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US dollar trades in a tight range ahead of Trump's Fed appointment decisions
US dollar trades in a tight range ahead of Trump's Fed appointment decisions
Aug 6, 2025
The US dollar remained confined within its recent trading range on Wednesday, as investors chose to stay neutral following another round of weak US economic data and ahead of President Donald Trumps upcoming appointment to the Federal Reserve Board. Trump said on Tuesday that he would decide on a nominee to replace outgoing board member Adriana Kugler by the end...
Kiwi extends gains after data
Kiwi extends gains after data
Aug 7, 2025
The New Zealand dollar rose on Thursday against most major currencies following the release of economic data. Government data published earlier today showed that New Zealands quarterly inflation expectations for Q3 2025 came in at 2.28%, slightly down from the previous reading of 2.29%. As of 21:00 GMT, the New Zealand dollar climbed 0.5% against the US dollar to trade...
Sterling hits a week high before BOE decision
Sterling hits a week high before BOE decision
Aug 7, 2025
The British pound rose in European trading on Thursday against a basket of global currencies, extending gains for the fifth consecutive day against the US dollar and reaching its highest level in a week, supported by weakness in the US currency in the forex market. This rise comes ahead of the Bank of Englands monetary policy decision at the conclusion...
Kiwi gains ground after positive jobs data
Kiwi gains ground after positive jobs data
Aug 6, 2025
The New Zealand dollar strengthened against most major currencies during Wednesday trading following the release of upbeat employment data. Government figures showed that the employment change index in New Zealand declined by 0.1% in the second quarter, in line with expectations. The data also revealed that the unemployment rate in New Zealand rose to 5.2% in Q2, up from 5.1%...
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Japan's Nikkei ends at record high on Wall Street gains, weaker yen
Japan's Nikkei ends at record high on Wall Street gains, weaker yen
Mar 22, 2024
(Updates to closing prices) TOKYO, March 22 (Reuters) - Japan's Nikkei share average closed at an all-time high on Friday, underpinned by record gains on Wall Street overnight and strength in automakers' stocks on a weaker yen. The Nikkei rose 0.18% to end at 40,888.43, after hitting 41,087.75 earlier in the session to break an all-time intraday high. The index,...
Japan's Nikkei hits record high on Wall Street gains, weaker yen
Japan's Nikkei hits record high on Wall Street gains, weaker yen
Mar 21, 2024
TOKYO, March 22 (Reuters) - Japan's Nikkei share average hit a record high on Friday, underpinned by the strength on Wall Street overnight and as a weaker yen prompted investors to buy automakers. The Nikkei rose to as high as 41,087.75 earlier in the session, crossing the 41,000 level for the first time. The index ended 0.07% higher at 40,844.53...
Investor Optimism Improves Slightly; Dow Jumps Over 250 Points
Investor Optimism Improves Slightly; Dow Jumps Over 250 Points
Mar 22, 2024
The CNN Money Fear and Greed index showed a slight increase in the overall market sentiment on Thursday. U.S. stocks closed higher on Thursday, extending gains recorded in the previous session. The Fed kept interest rates unchanged Wednesday between 5.25% and 5.5% at its March meeting, as widely expected by investors, confirming intentions to lower the cost of money in the...
FedEx, Nike And 3 Stocks To Watch Heading Into Friday
FedEx, Nike And 3 Stocks To Watch Heading Into Friday
Mar 22, 2024
With U.S. stock futures trading higher this morning on Friday, some of the stocks that may grab investor focus today are as follows: FedEx Corporation ( FDX ) reported better-than-expected earnings for its third quarter and authorized a new $5 billion share repurchase program. FedEx ( FDX ) shares jumped 12.9% to $299.07 in the after-hours trading session. Worthington Steel,...
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Analyst Ratings For Microchip Technology
Analyst Ratings For Microchip Technology
Oct 22, 2024
Across the recent three months, 12 analysts have shared their insights on Microchip Technology ( MCHP ) , expressing a variety of opinions spanning from bullish to bearish. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a...
Verizon Q3 Earnings Preview: 'Slow And Steady Comeback' Of Telecom Could Be Evident Tuesday
Verizon Q3 Earnings Preview: 'Slow And Steady Comeback' Of Telecom Could Be Evident Tuesday
Oct 22, 2024
Telecommunications company Verizon Communications ( VZ ) is one of several Dow Jones Industrial Average companies reporting financial results during the trading week. Here's a look at the analyst estimates and key items to watch in the earnings report, with Verizon set to report Q3 results before market open Tuesday. Earnings Estimates: Analysts expect Verizon to report third-quarter revenue of...
