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Dollar falls against yen on intervention outlook, US-Iran deal optimism
Dollar falls against yen on intervention outlook, US-Iran deal optimism
May 6, 2026
The US dollar declined against most major currencies on Wednesday after signals from the United States indicated that an agreement with Iran is approaching, while the Japanese yen jumped to its highest level in more than two months amid expectations of new official intervention from Tokyo to support the currency. The yen rose by as much as 1.8% in a...
Euro gains ground on hopes for US-Iran deal
Euro gains ground on hopes for US-Iran deal
May 6, 2026
The euro rose in the European market on Wednesday against a basket of global currencies, extending its gains for the second consecutive day against the US dollar, due to slower purchases of the US currency as a safe haven and improving risk sentiment, amid growing hopes of reaching a peace agreement between the United States and Iran. Amid elevated pricing...
Dollar steadies amid Middle East truce fragility, yen intervention outlook
Dollar steadies amid Middle East truce fragility, yen intervention outlook
May 5, 2026
The US dollar stabilized during Tuesdays trading, as markets await developments in the war related to Iran, while the Japanese yen maintained its stability in quiet trading, following sharp gains last week amid suspicions of intervention from Tokyo to support it. The ceasefire in the Middle East has come under renewed doubt after the United States and Iran launched new...
Aussie extends gains to four-year peak on positive outlook
Aussie extends gains to four-year peak on positive outlook
May 5, 2026
The Australian dollar rose in the Asian market on Wednesday against a basket of global currencies, extending its gains for the second consecutive day against its US counterpart and recording its highest level in four years, amid positive sentiment dominating global markets and slowing purchases of the US currency as a safe haven, especially after Donald Trump announced significant progress...
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Sector Update: Financial
Sector Update: Financial
Dec 2, 2024
01:22 PM EST, 12/02/2024 (MT Newswires) -- Financial stocks were decreasing in Monday afternoon trading, with the NYSE Financial Index down 0.7% and the Financial Select Sector SPDR Fund (XLF) off 0.8%. The Philadelphia Housing Index was easing 0.1%, and the Real Estate Select Sector SPDR Fund (XLRE) was falling 1.5%. Bitcoin (BTC-USD) was declining 2% to $95,348, and the...
Exchange-Traded Funds, US Equities Mixed After Midday Trading
Exchange-Traded Funds, US Equities Mixed After Midday Trading
Dec 2, 2024
01:14 PM EST, 12/02/2024 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded fund IWM fell while IVV rose. Actively traded Invesco QQQ Trust (QQQ) edged up 1.1%. The Nasdaq and the S&P 500 extended rallies to records in midday Monday trading, and the Dow Jones Industrial Average eased as traders digested new economic data in the first session of December....
Sector Update: Energy
Sector Update: Energy
Dec 2, 2024
01:19 PM EST, 12/02/2024 (MT Newswires) -- Energy stocks were lower Monday afternoon, with the NYSE Energy Sector Index falling 1.1% and the Energy Select Sector SPDR Fund (XLE) dropping 1.4%. The Philadelphia Oil Service Sector index was up 0.2%, and the Dow Jones US Utilities index was sliding 1.6%. Front-month West Texas Intermediate crude oil was fractionally higher at...
Sector Update: Health Care
Sector Update: Health Care
Dec 2, 2024
01:27 PM EST, 12/02/2024 (MT Newswires) -- Health care stocks were easing Monday afternoon, with the NYSE Health Care Index down 0.2% and the Health Care Select Sector SPDR Fund (XLV) shedding 0.3%. The iShares Biotechnology ETF (IBB) rose 0.1%. In corporate news, PTC Therapeutics ( PTCT ) signed a licensing deal with Novartis ( NVS ) unit Novartis Pharmaceuticals...
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Lawyers fight over $78 mln fee bid in T-Mobile data breach settlement
Lawyers fight over $78 mln fee bid in T-Mobile data breach settlement
Jun 11, 2024
June 11 (Reuters) - Attorneys challenging $78 million in legal fees stemming from a data breach class action settlement with T-Mobile urged a U.S. appeals court on Tuesday to throw out the windfall award, arguing it made up an oversized share of the $350 million settlement fund. This is exactly the kind of case that causes the public to scoff...
US to widen sanctions on sale of semiconductor chips to Russia, sources say
US to widen sanctions on sale of semiconductor chips to Russia, sources say
Jun 11, 2024
WASHINGTON (Reuters) - The U.S. government plans on Wednesday to announce wider sanctions on the sale of semiconductor chips and other goods to Russia, with the goal of targeting third-party sellers in China, sources familiar with the plans said late on Tuesday. The moves are part of a broad push by the Biden administration to respond to Russia's efforts to...
US weighs more limits on China's access to AI chips, Bloomberg reports
US weighs more limits on China's access to AI chips, Bloomberg reports
Jun 11, 2024
June 11 (Reuters) - The Biden administration is considering further restrictions on China's access to chip technology used for artificial intelligence, Bloomberg News reported on Tuesday, citing people familiar with the matter. The measures being discussed would limit China's ability to use a cutting-edge chip architecture known as gate all-around, or GAA, the report said. GAA is a type of...
