The yen fell in European trade on Wednesday against a basket of major rivals, sharpening the losses for the third straight session against the US dollar and hitting three-month lows amid concerns about a wider US-Japan gap in government treasury yields. Recent bearish remarks from Japanese officials hurt the odds of a third BOJ interest rate hike this year, while...

The Australian dollar tumbled in Asian trade on Wednesday to 2-⅕ month lows against the US dollar, sharpening the decline for the fourth straight session after inflation in Australia cooled to three-year lows, reducing the pressure on the Reserve Bank of Australia. The new data boosted the odds of an interest rate cut by the RBA in December, as investors...

Euro rose in European trade on Wednesday on track for the third profit in a row against the US dollar, hitting a week high after data showed Spanish inflation rose past estimates in October, renewing the pressure on the European Central Bank. The odds of a 0.25% ECB interest rate cut in December dipped, with investors now waiting for official...

The US dollar rose in European trade on Friday against a basket of major rivals, resuming gains after a short hiatus, and approaching three-month highs once more. The gains come amid a surge in US 10-year treasury yields after bullish remarks from some Fed officials, and strong US data, which hurt the odds of an aggressive pace for US interest...

01:53 PM EDT, 08/29/2024 (MT Newswires) -- Financial stocks advanced in Thursday afternoon trading with the NYSE Financial Index up 0.7% and the Financial Select Sector SPDR Fund (XLF) rising 1%. The Philadelphia Housing Index added 0.6%, while the Real Estate Select Sector SPDR Fund (XLRE) shed 0.4%. Bitcoin (BTC-USD) increased 2.3% to $60,423, and the yield for 10-year US...

01:56 PM EDT, 08/29/2024 (MT Newswires) -- Consumer stocks were mixed Thursday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) decreasing 0.3% and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 1.1%. In corporate news, Best Buy ( BBY ) shares jumped nearly 16% in recent trading. The company lifted its full-year earnings outlook following better-than-expected fiscal...

01:46 PM EDT, 08/29/2024 (MT Newswires) -- Energy stocks gained Thursday afternoon with the NYSE Energy Sector Index rising 1% and the Energy Select Sector SPDR Fund (XLE) adding 1.5%. The Philadelphia Oil Service Sector index advanced 1.7%, and the Dow Jones US Utilities index was up 0.5%. West Texas Intermediate crude oil rose 1.7% to $75.77 a barrel, while...

02:19 PM EDT, 08/29/2024 (MT Newswires) -- US benchmark equity indexes were higher intraday as markets evaluated the latest economic data and corporate results, including those from Nvidia ( NVDA ) . The Dow Jones Industrial Average was up 1.1% at 41,521.8 after midday Thursday, while the Nasdaq Composite rose 1% to 17,726. The S&P 500 advanced 0.8% to 5,635.5....

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.

Karnataka Chief Minister Siddaramaiah, this policy revision reflects the Karnataka government's commitment to staying ahead of all and fostering growth in this critical sector.

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.

According to Google, the use of artificial intelligence (AI) by developers to build and offer enhanced user experiences emerged as one of the top innovation trends in apps and games. Several of the local developers on the list have even integrated AI into their offerings.

Egypt helped broker the truce that has held since May 21, a diplomatic success that thrust it into the spotlight.

Nepal's Opposition alliance on Sunday urged all state institutions not to support Prime Minister K P Sharma Oli government's "unconstitutional" and "anti-democratic" activities and expressed hope that the Supreme Court's verdict on the petitions against the dissolution of the lower house of Parliament will come in its favour, according to a media report.

A year after George Floyd’s murder, we look at the sequence of events leading to his death and how it triggered massive anti-race protests in the US.

The US senate is eyeing R&D bill that would not only boost manufacturing but also make the country more competivie with China and other countries. The centerpiece of the bill is a USD 50 billion emergency allotment to the Commerce Department to stand up for semiconductor development and manufacturing through research and development and incentive programs previously authorized by Congress.

TotalEnergies SE ( TTE ) shares are trading higher after the company disclosed the acquisition of Tecoil, a Finnish company specializing in the production of Re-Refined Base Oils (RRBOs). Currently, Tecoil operates a production facility in Hamina, eastern Finland, capable of producing 50,000 tons of RRBOs per year. Tecoil has established its own circular economy network across Europe to collect...

07:48 AM EDT, 07/01/2024 (MT Newswires) -- Amazon's ( AMZN ) Amazon Web Services is among tech companies attempting to secure deals to power AI data centers from US nuclear reactors, The Wall Street Journal reported Monday. The owners of roughly a third of US nuclear reactors are in talks with tech companies to provide electricity, the Journal reported. Amazon...

07:47 AM EDT, 07/01/2024 (MT Newswires) -- Chewy (CHWY) shares were up over 17% after stock influencer Keith Gill disclosed a 6.6% stake in the company. Datasea ( DTSS ) stock was 9% higher following a 2.5% increase in the previous session. Cassava Sciences ( SAVA ) shares were up 2%, shaving Friday's losses. Price: 31.96, Change: +4.72, Percent Change:...

07:50 AM EDT, 07/01/2024 (MT Newswires) -- AstraZeneca ( AZN ) said Monday that its marketing authorization application for sipavibart has been accepted by the European Medicines Agency under an accelerated assessment procedure. Sipavibart is an investigational antibody to provide pre-exposure prophylaxis of Covid-19 in immunocompromised patients, the company said. An accelerated assessment shortens the timeframe for the agency's Committee...

TL;DR The cryptocurrency market added $200 billion recently, with BTC and ETH seeing significant rises. Cat-themed tokens witnessed even more substantial gains, with one such asset rising to an all-time high. Following an assassination attempt on Donald Trump, Trump-themed meme coins experienced notable price increases, benefiting some early investors. The Newest Member of the Club The cryptocurrency market has flashed...

The popular meme coin Shiba Inu (SHIB) has been one of the best-performing top 20 cryptocurrencies in the past seven days, with its price jumping by over 17% (per CoinGeckos data).  It witnessed a 7% increase in 24 hours, and in the following lines, we will outline the possible reasons behind the impressive rally. Shibariums Progress The further advancement of...

Over $35 million in stolen funds from the infamous $305 million DMM Bitcoin hack have been laundered via Huione Guarantee, an online marketplace operated by the Cambodian conglomerate Huione Group. It is interesting to note that this platform is part of a company linked to the Cambodian ruling family and has emerged as a significant hub for illicit funds in...

Just as Bitcoin reclaimed the $63,000 level at the start of this week, Whale Alert has identified the activation of a dormant address containing 1,000 BTC, worth approximately $60 million, on July 15th, after more than a decade of inactivity. This wallet initially received the stash around 11 years and 9 months ago, on September 25, 2012, valued at a...