financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
US dollar hovers near multi-week lows, Sterling edges up against Euro
US dollar hovers near multi-week lows, Sterling edges up against Euro
Jul 21, 2025
The British pound posted a slight gain against the dollar and euro on Monday, but remained near multi-week lows against both currencies, as investors continued to focus on Bank of England policy and the UK's deteriorating fiscal outlook. Sterling rose by 0.3% against the dollar to reach $1.3452, slightly above its eight-week low of $1.33655 recorded last week. UK economic...
Yen climbs after governing party's election defeat
Yen climbs after governing party's election defeat
Jul 21, 2025
The Japanese yen rose in the Asian market on Monday at the start of the trading week against a basket of major and minor currencies, heading toward its first gain in the last three days against the US dollar, amid accelerating safe-haven buying of the currencyespecially after Japans ruling coalition lost its majority in the House of Councillors. Data released...
Yen declines as investors digest Japanese election results
Yen declines as investors digest Japanese election results
Jul 22, 2025
The Japanese yen declined in Asian markets on Tuesday, erasing some of the strong gains it posted against the US dollar in the previous session, as investors digested the results of Japans upper house elections. Meanwhile, broader Japanese markets showed a muted response after reopening from Mondays public holiday. Last weeks inflation data out of Tokyo showed a softening in...
How Huawei ascended from telecom giant to AI powerhouse in China
How Huawei ascended from telecom giant to AI powerhouse in China
Jul 21, 2025
Despite years of US trade restrictions, Chinese telecom giant Huawei has quietly emerged as one of Chinas strongest contenders in the field of artificial intelligence. Based in Shenzhen, the company is not only seen as Chinas answer to US AI chip leader Nvidia but was also among the first to monetize AI models through industrial applications. Huawei has been forced...
World >
Market >
Environment >
Technology >
AIOZ Network Partners With Alibaba Cloud to Boost AI, Storage and Streaming Services
AIOZ Network Partners With Alibaba Cloud to Boost AI, Storage and Streaming Services
Mar 22, 2024
The two companies will establish a DePIN alliance in south-east Asia.AIOZ's native token is currently trading flat after the announcement, it is up by more than 200% in 30 days.AIOZ Network will use Alibaba Cloud to improve Web 3, AI, storage and streaming services.Decentralized infrastructure network (DePIN) AIOZ Network has become the leading blockchain partner in Alibaba Cloud’s Innovation Accelerator...
Japan braces for life with interest rates after historic change
Japan braces for life with interest rates after historic change
Mar 21, 2024
TOKYO (Reuters) - In the coming years, Satoaki Kanoh needs to replace almost a dozen ageing machines at his Tokyo-based maker of acrylic panels, a major undertaking that he worries will become even more expensive. Ideally, I'd like to do one a year. But I don't have that much money, Kanoh said of the customised pieces of machinery that cost...
Japan braces for life with interest rates after historic change
Japan braces for life with interest rates after historic change
Mar 21, 2024
TOKYO, March 22 (Reuters) - In the coming years, Satoaki Kanoh needs to replace almost a dozen ageing machines at his Tokyo-based maker of acrylic panels, a major undertaking that he worries will become even more expensive. Ideally, I'd like to do one a year. But I don't have that much money, Kanoh said of the customised pieces of machinery...
Analysis-Apple antitrust suit mirrors strategy that beat Microsoft, but tech industry has changed
Analysis-Apple antitrust suit mirrors strategy that beat Microsoft, but tech industry has changed
Mar 22, 2024
(Reuters) - The U.S. government's antitrust lawsuit against Apple ( AAPL ) draws on the watershed 1998 case that broke Microsoft's ( MSFT ) stranglehold on desktop software, but that may prove to be an imperfect blueprint for addressing smartphone competition. The market for the iPhone today looks very different from the near-monopoly enjoyed by Microsoft's ( MSFT ) Windows...
Personal Finance >
Politics >
Retail >
Business >
Economy >
Cryptocurrency >
Forex >
Copyright 2023-2026 - www.financetom.com All Rights Reserved