financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
Euro hits one-week high ahead of German inflation data
Euro hits one-week high ahead of German inflation data
Oct 30, 2024
Euro rose in European trade on Wednesday on track for the third profit in a row against the US dollar, hitting a week high after data showed Spanish inflation rose past estimates in October, renewing the pressure on the European Central Bank. The odds of a 0.25% ECB interest rate cut in December dipped, with investors now waiting for official...
Aussie skids to 2-1/5 month low as inflation cools
Aussie skids to 2-1/5 month low as inflation cools
Oct 30, 2024
The Australian dollar tumbled in Asian trade on Wednesday to 2-⅕ month lows against the US dollar, sharpening the decline for the fourth straight session after inflation in Australia cooled to three-year lows, reducing the pressure on the Reserve Bank of Australia. The new data boosted the odds of an interest rate cut by the RBA in December, as investors...
Yen skids to three-month trough as Japanese governing coalition loses majority
Yen skids to three-month trough as Japanese governing coalition loses majority
Oct 28, 2024
The Japanese yen skidded in Asian trade on Monday to three-month lows against the US dollar, after the election loss by the current Japanese parliamentary governing coalition, which could impede future interest rate hikes by the Bank of Japan. The yen is also pressured by a surge in US 10-year treasury yields, amid speculation about a cautious stance by the...
Yen skids to three-month low as the gap in treasury yields widens
Yen skids to three-month low as the gap in treasury yields widens
Oct 26, 2024
The yen fell in European trade on Wednesday against a basket of major rivals, sharpening the losses for the third straight session against the US dollar and hitting three-month lows amid concerns about a wider US-Japan gap in government treasury yields. Recent bearish remarks from Japanese officials hurt the odds of a third BOJ interest rate hike this year, while...
World >
Market >
Wall St Week Ahead-Investors eye tariff deadline as US stocks rally
Wall St Week Ahead-Investors eye tariff deadline as US stocks rally
Jul 4, 2025
* Stock rally largely driven by retail investors and share buybacks * Institutional positioning in equities remains underweight * Avoiding a major tariff escalation could help ease near-term market worries * Upcoming economic data and Q2 results key for assessing the U.S. economic outlook By Saqib Iqbal Ahmed NEW YORK, July 4 (Reuters) - Investors will be keeping a close...
Investors eye tariff deadline as US stocks rally
Investors eye tariff deadline as US stocks rally
Jul 4, 2025
NEW YORK (Reuters) -Investors will be keeping a close eye on tariff headlines out of Washington next week, as a temporary suspension of punitive import levies is set to expire. If that Wednesday deadline passes without an increase in trade tensions, it could prove positive for the markets. Negotiators from more than a dozen major U.S. trading partners are rushing...
Japan's 10-year bonds track US Treasury declines after strong jobs data
Japan's 10-year bonds track US Treasury declines after strong jobs data
Jul 3, 2025
TOKYO, July 4 (Reuters) - Japan's 10-year government bonds (JGBs) inched down on Friday, tracking declines in U.S. Treasuries after strong U.S. jobs data bolstered the case for the Federal Reserve to keep interest rates on hold. The 10-year JGB yield rose 0.5 basis point (bp) to 1.445%. Yields move inversely to bond prices. U.S. Treasury yields advanced on Thursday...
Investors eye tariff deadline as US stocks rally
Investors eye tariff deadline as US stocks rally
Jul 4, 2025
NEW YORK (Reuters) -Investors will be keeping a close eye on tariff headlines out of Washington next week, as a temporary suspension of punitive import levies is set to expire. If that Wednesday deadline passes without an increase in trade tensions, it could prove positive for the markets. Negotiators from more than a dozen major U.S. trading partners are rushing...
Environment >
Technology >
Personal Finance >
Politics >
Retail >
Business >
SoundHound AI Acquires Amelia in $80 Million Deal
SoundHound AI Acquires Amelia in $80 Million Deal
Aug 8, 2024
11:05 AM EDT, 08/08/2024 (MT Newswires) -- SoundHound AI ( SOUN ) said Thursday it has acquired artificial intelligence software company Amelia for $80 million in cash and equity, with an assumption of Amelia's debt and future earnout potential tied to revenue milestones. The combined entity holds approximately $160 million in cash and $39 million in debt, SoundHound said. SoundHound...
Origin Agritech Names Cheng Chi Kin as Chief Financial Officer
Origin Agritech Names Cheng Chi Kin as Chief Financial Officer
Aug 8, 2024
11:00 AM EDT, 08/08/2024 (MT Newswires) -- Origin Agritech ( SEED ) said Thursday it has appointed Cheng Chi Kin as chief financial officer, effective immediately. Kin's most recent roles include independent nonexecutive director at Asiasec Properties, Origin Agritech ( SEED ) said. The company's shares were down nearly 4% in recent trading. Price: 2.77, Change: -0.11, Percent Change: -3.82...
Lazard hires Guggenheim banker Haydon for private equity dealmaking, source says
Lazard hires Guggenheim banker Haydon for private equity dealmaking, source says
Aug 8, 2024
Aug 8 (Reuters) - Investment bank Lazard ( LAZ ) has hired Courtney Haydon from Guggenheim Securities as a managing director to help drive dealmaking involving private equity firms and alternative asset managers, a person familiar with the matter said on Thursday. Haydon will join Lazard's ( LAZ ) financial sponsors coverage group in the coming months, the source said,...
Abbott Labs Leaders to Face Some Investor Claims Over Infant Formula
Abbott Labs Leaders to Face Some Investor Claims Over Infant Formula
Aug 8, 2024
11:05 AM EDT, 08/08/2024 (MT Newswires) -- Abbott Laboratories ( ABT ) investors can move ahead with claims that certain company directors and executives breached securities laws and fiduciary duties regarding its infant formula safety, while the remaining claims were dismissed, a federal court ruled Wednesday. At issue is the company's plant in Sturgis, Michigan, that was closed in 2022...
Economy >
Cryptocurrency >
Forex >
Copyright 2023-2026 - www.financetom.com All Rights Reserved