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 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...

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The Australian dollar rose in Asian trade on Wednesday against a basket of major rivals, expanding gains for the second straight session against the US dollar and hitting a week high, while approaching five-week highs following strong Australian wages data. The data renewed inflationary pressures on the Reserve Bank of Australias policymakers, which hurt the odds of a rate cut...

04:16 PM EDT, 04/17/2024 (MT Newswires) -- US equity markets ended lower Wednesday as investors weighed quarterly earnings following Federal Reserve Chair Jerome Powell's recent comments on inflation the day before. * The Federal Reserve's Beige Book showed slight or modest economic growth in most of the Fed districts since late February, with only slight increases in consumer spending and...

03:51 PM EDT, 04/17/2024 (MT Newswires) -- Tech stocks fell late Wednesday afternoon, with the Technology Select Sector SPDR Fund (XLK) declining 1.4% and the SPDR S&P Semiconductor ETF (XSD) down 2%. The Philadelphia Semiconductor index tumbled 3.2%. In corporate news, Alphabet's (GOOG) Google ( GOOG ) is laying off more workers and relocating some roles to other offices in...

03:59 PM EDT, 04/17/2024 (MT Newswires) -- Most major digital assets continued their downward slide Wednesday, with bitcoin (BTC-USD) falling to around $61,000 levels. The CoinDesk Market Index, which tracks 187 digital assets, was down 2.1% in the past 24 hours while the Nasdaq 100, the S&P 500, and the Dow Jones Industrial Average declined 1.2%, 0.5% and 0.1%, respectively....

NEW YORK (Reuters) - A stock market correlation index hit a near four-month high on Wednesday, signaling that investors expect stock market gyrations to tick up in coming days. With the S&P 500 slipping 0.58% on Wednesday, down nearly 5% from the record high touched in late March, the Cboe 1-Month Implied Correlation Index rose as high as 21.79, its...

A fresh slate of Ethereum testnets is replacing Holesky, the once-massive staging ground now set for shutdown after two years of service. The wind-down will occur two weeks after the Fusaka upgrade is finalized later this year, at which point client and infrastructure teams will cease providing support. Fusaka is set to make Ethereum rollups cheaper and faster by spreading...

The (AUDUSD) price declined in its last intraday trading, amid the emergence of the negative signals from the (RSI), after reaching overbought levels, in attempt to offload this overbought level condition, gathering its bullish strength that might help it to recover and rise again, amid the dominance of bullish correctional wave on the short-term basis and its trading alongside bias...

MaxLinear ( MXL ) has been analyzed by 8 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total...

The (USDCHF) price rose in its last intraday trading, amid the continuation of the negative pressure that comes from its trading below EMA50, which forms a dynamic resistance that reduces the chances of the pairs recovery, especially with its trading alongside bearish correctional trend line on the short-term basis, besides the emergence of negative overlapping signals on the (RSI), after...

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.

The new bill exempts registered AYUSH practitioners and people accessing codified traditional knowledge, from sharing benefits with local communities or giving prior intimation to state biodiversity boards before accessing biological resources.

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 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.

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.

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.

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.

Susquehanna International Group, a quantitative trading firm, revealed its investments in Bitcoin exchange-traded funds (ETFs) during the first quarter of 2024. According to a 13F-HR filing submitted on May 7, the firm disclosed its ownership of more than $1 billion in exchange-traded funds (ETFs). Susquehannas Crypto Portfolio The filing, submitted to the Securities and Exchange Commission, disclosed Susquehannas ownership of...

TL;DR The SEC has criticized Ripples planned stablecoin, yet to be launched, as an unregistered crypto asset, continuing the longstanding conflict between the two. Due to the regulatory challenges in the US the companys CEO Brad Garlinghouse remains focused on global expansion and establishing XRPs role in the future financial infrastructure. The SEC Fires Shots at Ripple Again Ripples upcoming...

TL;DR An AI-related cryptocurrency has recently excelled in social volume dominance, outperforming its rivals, including the sectors leader. Its value has surged by 435% in the past year, bolstered by major exchange support among other reasons. RNDR Tops the Ranking Artificial Intelligence (AI) and cryptocurrencies related to that evolving technology have been making great strides as of late. One such...

TL;DR The leading token in the real-world asset (RWA) category shows higher development activity compared to its rivals. Despite a recent dip in value, analysts are optimistic about a potential significant price rally for this asset in the near future. This is the Winner Real-world assets (RWA) represent certain physical assets, such as objects, properties, and others, and function on...