The euro rose in European trade on Thursday against a basket of major rivals, extending gains against the dollar for the second session and approaching a six-week high ahead of the European Central Banks policy meeting. The ECB is expected to announce the seventh consecutive rate cut in a row and could provide clues on the path ahead for policies...

The US dollar fell against most major rivals on Wednesday as investors assess US President Trumps tariff negotiations with major trading partners, including China. The Trump administration granted countries a deadline until today to offer their best trade deals, while also imposing 50% tariffs on steel and aluminum imports. Trump is scheduled to talk to Chinese President Xi Jinping this...

The European Central Bank cut interest rates by 25 basis points to 2.15% at the June 4-5 meeting, the lowest since October 2022, matching expectations, and marking the seventh such rate cut in a row. ...

The yen rose in Asian trade on Thursday against a basket of major rivals, extending gains for the second straight day against the US dollar amid active haven demand with mounting global trade uncertainty. Recent Japanese consumer prices data showed increasing inflationary pressures on the Bank of Japans policymakers, boosting the odds of a rate hike in June. The Price...

07:36 AM EDT, 09/09/2024 (MT Newswires) -- GoldMining ( GLDG ) was at last look up near 1% in U.S. premarket on Monday as it reported final drill assay results from the diamond drilling program, and a progress update for the ongoing auger drilling program, at the company's 100% owned Sao Jorge Project in the Tapajos gold district in Para...

NEW YORK, Sept 6 (Reuters) - Uncertainty over the U.S. economy's health is rippling through markets, adding fuel to an already-volatile period that has investors grappling with a shift in Federal Reserve policy, a tight U.S. election and worries over stretched valuations. U.S. stocks tumbled on Friday after closely watched jobs data showed labor market momentum slowing more than expected,...

With U.S. stock futures trading higher this morning on Monday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Oracle Corporation ( ORCL ) to report quarterly earnings at $1.32 per share on revenue of $13.23 billion after the closing bell. Oracle shares fell 0.2% to $141.49 in after-hours trading. BlackSky Technology Inc...

(Updated at 0852 GMT) * Algeria declares President Tebboune election winner * Putin loyalists set to win local elections * Fitch upgrades Turkey's rating on improved fiscal policy * EM stocks down 1.2%, FX off 0.4% By Johann M Cherian Sept 9 (Reuters) - Sentiment across most developing markets soured on Monday with Chinese stocks hitting a seven-month low as...

Soybean Price Analysis Expected Scenario The soybean price has returned to rise after a previous decline, remaining consolidated above the EMA50. It is waiting for more intraday rise to target 1193.10$ mainly. Stochastic current negativity might hinder the price's mission to rise, causing some temporary sideways fluctuation. Continuation of the bullish wave requires holding above 1170.00$ and 1155.00$ levels. Expected...

(Reuters) - T-Mobile US ( TMUS ) on Thursday raised its annual forecast for monthly bill-paying phone subscriber growth, as more customers tap into its discounted plans and on expansion of 5G network coverage. Although the overall market for postpaid phone additions is shrinking, T-Mobile is viewed as the top pick by analysts as it gains shares from underpenetrated smaller...

April 25 (Reuters) - Western Digital ( WDC ) surpassed expectations for quarterly revenue and profit on Thursday, riding on a surge in demand for its data storage products from cloud service providers. The results are the latest sign that demand for memory chips is improving, after earnings of larger rivals Micron Technology ( MU ) and Samsung Electronics (...

BEIJING (Reuters) - Beijing city authorities have announced subsidies for firms that purchase domestically produced artificial intelligence (AI) chips, as China seeks to develop its semiconductor industry and reduce reliance on foreign technology. The sizes of subsidies were not specified in a document outlining the initiative by the Beijing Municipal Bureau of Economy and Information Technology dated April 24. Companies...

Twitter handle of the Government of Uttar Pradesh (@UPGovt) and Twitter handle operated by the information department (@InfoUPFactCheck) were hacked for a brief period. Both the accounts have now been restored.

Prime Minister Narendra Modi’s followers on Twitter were surprised to find a strange tweet from the leader on Sunday. The tweet asked for donations in cryptocurrencies. The tweet along with a few others was deleted after the hacked account was restored.Many celebrities, actors, politicians and artists have fallen victim to cyber-attacks. Here are some public figures whose accounts on social media platforms were hacked.

Political and tech disputes, women's choices and a murder most foul kept the Delhi High Court busy in 2022. The court, which issued a divided decision on criminalising marital rape and let the parties appeal to the Supreme Court, also posed some probing questions about the Centre's contentious Agnipath scheme for enlisting people in the armed services.

Facebook-parent Meta said it will be activating its Elections Operations Center to watch out for potential abuses that could emerge across the platform related to state elections

05:41 PM EDT, 05/02/2024 (MT Newswires) -- AES ( AES ) reported Q1 adjusted earnings late Thursday of $0.50 per diluted share, up from $0.22 a year earlier. Analysts surveyed by Capital IQ expected $0.34. Revenue for the quarter ended March 31 was $3.09 billion, compared with $3.24 billion a year earlier. Three analysts polled by Capital IQ expected $3.20...

05:43 PM EDT, 05/02/2024 (MT Newswires) -- Thomas E Herman, Vice President and CFO, on May 01, 2024, executed a purchase for 16,308 shares in Calamos Long/Short Equity & Dynamic Income Trust ( CPZ ) for $253,668. Following the Form 4 filing with the SEC, Herman has control over a total of 26,783 shares of the company, with 26,783 shares...

05:40 PM EDT, 05/02/2024 (MT Newswires) -- Fairfax Financial ( FRFHF ) ( FFH.TO) on Thursday said its first-quarter profit fell 45%, even as insurance revenue and net premiums written rose. The insurer reported net earnings attributable to Fairfax of US$776.5 million, or US$30.82 per share, in the period, down from a profit of US$1.25 billion, or US$49.83, a year...

May 2 (Reuters) - Multifamily residential REIT Camden Property Trust beat Wall Street estimates for first-quarter funds from operations (FFO) on Thursday, helped by strong demand for rental spaces in markets such as Southern California and Southeast Florida. Camden has 172 properties containing 58,634 apartment homes in 15 major markets across the U.S., according to its latest annual report. The...

Binance will pay $4.3 billion in one of the largest corporate agreements in US history. Changpeng Zhao will pay a $50 million fine under a deal that requires him to step down as CEO. Zhao pleaded guilty Tuesday to violating the Bank Secrecy Act in federal court in Seattle.

Bankman-Fried was found guilty of seven counts of fraud and conspiracy after jurors in Manhattan deliberated for less than five hours Thursday.

The crypto market is experiencing one of its longest, most bitter winters in recent history. It has caused a massive...

Bitcoin prices have typically rallied in the past following halvings. Six months after the first halving in 2012, the price jumped to $126 from $12. After the second halving in 2016, it went to $1,000 from $654 within seven months and in 2020 it shot up to $18,040 from $8,570 in the same time period.