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...

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The Australian dollar rose in Asian trade on Wednesday against a basket of major rivals, expanding gains for the second straight session against the US dollar and hitting a week high, while approaching five-week highs following strong Australian wages data. The data renewed inflationary pressures on the Reserve Bank of Australias policymakers, which hurt the odds of a rate cut...

The Australian dollar fell against most major rivals on Thursday despite strong labor data. Australia's unemployment rate was unchanged in April at 4.1%, same as March, and matching expectations. The Australian economy added 89.0 thousand new jobs in April, easily beating estimates of a 20.9 thousand addition, while March's reading was revised to show the addition of 32.2 thousand jobs...

Shares of Kolkata-based private lender Bandhan Bank have surged 25 percent in the last 12 trading sessions after the company posted a strong Q2 update and CLSA putting a positive note.

Sushil Kedia Founder of Kedianomics in an interview to CNBC-TV18 said that the markets might see a fast 1,000 point...

The Indian market is likely to open lower Wednesday following losses in global. At 7:35 am, the SGX Nifty was trading 55.00 points or 0.46 percent lower at 11,886.00, indicating a negative start for the Sensex and Nifty50.

Markets regulator Sebi on Tuesday came out with a uniform procedure that needs to be followed by debenture trustees in case of default by issuers of listed debt securities. The process also includes seeking consent from the investors for enforcement of security or for entering into an inter-creditor agreement (ICA), Sebi said in a circular. The decision has been taken in consultation with stakeholders, including investors, debenture trustees (DTs), and issuers.

Marvell Technology Inc. ( MRVL ) smashed its artificial intelligence data center revenue target in fiscal 2025. The chipmaker also reiterated plans to exceed fiscal 2026’s target but issued a soft earnings and revenue guidance which was roughly in-line with analyst estimates. What Happened: About 75% of Marvell’s total revenue in the fourth quarter was driven by AI data center-led...

Providing a diverse range of perspectives from bullish to bearish, 11 analysts have published ratings on Marvell Tech ( MRVL ) in the last three months. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish...

Volkswagen AG (OTC:VWAGY) is gearing up to release its upcoming electric vehicle, the ID. EVERY1, which is aimed at the budget-friendly EV segment and for both individual consumers and business clients. Revealed at the World Premiere, this concept car presents a small, adaptable and affordable option for the future of transportation. Slated for production in 2027, the ID. EVERY1 will...

TAIPEI, March 6 (Reuters) - Taiwanese chipmaker TSMC is expanding investment in the United States because of large U.S. customer demand, its CEO said on Thursday, adding that its production lines there are already fully booked for this year and the next two years. The comments were made at a press conference held at Taiwan's presidential office on Thursday. Earlier...

'Friendship between the two states has no limits,' Xi Jinping and Putin said in a joint statement, in a loud message to the West. Putin is in Beijing for the Winter Olympic Games opening ceremony -- where Pakistan PM Imran Khan is also an honoured guest -- even as Ukraine tensions weigh heavy. 

No former or sitting U.S. president has ever faced criminal charges.

Khan has come under scrutiny for purchasing gifts, including an expensive Graff wristwatch he received as Prime Minister at a discounted price from the state depository known as Toshakhana and subsequently selling them for a profit.

Russian President Vladimir Putin used a rally before a packed soccer stadium on Friday to justify the invasion of Ukraine, promising tens of thousands of people waving Russian flags that all the Kremlin's aims would be achieved.

(Reuters) -The U.S. Justice Department said on Friday that it had filed a proposed settlement to resolve claims against apartment manager Greystar in a case alleging algorithmic collusion and anticompetitive practices in rental markets. If approved, the settlement would require Greystar, among other conditions, to refrain from using any anticompetitive algorithm that generates pricing recommendations using its competitors' data, the...

(Reuters) -The U.S. commerce department has started issuing licenses to Nvidia ( NVDA ) to export its H20 chips to China after CEO Jensen Huang met President Donald Trump at the White House, the Financial Times reported on Friday. The Financial Times cited a U.S. official as saying that the bureau of industry and security, the arm of the commerce...

(Reuters) -The Federal Aviation Administration said on Friday it is proposing to extend flight cuts at Newark, one of the three main airports serving the New York City-area, through October 2026 as it continues to face air traffic controller shortage and congestion issues. In May, the FAA ordered flight cuts at New Jersey's Newark Liberty International Airport through the end...

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,...

Chingari has raised $19 million to offer cryptocurrency as a means of monetisation for creators and users on its platform.

There were several important developments in the startup space during the day on Tuesday. Here’s a wrap of all top startup headlines.

There were several important developments in the startup space during the day on Monday. Here are the top stories that made headlines in the startup universe.

Founded in 2017 by Jaynti Kanani, Anurag Arjun, Sandeep Nailwal and Mihailo Bjelic as a secondary scaling solution for the Ethereum blockchain, Polygon is building a suite of scaling solutions.