Swiss Franc rallied in European trade on Thursday, extending gains for the second straight day against the dollar away from seven-month lows and becoming the best performing major currency following Swiss inflation data. The data reignited inflationary pressures on the Swiss National Bank, which might force the central bank to hold off easing policies. The Price USD/CHF fell 0.7% today...

Yen rose in Asian trade on Friday against major rivals, extending gains for the third straight session against the dollar and scaling a three-week high away from recentt 34-year lows amid active short-covering. The yen is heading for the largest weekly profit since November 2022 as Japanese authorities intervened to support the local currency after slumping below the 160 barrier...

Dollar rose in European trade on Thursday against a basket of major rivals, resuming gains after a short hiatus yesterday following a somewhat bearish policy meeting by the Federal Reserve. Dollars gains today remain limited as US 10-year treasury yields lose ground, while investors await more clues on the future of US monetary policies. Investors are particularly waiting for the...

Dollar fell in European trade on Monday against a basket of major rivals, extending losses for the fourth straight session and approaching three-week lows as US 10-year treasury yields declined. Recent disappointing US labor data boosted the odds of two Fed interest rate cuts this year and in turn hurt the standing of the dollar. The odds of US interest...

09:01 AM EDT, 05/05/2025 (MT Newswires) -- US equity futures were falling before Monday's opening bell ahead of the Federal Reserve's meeting to discuss interest rates. Dow Jones Industrial Average futures were 0.6% lower, S&P 500 futures declined 0.8%, and Nasdaq futures were down 1%. The Federal Open Market Committee is scheduled to start its two-day meeting on Tuesday. Oil...

08:59 AM EDT, 05/05/2025 (MT Newswires) -- Health care stocks declined pre-bell Monday as the Health Care Select Sector SPDR Fund (XLV) was 0.4% lower and the iShares Biotechnology ETF (IBB) was down 0.8% recently. Teva Pharmaceutical (TEVA) and Alvotech ( ALVO ) said Selarsdi has been approved by the US Food and Drug Administration as interchangeable with the reference...

08:52 AM EDT, 05/05/2025 (MT Newswires) -- Technology stocks fell pre-bell Monday as the Technology Select Sector SPDR Fund (XLK) was 1% lower and the SPDR S&P Semiconductor ETF (XSD) recently declined by 4%. ON Semiconductor (ON) shares were up over 1% after the company reported lower Q1 non-GAAP earnings and revenue that still topped analysts' expectations. ...

09:06 AM EDT, 05/05/2025 (MT Newswires) -- Energy stocks declined pre-bell Monday with the Energy Select Sector SPDR Fund (XLE) 1% lower recently. The United States Oil Fund (USO) was down 1.9% and the United States Natural Gas Fund (UNG) was 0.4% higher. Front-month US West Texas Intermediate crude oil was down 2.3% at $56.96 per barrel at the New...

(Reuters) - French-Italian computer chip maker STMicroelctronics is considering cuts of up to 6% of its workforce or 3,000 workers in its French and Italian plants as part of a restructuring program, Bloomberg News reported on Friday, citing anonymous sources. A spokesperson for ST could not confirm the figures, but pointed to remarks made at the company's fourth quarter earnings...

...

A new player in the AI arena, DeepSeek, has unveiled an open-source language model, R1, that experts say is a game-changer in efficiency, raising questions about the future of AI development. The DeepSeek Effect Developed for under $6 million, DeepSeek’s R1 has not only outperformed established competitors in several tests but has also called into question the established big-spending approach...

...

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.

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.

A fire that broke out at the waste treatment plant in Kochi on March 2, 2023, continues to spread toxic fumes even after 11 days of the incident. The Kerala government has said that 95 percent of the fire has been extinguished, but the smoke from the landfill has not entirely subsided. 

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.

The airline, which was once considered the pride of Pakistan and was the first international airline to be given access to fly to Beijing, is said to be suffering millions in losses on a daily basis.

Companies are increasingly committing to their own timelines for reducing their emissions, but many acknowledge that their ability to slow planet-warming CO2 emissions is contingent on faster action from governments.

The sanctions are financial penalties meant to block access to funds held in the U.S. and to prevent the people and entities from doing business with American people and firms.

Pfizer announced the deal in March, its largest purchase in a string of recent acquisitions thanks to a once-in-a-lifetime cash windfall from its COVID-19 vaccine and treatment.

MicroStrategy has proposed a new Bitcoin-based strategy for combatting online spam – though Bitcoiners are skeptical as to whether it’s a good idea. During the annual MicroStrategy World conference on Wednesday, the company’s executive chairman Michael Saylor unveiled “MicroStrategy Orange” – an open-source decentralized identity solution built on Bitcoin. What is MicroStrategy Orange? MicroStrategy described their technology as an “enterprise-grade...

TL;DR Chainlinks LINK is poised for a rebound from its current $14 price, indicated by a positive TD Sequential buy signal. Prominent analysts forecast significant returns for the asset, supported by favorable on-chain metrics suggesting a bullish move. LINK Price Predictions Chainlinks native cryptocurrency LINK is yet another digital asset that suffered the negative consequences of the latest market correction....

TL;DR Binance recently expanded its Loan service to include new assets such as Holo (HOT) and Manta Network (MANTA), requiring users to update their app versions to place orders. The prices of these newly added tokens increased following the announcement, possibly driven by the broader recovery in the cryptocurrency market. The Latest Update The worlds largest cryptocurrency exchange launched another upgrade...

TL;DR Shiba Inu experienced a 5% price increase daily, with optimistic forecasts from analysts like Ali Martinez, who predicts a significant upcoming rally due to positive chart patterns. The potential for an uptick is supported by a significant resurgence in SHIBs burning program and ongoing enhancements to Shibarium. Betting on a SHIB Bull Run The cryptocurrency market flashed green today...