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...

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...

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...

Fedbank Financial Services IPO listing date: Despite the NBFC's strong track record of growth and profitability, along with its diversified customer portfolio, the lack of enthusiasm among investors could lead to a flat or even negative listing, analysts say.

The Gurugram-based fintech firm is working with DAM Capital Advisors and SBI Capital Markets for preparations of its listing. The company is aiming to file an initial prospectus as soon as next month and a share sale could happen in 2024.

CNBC-TV18 had reported on Thursday siting sources that Alipay, a unit of Jack Ma's Alibaba is looking to sell 29.6 crore shares or 3.4% of the company's overall equity in a block deal.

JPmorgan has maintained an 'overweight' rating on Reliance with a target of Rs 2,810 per share, while UBS has maintained a 'neutral' rating on Simens with a target of Rs 3,750 per share.

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.

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.

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.

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

The trade unions condemned the JNU violence and similar incidents in other university campuses and expressed their solidarity with students and teachers all over India.

"Congress, which has been using the minorities as a vote bank for decades, is now trying to divide the country on communal lines," Javadekar said.

Protests against the attack on Jawaharlal Nehru University (JNU) students rocked various parts of West Bengal on Monday as police had to baton-charge supporters of the Left and the BJP when the two sides engaged in a face-off in south Kolkata.

As we celebrate seventy years of Sino-Indian relations in 2020, it is good to remember the words of KM Panikkar, India’s first ambassador to China.

TOKYO (Reuters) -Japanese firms have agreed to raise pay by 5.25% this year, the biggest rise under comparable data since 2013, the country's largest union group Rengo confirmed on Friday. The results of the closely-watched wage negotiations are announced in several stages, in which the blue-chip firms are first to wrap up their talks in mid-March. The second announcement on...

(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...

HANOI, March 22 (Reuters) - Communist-ruled Vietnam is seeking its third president in little more than a year after the resignation of Vo Van Thuong, who was only elected last year after the sudden dismissal of his predecessor. With accumulated foreign direct investment higher than its gross domestic product, Vietnam's stability is crucial to multinationals with large operations in the...

The US Securities and Exchange Commission (SEC) and Ripple Labs have jointly asked a federal court in Manhattan to dissolve a previous injunction and release $125 million currently being held in escrow. The request, filed on Thursday in the Southern District of New York, marks the latest step toward a potential settlement in the nearly five-year legal battle over Ripple’s...

This week, we examine Ethereum, Ripple, Cardano, Solana, and Hype in greater detail. Ethereum (ETH) Ethereum began the week on a strong footing by testing the $2,800 resistance following a 10% rally. However, this suddenly came to a stop in the past 24 hours after Israel bombed Iran. The geopolitical tension pushed the whole crypto market down, and ETH erased...

A deep-pocketed Ethereum whale is defying the current crypto bloodbath, scooping up tens of thousands of ETH while panic grips the broader market. On June 13, blockchain tracking account Lookonchain revealed on X that the mysterious trader bought 48,825 ETH, worth approximately $127 million, from Coinbase and Wintermute, over an eight-hour period at an average price of $2,605 per coin....

TL;DR Although the entire crypto market is in the red today following the developments on the Israel-Iran front, Pi Networks price experienced a more substantial crash. Within just minutes, the assets price tumbled by over 35% before staging a recovery. Global uncertainty often impacts the entire cryptocurrency market immediately due to the volatile nature and its 24/7 trading availability. This...