The Australian dollar began Tuesdays session on a higher note after the Reserve Bank of Australia surprised markets by keeping the interest rate unchanged at 3.85%, defying expectations of a 25-basis-point cut. Meanwhile, investors await the release of the NFIB Business Optimism Index for June, the only item on todays US economic calendar, as attention remains focused on news related...

The New Zealand dollar declined in Asian trading on Wednesday against a basket of major and minor currencies, hitting a two-week low against its U.S. counterpart. The drop followed a widely expected decision by the Reserve Bank of New Zealand to leave interest rates unchanged at their lowest level in three years. The RBNZ stated that it expects to ease...

The Australian dollar rose broadly on Tuesday against a basket of global currencies, rebounding sharply from a two-week low against its U.S. counterpart, following an unexpected decision by the Reserve Bank of Australia to keep interest rates unchanged at 3.85%. The decision came as a surprise to the markets, which had confidently priced in at least a 25-basis-point rate cut....

At the conclusion of its July 8 meeting, the Reserve Bank of Australias Monetary Policy Committee decided on Tuesday morning to keep interest rates unchanged at 3.85%, the lowest level since May 2023, defying market expectations of a 25-basis-point rate cut. The Reserve Bank of Australia stated that it is waiting for additional information to confirm that inflation remains on...

03:54 PM EDT, 05/09/2024 (MT Newswires) -- Consumer stocks advanced late Thursday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) adding 0.7% and the Consumer Discretionary Select Sector SPDR Fund (XLY) climbing 0.6%. In corporate news, Tapestry (TPR) lowered its fiscal 2024 revenue guidance while reiterating its earnings forecast following mixed Q3 results with the top line hurt...

03:43 PM EDT, 05/09/2024 (MT Newswires) -- US benchmark equity indexes rose ahead of Thursday's close as traders assessed a report showing that weekly jobless claims jumped to the highest level since August. The Dow Jones Industrial Average was up 0.8% at 39,381.7, while the S&P 500 rose 0.5% to 5,210.9. The Nasdaq Composite added 0.2% to 16,342.6. Real estate...

03:33 PM EDT, 05/09/2024 (MT Newswires) -- Health care stocks rose late Thursday afternoon with the NYSE Health Care Index and the Health Care Select Sector SPDR Fund (XLV) each gaining 0.8%. The iShares Biotechnology ETF (IBB) rose 0.7%. In corporate news, RAPT Therapeutics ( RAPT ) shares plunged 40% after the company reported a wider loss in Q1 and...

03:55 PM EDT, 05/09/2024 (MT Newswires) -- Tech stocks were mixed in late Thursday afternoon trading, with the Technology Select Sector SPDR Fund (XLK) shedding 0.1% and the SPDR S&P Semiconductor ETF (XSD) up 0.3%. The Philadelphia Semiconductor index fell 0.6%. In corporate news, Trade Desk ( TTD ) shares spiked 2.5% after the company on Wednesday posted better-than-expected Q1...

Super app is a singular platform developed by a company that offers multiple services under one roof.

In an internal study done by Coca-Cola, the soda giant found that from farm to supermarket fridge, a litre of Coca-Cola creates 346 grams of carbon dioxide emissions.

Twitter's Chirp font was revealed in January but introduced on August 12, alongside some colour changes. Chirp is supposed to strike 'the balance between messy and sharp,' but so far it has only got some messy reviews.

According to reports, Apple is planning to launch its 16-inch and 14-inch MacBook Pro models later this year.

The cases were lodged against Union Minister of State Rajeev Chandrasekhar over his controversial social media posts following the blasts at a convention centre in Kochi during a prayer meeting of Christian religious group Jehovah's Witnesses.

The Karnataka Assembly election results threw up an unexpected suspense on Tuesday, as a simple majority tantalisingly eluded BJP and...

The Madhya Pradesh Assembly election exit poll results will be streamed live on all News18 network channels, including CNBCTV18, after 6.30PM on Thursday, November 30.

Rajasthan Election Exit Poll Results 2023: The exit poll results will be announced on Thursday, November 30, at 6.30 pm after voting in Telangana gets over. Rajasthan is known for its anti-incumbency, with the state swinging between the BJP and Congress in the past elections.

Aulerth's offerings range from ₹5,000 to as high as ₹2.8 lakh. Are women willing to spend this much on jewellery made from scrap? Founder and CEO Vivek Ramabhadran definitely believes so. Aulerth produces couture-inspired pieces in association with designers like JJ Valaya, Suneet Varma, among others. It has reported 33% repeat customers in the past year and expects a spike to 40% soon.

Fast fashion retailer H&M is all set to sell second-hand clothes at its Regent Street flagship store in UK from October — offering items that are 'ready to be loved again.' Zara also recently launched its online second-hand service in France, having trialled it in Britain since November last year. But are these 'green initiatives' for real, or just some more greenwashing? CNBC TV18 gives a macro view.

The firm and dispatchable renewable energy (FDRE) project, designed with a hybrid of solar, wind, and battery storage, is aimed at providing a stable and dispatchable energy supply during peak hours. Shares of Tata Power Company Ltd ended at ₹270.75, up by ₹12.60, or 4.88%, on the BSE.

For the last several years, Starbucks has been testing different kinds of plastics. In 2019, the company went to a straw less lid, eliminating a good amount of plastic. By the end of 2023, the goal is to reduce by 15 percent the amount of material in each cup.

Decentralized blockchain network Internet Computer Protocol (ICP) has released a new roadmap for driving decentralized artificial intelligence (DeAI) and chain fusion in the web3 space. According to an official statement sent to CryptoPotato, ICP is unveiling the Year 4 Internet Computer Roadmap to celebrate the third anniversary of its mainnet launch. ICP Releases New Roadmap The new roadmap summarizes three...

The first month after the Bitcoin halving last month has been uneventful. However, this might change soon as CryptoQuant observed a serious spike in the volume of stablecoins entering the market. Interestingly, there are significant jumps in stablecoin inflows at various points, often corresponding with movements in bitcoins price. Surge in Liquidity Signals Strong Bullish Trend Bitcoin witnessed a significant...

Most Read: EUR/USD Fails to Sustain Bullish Momentum, GBP/USD Pauses After Breakout In the dynamic world of trading, it’s easy to fall prey to the herd mentality, where buying into rising markets and selling during downturns seems like the safe bet. However, experienced traders know that there is often untapped potential on the road less traveled. This strategy involves going...

More than 19 months after Ethereum’s historic Merge upgrade, the data is clear: the network’s native asset, Ether (ETH), is not keeping up with Bitcoin (BTC). The ETH/BTC price ratio tapped another three-year low on Thursday at 0.044, with Ether last experiencing less market dominance against Bitcoin in May of 2021. Why Does ETH Keep Dumping Against BTC? The trend...