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Aussie hits one-week high after strong wages data
Aussie hits one-week high after strong wages data
May 25, 2025
The Australian dollar rose in Asian trade on Wednesday against a basket of major rivals, expanding gains for the second straight session against the US dollar and hitting a week high, while approaching five-week highs following strong Australian wages data. The data renewed inflationary pressures on the Reserve Bank of Australias policymakers, which hurt the odds of a rate cut...
Aussie is worst performing currency after RBA rate cut
Aussie is worst performing currency after RBA rate cut
May 25, 2025
The Australian dollar tumbled on Tuesday against a basket of major rivals, resuming losses against the US counterpart after a short hiatus and becoming the worst performing G8 currency after the RBAs rate cut. The Reserve Bank of Australia voted to cut interest rates by 25 basis points to 3.85%, the lowest since May 2023, as inflation cooled. The Price...
Aussie moves in a positive zone after inflation data
Aussie moves in a positive zone after inflation data
May 25, 2025
The Australian dollar rose in Asian trade on Wednesday against the US dollar after a short hiatus yesterday, with the pair heading towards four-month high and about to mark the second monthly profit in a row. Earlier Sydney data showed inflationary pressures remained persistent on monetary policymakers, casting doubts on the odds of an Australian interest rate cut in May....
Aussie drops after wages data
Aussie drops after wages data
May 25, 2025
The Australian dollar fell against most major rivals on Wednesday following labor data. Australian wages rose 0.9% in the first quarter of the year, above estimates of 0.8%. On trading, the AUD/USD pair rose 0.7% as of 20:56 GMT to 0.6428. Loonie The Canadian dollar fell 0.3% against the greenback as of 20:56 GMT to $0.7155. The US Dollar The...
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Top stocks to watch on June 7: Tata Motors, Reliance Industries, Bharti Airtel, Tech Mahindra and more
Top stocks to watch on June 7: Tata Motors, Reliance Industries, Bharti Airtel, Tech Mahindra and more
Jun 6, 2022
Stocks to Watch: Investor sentiment was mixed in the global markets with key indices in the US settling higher and Asian markets witnessing some selling pressure. On Tuesday, SGX Nifty futures fell 0.6 percent to 16,475 as of 6:56 am, hinting at a negative opening for Dalal Street. Shares of Tata Motors, Reliance Industries, Bharti Airtel, Tech Mahindra among a few others will be in focus today. Here are top stocks to watch out for in trade today:
Top stock tips by Mitessh Thakkar, Sudarshan Sukhani: Asian Paints, Axis Bank, SBI Life and more
Top stock tips by Mitessh Thakkar, Sudarshan Sukhani: Asian Paints, Axis Bank, SBI Life and more
Jun 7, 2022
CNBC-TV18’s in-house panel of experts has picked a list of stocks for investors to buy/sell in trade today.
Tuesday's top brokerage calls: Paytm, Infosys, UltraTech and more
Tuesday's top brokerage calls: Paytm, Infosys, UltraTech and more
Jun 6, 2022
Brokerage Radar: While JP Morgan maintains an 'overweight' recommendation on Paytm shares, the brokerage firm has as 'underweight' rating on the IT sector with an 'overweight' rating on Infosys, Mphasis, Tech Mahindra and Persistent Systems. Here are the top brokerage calls for today -
10 things to know before opening bell on June 7
10 things to know before opening bell on June 7
Jun 6, 2022
Indian shares are set to track mixed global cues on Tuesday and a day ahead of the RBI Monetary Policy decision. US stocks ended the overnight session slightly higher amid concerns about whether the economy will successfully avoid a recession amid rising interest rates and high inflation. Asian stocks were trading mixed in morning trade. Here are the 10 things to know before opening trade on June 7
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What's Going On With Shake Shack Stock On Thursday?
What's Going On With Shake Shack Stock On Thursday?
May 25, 2025
Shake Shack, Inc. ( SHAK ) shares are trading higher on Thursday after reporting first-quarter results. The company reported quarterly adjusted earnings per share of 14 cents, missing the street view of 16 cents. Quarterly sales of $320.90 million (up 10.5%) missed the analyst consensus estimate of $328.08 million. System-wide sales reached $489.4 million, marking a 10.4% increase year over...
InterDigital Reports Q1 Earnings: The Details
InterDigital Reports Q1 Earnings: The Details
May 25, 2025
InterDigital Inc ( IDCC ) reported financial results for the first quarter before the market open on Thursday. Here’s a look at the key metrics from the quarter. Q1 Revenue: $210.51 million, versus estimates of $205.25 million Q1 Adjusted EPS: $4.21, versus estimates of $2.99 The mobile, video and AI technology research and development company said its strong revenue results...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Update: Market Chatter: KKR to Transfer Selecta Group Ownership to Existing Investors in Recapitalization Move
Update: Market Chatter: KKR to Transfer Selecta Group Ownership to Existing Investors in Recapitalization Move
May 25, 2025
01:57 PM EDT, 05/01/2025 (MT Newswires) -- (Updates with Strategic Value Partners declines to comment in the fifth paragraph.) KKR (KKR) will transfer the ownership of Switzerland-based vending machine company Selecta Group to a consortium of the company's existing creditors as part of a recapitalization deal, Bloomberg reported Wednesday, citing people familiar with the matter. The lender group includes Invesco...
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