Australias consumer prices rose 2.1% y/y in May, below estimates of 2.3%, and down from 2.4% in the previous reading. ...

The Australian dollar rose in Asian trade on Wednesday on track for the third straight profit against the US dollar, as the risk appetite improved in the markets following the Israel-Iran ceasefire. Aussies gains are stymied by weak inflation data in Australia, boosting the odds of an RBA interest rate cut in July. The Price The AUD/USD price rose 0.25%...

The US dollar fell on Tuesday after US President Donald Trump announced a ceasefire agreement between Israel and Iran, boosting risk appetite and tanking oil prices. Trump announced the full ceasefire, ending a 12-day conflict that led to the displacement of millions of people from Tehran. Israel agreed to the US proposal, noting it has achieved its goal of destroying...

The euro rose in European trade on Tuesday against a basket of major rivals, expanding the gains for the fourth straight session against the dollar and approaching a four-year peak as the risk appetite improved in the markets with the US dollar dropping after an Israel-Iran ceasefire agreement. The odds of an ECB interest rate cut in July also dropped...

12:17 PM EDT, 09/17/2024 (MT Newswires) -- The S&P 500 hit a record high Tuesday, as investors await the Federal Reserve's key rate-cutting decision at the end of officials' two-day meeting on Wednesday afternoon. In company news, the US Department of Justice has revived a dormant investigation into how lenders unwound over $150 billion in bets placed by Archegos, Bloomberg...

U.S. stocks traded higher midway through trading, with the Dow Jones index gaining over 100 points on Tuesday. The Dow traded up 0.26% to 41,728.28 while the NASDAQ rose 0.73% to 17,721.04. The S&P 500 also rose, gaining, 0.39% to 5,655.10. Check This Out: How To Earn $500 A Month From FedEx Stock Ahead Of Q1 Earnings Leading and Lagging...

12:40 PM EDT, 09/17/2024 (MT Newswires) -- US equity indexes ground higher midday Tuesday alongside gains in most government bond yields as retail sales unexpectedly increased a day before the Federal Reserve's policy move. The S&P 500 index rose less than 0.1% to 5,634.2, with the Nasdaq Composite up 0.1% to 17,615.4 and the Dow Jones Industrial Average less than...

01:40 PM EDT, 09/17/2024 (MT Newswires) -- Energy stocks were higher Tuesday afternoon, with the NYSE Energy Sector Index up 0.6% and the Energy Select Sector SPDR Fund (XLE) rising 1.1%. The Philadelphia Oil Service Sector index climbed 2.3%, and the Dow Jones US Utilities index was easing 0.1%. Front-month West Texas Intermediate crude oil was rising 2.3% to $71.67...

* Beijing's curbs follow latest U.S. limits on Chinese chip sector * Exports of gallium, germanium to U.S. already stalled * Antimony prices surge this year as China stifles exports (Adds comments from analyst in paragraphs 9-10, trader in paragraph 12, background) By Amy Lv and Tony Munroe Dec 3 (Reuters) - China has banned exports to the U.S. of...

HELSINKI (Reuters) - The Baltic Sea region has seen several cases of suspicious damage against underwater critical infrastructure since 2022, but authorities have been unable to find sufficient proof of deliberate malicious intent to press charges.  NOV 2024: BALTIC TELECOM CABLES In the most recent case, two undersea fibre-optic communications cables located more than 100 nautical miles (about 200 km)...

BEIJING, Dec 3 (Reuters) - Washington's new curbs on China's semiconductor industry are fanning fears that Beijing could strike back, as trade tensions between the two largest economies intensify. Chinese authorities have vowed to take action to safeguard the interests of their companies and the country has in recent years amassed a series of tools that analysts say they can...

WASHINGTON (Reuters) -The United States on Monday launched its third big crackdown in three years on China's semiconductor industry, curbing exports to 140 companies, including chip equipment maker Naura Technology Group, among other moves. Below is a list of the biggest actions being taken, according to the Commerce Department. CHIP EQUIPMENT New controls will be placed on semiconductor manufacturing equipment...

”Both sides agreed to work closely together on key issues on the UNSC agenda, in keeping with the special and privileged strategic partnership,” the MEA said in a statement.

Washington (AP) The Biden administration says it's ready to join talks with Iran and world powers to discuss a return to the 2015 nuclear deal...

The legislation would also benefit hundreds and thousands of Indian IT professionals and their families.

The People’s Liberation Army (PLA) officially acknowledged for the first time on Friday that five Chinese military officers and soldiers were killed in last year’s Galwan Valley clash in eastern Ladakh with the Indian Army.

NEW YORK, June 10 (Reuters) - The use of artificial intelligence (AI) could save Morgan Stanley's ( MS ) financial advisers between 10 and 15 hours a week, the bank's CEO Ted Pick told investors at a conference on Monday. This is potentially really game-changing, Pick said, adding that the bank's tool to transcribe and enter notes from client meetings...

03:18 PM EDT, 06/10/2024 (MT Newswires) -- Micron Technology's ( MU ) results will align more closely to the midpoint of its guidance due to the impact of Taiwan earthquake, which resulted in lost dynamic random access memory bits, UBS said in a note emailed Monday. This setback is offset by an increase in the pricing of DRAM and growth...

03:28 PM EDT, 06/10/2024 (MT Newswires) -- Altice USA ( ATUS ) and Morgan Stanley ( MS ) joint venture Lightpath said Monday it has agreed to acquire substantially all assets of United Fiber and Data to bolster its high-fiber count network and serviceable market. Financial terms of the transaction weren't disclosed. United Fiber and Data owns and operates a...

(Reuters) - The U.S. Securities and Exchange Commission in April had sought additional disclosures from New York Community Bancorp ( NYCB ) in its preliminary proxy statement, regulatory filings made by the regional lender showed on Monday. The regulator requested NYCB to revise its proxy filing to briefly discuss the reasons for its recent capital-raise including its initiative to continue...

Cardano (ADA) is showing strong growth in smart contract development. Since the beginning of the year, the number of Plutus scripts on the Cardano network, including Plutus V1 and V2, has surged by 171.45%,  At this pace, the Cardano network is adding nearly 500 new smart contracts daily. According to data from Cardano Blockchain Insights, the network has achieved 39,000...

Phishing scams have wreaked havoc in the digital asset ecosystem and are making a comeback amidst market-wide recovery. These attacks have grown increasingly sophisticated, leading to high-profile crypto investors, whales, and prominent industry figures becoming victims, ultimately resulting in substantial financial losses. In its latest update on March 21st, CertiK identified a deposit of 3,700 ETH into Tornado Cash on...

The cryptocurrency market has failed to recover as swiftly as many expected it to, and Bitcoins price seems to be struggling to break above $66K definitively. Most of the altcoins are also trading in the red, with two notable exceptions. Bitcoin Fails at $66K As seen in the chart below, Bitcoins price was unable to retain its bullish momentum that...

Dogecoin has emerged as one of the top-performing assets amidst market recovery from significant volatility last weekend. Trading at $0.164, the eighth-largest crypto by market capitalization, has extended its monthly gains to nearly 96%. Coinciding with this surge, the number of transactions by DOGE whales has hit a new milestone. Dogecoin Whales Make a Splash Amidst renewed market activity, Dogecoins...