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Aussie hits one-week high after strong wages data
Aussie hits one-week high after strong wages data
May 25, 2025
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...
Aussie is worst performing currency after RBA rate cut
Aussie is worst performing currency after RBA rate cut
May 25, 2025
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...
Aussie drops after wages data
Aussie drops after wages data
May 25, 2025
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...
Aussie falls and shrugs off strong employment data
Aussie falls and shrugs off strong employment data
May 25, 2025
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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US Equity Indexes Mixed in Midday Trading
US Equity Indexes Mixed in Midday Trading
Nov 3, 2025
12:15 PM EST, 11/03/2025 (MT Newswires) -- US equity indexes traded mixed, with consumer discretionary and technology emerging as the sole gainers in midday trading on Monday. The Nasdaq Composite rose 0.5% to 23,842.9. The S&P 500 climbed 0.2% to 6,850.5. The Dow Jones Industrial Average, however, fell 0.4% to 47,380.3. All sectors except consumer discretionary and technology fell intraday....
Wall Street opens November slightly higher
Wall Street opens November slightly higher
Nov 3, 2025
Most US stock indexes rose on Monday in the first trading session of November, extending strong weekly and monthly gains. The markets momentum was driven by continued strength in the technology sector, following a wave of robust third-quarter earnings from major companies a reflection of the ongoing artificial intelligence boom. Federal Reserve Board member Steven Miran said that current monetary...
Sector Update: Tech
Sector Update: Tech
Nov 3, 2025
01:02 PM EST, 11/03/2025 (MT Newswires) -- Tech stocks were mixed Monday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 0.6% and the SPDR S&P Semiconductor ETF (XSD) shedding 1%. The Philadelphia Semiconductor index climbed 1.1%. In corporate news, Amazon.com ( AMZN ) secured a $38 billion deal with OpenAI that allows the Microsoft-backed (MSFT) AI research lab...
Sector Update: Health Care
Sector Update: Health Care
Nov 3, 2025
01:18 PM EST, 11/03/2025 (MT Newswires) -- Health care stocks declined Monday afternoon, with the NYSE Health Care Index shedding 0.5% and the Health Care Select Sector SPDR Fund (XLV) easing 0.2%. The iShares Biotechnology ETF (IBB) fell 1.8%. In corporate news, AstraZeneca ( AZN ) shares were falling 0.9% after the company said Monday its shareholders approved a special...
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This sustainable jewellery brand is luring some women away from gold
This sustainable jewellery brand is luring some women away from gold
Oct 30, 2023
Aulerth's offerings range from ₹5,000 to as high as ₹2.8 lakh. Are women willing to spend this much on jewellery made from scrap? Founder and CEO Vivek Ramabhadran definitely believes so. Aulerth produces couture-inspired pieces in association with designers like JJ Valaya, Suneet Varma, among others. It has reported 33% repeat customers in the past year and expects a spike to 40% soon.
Cups are disposable, the environment is not: Starbucks’ green realisation
Cups are disposable, the environment is not: Starbucks’ green realisation
Sep 16, 2023
For the last several years, Starbucks has been testing different kinds of plastics. In 2019, the company went to a straw less lid, eliminating a good amount of plastic. By the end of 2023, the goal is to reduce by 15 percent the amount of material in each cup.
How Zara and H&M are trying to clean up fast fashion's messy carbon footprint — are they serious about it
How Zara and H&M are trying to clean up fast fashion's messy carbon footprint — are they serious about it
Sep 18, 2023
Fast fashion retailer H&M is all set to sell second-hand clothes at its Regent Street flagship store in UK from October — offering items that are 'ready to be loved again.' Zara also recently launched its online second-hand service in France, having trialled it in Britain since November last year. But are these 'green initiatives' for real, or just some more greenwashing? CNBC TV18 gives a macro view.
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Nov 15, 2023
Th Suzlon wind turbines received the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy, marking an important milestone for the successful commercialisation of the product. Shares of Suzlon Energy Ltd ended at ₹40.49, up by ₹1.85, or 4.79%, on the BSE.
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Stablecoin Supply Hits Record $176.2B Amid Market Recovery
Stablecoin Supply Hits Record $176.2B Amid Market Recovery
Nov 19, 2024
The total stablecoin supply reached an all-time high of approximately $176.2 billion. According to data compiled by Token Terminal, stablecoin supply has steadily recovered after a decline from mid-2022 through early 2023, which likely mirrored broader market retracements during the crypto winter. Since then, the aggregated supply has shown consistent growth. Stablecoin Market Cap Growth After Trumps Win While the...
Bitcoin Goes Mainstream, Becomes World’s 7th
Bitcoin Goes Mainstream, Becomes World’s 7th
Nov 19, 2024
Bitcoins (BTC) surge past initial resistance levels to new all-time highs last week led the cryptocurrency to become the worlds seventh-largest asset by market capitalization, a sign that it has gone mainstream. According to a Bitfinex report, BTC is now competing with Apple (AAPL), Microsoft (MSFT), Nvidia (NVDA), Google (GOOG), Amazon (AMZN), and Gold (GOLD). The ascent drove the cryptocurrency...
Bitcoin Price Analysis: Consolidation Nears its End as BTC Prepares for New All
Bitcoin Price Analysis: Consolidation Nears its End as BTC Prepares for New All
Nov 19, 2024
Bitcoin’s price has been consolidating around its all-time high over the last few days following a massive surge of over 30%. As things currently stand, the bull run is seemingly not over yet. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, the asset has been rallying aggressively since breaking above the $74K level. Currently, the...
Bitcoin (BTC) Charts New All
Bitcoin (BTC) Charts New All
Nov 19, 2024
It has taken bitcoin less than seven days to break its all-time high (again) and chart a new one of just shy of $94,000. This has put its market capitalization to around $1.850 trillion, which makes it the seventh-largest asset by that metric in the world. Bitcoin/Price/Chart 19.11.24. Source: TradingView The primary cryptocurrency went on a tear after the United...
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