The Australian dollar rallied in Asian trade on Monday to a five-month high against the US dollar, expanding gains for the second straight session and on track towards 65 cents. It comes after a historic win by the governing Labor Party, which bolsters the governments position towards growing global trade risks from Trumps tariffs. The Price The AUD/USD price rose...

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...

The Australian dollar rose in Asian trade on Wednesday against the US dollar after a short hiatus yesterday, with the pair heading towards four-month high and about to mark the second monthly profit in a row. Earlier Sydney data showed inflationary pressures remained persistent on monetary policymakers, casting doubts on the odds of an Australian interest rate cut in May....

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...

However, analysts remain cautious over investors’ frenzy over small stocks as majority of them have been reporting losses and are thinly traded on the bourses. Moreover, institutional holdings in these stocks are miniscule, making the exit cumbersome for investors.

Vedanta's parent company faces repayment of notes worth nearly $2 billion in the financial year 2025. Including these bonds, the company is facing debt repayment worth $3.6 billion in the next financial year, according to Kotak Institutional Equities.

Salasar Techno Engineering said that the new galvanisation plant will play a significant role in meeting the growing demand for high-quality galvanised products in various industries, especially for transmission line monopoles and large size structures.

Eicher Motors, Nestle India, Bajaj Auto, Hero MotoCorp and ONGC were among the top gainers on the Nifty, while losers included IndusInd Bank, Tech Mahindra, Cipla, Kotak Mahindra Bank and Adani Enterprises.

High-rolling investors have positioned themselves bullish on GameStop ( GME ) , and it's important for retail traders to take note. This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in GME often signals that someone has privileged information. Today, Benzinga's options...

Financial giants have made a conspicuous bullish move on Intel ( INTC ). Our analysis of options history for Intel ( INTC ) revealed 31 unusual trades. Delving into the details, we found 54% of traders were bullish, while 38% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $257,224, and 25...

(Reuters) -The U.S. Federal Trade Commission is preparing to launch an investigation into anti-competitive practices at Microsoft's ( MSFT ) cloud computing business, the Financial Times reported on Thursday, citing people with direct knowledge of the matter. The regulators are examining allegations that the software giant is potentially abusing its market power in productivity software by imposing punitive licensing terms...

Analysts' ratings for Workday over the last quarter vary from bullish to bearish, as provided by 22 analysts. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 6 10 6 0 0 Last 30D...

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 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.

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.

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. 

TAIPEI, May 14 (Reuters) - Apple ( AAPL ) supplier Foxconn reported on Tuesday a 72% rise in first-quarter profit, boosted by strong demand for computer servers and coming off a low base from the period a year earlier. The Taiwanese company, the world's largest contract electronics maker, said net profit for the January-March quarter rose to T$22.01 billion ($679...

Elon Musk‘s Tesla Inc. ( TSLA ) is likely to experience a significant decline in its stock value, according to a prominent investor. The investor’s prediction is based on the company’s recent developments and its future prospects. What Happened: Danny Moses, a well-known investor and a long-time critic of Tesla, has forecasted a substantial drop in the company’s stock price,...

May 14 (Reuters) - Pennon Group PLC ( PEGRF ): * UK'S CMA - THERE ARE REASONABLE GROUNDS FOR BELIEVING UNDERTAKINGS OFFERED BY PENNON, OR A MODIFIED VERSION , MIGHT BE ACCEPTED BY CMA * UK'S CMA SAYS CMA NOW HAS UNTIL 16 JULY 2024 TO DECIDE WHETHER TO ACCEPT UNDERTAKINGS, WITH POSSIBILITY TO EXTEND THIS TIMEFRAME TO 11 SEPTEMBER...

(Our regular analysis of cryptocurrencies) By Medha Singh May 14 (Reuters) - What's happened to the army of retail traders who used to drive bitcoin's biggest rallies? U.S. crypto exchange Coinbase reported just $56 billion in consumer trading volumes in the first quarter of 2024, when bitcoin leapt to record heights close to $74,000. While that represents a fledgling recovery...

Shark Tank star and Canadian millionaire Kevin O’Leary, who has always been bullish on Bitcoin, expressed how the adoption of green energy by mining companies could reduce fossil fuel usage and trigger a wider acceptance of sustainable energy

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

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

The bitcoin mine would use solar and storage technology from Tesla and be entirely run on renewable energy