The Federal Reserve announced on Wednesday its decision to cut the benchmark interest rate by 25 basis points, from 4.25% to 4.00%, in a move that was largely in line with analysts expectations. ...

The US dollar edged lower on Thursday morning, giving up part of the gains recorded the previous night as traders digested the outcome of the Federal Reserve meeting and the results of trade talks between the United States and China. At 05:20 a.m. ET (09:20 GMT), the US Dollar Index which measures the greenbacks performance against a basket of six...

The Japanese yen rose in Asian trading on Friday against a basket of major currencies, attempting to recover from its eight-month low against the US dollar and heading for its first gain in three sessions. The rebound came as traders bought the yen at low levels, encouraged by a warning from Japans finance minister and stronger-than-expected inflation data from Tokyo....

The euro rose in European trading on Thursday against a basket of global currencies, resuming its gains after a brief pause yesterday versus the US dollar. The currency moved into positive territory, supported by a pullback in the dollars rally following the conclusion of the Federal Reserve meeting. The advance comes ahead of the European Central Banks monetary policy decision...

NEW YORK, July 26 (Reuters) - Rattled investors are bracing for earnings from the market's biggest tech companies, a Federal Reserve policy meeting and closely watched employment data in a week that could determine the near-term trajectory of U.S. stocks following a bout of severe turbulence. A months-long rally in massive tech stocks hit a wall in the second half...

(Updated at 0907 GMT) * U.S. PCE data due at 1230 * Sri Lanka to elect new president on Sept 21 * Turkey c.bank not considering rate cuts now, deputy Akcay says * Hungary flags pre-election stimulus as recovery falters * Stocks down 0.2%, FX off 0.1% By Johann M Cherian July 26 (Reuters) - Investors in emerging markets showed...

With U.S. stock futures trading higher this morning on Friday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Bristol-Myers Squibb Company ( BMY ) to report quarterly earnings at $1.63 per share on revenue of $11.55 billion before the opening bell, according to data from Benzinga Pro. Bristol-Myers Squibb ( BMY )...

TOKYO, July 26 (Reuters) - Japanese government bond (JGB) yields fell on Friday, as a decline in U.S. Treasury yields and strong demand at an auction for two-year JGBs supported buying, although caution regarding the Bank of Japan's (BOJ) monetary policy meeting next week reined in the size of moves. The benchmark 10-year JGB yield fell 1 basis point (bp)...

Brent Oil Price Analysis Expected Scenario The Brent oil price continues to trade positively, reinforcing expectations of maintaining a bullish bias on the intraday basis. The path is clear to reach the awaited positive target at 84.77$, awaiting positive momentum to sustain the upward movement. It's important to note that the anticipated rise is temporary, with expectations of a return...

Silver Price Analysis Expected Scenario The Silver price rallied strongly yesterday, reaching our second target at 29.80$. However, solid resistance is observed at this level, accompanied by negative signals from stochastic indicators. This may lead to negative trades in the upcoming sessions, potentially testing 28.90$ initially. If the price breaches 29.80$, the negative scenario will be invalidated, and the price...

Crude Oil Price Analysis Expected Scenario The Crude oil price demonstrates a bullish bias, nearing the key resistance level at 79.60$. This level forms part of a sideways range alongside the 77.64$ support, indicating a prevailing sideways bias in intraday trades. The next clear direction will be determined upon the price surpassing one of these levels. A breach of the...

May 15 (Reuters) - Firefighters in Phoenix, Arizona, responded to a reported explosion on Wednesday afternoon at the Taiwan Semiconductor Manufacturing Company ( TSM ) plant in the city, the Arizona Republic reported, citing the local fire department. In May 2020, TSMC said it would invest $12 billion in Phoenix to build an advanced semiconductor manufacturing fabrication. In December 2022,...

Ahead of the general elections in 2019, social media giant Twitter is planning to host public interviews of political leader,...

How Khan’s Pakistan Tehreek-i-Insaf (PTI) party used the database and the associated app represents a sea change in the antiquated way in which Pakistan’s biggest parties conduct elections, from pre-poll targeting of voters to on-the-day mobilization of supporters.

David Kirkpatrick, the author a Facebook history, argues that neither Zuckerberg nor Sandberg have ever shown themselves to be "deeply alarmed in public."

The IT Ministry official said that WhatsApp has responded to the government last notice, outlining initiatives being taken to curb fake news circulation including education and advocacy efforts.

(Reuters) -The United Nations General Assembly on Thursday unanimously adopted the first global resolution on artificial intelligence that encourages countries to safeguard human rights, protect personal data, and monitor AI for risks. The nonbinding resolution, proposed by the United States and co-sponsored by China and over 120 other nations, also advocates the strengthening of privacy policies. Today, all 193 members...

(Reuters) -Luggage maker Samsonite International ( SMSOF ) on Friday said it plans to pursue a dual listing in addition to its listing on the Hong Kong Stock Exchange to increase the liquidity of its shares and reach investors in more markets. Samsonite ( SMSOF ) did not provide details of the exchanges it is considering for the second listing,...

BOGOTA, March 21 (Reuters) - Colombia's Ecopetrol said on Thursday its Reficar oil refinery was awarded 19.9% of the common capital in U.S. infrastructure firm McDermott in preferential shares by a judge in Amsterdam. The Reficar refinery is located in the Colombian city of Cartagena, and has been the subject of a prolonged international dispute dating back to the facility's...

SINGAPORE (Reuters) -Oil prices slipped on Friday on the possibility of a nearing Gaza ceasefire that could ease geopolitical concerns in the Middle East, while a stronger dollar and faltering U.S. gasoline demand also weighed on prices. Brent crude futures fell 42 cents, or 0.5%, to $85.36 a barrel by 0203 GMT. U.S. crude futures shed 40 cents, or 0.5%,...

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.

Negotiations between the Justice Department and Binance include the possibility that its founder Changpeng Zhao would face criminal charges in the US under an agreement to resolve the probe into alleged money laundering, bank fraud and sanctions violations, according to the Bloomberg.

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

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.