket of major rivals, expanding gains for the second straight session against the dollar and hitting a four-week high on haven demand amid concerns about US debt levels following Trumps tax reform bill. The gains are boosted as well by increasing inflationary pressures on Bank of Japans policymakers, which...

The euro rose in European trade on Monday against a basket of major rivals, extending gains for the second straight session against the dollar and hitting a four-week high as US President Donald Trump gave the EU another chance to reach a trade deal. Recent eurozone inflation data led to divisions between European Central Bank policymakers on the decision to...

The US dollar rose in European trade on Tuesday for the first time in three sessions against a basket of major rivals, as it tries to recover from five-week lows on short-covering. Now traders await important US data later today to assess the odds of future Fed rate cuts. The Index The dollar index rose 0.5% to 99.44, with a...

04:09 PM EDT, 10/18/2024 (MT Newswires) -- US benchmark equity indexes ended higher Friday as markets assessed the latest batch of earnings. * US housing starts decreased last month as gains in single-family projects were more than offset by a decline in the multi-family component, government data showed. Looking further ahead, we look for starts to begin a recovery that...

Oct 18 (Reuters) - Wytec International Inc ( WYTC ): * WYTEC ANNOUNCES ITS UPLISTING PREPARATION TO THE NASDAQ CAPITAL MARKETS IN CONJUNCTION WITH COMPLETING ITS AI GUNSHOT DETECTION TECHNOLOGY Source text for Eikon: Further company coverage: ...

04:10 PM EDT, 10/18/2024 (MT Newswires) -- US existing home sales in September fell to an all-time low aside from the start of the coronavirus pandemic, with overall deal closings in Florida impacted by Hurricane Helene, Redfin (RDFN) said Friday. Existing home sales dropped 0.5% sequentially and 3% annually last month to a seasonally adjusted annual rate of about 4.02...

04:55 PM EDT, 10/18/2024 (MT Newswires) -- US equity indexes rose this week as earnings got off to a good start and expectations for an interest-rate cut remained alive amid relatively strong macroeconomic data. * The Dow Jones Industrial Average ended at 43,275.91 on Friday, compared with 42,863.93 a week ago. The Nasdaq Composite closed at 18,489.55 versus 18,342.94 a...

Both Alibaba and traditional rival JD.com are coming off a disappointing Singles' Day campaign, with only single-digit percentage growth during their signature annual shopping festival.

Efforts by a group of OpenAI executives and investors to reinstate Sam Altman to his role as chief executive officer...

Russia has repeatedly clashed with foreign technology companies over content, censorship, data and local representation in a simmering dispute that intensified after Moscow sent its armed forces into Ukraine in February 2022.

The state-of-the-art campus plans to host approximately 3,000 AMD engineers in the coming years, and is focused on the design and development of semiconductor technology, including 3D stacking, artificial intelligence and machine learning.

The probe pertains to Dapoli resort, which is allegedly illegal. The former minister and Shiv Sena (Uddhav) leader, Anil Parab, allegedly wangled a permit to use land meant for agricultural use. The ED had started the investigation under the the Prevention of Money Laundering Act (PMLA) after a complaint from the Environment Ministry.

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.

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.

A fire that broke out at the waste treatment plant in Kochi on March 2, 2023, continues to spread toxic fumes even after 11 days of the incident. The Kerala government has said that 95 percent of the fire has been extinguished, but the smoke from the landfill has not entirely subsided. 

05:04 AM EDT, 03/22/2024 (MT Newswires) -- Hutchmed ( HCM ) said late Thursday it has started the registration stage for a phase 2/3 clinical trial of investigational drug sovleplenib for adult patients with warm antibody autoimmune hemolytic anemia in China. The move follows positive data from the proof-of-concept phase 2 stage of the trial and a consultation with the...

(Reuters) - Popular investor Cathie Wood's ARK Invest bought nearly 10,000 shares of Reddit ( RDDT ) in the social media platform's strong market debut on Thursday, an email from the asset manager showed. A total of 9,982 shares of the loss-making company was added to ARK Next Generation Internet ETF ( ARKW ) and ARK Fintech Innovation ETF (...

(Reuters) - FedEx ( FDX ) shares surged in premarket trading on Friday after the parcel giant beat estimates for quarterly profit and reported a higher operating margin at Express, its largest unit. Shares of the company rose 12.4% to $297.75 before the bell, with rival UPS up 3.5%. FedEx ( FDX ) has taken several measures to protect margins...

March 22 (Reuters) - All of India's refiners are now refusing to take Russian crude carried on PJSC Sovcomflot tankers due to U.S. sanctions, Bloomberg News reported on Friday. Reuters reported earlier this week that India's Reliance Industries, operator of the world's biggest refining complex, would not buy Russian oil loaded on tankers operated by shipper Sovcomflot (SCF) after recent...

A group of U.S. lawmakers has called on President Joe Biden to intervene in the detention of Tigran Gambaryan, a high-ranking executive at Binance, who has been held by Nigerian authorities for nearly three months. The appeal, led by House Foreign Affairs Committee Chair Michael McCaul (R-Texas) and supported by 11 other congressional leaders, demands that the situation be treated...

Gary Gensler – chairman of the US Securities and Exchange Commission (SEC) – sat down with CNBC’s Mad Money host Jim Cramer on Wednesday to discuss the regulator’s Bitcoin and Ethereum ETF approvals, alongside what may be coming next. That included questions about whether obscure meme coins could soon receive their own ETFs, such as SushiSwap (SUSHI) and Bonk (BONK)....

Since mid-March, there has been a notable trend of large bitcoin holders or whales stashing more tokens. The latest data suggest that a particular cohort of whale addresses now collectively own more than 40% of the total bitcoin supply. Whales Gobble Up Bitcoin Supply The accumulation of bitcoin by large holders or whales holding over 1,000 BTC has been a...

With meme coins creating buzz all year, whales have doubled down on accumulating these tokens. One such whale has been massively accumulating Shiba Inu (SHIB) tokens, spending 4,849 ETH, worth around $18.44 million, to purchase a whopping 715.9 billion SHIB over the span of just six hours. This is an extraordinary buying spree, even for this particular investor, who has...