financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
Aussie moves in a negative zone after inflation data
Aussie moves in a negative zone after inflation data
Apr 29, 2026
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...
Euro deepens losses to three-week trough before ECB's decisions
Euro deepens losses to three-week trough before ECB's decisions
Apr 30, 2026
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...
Euro under pressure before ECB meeting
Euro under pressure before ECB meeting
Apr 29, 2026
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...
Dollar climbs as a safe haven before Fed's decision
Dollar climbs as a safe haven before Fed's decision
Apr 29, 2026
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...
World >
Market >
Environment >
Technology >
KKR to invest $400 mln in Philippine telecoms tower business
KKR to invest $400 mln in Philippine telecoms tower business
Mar 12, 2024
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...
SingTel looking to sell significant Optus stake to Brookfield - source
SingTel looking to sell significant Optus stake to Brookfield - source
Mar 13, 2024
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...
Exclusive-Samsung to use tech favoured by SK Hynix as AI chip making race heats up, sources say
Exclusive-Samsung to use tech favoured by SK Hynix as AI chip making race heats up, sources say
Mar 13, 2024
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,...
Exclusive-Samsung to use chip making tech favoured by SK Hynix as AI chip race heats up, sources say
Exclusive-Samsung to use chip making tech favoured by SK Hynix as AI chip race heats up, sources say
Mar 12, 2024
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...
Personal Finance >
Politics >
ED attaches over Rs 10-crore assets in resort scam involving ex-Maha minister Anil Parab
ED attaches over Rs 10-crore assets in resort scam involving ex-Maha minister Anil Parab
Jan 4, 2023
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.
Lok Sabha passes Forest (Conservation) Amendment Bill — All you need to know
Lok Sabha passes Forest (Conservation) Amendment Bill — All you need to know
Jul 11, 2023
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.
Rajasthan: Gehlot government begins Rs 2,500 cr dam project for Sabarmati, Sei rivers ahead of polls
Rajasthan: Gehlot government begins Rs 2,500 cr dam project for Sabarmati, Sei rivers ahead of polls
Mar 1, 2023
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.
Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Nov 6, 2023
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.
Retail >
Business >
--Apollo Global Invests $1.6 Billion in SCI Capital Partners
--Apollo Global Invests $1.6 Billion in SCI Capital Partners
Oct 10, 2024
08:09 AM EDT, 10/08/2024 (MT Newswires) -- Price: 132.35, Change: -1.88, Percent Change: -1.40 ...
West Red Lake Gold Reports Latest Drill Results From South Austin Zone, Madsen Mine
West Red Lake Gold Reports Latest Drill Results From South Austin Zone, Madsen Mine
Oct 10, 2024
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...
What's Going On With Brazilian Oil & Gas Company Petrobras Shares On Tuesday?
What's Going On With Brazilian Oil & Gas Company Petrobras Shares On Tuesday?
Oct 10, 2024
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...
Two Italian prosecutors convicted for hiding documents in Eni-Shell Nigeria trial
Two Italian prosecutors convicted for hiding documents in Eni-Shell Nigeria trial
Oct 10, 2024
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...
Economy >
Cryptocurrency >
PEPE Explodes 10% Daily, BTC Faces Massive Volatility Ahead of FOMC Meeting (Market Watch)
PEPE Explodes 10% Daily, BTC Faces Massive Volatility Ahead of FOMC Meeting (Market Watch)
Jun 12, 2024
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 Outlines Defense Plan Against Rival Riot’s Ongoing Takeover Bid
Bitfarms Outlines Defense Plan Against Rival Riot’s Ongoing Takeover Bid
Jun 11, 2024
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...
GBP/USD: Navigating the Uncertainty of US CPI and FOMC Releases
GBP/USD: Navigating the Uncertainty of US CPI and FOMC Releases
Jun 12, 2024
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...
US Spot Bitcoin ETFs See $200M Net Outflows Ahead of Major Economic Indicators
US Spot Bitcoin ETFs See $200M Net Outflows Ahead of Major Economic Indicators
Jun 12, 2024
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...
Forex >
Copyright 2023-2026 - www.financetom.com All Rights Reserved