The Japanese yen rose in Asian trading on Wednesday against a basket of major and minor currencies, extending its gains for the second consecutive day against the US dollar and reaching its highest level in a week, supported by the decline in the American currency following comments by Federal Reserve Chairman Jerome Powell. This rise was also bolstered by the...

Federal Reserve Chair Jerome Powell said Tuesday that the U.S. labor market remains in a state of stagnation, marked by low hiring and firing rates through September, though the broader economy may be on a somewhat stronger path than previously expected. Powell noted that policymakers will take a meeting-by-meeting approach to any further interest rate cuts, as they try to...

The world is witnessing an unprecedented surge in energy demand driven by the rapid spread of artificial intelligence technologies, putting immense pressure on power sources and grid infrastructure worldwide. With expectations for continued growth in this sector, public and private investors are racing to accelerate the large-scale development of new data centers. According to data from the International Energy Agency...

The Australian dollar fell in European trading on Thursday against a basket of global currencies, resuming the losses that had briefly paused against its US counterpart, heading back toward its two-month low as selling pressure returned following gloomy labor market data from Australia. Data showed that the unemployment rate unexpectedly rose in September to its highest level in nearly four...

The latest analysis and commentary by stock market guru Ashwani Gujral on what is moving the markets today. Check out his top stock recommendations.

That makes the IPO one of the largest of all time globally, just shy of the record $25 billion that Chinese e-commerce firm Alibaba Group Holding Ltd raised in 2014 at the current exchange rate.

The 30-share BSE Sensex slipped 714 points, or 2 percent, to 34,960, while the NSE Nifty50 declined by 205 points, 1.92 percent, to 10,488.

The latest analysis and commentary by stock market guru Sudarshan Sukhani on what is moving the markets today. Check out his top stock recommendations.

The (BTCUSD) price rose slightly in its last intraday trading, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a supportive bias line for the trend, with the beginning of forming positive divergence on the (RSI), after reaching oversold levels, exaggeratedly compared to the price move, with the beginning of positive overlapping signals...

Overview * Richardson Electronics ( RELL ) Q4 FY25 sales rise 9.5% YoY, but miss analysts' expectations * However, adjusted EPS for Q4 FY25 beats estimates * Reports positive operating cash flow for a fifth consecutive quarter Outlook * Company focuses on expanding GES and engineered solutions for growth * Richardson Electronics ( RELL ) focused on driving growth amid...

The (Gold) declined in its last intraday trading, attempting to look for a rising low to take it as a base that might assist it to gain the required positive momentum to recover, amid the continuation of the positive pressure that comes from its trading above EMA50, and under the dominance of the bullish trend and its trading alongside a...

SEOUL (Reuters) -South Korea's SK Hynix ( HXSCF ) posted on Thursday a record quarterly profit, driven by strong demand for advanced chips used in generative artificial intelligence chipsets and as some customers stockpiled semiconductors ahead of potential U.S. tariffs. SK Hynix ( HXSCF ) foresees that increasing competition among big tech companies to enhance inference of AI models would...

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.

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.

On Tuesday, the Gehlot government invited bids for both projects to build the dams within the next four years. The chief minister had announced both projects in last year’s budget.

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.

11:20 AM EDT, 07/24/2024 (MT Newswires) -- Catalyst Pharmaceuticals ( CPRX ) said Wednesday it signed a license, supply, and commercialization agreement with Kye Pharmaceuticals, giving Kye exclusive rights to market AGAMREE (vamorolone), a treatment for Duchenne muscular dystrophy, in Canada. As part of the deal, Kye will handle regulatory approval, marketing, and commercialization efforts in Canada, while Catalyst will...

11:19 AM EDT, 07/24/2024 (MT Newswires) -- AMC Entertainment Holdings ( AMC ) said Wednesday it expects to swing to Q2 loss of about 0.10 per diluted share, from earnings of $0.06 a year earlier. Analysts polled by Capital IQ expect a loss of $0.48. Preliminary Q2 revenue for the quarter ended June 30 is estimated at $1.03 billion, compared...

July 24 (Reuters) - Canada's Imperial Oil ( IMO ) is reducing non-essential staff at the Kearl oil sands site as a precaution against the ongoing wildfires in the country, the company said on Wednesday. There are 430 wildfires in British Columbia with another 172 in Alberta including those near the key oil sands hub of Fort McMurray in northern...

11:22 AM EDT, 07/24/2024 (MT Newswires) -- Price: 124.01, Change: +44.71, Percent Change: +56.38 ...

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

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

A spot crypto ETF would track the market price of the underlying crypto asset, giving investors exposure to the token without having to buy the currency. The SEC has previously denied all spot bitcoin ETF applications citing potential for fraud, but that could soon change after it lost a legal battle in August.

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.