The Australian dollar fell in the Asian market on Wednesday against a basket of global currencies, moving in negative territory for the second consecutive day against its U.S. counterpart. This follows the release of Australian inflation data that came in below market expectations. The data led to a decrease in the probability of the Reserve Bank of Australia (RBA) raising...

The Euro fell in the European market on Thursday against a basket of global currencies, deepening its losses for the third consecutive day against the U.S. dollar. The currency hit a three-week low as risk aversion persists among investors, who continue to favor the American dollar as the primary alternative investment due to reports that the U.S. is considering a...

The Euro fell in the European market on Wednesday against a basket of global currencies, continuing its losses for the second consecutive day against the U.S. dollar. This decline is driven by risk aversion as investors focus on purchasing the American currency as the preferred alternative investment, following media reports that the United States will extend its blockade of Iranian...

The U.S. dollar rose slightly on Wednesday as investors awaited the Federal Reserve's interest rate decision, which is expected to be Jerome Powell's last in his role as Chair. Meanwhile, the war with Iran continues without clear signs of a near-term resolution. Market activity was relatively thin due to a public holiday in Japan and general caution ahead of several...

The Reserve Bank of India's monetary policy review along with release of key macro data points and concerns regarding the stability of the NBFC segment will influence the trends on key equity indices this week.

The bank has also set a target of Rs 800 crore to Rs 1,000 crore through recoveries from defaulters.

Harsha Upadhyaya CIO-Equity at Kotak Mutual Fund and market expert Ashwani Gujral spoke at length about Indiabulls Housing Finance, Adani Enterprises, Page Industries, NBFCs and private banking space.

The Government has stepped in to maintain liquidity in bonds market by announcing cuts in planned government borrowings.

MANILA, March 13 (Reuters) - Private equity firm KKR & Co ( KKR ) will invest $400 million in telecoms tower operations and expansion in the Philippines, the U.S. Department of Commerce said on Wednesday, among a slew of deals in a $1 billion investment announced in a landmark trade mission. KKR will develop and acquire roughly 2,000 telecoms towers...

March 13 (Reuters) - Singapore Telecommunications is in advanced talks with Canadian private equity Brookfield to sell a significant stake in its Australian telecom unit Optus, a source with direct knowledge of the matter told Reuters on Wednesday. SingTel in an exchange filing earlier denied a media report, which stated the telecom firm was in talks with Brookfield to sell...

SEOUL (Reuters) -Samsung Electronics plans to use a chip making technology championed by rival SK Hynix, five people said, as the world's top memory chipmaker seeks to catch up in the race to produce high-end chips used to power artificial intelligence. The demand for high bandwidth memory (HBM) chips has boomed with the growing popularity of generative AI. But Samsung,...

SEOUL (Reuters) - Samsung Electronics ( SSNLF ) plans to use a chip making technology championed by rival SK Hynix, five people said, as the world's top memory chipmaker seeks to catch up in the race to produce high-end chips used to power artificial intelligence. The demand for high bandwidth memory (HBM) chips has boomed with the growing popularity of...

The probe pertains to Dapoli resort, which is allegedly illegal. The former minister and Shiv Sena (Uddhav) leader, Anil Parab, allegedly wangled a permit to use land meant for agricultural use. The ED had started the investigation under the the Prevention of Money Laundering Act (PMLA) after a complaint from the Environment Ministry.

Activists have contended that words like "ecotourism facilities" and "any other purposes" are too vague and may pave the way for widespread exploitation and misuse.

On Tuesday, the Gehlot government invited bids for both projects to build the dams within the next four years. The chief minister had announced both projects in last year’s budget.

Accusing Kejriwal of being busy with election campaigning in poll-bound states and waking up to the situation late, Minister of State for Consumer Affairs, Food, and Public Distribution, Ashwini Kumar Choubey, said that the Centre had held a meeting with Chief Secretaries and senior officials from four North Indian states on 20th October to discuss measures to reduce air pollution, which he claims weren't adopted by the AAP-led governments.

08:09 AM EDT, 10/08/2024 (MT Newswires) -- Price: 132.35, Change: -1.88, Percent Change: -1.40 ...

08:09 AM EDT, 10/08/2024 (MT Newswires) -- West Red Lake Gold Mines ( WRLGF ) , which lost 2.5% yesterday, on Tuesday reported drill results from its Madsen Mine located in the Red Lake Gold District of northwestern Ontario. The company intersected 37.09 g/t gold over 3.12m and 18.11 g/t gold over 2.76m at South Austin. The results follow on...

Petrobras reported a Total Utilization Factor (FUT) of 96.8% for its refineries in September, the highest monthly figure in 2024, bringing the third-quarter average to 95.2%. The quarter also saw record pre-salt oil processing, accounting for 73% of the total load, and gasoline production reaching 6.38 million m3. Asphalt production was notable as well, with 803,000 tons produced in the...

MILAN, Oct 8 (Reuters) - An Italian court sentenced on Tuesday two Milan prosecutors to eight months in prison for failing to file documents that would have supported energy group Eni's position in an international corruption case. Eni, Shell, and all the defendants were nevertheless acquitted by a court in Milan in March 2021 in what came to be known...

Bitcoins price actions have been heavily influenced by major economic developments on the US front once again, as it dropped from over $70,000 to $66,000 ahead of the US CPI data and the latest FOMC meeting. The altcoins also faced massive volatility lately, but PEPE has emerged as the top dog with a 10% surge. BTC Prepares for US Developments...

Bitfarms announced on Monday that its Board of Directors has unanimously approved a shareholder rights plan, effective immediately, to preserve the integrity of its strategic alternatives review process in response to an unsolicited takeover offer from Riot Platforms Inc. The plan, commonly known as a “poison pill,” is intended to prevent any party from gaining control of Bitfarms without providing...

UK Growth Flatlines, Sterling Hesitant and FTSE Lifts: UK GDP stalls in April, adding to the misery of yesterday’s jobs routSterling Reveals a Slight Reprieve from Recent Bearish Pressure as All Eyes Turn to US CPI, FOMCThe FTSE provided a strong start to the day on news of Rentokil’s new investorsThe analysis in this article makes use of chart patterns...

On Tuesday, June 11, U.S. spot Bitcoin exchange-traded funds (ETFs) experienced net outflows of $200 million as the market awaits key economic indicators, including CPI and FOMC data. This followed the outflows from Monday, which ended their record streak of net inflows. Spot Bitcoin ETFs End 19-Day Inflow Streak According to data from Farside Investors, Grayscale’s GBTC had the largest...