The US dollar continued its decline against major currencies on Thursday, as growing expectations of interest rate cuts by the Federal Reserve combined with rising concerns over partisan divisions creeping into key American institutions. Initial jobless claims in the US are under scrutiny after last weeks disappointing employment data, which contributed to the dollars weakness. In contrast, the euro found...

The New Zealand dollar strengthened against most major currencies during Wednesday trading following the release of upbeat employment data. Government figures showed that the employment change index in New Zealand declined by 0.1% in the second quarter, in line with expectations. The data also revealed that the unemployment rate in New Zealand rose to 5.2% in Q2, up from 5.1%...

The New Zealand dollar rose on Thursday against most major currencies following the release of economic data. Government data published earlier today showed that New Zealands quarterly inflation expectations for Q3 2025 came in at 2.28%, slightly down from the previous reading of 2.29%. As of 21:00 GMT, the New Zealand dollar climbed 0.5% against the US dollar to trade...

The US dollar remained confined within its recent trading range on Wednesday, as investors chose to stay neutral following another round of weak US economic data and ahead of President Donald Trumps upcoming appointment to the Federal Reserve Board. Trump said on Tuesday that he would decide on a nominee to replace outgoing board member Adriana Kugler by the end...

With U.S. stock futures trading higher this morning on Friday, some of the stocks that may grab investor focus today are as follows: FedEx Corporation ( FDX ) reported better-than-expected earnings for its third quarter and authorized a new $5 billion share repurchase program. FedEx ( FDX ) shares jumped 12.9% to $299.07 in the after-hours trading session. Worthington Steel,...

TOKYO, March 22 (Reuters) - Japan's Nikkei share average hit a record high on Friday, underpinned by the strength on Wall Street overnight and as a weaker yen prompted investors to buy automakers. The Nikkei rose to as high as 41,087.75 earlier in the session, crossing the 41,000 level for the first time. The index ended 0.07% higher at 40,844.53...

03:42 PM EDT, 03/21/2024 (MT Newswires) -- Health care stocks rose late Thursday afternoon with the NYSE Health Care Index adding 0.2% and the Health Care Select Sector SPDR Fund (XLV) rising 0.3%. The iShares Biotechnology ETF (IBB) climbed 0.9%. In corporate news, Eledon Pharmaceuticals ( ELDN ) shares surged 12% after it said its tegoprubart monoclonal antibody was used...

(Updates to closing prices) TOKYO, March 22 (Reuters) - Japan's Nikkei share average closed at an all-time high on Friday, underpinned by record gains on Wall Street overnight and strength in automakers' stocks on a weaker yen. The Nikkei rose 0.18% to end at 40,888.43, after hitting 41,087.75 earlier in the session to break an all-time intraday high. The index,...

Across the recent three months, 12 analysts have shared their insights on Microchip Technology ( MCHP ) , expressing a variety of opinions spanning from bullish to bearish. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a...

Deep-pocketed investors have adopted a bearish approach towards ASML Holding ( ASML ) , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in ASML ( ASML ) usually suggests something big is about to happen. We...

Ahead of Call of Duty: Black Ops 6’s release, Microsoft Corp. ( MSFT )‘s Activision has announced a new anti-cheat initiative aimed at removing cheaters from the game within one hour of their first match. Cheating has been a persistent problem in the Call of Duty series, particularly in the PC version of Warzone. In response, Activision has invested significantly...

Telecommunications company Verizon Communications ( VZ ) is one of several Dow Jones Industrial Average companies reporting financial results during the trading week. Here's a look at the analyst estimates and key items to watch in the earnings report, with Verizon set to report Q3 results before market open Tuesday. Earnings Estimates: Analysts expect Verizon to report third-quarter revenue of...

Russia-Ukraine crisis: The NATO hope clearly is that Russian forces struggle against poor Ukraine that it outmatches overwhelmingly by way of a military arsenal. Russia will not be in a hurry to attack Finland which gave Russian forces more than a fight in 1939, and which showed its unexpected might again during World War II.

In a late-night address to the nation, President Gotabaya Rajapaksa refused to quit, but promised to appoint a new prime minister and a young Cabinet this week which would introduce key constitutional reforms to curb his powers, amid protests over the nation's worst economic crisis that ousted his elder brother Mahinda Rajapaksa.

When asked if the border dispute will figure in the PM level talks, India's foreign secretary said it is being dealt through ‘existing bilateral mechanisms.' Ties between the neighbours came under severe strain after Kathmandu published a new political map in 2020 that showed three Indian territories — Limpiyadhura, Kalapani and Lipulekh — as part of Nepal. 

Uzra Zeya is heading a delegation on an India-Nepal visit between May 17 and 22. The Tibetan advocacy group ICT hoped the visit would translate Joe Biden’s supportive words into action.

The firm and dispatchable renewable energy (FDRE) project, designed with a hybrid of solar, wind, and battery storage, is aimed at providing a stable and dispatchable energy supply during peak hours. Shares of Tata Power Company Ltd ended at ₹270.75, up by ₹12.60, or 4.88%, on the BSE.

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.

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.

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.

South Korean financial authorities Financial Services Commission (FSC) and Financial Supervisory Service (FSS) reported a suspect of price manipulation in the virtual asset market to the prosecution. This marks the first case processed through formal investigation procedures under the newly enforced Virtual Asset Act, effective July 19, 2024. The case followed a structured process. Abnormal transactions were first reported by...

On January 15, the United States Department of Justice (DOJ) announced that BitMEX and its parent company, HDR Global Trading Limited, have been fined $100 million for violating the Bank Secrecy Act (BSA). The court found that the crypto exchange willfully failed to establish adequate anti-money laundering (AML) and know-your-customer (KYC) protocols. BitMEX’s Response In addition to the fine, the...

TL;DR SOL jumped to $216 before settling at $211, with analysts predicting further gains, potentially reaching $1,000 if a Solana ETF is approved. The crypto market revival and rumors of pro-crypto US policies under Trump might be the factors fueling the assets rise. SOL on the Run Solana (SOL) is among the best-performing cryptocurrencies today (January 16). Its price briefly...

Approximately 21,600 Bitcoin options contracts will expire on Friday, Jan. 17, and they have a notional value of around $2.2 billion. This week’s expiry event is slightly larger than last week’s, so it is unlikely to have any major impact on crypto markets. Bitcoin has bounced back from its dip to $90,000 and is trading back in six-figure territory again....