The New Zealand dollar rallied in Asian trade on Wednesday, resuming gains against its US counterpart and scaling a fresh two-month high after the policy meeting by the Reserve Bank of New Zealand, which was more bullish than expected. As expected, the RBNZ maintained interest rates unchanged at 15 year highs, while holding onto its strict stance and language, asserting...

Yen skidded in Asian trade on Thursday to three-week lows against the US dollar, sharpening losses for the second straight session amid persistent concerns about the Japan-US interest rate gap. The odds of a Fed interest rate cut in the summer dipped after the release of the Federal Reserves meeting minutes, with investors now awaiting more clues. And following a...

Dollar fell in European trade on Thursday against a basket of major rivals away from one-week high, on track for the first loss in six days on profit-taking. The latest Federal Reserves meeting minutes were more bullish than expected, showing that many officials are still dismissive of any steps towards policy easing. Now investors await important US data on major...

Dollar rose in European trade on Wednesday against a basket of major rivals, maintaining gains for the fifth straight session and moving in a positive zone as US 10-year treasury yields rebounded. It comes ahead of the Federal Reserves meeting minutes, which could provide clues on the future of US interest rates. The Index The dollar index rose 0.15% to...

01:25 PM EDT, 07/23/2025 (MT Newswires) -- Health care stocks gained Wednesday afternoon with the NYSE Health Care Index rising 2% and the Health Care Select Sector SPDR Fund (XLV) adding 1.7%. The iShares Biotechnology ETF (IBB) climbed 1.7%. In corporate news, Thermo Fisher Scientific ( TMO ) raised its full-year guidance as Q2 results surpassed Wall Street's estimates, and...

01:25 PM EDT, 07/23/2025 (MT Newswires) -- Tech stocks were mixed Wednesday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 0.3% and the SPDR S&P Semiconductor ETF (XSD) shedding 0.5%. The Philadelphia Semiconductor index declined 0.5%. In corporate news, Texas Instruments ( TXN ) shares fell past 11%. The company issued a Q3 earnings outlook below market estimates...

01:05 PM EDT, 07/23/2025 (MT Newswires) -- Energy stocks were higher Wednesday afternoon, with the NYSE Energy Sector Index rising 1.1% and the Energy Select Sector SPDR Fund (XLE) adding 1.2%. The Philadelphia Oil Service Sector index was climbing 4.2%, while the Dow Jones US Utilities index was down 0.8%. Front-month West Texas Intermediate crude oil was declining 0.3% to...

01:03 PM EDT, 07/23/2025 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds IWM and IVV rose. Actively traded Invesco QQQ Trust (QQQ) was fractionally higher. US equity indexes rose in midday trading on Wednesday, with volatility declining and Treasury yields gaining after President Donald Trump unveiled a trade deal with Japan in which the import tariff was lower than...

TikTok, owned by China's ByteDance, has 125 million active monthly users in Indonesia, a country of more than 270 million people. It has been looking to translate the large user base into a major e-commerce revenue source.

According to Google, the use of artificial intelligence (AI) by developers to build and offer enhanced user experiences emerged as one of the top innovation trends in apps and games. Several of the local developers on the list have even integrated AI into their offerings.

Over two decades, Google said that it has employed machine learning and AI to enhance products, focusing on language translations, flood forecasts, and agricultural productivity in India.

According to a press release, clusters economically viable for drone use will be identified, with 15,000 women SHGs in selected states receiving Central Financial Assistance covering 80% of drone costs, up to ₹8 lakh.

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.

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.

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. 

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.

John Boumphrey, Amazon's UK Country Manager, told reporters that in the UK alone the online retail giant last year sold more than 4 million used or refurbished products at a discount.

The Australia-India Economic Cooperation and Trade Agreement (AI-ECTA) entered into force on December 29, 2022. Since the agreement, it has already seen a reduction in tariff on Australian wine bottles costing over $5 per bottle. The tariff was as high as 150%. In next eight years, the tariff will decline further.

Uber has had a tortured history in London, where cabbies have vehemently protested the app’s presence in the city for fear of losing their livelihood and out of concern the app’s drivers don’t adhere to strict safety standards and oversight.

Shares of Aster DM Healthcare Ltd ended at ₹332.65, down by ₹4.75, or 1.41%, on the BSE. Founded in 1987 from a single clinic in Dubai, Aster DM has a strong presence across primary, secondary, tertiary, and quaternary healthcare and runs 33 hospitals, 127 clinics, 527 pharmacies, and 229 labs and patient experience centres in six Gulf countries and India.

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.

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.

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.