Yen lost ground in Asian trade against a basket of major rivals, heading for the second loss in a row against the dollar away from three-week highs amid active profit-taking, while intervention momentum from Japanese authorities faded. Traders are focusing back on the fundamentals, with the stark interest rate differences between the US and Japan coming to the forefront once...

Yen rose in Asian trade on Friday against major rivals, extending gains for the third straight session against the dollar and scaling a three-week high away from recentt 34-year lows amid active short-covering. The yen is heading for the largest weekly profit since November 2022 as Japanese authorities intervened to support the local currency after slumping below the 160 barrier...

Dollar fell in European trade on Friday against a basket of major rivals, extending losses for the third straight session and plumbing a three-week trough as US treasury yields lose ground as well. The dollar is heading for the worst weekly loss since March especially if the US payrolls report missed the mark today. The Index The dollar index fell...

The dollar rose against most major rivals on Monday after stabilizing earlier in the session. It came after Wall Street recouped following weak US payrolls data on Friday, which showed the anti-inflation policies by the Fed are bearing fruits, in turn paving the way for policy tightening soon. Thus investors now expect nearly two interest rate cuts by the Federal...

12:51 PM EDT, 03/15/2024 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds, including IWM and IVV, were trading lower. Actively-traded Invesco QQQ Trust (QQQ) was down 1.2%. US benchmark stock indexes fell, led by technology, as government bond yields traded at their highest levels this month following this week's hotter-than-expected inflation data and ahead of the Federal Reserve's updated...

01:23 PM EDT, 03/15/2024 (MT Newswires) -- US equity indexes fell, led by technology, as government bond yields traded at their highest this month following the hotter-than-expected inflation data this week and ahead of the Federal Reserve's updated economic projections. The S&P 500 fell 0.7% to 5,114.6, with the Nasdaq Composite down 1% to 15,966.1 and the Dow Jones Industrial...

01:36 PM EDT, 03/15/2024 (MT Newswires) -- Health care stocks fell Friday afternoon with the NYSE Health Care Index falling 0.8% and the Health Care Select Sector SPDR Fund (XLV down 0.5%. The iShares Biotechnology ETF (IBB) rose 0.1%. In corporate news, Geron ( GERN ) shares surged 86% after the company said the US Food and Drug Administration's Oncologic...

01:34 PM EDT, 03/15/2024 (MT Newswires) -- Financial stocks were mixed in Friday afternoon trading with the NYSE Financial Index down 0.1% and the Financial Select Sector SPDR Fund (XLF) little changed. The Philadelphia Housing Index climbed 0.9% and the Real Estate Select Sector SPDR Fund (XLRE) dropped 0.4%. Bitcoin (BTC-USD) fell 4.5% to $68,128, and the yield for 10-year...

By Arsheeya Bajwa and Stephen Nellis (Reuters) -Nvidia forecast second-quarter revenue above estimates on Wednesday and announced a ten-for-one forward stock split, impressing investors who have already tripled the chipmaker's market value in the past year on AI optimism. Nvidia shares hit a record in extended trade and were last up 2.7% at $978. The AI poster child's stock has risen...

SEOUL (Reuters) - South Korea announced on Thursday a 26 trillion won ($19 billion) support package for the country's vital semiconductor industry, the country's presidential office said. Under the package, President Yoon Suk Yeol said the government planned a financial support programme for chips worth about 17 trillion won through state-run Korea Development Bank to back large-scale investments by semiconductor...

HSINCHU, Taiwan, May 23 (Reuters) - Taiwanese chipmaker TSMC said on Thursday it expects growth in the semiconductor industry of more than 10% this year, excluding memory chips. Senior vice-president Cliff Hou was speaking at an event in Hsinchu, where the company is headquartered. ...

May 22 (Reuters) - Amazon.com's ( AMZN ) cloud unit on Wednesday said it has partnered with artificial intelligence startup Hugging Face to make it easier to run thousands of AI models on Amazon's ( AMZN ) custom computing chips. Valued at $4.5 billion, Hugging Face has become a central hub for AI researchers and developers to share chatbots and...

Activists have contended that words like "ecotourism facilities" and "any other purposes" are too vague and may pave the way for widespread exploitation and misuse.

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.

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.

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. 

Addressing the media after bilateral talks with PM Narendra Modi, US President Joe Biden said India and the US were collaborating in nearly every human endeavour in delivering progress across the board.

Applied Materials President and CEO Gary E Dickerson said now is the opportunity for India to grow in the semiconductor industry.

Tesla CEO Elon Musk said he thinks India is great for solar energy investment. He said he tentatively plans to visit India next year.  "I am confident that Tesla will be in India and we will do so as soon as possible," he said.

Ravi Kumar, CEO of Cognizant, told CNBC-TV18 that India and the US have been witnessing a remarkable inflection point in their bilateral trade and collaboration. Notably, the trade partnership in manufacturing goods and commodities has surged to an impressive $150 billion, positioning India as a significant eighth or ninth partner for the US.

So, will Ripple token prices fizzle out and consolidate with long-term support at a lower level? Or will XRP continue to skyrocket over the next 60 days? Here are 6 of the most current signals regarding XRPs price. But real quick first: As for more focused long-term accumulation holders and altcoin investors who make cyclical adjustments with the occasional swing...

Japanese-listed company Metaplanet announced on December 18 that it will formally run Bitcoin Treasury Operations as a new business line. This move, approved by the firm’s board of directors, is part of its broader strategy to integrate Bitcoin into its financial framework. Details of the New Venture The announcement, shared in a post on X, follows a series of shareholder...

PENGU, the newly-launched cryptocurrency of the Pudgy Penguins ecosystem, suffered a sharp decline in value a day after it went live. At the time of writing, data from CoinGecko showed that the token had fallen by 57.8% within 24 hours to settle at $0.02892. Airdrop Aftermath The highly-anticipated airdrop launched on December 17 saw about 62.8 billion PENGU tokens distributed...

Following several consecutive days of seeing mostly gains and charting new peaks, bitcoin has finally retraced by dropping by over four grand over the past 12 hours or so. The altcoins have followed suit, with notable price drops evident from the likes of ETH, DOGE, ADA, TRX, AVAX, and more. BTC Falls by $4K The primary cryptocurrency bounced off its...