Oracle misses quarterly revenue estimates
Oracle misses quarterly revenue estimates
Jun 11, 2024
June 11 (Reuters) - Oracle missed Wall Street expectations for fourth-quarter revenue on Tuesday, hurt by weaker client spending on its cloud services amid stiff competition and an uncertain economy. The company reported revenue of $14.29 billion for the quarter, compared with analysts' average estimate of $14.55 billion, according to LSEG data. ...
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Update: KKR Rival Bain Capital Reportedly Wins Support of Fuji Soft Founder in Takeover Bid
Update: KKR Rival Bain Capital Reportedly Wins Support of Fuji Soft Founder in Takeover Bid
Oct 18, 2024
08:07 AM EDT, 10/18/2024 (MT Newswires) -- (Updates with comment from Bain Capital in the sixth paragraph.) KKR's (KKR) rival in the takeover of Fuji Soft, Bain Capital, won the support of the Japanese software developer's founder and major shareholder Hiroshi Nozawa, multiple news outlets reported Friday, citing Nozawa's letter to the company. Bain made a binding offer last week...
Kaspi.kz Agrees to Acquire 65% of Hepsiburada Shares for $1.1 Billion
Kaspi.kz Agrees to Acquire 65% of Hepsiburada Shares for $1.1 Billion
Oct 18, 2024
08:01 AM EDT, 10/18/2024 (MT Newswires) -- Kaspi.kz (KSPI) said Friday it has signed a definitive agreement to acquire 65.41% of the total outstanding Class A and Class B shares of D-Market Electronic Services & Trading (HEPS) from founder Hanzade Dogan and other shareholders for a total cash consideration of around $1.13 billion, payable in two installments. Turkish e-commerce platform...
CI Financial Reports 23% Increase in Total Assets For September Quarter
CI Financial Reports 23% Increase in Total Assets For September Quarter
Oct 18, 2024
08:00 AM EDT, 10/18/2024 (MT Newswires) -- CI Financial ( CIXXF ) on Friday reported preliminary total assets of $518.1 billion as at Sept. 30, a 23% increase over last year. The breakdown consists of $135.4 billion asset management assets, Canadian wealth management assets of $100.1 billion, Canadian custody assets of $31.9 billion, and U.S. wealth management assets of $250.6...
--Greenbrier Companies Maintains Quarterly Dividend at $0.30 per Share; Payable on Nov. 27 to Shareholders of Record on Nov. 6
--Greenbrier Companies Maintains Quarterly Dividend at $0.30 per Share; Payable on Nov. 27 to Shareholders of Record on Nov. 6
Oct 18, 2024
08:01 AM EDT, 10/18/2024 (MT Newswires) -- Price: 51.87, Change: -0.77, Percent Change: -1.46 ...
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Top-10 cryptocurrencies: Rs 10,000 invested in No 1 would have grown to Rs 16 lakh in 1 year
Top-10 cryptocurrencies: Rs 10,000 invested in No 1 would have grown to Rs 16 lakh in 1 year
Jun 30, 2021
Did you know that there are thousands of cryptocurrencies in existence, many of which put even Bitcoin's performance in the shade. Here's a list of the top-10 best-performing cryptocurrencies over the past 12 months
Cryptocurrency prices on July 2: Bitcoin slips 4%; Ether, Dogecoin follow
Cryptocurrency prices on July 2: Bitcoin slips 4%; Ether, Dogecoin follow
Jul 1, 2021
The crypto market was broadly trading in the red on Friday as the selling pressure continued. The world’s largest cryptocurrency has given up $34k support levels and is currently trading 3.22 percent lower at $33,207. Here are the prices of the ten largest cryptocurrencies, data sourced from CoinMarketCap (as of 8:20 IST):
Cryptocurrency prices on July 1: Bitcoin gives up $36k, slips 4%; Ether jumps 3%
Cryptocurrency prices on July 1: Bitcoin gives up $36k, slips 4%; Ether jumps 3%
Jun 30, 2021
The crypto market was trading mixed on Thursday as investors rushed to book profits. Bitcoin lost some of its steam and dropped 4 percent to $34k levels. The world’s largest cryptocurrency is down over 40 percent in April-June period. However, Bitcoin outperformed large altcoins in June – while Bitcoin declined nearly 3 percent in June, altcoins like Ripple XRP, EOS, and Chainlink lost over 30 percent. Here are the prices of the ten largest cryptocurrencies, data sourced from CoinMarketCap (as of 8:35 pm IST).
What are NFTs and how can you buy them in India?
What are NFTs and how can you buy them in India?
Jul 1, 2021
An NFT is a digital collectable, with the non-fungible part in NFT referring to the uniqueness of the digital asset. The asset cannot be reproduced, and any imitation of the asset will not have the same unique properties
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