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Yen skids to three-month low as the gap in treasury yields widens
Yen skids to three-month low as the gap in treasury yields widens
Oct 26, 2024
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...
US dollar heads for fresh weekly profit
US dollar heads for fresh weekly profit
Oct 26, 2024
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...
Euro rebounds ahead of major eurozone data
Euro rebounds ahead of major eurozone data
Oct 27, 2024
The euro rose in European trade on Thursday against a basket of major rivals after a wave of losses across three sessions, with the euro eventually settling above 3-⅕ month lows against the US dollar. It comes ahead of major data on the eurozone sectors later today, which would shed important light on the health of the European economy in...
Yen skids to three-month trough as Japanese governing coalition loses majority
Yen skids to three-month trough as Japanese governing coalition loses majority
Oct 28, 2024
The Japanese yen skidded in Asian trade on Monday to three-month lows against the US dollar, after the election loss by the current Japanese parliamentary governing coalition, which could impede future interest rate hikes by the Bank of Japan. The yen is also pressured by a surge in US 10-year treasury yields, amid speculation about a cautious stance by the...
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Brahmapuram waste plant fire: Kerala Assembly witnesses uproarious scenes, LoP says CM running away from issue
Brahmapuram waste plant fire: Kerala Assembly witnesses uproarious scenes, LoP says CM running away from issue
Mar 13, 2023
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. 
ED attaches over Rs 10-crore assets in resort scam involving ex-Maha minister Anil Parab
ED attaches over Rs 10-crore assets in resort scam involving ex-Maha minister Anil Parab
Jan 4, 2023
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.
Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Nov 6, 2023
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.
What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
Jul 12, 2023
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.
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Canadian national pleads guilty to stealing Tesla trade secrets
Canadian national pleads guilty to stealing Tesla trade secrets
Jun 13, 2024
(Reuters) - A Canadian resident of China pleaded guilty in New York federal court on Thursday to stealing Tesla electric-vehicle battery manufacturing trade secrets and conspiring to sell them to undercover government agents, according to the U.S. Department of Justice (DOJ). Klaus Pflugbeil, 58, the operator of a China-based business that sells technology used in electric vehicles, faces up to...
Canada's parliament grills bank CEOs on climate policy in rare meeting
Canada's parliament grills bank CEOs on climate policy in rare meeting
Jun 13, 2024
TORONTO, June 13 (Reuters) - The CEOs of Canada's big five banks on Thursday reassured members of parliament about their commitment to fighting climate change, but said reducing funding for fossil fuel extraction would take time and more works need to be done to reach net zero emissions. In a rare meeting, MPs grilled the heads of Royal Bank of...
Tempus AI announces pricing of US IPO
Tempus AI announces pricing of US IPO
Jun 13, 2024
June 13 (Reuters) - SoftBank Group-backed Tempus AI announced on Thursday the pricing of its initial public offering of 11.1 million ordinary shares at a price of $37 apiece. ...
NYCB acquired Signature Bank assets with total fair value of $37.8 billion
NYCB acquired Signature Bank assets with total fair value of $37.8 billion
Jun 13, 2024
(Reuters) - New York Community Bancorp ( NYCB ) said on Thursday it acquired the assets of the failed Signature Bank ( SBNY ) with an estimated total fair value of $37.8 billion. In March 2023, its subsidiary, Flagstar Bank, had assumed substantially all of Signature Bank's ( SBNY ) deposits and some of its loan portfolios from the Federal...
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Important Pi Network (PI) Update: Users Are Losing Patience
Important Pi Network (PI) Update: Users Are Losing Patience
Jan 31, 2025
TL;DR Pi Network has once again extended the Grace Period, sparking concerns over the lack of progress. While doubts persist, the project continues to attract new users, with strong adoption in countries like South Korea and India. Nothing Surprising The team behind Pi Network extended the deadline for Know-Your-Customer (KYC) verifications and migration to the mainnet to February 28, 2025....
Bitcoin Price Analysis: This Is BTC’s Road to $115K
Bitcoin Price Analysis: This Is BTC’s Road to $115K
Jan 31, 2025
Bitcoin has been consolidating above a crucial support region, signaling strong buyer interest and a potential bullish breakout. If BTC reclaims the $108K resistance, it could trigger a short liquidation cascade, propelling the price toward $115K. Technical Analysis By Shayan The Daily Chart Bitcoins price action remains on a bullish trajectory, with the ascending channel’s middle trendline acting as a...
USDT Expands to Bitcoin’s Lightning Network, Aiming for Faster and Cheaper Transactions
USDT Expands to Bitcoin’s Lightning Network, Aiming for Faster and Cheaper Transactions
Jan 31, 2025
Stablecoin issuer Tether has announced the integration of USDT into Bitcoins ecosystem, including its base layer and the Lightning Network. This integration utilizes Taproot Assets, a protocol powered by Bitcoins Taproot upgrade and developed by Lightning Labs. The announcement was made during a fireside chat at the first Plan ₿ Forum in El Salvador by Tether CEO Paolo Ardoino and...
Grayscale Files for Ripple (XRP) ETF Listing on NYSE
Grayscale Files for Ripple (XRP) ETF Listing on NYSE
Jan 30, 2025
Grayscale has applied to the U.S. Securities and Exchange Commission (SEC) to change its XRP Trust into an exchange-traded fund (ETF) on NYSE Arca. According to a filing lodged with the regulatory agency, the XRP Trust is among the largest investment instruments anchored to Ripple’s native token, with more than $16 million in assets under management. Spot XRP ETF Grayscale’s...
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