The Australian dollar tumbled on Tuesday against a basket of major rivals, resuming losses against the US counterpart after a short hiatus and becoming the worst performing G8 currency after the RBAs rate cut. The Reserve Bank of Australia voted to cut interest rates by 25 basis points to 3.85%, the lowest since May 2023, as inflation cooled. The Price...

The Australian dollar rallied in Asian trade on Monday to a five-month high against the US dollar, expanding gains for the second straight session and on track towards 65 cents. It comes after a historic win by the governing Labor Party, which bolsters the governments position towards growing global trade risks from Trumps tariffs. The Price The AUD/USD price rose...

The Australian dollar rose in Asian trade on Wednesday against the US dollar after a short hiatus yesterday, with the pair heading towards four-month high and about to mark the second monthly profit in a row. Earlier Sydney data showed inflationary pressures remained persistent on monetary policymakers, casting doubts on the odds of an Australian interest rate cut in May....

The Australian dollar fell against most major rivals on Wednesday following labor data. Australian wages rose 0.9% in the first quarter of the year, above estimates of 0.8%. On trading, the AUD/USD pair rose 0.7% as of 20:56 GMT to 0.6428. Loonie The Canadian dollar fell 0.3% against the greenback as of 20:56 GMT to $0.7155. The US Dollar The...

03:34 PM EDT, 06/11/2025 (MT Newswires) -- US benchmark equity indexes are on track to close lower on Wednesday, as investors parse the deceleration in May's consumer inflation and a preliminary US-China trade framework. The Dow Jones Industrial Average was down 0.2% to 42,797.32, while the Nasdaq Composite decreased 0.7% to 19,580.82. The S&P 500 was down 0.5% to 6,011.69....

03:31 PM EDT, 06/11/2025 (MT Newswires) -- Health care stocks were mixed late Wednesday afternoon with the NYSE Health Care Index fractionally higher and the Health Care Select Sector SPDR Fund (XLV) easing 0.1%. The iShares Biotechnology ETF (IBB) shed 0.5%. In corporate news, Vivani Medical ( VANI ) shares rose 1.7% after it said Wednesday it appointed Anthony Baldor...

03:40 PM EDT, 06/11/2025 (MT Newswires) -- Energy stocks were higher late Wednesday afternoon, with the NYSE Energy Sector Index rising 1.5% and the Energy Select Sector SPDR Fund (XLE) up 1.1%. The Philadelphia Oil Service Sector index added 1%, and the Dow Jones US Utilities index was 0.1% higher. US crude oil stocks, including those in the Strategic Petroleum...

03:43 PM EDT, 06/11/2025 (MT Newswires) -- Financial stocks fell in late Wednesday afternoon trading, with the NYSE Financial Index easing 0.1% and the Financial Select Sector SPDR Fund (XLF) shedding 0.2%. The Philadelphia Housing Index fell 1.3%, and the Real Estate Select Sector SPDR Fund (XLRE) dropped 0.5%. Bitcoin (BTC-USD) declined 1.2% to $108,891, and the yield for 10-year...

The (Brent) price declined its last intraday trading, affected by the stability of the resistance level at $65.45, this resistance is our previously targeted resistance, accompanied by testing a minor bearish channels range on the short-term basis, with the emergence of the negative signals on the (RSI), after reaching overbought levels, on the other hand, the continuous dynamic support remains...

Zscaler ( ZS ) underwent analysis by 48 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish. Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 14 25 9 0 0 Last...

Guidewire Software ( GWRE ) has outperformed the market over the past 10 years by 4.59% on an annualized basis producing an average annual return of 15.6%. Currently, Guidewire Software ( GWRE ) has a market capitalization of $18.05 billion. Buying $1000 In GWRE: If an investor had bought $1000 of GWRE stock 10 years ago, it would be worth...

The (Gold) price declined in its last intraday trading in a correctional move to gather the gains of the previous bullish wave, amid the attempts to gain a new positive momentum by offloading some of the clear overbought conditions on the (RSI), especially with the beginning of negative signals appearance, which may be preparing for more balanced move. The main...

A fire that broke out at the waste treatment plant in Kochi on March 2, 2023, continues to spread toxic fumes even after 11 days of the incident. The Kerala government has said that 95 percent of the fire has been extinguished, but the smoke from the landfill has not entirely subsided. 

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.

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.

(Reuters) -The head of the U.S. securities regulator unveiled sweeping plans to overhaul capital markets regulations on Thursday to accommodate cryptocurrencies and blockchain-based trading, in a major win for the digital asset industry, which has long pushed for tailored rules.  Securities and Exchange Commission Chair Paul Atkins said in remarks that he has directed commission staff to craft guidelines to...

FRANKFURT (Reuters) -Daimler Truck, one of the world's biggest truckmakers, on Thursday slashed a key profit forecast for 2025 due to continuous market weakness in North America, the latest warning from industry as U.S. President Donald Trump imposes tariffs on imports. The German company now expects adjusted earnings before interest and taxes (EBIT) in a range of 3.6 billion euros...

* US sanctions target Justice Moraes under Global Magnitsky Act * Brazilian banks assess impact on domestic and international transactions * Lula condemns sanctions as interference in judiciary By Marcela Ayres BRASILIA, July 31 (Reuters) - Brazilian banks are scrambling to assess the domestic fallout from sweeping U.S. sanctions against a Supreme Court justice who oversees a criminal trial against...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

Uniswap Labs, the company behind the decentralized exchange Uniswap, has issued a response to the Wells Notice from the U.S. Securities and Exchange Commission. Meanwhile, Uniswap’s native token UNI has surged 2.0% over the last 24 hours and 37% over the week to hit $9.48. Uniswap Labs Criticizes SECs Legal Basis In a blog post on May 21, Uniswap Labs...

BTC prices have retreated back below $70,000 during Wednesday morning’s Asian trading session but markets are not overbought yet, according to analyst James Check. “Right now, using a variety of volume metrics as the input, BTC prices appear to be right in line with the fundamentals,” he said in a newsletter on May 21. Moreover, the market looks like it...

The U.S. House of Representatives passed legislation on Monday that will provide long-sought-after legal clarity around how crypto assets should be classified, registered, and custodied. The bill, titled the Financial Innovation and Technology for the 21st Century Act (FIT21), received near unanimous support from Republicans alongside 71 additional votes from Democrats, resulting in a final tally of 279 yea to...

Bitcoin has climbed above $71,000 this week, breaking out of the tight trading range it had been confined to for several weeks. One of the main catalysts for this price action is the strong demand through ETFs, with net inflows of approximately $1.2 billion over the last week. Going forward, several key factors suggest a new wave of demand could...