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Kiwi extends losses to four-month trough on cautious RBNZ stance
Kiwi extends losses to four-month trough on cautious RBNZ stance
Aug 20, 2025
The New Zealand dollar fell broadly in Asian markets on Wednesday against a basket of major and minor currencies, extending losses for the second consecutive day against its US counterpart and hitting a four-month low. The decline came amid accelerating open-market selling following the release of the Reserve Bank of New Zealands monetary policy decision. The RBNZ cut interest rates...
Brent extends gains to past $66 a barrel
Brent extends gains to past $66 a barrel
Aug 18, 2025
Oil prices rose on Monday as investors monitored the US-European summit focused on ending the war between Russia and Ukraine. Markets are closely watching the meeting between US President Donald Trump and Ukrainian President Volodymyr Zelensky on halting the war with Russia. The world is also awaiting further meetings between Trump and European leaders to discuss ways to end the...
Sterling hits one-week trough before UK inflation data
Sterling hits one-week trough before UK inflation data
Aug 20, 2025
The British pound declined in European trading on Wednesday against a basket of major currencies, deepening losses for the third consecutive session against the US dollar and hitting a one-week low. The drop came amid continued strength in the greenback ahead of the annual Jackson Hole Economic Symposium. Expectations for a September rate cut by the Bank of England have...
US dollar steadies before busy week with events and Fed speeches
US dollar steadies before busy week with events and Fed speeches
Aug 18, 2025
The dollar rose against the euro and the British pound on Monday, ahead of an expected meeting between US President Donald Trump and his Ukrainian and European counterparts, while attention also turned to the Federal Reserves Jackson Hole symposium, in search of signals on monetary policy. The euro fell by 0.2% against the dollar, recording 1.1683 dollars, while the British...
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Sector Update: Financial
Sector Update: Financial
Sep 22, 2024
01:27 PM EDT, 09/18/2024 (MT Newswires) -- Financial stocks were mixed Wednesday afternoon trading with the NYSE Financial Index and the Financial Select Sector SPDR Fund (XLF) both little changed. The Philadelphia Housing Index shed 0.5%, and the Real Estate Select Sector SPDR Fund (XLRE) dropped 0.2%. Bitcoin (BTC-USD) fell 1.1% to $59,891, and the yield for 10-year US Treasuries...
US STOCKS-Wall St slips as Fed's first rate cut in four years looms
US STOCKS-Wall St slips as Fed's first rate cut in four years looms
Sep 22, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Fed rate decision due at 2:00 p.m. ET * Intuitive Machines ( LUNR ) soars after clinching NASA contract * Indexes down: Dow 0.24%, S&P 500 0.27%, Nasdaq 0.39% (Updated at 12:04 p.m. ET/1604 GMT) By Johann M Cherian...
Gold Rises as Federal Reserve Readies to Cut Interest Rates for First Time in Four Years
Gold Rises as Federal Reserve Readies to Cut Interest Rates for First Time in Four Years
Sep 21, 2024
09:39 AM EDT, 09/18/2024 (MT Newswires) -- Gold prices rose early on Wednesday, pushing back above the US$2,600 mark as the dollar weakened ahead of this afternoon's expected first cut to U.S. interest rates since 2020. Gold for December delivery was last seen up US$11.60 to US$2,604.00 per ounce. The Federal Reserve's policy committee will end its two-day meeting at...
Exchange-Traded Funds Mixed, US Equities Edge Up After Midday Trading
Exchange-Traded Funds Mixed, US Equities Edge Up After Midday Trading
Sep 22, 2024
01:00 PM EDT, 09/18/2024 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds were mixed, with IWM higher and IVV lower. Actively traded Invesco QQQ Trust (QQQ) lost 0.1%. US equity indexes edged up in choppy midday trading Wednesday ahead of the Federal Reserve's policy announcement later in the afternoon. Energy iShares US Energy ETF (IYE) rose 0.2%, and Energy...
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SJVN secures 200-MW wind power project at ₹3.24 per unit
SJVN secures 200-MW wind power project at ₹3.24 per unit
Nov 16, 2023
Projected to generate 482 million units in its inaugural year post-commissioning, the cumulative energy generation over a 25-year span is anticipated to reach 12,050 million units. Shares of SJVN Ltd ended at ₹75.17, down by ₹0.50, or 0.66%, on the BSE.
How Zara and H&M are trying to clean up fast fashion's messy carbon footprint — are they serious about it
How Zara and H&M are trying to clean up fast fashion's messy carbon footprint — are they serious about it
Sep 18, 2023
Fast fashion retailer H&M is all set to sell second-hand clothes at its Regent Street flagship store in UK from October — offering items that are 'ready to be loved again.' Zara also recently launched its online second-hand service in France, having trialled it in Britain since November last year. But are these 'green initiatives' for real, or just some more greenwashing? CNBC TV18 gives a macro view.
This sustainable jewellery brand is luring some women away from gold
This sustainable jewellery brand is luring some women away from gold
Oct 30, 2023
Aulerth's offerings range from ₹5,000 to as high as ₹2.8 lakh. Are women willing to spend this much on jewellery made from scrap? Founder and CEO Vivek Ramabhadran definitely believes so. Aulerth produces couture-inspired pieces in association with designers like JJ Valaya, Suneet Varma, among others. It has reported 33% repeat customers in the past year and expects a spike to 40% soon.
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Nov 28, 2023
The firm and dispatchable renewable energy (FDRE) project, designed with a hybrid of solar, wind, and battery storage, is aimed at providing a stable and dispatchable energy supply during peak hours. Shares of Tata Power Company Ltd ended at ₹270.75, up by ₹12.60, or 4.88%, on the BSE.
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