This Is What Whales Are Betting On AT&T
This Is What Whales Are Betting On AT&T
Oct 22, 2024
Deep-pocketed investors have adopted a bullish approach towards AT&T ( T ) , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in T usually suggests something big is about to happen. We gleaned this information from...
This Is What Whales Are Betting On ASML Holding
This Is What Whales Are Betting On ASML Holding
Oct 22, 2024
Deep-pocketed investors have adopted a bearish approach towards ASML Holding ( ASML ) , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in ASML ( ASML ) usually suggests something big is about to happen. We...
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Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Nov 28, 2023
The firm and dispatchable renewable energy (FDRE) project, designed with a hybrid of solar, wind, and battery storage, is aimed at providing a stable and dispatchable energy supply during peak hours. Shares of Tata Power Company Ltd ended at ₹270.75, up by ₹12.60, or 4.88%, on the BSE.
How Zara and H&M are trying to clean up fast fashion's messy carbon footprint — are they serious about it
How Zara and H&M are trying to clean up fast fashion's messy carbon footprint — are they serious about it
Sep 18, 2023
Fast fashion retailer H&M is all set to sell second-hand clothes at its Regent Street flagship store in UK from October — offering items that are 'ready to be loved again.' Zara also recently launched its online second-hand service in France, having trialled it in Britain since November last year. But are these 'green initiatives' for real, or just some more greenwashing? CNBC TV18 gives a macro view.
Cups are disposable, the environment is not: Starbucks’ green realisation
Cups are disposable, the environment is not: Starbucks’ green realisation
Sep 16, 2023
For the last several years, Starbucks has been testing different kinds of plastics. In 2019, the company went to a straw less lid, eliminating a good amount of plastic. By the end of 2023, the goal is to reduce by 15 percent the amount of material in each cup.
SJVN secures 200-MW wind power project at ₹3.24 per unit
SJVN secures 200-MW wind power project at ₹3.24 per unit
Nov 16, 2023
Projected to generate 482 million units in its inaugural year post-commissioning, the cumulative energy generation over a 25-year span is anticipated to reach 12,050 million units. Shares of SJVN Ltd ended at ₹75.17, down by ₹0.50, or 0.66%, on the BSE.
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Telegram Malware Scams Surge 2,000%, Overtaking Phishing Attacks
Telegram Malware Scams Surge 2,000%, Overtaking Phishing Attacks
Jan 16, 2025
Telegram-based malware scams have now outpaced traditional phishing attacks, according to Scam Sniffers troubling findings. From November 2024 to January 2025, incidents involving malicious Telegram groups surged by over 2000%, while conventional phishing methods remained stable. Unlike the typical connect wallet scams, these new tactics involve more sophisticated methods such as fake verification bots, fraudulent trading groups, bogus airdrop groups,...
BitMEX Fined $100M for Violating Bank Secrecy Act
BitMEX Fined $100M for Violating Bank Secrecy Act
Jan 16, 2025
On January 15, the United States Department of Justice (DOJ) announced that BitMEX and its parent company, HDR Global Trading Limited, have been fined $100 million for violating the Bank Secrecy Act (BSA). The court found that the crypto exchange willfully failed to establish adequate anti-money laundering (AML) and know-your-customer (KYC) protocols. BitMEX’s Response In addition to the fine, the...
Trump Plans to Designate Crypto as a National Priority: Report
Trump Plans to Designate Crypto as a National Priority: Report
Jan 16, 2025
Donald Trump is planning to release an executive order elevating crypto as a “national imperative or priority,” reported Bloomberg, citing people familiar with the plans on Jan. 17. The order, which may come shortly after his Jan. 20 inauguration or even on day one, is intended to guide government agencies to work with the crypto industry, according to the report....
South Korea Targets Crypto Price Manipulation in First Action Under New Act
South Korea Targets Crypto Price Manipulation in First Action Under New Act
Jan 16, 2025
South Korean financial authorities Financial Services Commission (FSC) and Financial Supervisory Service (FSS) reported a suspect of price manipulation in the virtual asset market to the prosecution. This marks the first case processed through formal investigation procedures under the newly enforced Virtual Asset Act, effective July 19, 2024. The case followed a structured process. Abnormal transactions were first reported by...
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