The Japanese yen rose in Asian trade on Tuesday against a basket of major rivals, resuming gains against the dollar after a short hiatus and hitting a four-week high on strong haven demand amid concerns about US debt levels. Gains are also bolstered by the increasing odds of a Japanese interest rate hike in June in response to mounting inflationary...

The US dollar fell in European trade on Monday against a basket of major rivals, hitting a five-week trough amid concerns about the US debt levels. Now investors await important remarks by several Fed officials as they look for more clues on the odds of multiple Fed rate cuts this year. The Index The dollar index fell 0.4% to 98.69,...

The euro rose in European trade on Tuesday on track for the third straight session against the US dollar, and about to hit a four-week high amid concerns about US financial stability. Recent bullish remarks by European Central Bank President Christine Lagarde provided more positive momentum for the euro, and underscored investor confidence in the EU. The Price The EUR/USD...

The euro rose in European trade on Monday against a basket of major rivals, extending gains for the second straight session against the dollar and hitting a four-week high as US President Donald Trump gave the EU another chance to reach a trade deal. Recent eurozone inflation data led to divisions between European Central Bank policymakers on the decision to...

The CNN Money Fear and Greed index remained in the “Extreme Fear” zone on Friday. U.S. stocks settled higher on Friday, after recording sharp losses earlier during the week. However, major indices recorded losses last week, with the Dow and Nasdaq falling by 0.6% and 0.18%, respectively. On Monday, the Dow dipped 1,000 points, while the S&P 500 dipped around...

NEW YORK, Aug 9 (Reuters) - A week of wild market swings has investors looking ahead to inflation data, corporate earnings and presidential polls for signals that could soothe a recent outbreak of turbulence in U.S. stocks. Following months of placid trading, U.S. stock volatility has surged this month as a run of alarming data coincided with the unwinding of...

* All three major indexes gain for the day * Expedia ( EXPE ) rises after Q2 profit beat * Indexes: Dow up 0.1%, S&P 500 up 0.5%, Nasdaq up 0.5% (Updates to 5:20 p.m. ET) By Caroline Valetkevitch NEW YORK, Aug 9 (Reuters) - The S&P 500 ended higher on Friday and was little changed for the week after...

Aug 12 (Reuters) - Euro zone government bond yields edged higher on Monday after a volatile week of trading on worries around the U.S. economy, as investors awaited U.S. inflation data to gauge the extent of interest rate cuts by the Federal Reserve this year. The German 10-year bond yield, the benchmark for the euro zone bloc, rose 2.5 basis...

Across the recent three months, 10 analysts have shared their insights on Semtech ( SMTC ) , expressing a variety of opinions spanning from bullish to bearish. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish...

(Reuters) -A global trade war, sparked by U.S. President Donald Trump, intensified earlier this month after he announced sweeping tariffs on most U.S. imports, stoking fears of a recession, sending jitters across global financial markets and drawing condemnation from leaders around the world. On April 2, which Trump called Liberation Day, he unveiled his plan to impose a 10% baseline...

02:00 PM EDT, 04/07/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: We cut our price target to $13 from $19, 8.5x our 2026 EPS view, below AMKR's three-year average (~10.3x) and our prior multiple (9x) given increasing tariff-related uncertainty and our...

By Nqobile Dludla JOHANNESBURG (Reuters) - A senior South African lawmaker on Monday accused the communications minister of seeking to erode the country's laws on local ownership to appease foreign businesses looking to work in the country, which include Elon Musk's Starlink. Last year Communications Minister Solly Malatsi said he would issue a policy directive on the recognition of equity...

The government of Prime Minister Sheikh Hasina did not comment if it had blocked Facebook and its messenger, but it has previously used internet shutdowns as a tool to curb the spread of protests.

The union minister said the platforms are required to follow certain due diligence as specified in the Information Technology (Intermediaries Guidelines) Rules, 2011 notified under section 79 of the IT Act, 2000.

Global players such as Facebook and Twitter, as well as domestic platforms such as ShareChat came together to discuss the implications of the new rules on Tuesday, and an extension to comply with the rules was among the issues discussed.

The Delhi High Court (HC) has agreed to hear a plea filed by Foundation for Independent Journalism (FIJ), a non-profit organisation which runs The Wire, challenging the new rules regulating digital news portals. The court said it will hear the parties “at length” on April 16.

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.

The Washington-based IMF said that cost of underestimating inflation’s persistence could be painfully high and result in another painful round of rate hikes that could rob the economy of a large chunk of growth.

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.

ANZ managers have informed their respective teams about the new policy this week in generic emails, reaffirming the bank's expectation that staff devote at least half their working hours in the office each month, afr.com reported.

Founded in 2017 by Jaynti Kanani, Anurag Arjun, Sandeep Nailwal and Mihailo Bjelic as a secondary scaling solution for the Ethereum blockchain, Polygon is building a suite of scaling solutions.

There were several important developments in the startup space during the day on Tuesday. Here’s a wrap of all top startup headlines.

El Salvador and Iceland are hotspots to watch out for as world wakes up to power of cutting-edge geothermal.

The Discovery Fund aims to identify and empower entrepreneurs and early-stage startups to leverage the potential of cryptocurrencies to address real-world problems.