The Japanese yen weakened in Asian trading on Tuesday against a basket of major and secondary currencies, extending its losses for a second consecutive session against the US dollar, as investors continued favoring the US currency as the top safe-haven asset amid escalating geopolitical tensions between the United States and Iran, especially after Tehran rejected the US peace proposal. The...

The Japanese yen declined in the Asian market on Monday against a basket of major and secondary currencies, moving further away from its three-month highs against the US dollar and trading in negative territory as investors focused on buying the US currency as the best alternative investment amid fears of a renewed Iranian war, especially after the United States rejected...

The euro declined in European trading on Tuesday against a basket of global currencies, extending its negative movement for a second consecutive session against the US dollar, as investors continued favoring the US currency as the top safe-haven asset amid fading hopes for a US-Iran agreement that could end military tensions in the Middle East. With global oil prices continuing...

The euro declined in the European market on Monday against a basket of global currencies, moving away from its three-week highs against the US dollar as investors focused on buying the US currency as the best alternative investment amid stalled negotiations between the United States and Iran and the possibility of renewed military confrontations in the Middle East. After global...

01:43 PM EDT, 08/01/2024 (MT Newswires) -- Energy stocks fell Thursday afternoon, with the NYSE Energy Sector Index declining 2.3% and the Energy Select Sector SPDR Fund (XLE) dropping 2.6%. The Philadelphia Oil Service Sector index slumped 4.6%, and the Dow Jones US Utilities index rose 1.7%. West Texas Intermediate crude oil fell 1.2% to $76.97 a barrel, while global...

02:00 PM EDT, 08/01/2024 (MT Newswires) -- Health care stocks advanced Thursday afternoon with the NYSE Health Care Index up 0.7% and the Health Care Select Sector SPDR Fund (XLV) climbing 0.8%. The iShares Biotechnology ETF (IBB) fell 0.6%. In corporate news, Moderna ( MRNA ) shares tumbled 20%. The company reported better-than-expected Q2 results but lowered the full-year product...

01:46 PM EDT, 08/01/2024 (MT Newswires) -- Financial stocks were retreating in Thursday afternoon trading, with the NYSE Financial Index dropping 1.8% and the Financial Select Sector SPDR Fund (XLF) falling 1.5%. The Philadelphia Housing Index was falling 2%, while the Real Estate Select Sector SPDR Fund (XLRE) was up 1.1%. Bitcoin (BTC-USD) was declining 3.2% to $62,526, and the...

01:53 PM EDT, 08/01/2024 (MT Newswires) -- Consumer stocks were mixed Thursday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.7% and the Consumer Discretionary Select Sector SPDR Fund (XLY) falling 2.7%. In corporate news, Wayfair's ( W ) shares tumbled 9%. The company's revenue unexpectedly fell in Q2 as the broader home goods category experienced a...

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.

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.

Nearly all Open AI employees have threatened to quit unless the board stepped down with both Microsoft and Salesforce putting out offers to poach the disgruntled employees.

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.

Russia-Ukraine crisis: The NATO hope clearly is that Russian forces struggle against poor Ukraine that it outmatches overwhelmingly by way of a military arsenal. Russia will not be in a hurry to attack Finland which gave Russian forces more than a fight in 1939, and which showed its unexpected might again during World War II.

When asked if the border dispute will figure in the PM level talks, India's foreign secretary said it is being dealt through ‘existing bilateral mechanisms.' Ties between the neighbours came under severe strain after Kathmandu published a new political map in 2020 that showed three Indian territories — Limpiyadhura, Kalapani and Lipulekh — as part of Nepal. 

Sheikh Khalifa bin Zayed Al Nahyan was the eldest son of the founding leader of UAE Zayed bin Sultan Al Nahyan. As the 16th emir of Abu Dhabi and president of the UAE, he has been the leader of the country since November 2004 when he was first elected as the president.

In a late-night address to the nation, President Gotabaya Rajapaksa refused to quit, but promised to appoint a new prime minister and a young Cabinet this week which would introduce key constitutional reforms to curb his powers, amid protests over the nation's worst economic crisis that ousted his elder brother Mahinda Rajapaksa.

Pfizer announced the deal in March, its largest purchase in a string of recent acquisitions thanks to a once-in-a-lifetime cash windfall from its COVID-19 vaccine and treatment.

ANZ managers have informed their respective teams about the new policy this week in generic emails, reaffirming the bank's expectation that staff devote at least half their working hours in the office each month, afr.com reported.

The sanctions are financial penalties meant to block access to funds held in the U.S. and to prevent the people and entities from doing business with American people and firms.

The airline, which was once considered the pride of Pakistan and was the first international airline to be given access to fly to Beijing, is said to be suffering millions in losses on a daily basis.

Asset management firm Fidelity wants traders of its proposed spot Ethereum exchange-traded fund (ETF) to be able to stake their assets upon the products approval. The financial giant included the request in an amendment of its November 17 application to launch a spot Ethereum ETF in the United States. Fidelity Includes Staking in ETF Proposal Per a 19b-4 amendment filed...

Binance disclosed in its 16th proof-of-reserves (PoR) snapshot that its assets exceeded $100 billion as of March 18. The exchange views this milestone not merely as an “arbitrary number” but as evidence of continued trust in Binance and a strong indication of the crypto markets solid performance. Binances User Asset Holdings Surge In a blog post, the company revealed that...

Grayscale CEO Michael Sonnhenshein has promised to lower the management fee of the companys spot Bitcoin ETF, whose above-average cost has led to overwhelming outflows in recent months. In an interview with CNBC on Monday, the executive promised that the fee will drop over time as the crypto ETF market matures. “I’ll happily confirm that, over time, as this market...

TL;DR A trader made over $3 million from investing in different types of meme coins. While some investors have achieved life-changing profits from such activities, the sectors notorious volatility also poses significant risks of losses. The meme coin sector continues to spew tokens that experience substantial price increases in a short period of time, thus offering investors the chance to...