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Yen on track for biggest weekly loss in a year on Takaichi
Yen on track for biggest weekly loss in a year on Takaichi
Oct 10, 2025
The Japanese yen rose in Asian trading on Friday against a basket of major and minor currencies, attempting to recover from an eight-month low versus the US dollar recorded earlier in the session, as traders engaged in moderate buying from depressed levels. Still, the yen remains on track for its biggest weekly loss in a year, pressured by expectations that...
US dollar trims losses as Trump de-escalates with China
US dollar trims losses as Trump de-escalates with China
Oct 13, 2025
The US dollar rose gradually on Monday after fears of a renewed escalation in the trade war between the United States and China eased, while political developments in France and Japan weighed on both the euro and the yen. The dollar index which measures the performance of the US currency against a basket of six major peers climbed 0.2% to...
Yen under pressure due to political developments in Japan
Yen under pressure due to political developments in Japan
Oct 13, 2025
The Japanese yen fell broadly across Asian markets on Monday at the start of the weeks trading, resuming its decline against a basket of major and minor currencies after Fridays brief rebound against the US dollar. The yen once again approached its lowest level in eight months, remaining under sustained pressure due to ongoing political developments in the worlds fourth-largest...
Kiwi tumbles to six-month trough on trade war fears
Kiwi tumbles to six-month trough on trade war fears
Oct 13, 2025
The New Zealand dollar fell in Asian trading on Tuesday against a basket of major and minor currencies, resuming losses that had paused the previous day against the US dollar, and hitting its lowest level in six months due to renewed trade tensions between the United States and China New Zealands largest trading partner. Amid these developments, investors are betting...
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Sector Update: Energy
Sector Update: Energy
Sep 13, 2024
03:18 PM EDT, 09/12/2024 (MT Newswires) -- Energy stocks were rising late Thursday afternoon, with the NYSE Energy Sector Index adding 0.7% and the Energy Select Sector SPDR Fund (XLE) up 0.9%. The Philadelphia Oil Service Sector index climbed 1.1%, and the Dow Jones US Utilities index was up 0.2%. The International Energy Agency on Thursday reduced its global oil...
TREASURIES-US yields steady with gradual start to rate cuts in view
TREASURIES-US yields steady with gradual start to rate cuts in view
Sep 13, 2024
(Updates at 1500 ET) By Davide Barbuscia NEW YORK, Sept 12 (Reuters) - U.S. Treasury yields rose on Thursday as economic data did not upend expectations the Federal Reserve will begin a gradual decrease in interest rates next week, and as the European Central Bank cut rates but gave little clarity on future easing. U.S. producer prices increased slightly more...
US STOCKS-Wall St indexes rise as PPI data keeps smaller rate cut in view
US STOCKS-Wall St indexes rise as PPI data keeps smaller rate cut in view
Sep 13, 2024
* August producer prices slightly above estimates * Moderna ( MRNA ) tumbles after dour FY25 revenue forecast * Indexes up: Dow 0.40%, S&P 500 up 0.70%, Nasdaq up 1.04% By Sinéad Carew and Shashwat Chauhan Sept 12 (Reuters) - Wall Street's main indexes rose on Thursday after higher-than-expected producer prices data reinforced expectations for a 25-basis point rate cut...
Sector Update: Tech Stocks Mixed Late Afternoon
Sector Update: Tech Stocks Mixed Late Afternoon
Sep 13, 2024
03:58 PM EDT, 09/12/2024 (MT Newswires) -- Tech stocks were mixed in late Thursday afternoon trading, with the Technology Select Sector SPDR Fund (XLK) rising 0.9% and the SPDR S&P Semiconductor ETF (XSD) shedding 0.8%. The Philadelphia Semiconductor index was down 0.4%. In corporate news, Micron Technology ( MU ) shares were sliding 4% after BNP Paribas Exane downgraded its...
