The British pound rose in European trading on Thursday against a basket of global currencies, extending its gains for the second consecutive session against the US dollar and reaching its highest level in a week, supported by the continued decline of the American currency in the foreign exchange market. Following strong UK wage data, doubts increased over the likelihood of...

The Australian dollar fell in European trading on Thursday against a basket of global currencies, resuming the losses that had briefly paused against its US counterpart, heading back toward its two-month low as selling pressure returned following gloomy labor market data from Australia. Data showed that the unemployment rate unexpectedly rose in September to its highest level in nearly four...

Federal Reserve Chair Jerome Powell said Tuesday that the U.S. labor market remains in a state of stagnation, marked by low hiring and firing rates through September, though the broader economy may be on a somewhat stronger path than previously expected. Powell noted that policymakers will take a meeting-by-meeting approach to any further interest rate cuts, as they try to...

The US dollar fell against a basket of major currencies on Wednesday after remarks by Federal Reserve Chairman Jerome Powell strengthened market expectations for a series of interest rate cuts over the coming months. The Japanese yen and the Australian dollar emerged as the best-performing currencies of the day, both continuing to recover from the sharp declines they recorded against...

The latest analysis and commentary by stock market guru Ashwani Gujral on what is moving the markets today. Check out his top stock recommendations.

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The latest analysis and commentary by stock market guru Prakash Gaba on what is moving the markets today. Check out his top stock recommendations.

The 30-share BSE Sensex slipped 714 points, or 2 percent, to 34,960, while the NSE Nifty50 declined by 205 points, 1.92 percent, to 10,488.

Overview * Richardson Electronics ( RELL ) Q4 FY25 sales rise 9.5% YoY, but miss analysts' expectations * However, adjusted EPS for Q4 FY25 beats estimates * Reports positive operating cash flow for a fifth consecutive quarter Outlook * Company focuses on expanding GES and engineered solutions for growth * Richardson Electronics ( RELL ) focused on driving growth amid...

The (Gold) declined in its last intraday trading, attempting to look for a rising low to take it as a base that might assist it to gain the required positive momentum to recover, amid the continuation of the positive pressure that comes from its trading above EMA50, and under the dominance of the bullish trend and its trading alongside a...

The (crude oil) rose in its last intraday levels, in attempt to recover some of its previous losses, amid its affection by breaking a bullish trend line on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50, reinforcing the bearish track, especially with the emergence of the negative signals on the (RSI). BestTradingSignal.com...

SEOUL (Reuters) -South Korea's SK Hynix ( HXSCF ) posted on Thursday a record quarterly profit, driven by strong demand for advanced chips used in generative artificial intelligence chipsets and as some customers stockpiled semiconductors ahead of potential U.S. tariffs. SK Hynix ( HXSCF ) foresees that increasing competition among big tech companies to enhance inference of AI models would...

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. 

The probe pertains to Dapoli resort, which is allegedly illegal. The former minister and Shiv Sena (Uddhav) leader, Anil Parab, allegedly wangled a permit to use land meant for agricultural use. The ED had started the investigation under the the Prevention of Money Laundering Act (PMLA) after a complaint from the Environment Ministry.

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.

11:22 AM EDT, 07/24/2024 (MT Newswires) -- Price: 124.01, Change: +44.71, Percent Change: +56.38 ...

July 24 (Reuters) - Canada's Imperial Oil ( IMO ) is reducing non-essential staff at the Kearl oil sands site as a precaution against the ongoing wildfires in the country, the company said on Wednesday. There are 430 wildfires in British Columbia with another 172 in Alberta including those near the key oil sands hub of Fort McMurray in northern...

11:25 AM EDT, 07/24/2024 (MT Newswires) -- Deutsche Bank AG ( DB ) slumped almost 9% in US trading Wednesday morning after the lender swung to a its first loss in Q2 in more than four years. For the three months ended June 30, the bank swung to a net loss of 143 million euros ($155 million), or 0.28 euros...

11:19 AM EDT, 07/24/2024 (MT Newswires) -- AMC Entertainment Holdings ( AMC ) said Wednesday it expects to swing to Q2 loss of about 0.10 per diluted share, from earnings of $0.06 a year earlier. Analysts polled by Capital IQ expect a loss of $0.48. Preliminary Q2 revenue for the quarter ended June 30 is estimated at $1.03 billion, compared...

Negotiations between the Justice Department and Binance include the possibility that its founder Changpeng Zhao would face criminal charges in the US under an agreement to resolve the probe into alleged money laundering, bank fraud and sanctions violations, according to the Bloomberg.

Bitcoin prices have typically rallied in the past following halvings. Six months after the first halving in 2012, the price jumped to $126 from $12. After the second halving in 2016, it went to $1,000 from $654 within seven months and in 2020 it shot up to $18,040 from $8,570 in the same time period.

The crypto market is experiencing one of its longest, most bitter winters in recent history. It has caused a massive...

Binance will pay $4.3 billion in one of the largest corporate agreements in US history. Changpeng Zhao will pay a $50 million fine under a deal that requires him to step down as CEO. Zhao pleaded guilty Tuesday to violating the Bank Secrecy Act in federal court in Seattle.