The Australian dollar fell against most major rivals on Wednesday following labor data. Australian wages rose 0.9% in the first quarter of the year, above estimates of 0.8%. On trading, the AUD/USD pair rose 0.7% as of 20:56 GMT to 0.6428. Loonie The Canadian dollar fell 0.3% against the greenback as of 20:56 GMT to $0.7155. The US Dollar The...

The Australian dollar tumbled on Tuesday against a basket of major rivals, resuming losses against the US counterpart after a short hiatus and becoming the worst performing G8 currency after the RBAs rate cut. The Reserve Bank of Australia voted to cut interest rates by 25 basis points to 3.85%, the lowest since May 2023, as inflation cooled. The Price...

The Australian dollar fell against most major rivals on Thursday despite strong labor data. Australia's unemployment rate was unchanged in April at 4.1%, same as March, and matching expectations. The Australian economy added 89.0 thousand new jobs in April, easily beating estimates of a 20.9 thousand addition, while March's reading was revised to show the addition of 32.2 thousand jobs...

...

08:57 AM EDT, 06/09/2025 (MT Newswires) -- Financial stocks were advancing premarket Monday, with the Financial Select Sector SPDR Fund (XLF) 0.2% higher recently. The Direxion Daily Financial Bull 3X Shares (FAS) was up 0.6% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.7% lower. Synchrony Financial ( SYF ) was chosen by OnePay, a fintech...

(The opinions expressed here are those of the author, a columnist for Reuters.) By Jamie McGeever ORLANDO, Florida, June 9 (Reuters) - All three major U.S. asset classes - stocks, bonds and the currency - have had a turbulent 2025 thus far, but only one has failed to weather the storm: the dollar. Hedging may be a major reason why....

09:05 AM EDT, 06/09/2025 (MT Newswires) -- Energy stocks were rising pre-bell Monday as the Energy Select Sector SPDR Fund (XLE) was 0.3% higher recently. The United States Oil Fund (USO) was up 0.2% and the United States Natural Gas Fund (UNG) was 2.3% lower. Front-month US West Texas Intermediate crude oil was up 0.6% at $64.95 per barrel at...

09:10 AM EDT, 06/09/2025 (MT Newswires) -- Traders showed cautious optimism pre-bell Monday amid persistent concerns about the impact of the US trade war with China and frayed relations between the federal government and the tech sector following Tesla (TSLA) Chief Executive Elon Musk's public falling out with President Donald Trump. S&P 500 futures were both up around 0.2%, while...

TikTok, owned by China's ByteDance, has 125 million active monthly users in Indonesia, a country of more than 270 million people. It has been looking to translate the large user base into a major e-commerce revenue source.

According to a press release, clusters economically viable for drone use will be identified, with 15,000 women SHGs in selected states receiving Central Financial Assistance covering 80% of drone costs, up to ₹8 lakh.

The initiative, conducted in collaboration with IIT Bombay and the Department of Consumer Affairs (DoCA), aims to assess the application of large language models (LLM) in enhancing the efficiency of India's consumer grievance redressal system.

Over two decades, Google said that it has employed machine learning and AI to enhance products, focusing on language translations, flood forecasts, and agricultural productivity in India.

In this series, we rewind the clock and find out the important events witnessed on the day. From the disastrous Nigerian civil war to the demise of Dhirubhai Ambani, here is a look at the key events that took place on July 6th:

The U.S. Commerce Department action will follow its announcement last month adding five other Chinese entities to the blacklist over forced labor allegations in Xinjiang.

Haiti's President Jovenel Moise was killed and his wife injured in an attack on their home in the nation's capital, Port-au-Prince earlier this week.

Haiti is the world’s first independent republic to be led by coloured (black) people.

07:42 AM EDT, 05/07/2025 (MT Newswires) -- New York Times ( NYT ) reported Q1 adjusted earnings Wednesday of $0.41 per diluted share, up from $0.31 a year earlier. Analysts polled by FactSet expected $0.34. Revenue for the quarter ended March 31 was $635.9 million, compared with $594 million a year earlier. Analysts polled by FactSet expected $635.1 million. ...

May 7 (Reuters) - Trimble beat Wall Street expectations for first-quarter revenue on Wednesday, benefiting from robust demand for its navigation equipment and software services despite economic uncertainty. The demand for Trimble's navigation, mapping, and geospatial services has remained strong amid a volatile economic environment, as these services cater to various industries, including agriculture, architecture, transportation and design. Integrating artificial...

07:42 AM EDT, 05/07/2025 (MT Newswires) -- Rockwell Automation ( ROK ) reported fiscal Q2 adjusted earnings Wednesday of $2.45 per share, down from $2.50 a year earlier. Analysts surveyed by FactSet expected $2.10. Revenue for the quarter ended March 31 was $2 billion, down from $2.13 billion a year earlier. Analysts surveyed by FactSet expected $1.97 billion. The company...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

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...

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...

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 (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...