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Telefonica renewed one Huawei 5G contract in Spain until 2030, report says
Telefonica renewed one Huawei 5G contract in Spain until 2030, report says
Aug 21, 2025
MADRID, Aug 21 (Reuters) - Telefonica renewed a contract with Chinese manufacturer Huawei to supply equipment for its 5G mobile core network for retail customers in Spain until 2030, El Pais newspaper reported on Thursday, citing unnamed industry sources. Telefonica renewed that contract in late 2024 and, in early 2025, it awarded to rival manufacturer Nokia a contract for 5G...
Market Chatter: Bank of America Names New Investment Banking Co-Heads
Market Chatter: Bank of America Names New Investment Banking Co-Heads
Aug 21, 2025
07:04 AM EDT, 08/21/2025 (MT Newswires) -- Bank of America ( BAC ) has appointed Faiz Ahmad and Mike Joo as co-heads of global investment banking, Reuters reported Thursday, citing an internal memo. All group heads in the division will report to Ahmad, previously co-head of global capital markets, and Joo, who led North America global corporate and investment banking,...
Walmart hikes annual forecast as low price focus draws shoppers
Walmart hikes annual forecast as low price focus draws shoppers
Aug 21, 2025
(Reuters) -Walmart ( WMT ) on Thursday raised its fiscal year sales and profit forecast, driven by strong demand from shoppers across all income levels, who have turned to the world's largest retailer as they worry about rising costs. The company's results show it has continued to benefit from growing price sensitivity among Americans, with revenue of $177.4 billion in...
Marimaca Copper Executes Option Agreement to Buy Sulfuric Acid Plant
Marimaca Copper Executes Option Agreement to Buy Sulfuric Acid Plant
Aug 21, 2025
07:01 AM EDT, 08/21/2025 (MT Newswires) -- Marimaca Copper ( MARIF ) said Thursday it has recently executed a binding asset purchase option agreement to acquire a used sulfuric acid plant in Chile from CEMIN Holding Minero. A statement noted sulfuric acid is one of the key input costs for the Marimaca Oxide Deposit (MOD), and Marimaca said the ability...
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Hacker Transfers $10M from 2023 Phishing Attack to Tornado Cash: CertiK
Hacker Transfers $10M from 2023 Phishing Attack to Tornado Cash: CertiK
Mar 22, 2024
Phishing scams have wreaked havoc in the digital asset ecosystem and are making a comeback amidst market-wide recovery. These attacks have grown increasingly sophisticated, leading to high-profile crypto investors, whales, and prominent industry figures becoming victims, ultimately resulting in substantial financial losses. In its latest update on March 21st, CertiK identified a deposit of 3,700 ETH into Tornado Cash on...
Bitcoin Struggles at $66K; Ripple’s XRP Defies Bearish Momentum (Market Watch)
Bitcoin Struggles at $66K; Ripple’s XRP Defies Bearish Momentum (Market Watch)
Mar 22, 2024
The cryptocurrency market has failed to recover as swiftly as many expected it to, and Bitcoins price seems to be struggling to break above $66K definitively. Most of the altcoins are also trading in the red, with two notable exceptions. Bitcoin Fails at $66K As seen in the chart below, Bitcoins price was unable to retain its bullish momentum that...
Cardano on the Verge of Achieving a Massive Milestone: ADA Bull Run Imminent?
Cardano on the Verge of Achieving a Massive Milestone: ADA Bull Run Imminent?
Mar 22, 2024
Cardano (ADA) is showing strong growth in smart contract development. Since the beginning of the year, the number of Plutus scripts on the Cardano network, including Plutus V1 and V2, has surged by 171.45%,  At this pace, the Cardano network is adding nearly 500 new smart contracts daily. According to data from Cardano Blockchain Insights, the network has achieved 39,000...
Solana Flips Ethereum: Captures Nearly Half of Global Crypto Investor Interest: Report
Solana Flips Ethereum: Captures Nearly Half of Global Crypto Investor Interest: Report
Mar 22, 2024
Solana (SOL) has become the most popular blockchain ecosystem in 2024, capturing nearly 50% of global crypto investor interest in chain-specific narratives, according to a recent report by crypto data aggregator CoinGecko. The report follows the accelerated resurgence of SOL this year, currently at $177 and getting closer to its 2021 highs. Another reason behind Solana’s massive traction is the...
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