financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
World >
Market >
South African rand lifted by gold as markets reflect on US-China trade tension
South African rand lifted by gold as markets reflect on US-China trade tension
Oct 13, 2025
JOHANNESBURG, Oct 13 (Reuters) - The South African rand was buoyed by record gold prices on Monday as investors opted for the safe-haven metal after U.S. President Donald Trump renewed tariff threats against China. The commodity-backed currency fell about 1.7% after Trump's announcement on Friday, but has tried to pare some of its losses. At 1422 GMT, the rand traded...
US STOCKS-Wall Street advances as Trump cools China rhetoric
US STOCKS-Wall Street advances as Trump cools China rhetoric
Oct 13, 2025
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Indexes up: Dow 1.14%, S&P 500 1.52%, Nasdaq 2.05% * Broadcom ( AVGO ) jumps on OpenAI partnership * JPMorgan ( JPM ) rises after a $1.5 trillion investment plan (Updates after markets open) By Sukriti Gupta and Twesha...
Sector Update: Energy Stocks Edge Higher Premarket Monday
Sector Update: Energy Stocks Edge Higher Premarket Monday
Oct 13, 2025
09:27 AM EDT, 10/13/2025 (MT Newswires) -- Energy stocks were edging higher premarket Monday, with the Energy Select Sector SPDR Fund ( XLE ) advancing by 0.9%. The United States Oil Fund ( USO ) was up 1.3% and the United States Natural Gas Fund ( UNG ) was 2.6% lower. Front-month US West Texas Intermediate crude oil was 1.1%...
US STOCKS SNAPSHOT-Wall Street opens higher after Trump cools rhetoric on China
US STOCKS SNAPSHOT-Wall Street opens higher after Trump cools rhetoric on China
Oct 13, 2025
Oct 13 (Reuters) - Wall Street's main indexes opened higher on Monday following Friday's pullback, as investors returned to risk assets after President Donald Trump's softer tone eased concerns over renewed U.S.-China trade tensions. The Dow Jones Industrial Average rose 218.9 points, or 0.48%, at the open to 45,698.46. The S&P 500 rose 70.0 points, or 1.07%, to 6,622.53​, while...
Environment >
Technology >
Personal Finance >
Politics >
Retail >
Business >
Meta's Instagram down for thousands, Downdetector shows
Meta's Instagram down for thousands, Downdetector shows
Mar 21, 2024
March 21 (Reuters) - Meta Platforms's ( META ) Instagram was down for thousands of users on Thursday, according to outage tracking website Downdetector.com. ...
Hong Kong-listed Samsonite plans dual listing in hunt for investors
Hong Kong-listed Samsonite plans dual listing in hunt for investors
Mar 21, 2024
(Reuters) -Luggage maker Samsonite International ( SMSOF ) on Friday said it plans to pursue a dual listing in addition to its listing on the Hong Kong Stock Exchange to increase the liquidity of its shares and reach investors in more markets. Samsonite ( SMSOF ) did not provide details of the exchanges it is considering for the second listing,...
Ecopetrol's Reficar wins court judgment in long-running dispute with McDermott
Ecopetrol's Reficar wins court judgment in long-running dispute with McDermott
Mar 21, 2024
BOGOTA, March 21 (Reuters) - Colombia's Ecopetrol said on Thursday its Reficar oil refinery was awarded 19.9% of the common capital in U.S. infrastructure firm McDermott in preferential shares by a judge in Amsterdam. The Reficar refinery is located in the Colombian city of Cartagena, and has been the subject of a prolonged international dispute dating back to the facility's...
UN adopts first global artificial intelligence resolution
UN adopts first global artificial intelligence resolution
Mar 21, 2024
(Reuters) -The United Nations General Assembly on Thursday unanimously adopted the first global resolution on artificial intelligence that encourages countries to safeguard human rights, protect personal data, and monitor AI for risks. The nonbinding resolution, proposed by the United States and co-sponsored by China and over 120 other nations, also advocates the strengthening of privacy policies. Today, all 193 members...
Economy >
Cryptocurrency >
UwU Lend Protocol Hit by Another $3.7 Million Hack Amid Ongoing Recovery Efforts
UwU Lend Protocol Hit by Another $3.7 Million Hack Amid Ongoing Recovery Efforts
Jun 13, 2024
The UwU Lend protocol, previously targeted in a nearly $20 million hack on June 10, is facing an ongoing cryptocurrency exploit that has so far resulted in the theft of $3.7 million. This development comes as the protocol has been making efforts to reimburse its users following the $19.3 million June 10 hack. $3.7 Million Hack Cyvers, an on-chain data...
This Popular Meme Coin Receives Further Support From Binance: Details
This Popular Meme Coin Receives Further Support From Binance: Details
Jun 13, 2024
TL;DR Binance expanded its trading options with new pairs, though availability depends on the users region. The exchange will delist several existing pairs on June 14, advising clients to update or cancel their Spot Trading Bots to prevent potential losses. Another Binance Update The worlds leading cryptocurrency exchange continues to expand its list of trading options to respond to recent...
Paxos Reportedly Downsizes Workforce by 20%: Details
Paxos Reportedly Downsizes Workforce by 20%: Details
Jun 13, 2024
Stablecoin issuing company Paxos has laid off 20% of its workforce, decreasing its employee count by 65 individuals, Bloomberg reported Thursday, citing an internal email. According to the report, Paxos’ chief executive officer and co-founder Charles Cascarilla said the reduction in headcount would allow the company to capitalize on future opportunities in the tokenization and stablecoin sectors. Paxos intends to...
How to Make Money With Meme Coins? Novogratz Chips In
How to Make Money With Meme Coins? Novogratz Chips In
Jun 14, 2024
Meme coins have seen spectacular growth this year reaching almost $60 billion amidst the broader market rally. But not everyone is a fan. Many experts and market players have weighed in on how meme coins have overshadowed more legitimate projects in the industry. Even as the industry remains unsure of the latest hype and the flurry of new meme coins...
Forex >
Copyright 2023-2026 - www.financetom.com All Rights Reserved