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Dollar heads for weekly gains as U.S.-Iran talks stall and Middle East uncertainty climbs
Dollar heads for weekly gains as U.S.-Iran talks stall and Middle East uncertainty climbs
Apr 24, 2026
The U.S. dollar headed toward achieving its first weekly gains in three weeks on Friday, amid relatively quiet trading, in light of declining hopes regarding a swift calming of tensions in the Middle East as a result of the stalling of peace negotiations between the United States and Iran. And at a time when Lebanon and Israel extended the ceasefire...
Loonie drops as oil prices fluctuate on Middle East tensions
Loonie drops as oil prices fluctuate on Middle East tensions
Apr 23, 2026
The Canadian dollar declined for the third consecutive day against its U.S. counterpart on Thursday as investors assessed ongoing trade restrictions in the Strait of Hormuz and data showing that rising oil prices pushed domestic producer prices higher last month. The Canadian currency, known as the loonie, was trading down 0.1% at 1.3680 CAD per U.S. dollar (equivalent to 73.10...
Euro moves in a negative zone on US-Iran tensions
Euro moves in a negative zone on US-Iran tensions
Apr 24, 2026
The Euro declined in the European market on Friday against a basket of global currencies, continuing its losses for the fourth consecutive day against the U.S. dollar. It is approaching its lowest level in nearly two weeks and is on track for its first weekly loss in a month as investors prioritize the American currency as the preferred alternative investment....
Yen moves in a positive zone before BOJ's meeting
Yen moves in a positive zone before BOJ's meeting
Apr 27, 2026
The Japanese yen rose in the Asian market on Monday against a basket of major and minor currencies, extending its gains for the second consecutive day against the U.S. dollar. The currency is benefiting from a slowdown in the American dollar's levels following an Axios report stating that Iran has submitted a new peace proposal to the United States. The...
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Nvidia supplier SK Hynix posts highest profit in 6 years on AI boom
Nvidia supplier SK Hynix posts highest profit in 6 years on AI boom
Jul 24, 2024
SEOUL, July 25 (Reuters) - South Korea's SK Hynix ( HXSCF ) posted its highest quarterly profit since 2018 on Thursday as the Nvidia ( NVDA ) supplier forecast second-half AI chip demand to rise further, such as for high bandwidth memory (HBM) used in generative AI chipsets. It was the world's second-largest memory chipmaker's third consecutive quarterly profit after...
Logistics giant Lineage raises $4.44 bln in biggest IPO of 2024
Logistics giant Lineage raises $4.44 bln in biggest IPO of 2024
Jul 24, 2024
NEW YORK, July 24 (Reuters) - Lineage, the world's largest operator of cold-storage warehouses, raised $4.44 billion in its U.S. initial public offering, setting it up for the biggest stock market debut globally this year, the company said on Wednesday. The Novi, Michigan-headquartered company priced just under 57 million shares in New York at $78 apiece, the upper end of...
Logistics giant Lineage raises $4.44 billion in biggest IPO of 2024
Logistics giant Lineage raises $4.44 billion in biggest IPO of 2024
Jul 24, 2024
NEW YORK (Reuters) -Lineage, the world's largest operator of cold-storage warehouses, raised $4.44 billion in its U.S. initial public offering, setting it up for the biggest stock market debut globally this year, the company said on Wednesday. The Novi, Michigan-headquartered company priced just under 57 million shares in New York at $78 apiece, the upper end of its previously indicated...
Nvidia supplier SK Hynix posts highest profit in 6 years on AI boom
Nvidia supplier SK Hynix posts highest profit in 6 years on AI boom
Jul 24, 2024
SEOUL (Reuters) -South Korea's SK Hynix posted its highest quarterly profit since 2018 on Thursday as the Nvidia supplier said second-half AI chip demand will rise further, such as for high bandwidth memory (HBM) used in generative AI chipsets. It was SK Hynix's third consecutive quarterly profit after losses last year. The world's second-largest memory chipmaker has benefited the most...
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