The Japanese yen rose in Asian trade on Friday, extending its recovery for a second consecutive session from a nine-month low against the US dollar, supported by active buying at lower levels and by weakness in the US currency amid mounting concerns over an economic slowdown in the United States. Despite todays rebound, the yen remains on track to post...

The euro fell in the European market on Monday against a basket of major currencies, extending losses for the second consecutive day against the U.S. dollar and moving away from a two-week high, as corrective moves and profit-taking continued alongside a rebound in the U.S. currency supported by Federal Reserve officials. Expectations for a European rate cut in December remain...

The Japanese yen fell in the Asian market on Monday against a basket of major currencies, extending losses for the second straight day against the U.S. dollar and moving closer to touching a nine-month low, after data showed that Japans economy contracted in the third quarter of this year due to U.S. tariffs. The data reinforces Prime Minister Sanae Takaichis...

The US dollar headed toward a weekly loss on Friday, as investors trimmed positions while awaiting a clearer assessment of the backlog of US economic data following the governments reopening. Traders sold the US currency despite rising yields and declining expectations of a Federal Reserve rate cut next month. The moves came alongside broad selling in US equities and bonds,...

03:38 PM EDT, 08/01/2024 (MT Newswires) -- Energy stocks fell late Thursday afternoon, with the NYSE Energy Sector Index dropping 2.6% and the Energy Select Sector SPDR Fund (XLE) down 2.8%. The Philadelphia Oil Service Sector index slumped 4.4%, while the Dow Jones US Utilities index gained 1.7%. West Texas Intermediate crude oil fell 1.5% to $76.76 a barrel, while...

03:37 PM EDT, 08/01/2024 (MT Newswires) -- Health care stocks were higher late Thursday afternoon with the NYSE Health Care Index and the Health Care Select Sector SPDR Fund (XLV) both up 1%. The iShares Biotechnology ETF (IBB) fell 0.4%. In corporate news, Becton Dickinson ( BDX ) shares were shedding 2%. The company on Thursday trimmed its full-year organic...

(Reuters) - U.S. chip stocks plummeted on Thursday, on track for their worst day since 2020, after a conservative forecast from Arm Holdings dampened investor optimism about artificial intelligence and data signaled a cooling economy. Shares of Arm sank 16% after the British chip designer's forecast sparked worries that returns from a spending frenzy on AI computing by Microsoft (...

* US manufacturing gauge drops to eight-month low * Arm Holdings down after tepid Q2 revenue forecast * Eli Lilly ( LLY ) up as weight-loss drug cut heart failure risk in trial * Indexes down: Dow 1.57%, S&P 1.76%, Nasdaq 2.76% (Updated at 2:18 p.m. ET/1818 GMT) By Chuck Mikolajczak NEW YORK, Aug 1 (Reuters) - U.S. stocks tumbled...

In today's rapidly evolving and fiercely competitive business landscape, it is crucial for investors and industry analysts to conduct comprehensive company evaluations. In this article, we will undertake an in-depth industry comparison, assessing Microsoft ( MSFT ) alongside its primary competitors in the Software industry. By meticulously examining crucial financial indicators, market positioning, and growth potential, we aim to provide...

02:05 PM EDT, 05/13/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: We lower our opinion on shares of CSU to Hold from Buy. However, we also increase our target price to CAD5,519 from CAD5,331 based on a P/E of 77x our...

(Reuters) -The volume of processors Intel ( INTC ) is set to produce for external customers using its upcoming manufacturing technology is currently not significant, finance chief David Zinsner said on Tuesday. Committed volumes, or the amount of external customers' chips set to be produced by Intel ( INTC ) using upcoming manufacturing tech, is presently not significant, Zinsner said...

In the fast-paced and cutthroat world of business, conducting thorough company analysis is essential for investors and industry experts. In this article, we will undertake a comprehensive industry comparison, evaluating Apple ( AAPL ) in comparison to its major competitors within the Technology Hardware, Storage & Peripherals industry. By analyzing crucial financial metrics, market position, and growth potential, our objective...

Uttar Pradesh Chief Minister Yogi Adityanath on Sunday said increasing population was a "hurdle in development" and that more efforts are needed to control it. He was speaking during a function held at his official residence here on the occasion of World Population Day.

Born in Jodhpur, Vaishnaw is an IIT and Wharton alumnus. Also, at odds with Twitter.

A mix of doctors, engineers, bureaucrats and seasoned politicians in expanded Council of Ministers.

An extensive and protracted review was carried out by Modi and the BJP top brass through a series of meetings with ministers ahead of Wednesday's big exercise. 

John Boumphrey, Amazon's UK Country Manager, told reporters that in the UK alone the online retail giant last year sold more than 4 million used or refurbished products at a discount.

Uber has had a tortured history in London, where cabbies have vehemently protested the app’s presence in the city for fear of losing their livelihood and out of concern the app’s drivers don’t adhere to strict safety standards and oversight.

From the m-cap of BSE-listed companies crossing the $4 Tn mark to the most memorable quotes by Charlie Munger,  here's a rundown of 11 significant news stories to keep you in the know:

Born in 1924, Munger would have turned 100 on New Year's day.

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.

Bankman-Fried was found guilty of seven counts of fraud and conspiracy after jurors in Manhattan deliberated for less than five hours Thursday.

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.