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...

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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...

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...

Benchmark indices Sensex and Nifty50 started Wednesday's session with sharp losses tracking weakness across global markets.

Indian benchmark indices may open lower on Wednesday as indicated by the SGX Nifty50 futures that were down 0.31 or 55 points percent at 17,675 as of 8:00 am. A largely negative sentiment in the Asian markets may also weigh on Indian equities at open today.

Indian equity benchmarks Sensex and Nifty50 are likely to start the session on a negative note, as suggested by Nifty futures trading on Singapore Exchange.

CLSA is upbeat about the prospects of Bharat Electronics while Jefferies' confidence in the housing cycle is rising with the pick-up in volume and pricing. Here are the top brokerage calls for the day:

* First-quarter GDP forecast to increase at a 2.4% rate * Consumer spending likely to account for much of GDP growth * Core PCE inflation seen rising at a faster 3.4% pace By Lucia Mutikani WASHINGTON, April 25 (Reuters) - U.S. economic growth likely slowed to a still-solid pace in the first quarter while inflation accelerated, reinforcing financial market expectations...

SEOUL, April 25 (Reuters) - South Korea's SK Hynix Inc said it expected a full recovery in memory chips on AI demand, after posting its highest profit in nearly two years on massive sales of its advanced DRAM chips such as high bandwidth memory (HBM) used in generative AI chipsets. The world's second-biggest memory chipmaker and Nvidia ( NVDA )...

BEIJING, April 25 (Reuters) - XPeng ( XPEV ) said on Thursday that the Chinese electric vehicle maker's software and artificial intelligence training upgrades will enter a super fast cycle from May, and that it hoped use of its platform would expand beyond China to Europe and other Asian countries. He Xiaopeng, founder and CEO of the Volkswagen-backed automaker, made...

April 24 (Reuters) - Tyler Technologies ( TYL ) beat Wall Street estimates for first-quarter revenue on Wednesday, helped by strong demand for its information technology services as enterprise clients are moving towards digital solutions. The increase in enterprises and government agencies digitizing their operations and moving data from on-premises to the cloud is helping IT-related service companies like Tyler....

The Karnataka Assembly election results threw up an unexpected suspense on Tuesday, as a simple majority tantalisingly eluded BJP and...

The Madhya Pradesh Assembly election exit poll results will be streamed live on all News18 network channels, including CNBCTV18, after 6.30PM on Thursday, November 30.

Rajasthan Election Exit Poll Results 2023: The exit poll results will be announced on Thursday, November 30, at 6.30 pm after voting in Telangana gets over. Rajasthan is known for its anti-incumbency, with the state swinging between the BJP and Congress in the past elections.

The cases were lodged against Union Minister of State Rajeev Chandrasekhar over his controversial social media posts following the blasts at a convention centre in Kochi during a prayer meeting of Christian religious group Jehovah's Witnesses.

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.

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.

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.

Projected to generate 482 million units in its inaugural year post-commissioning, the cumulative energy generation over a 25-year span is anticipated to reach 12,050 million units. Shares of SJVN Ltd ended at ₹75.17, down by ₹0.50, or 0.66%, on the BSE.

The past ten days or so went quite positively for bitcoin as the asset added almost ten grand within this timeframe, mostly fueled by the US Federal Reserves decision to reduce the key interest rates. However, certain social metrics suggest that the cryptocurrencys run could be over, at least in the short term. FOMO to Halt BTCs Uptrend? It was...

TL;DR Shiba Inu (SHIB) recently hit a three-week high, with some analysts predicting a potential massive bull run, though highly ambitious price targets seem unlikely. Rising social engagement and positive sentiment on platforms like LunarCrush suggest the meme coin may see further gains in the near future. Is SHIB Ready for New Glory Days? The second-biggest meme coin in terms...

Terraform Labs, the company behind TerraUSD (UST) and Luna, has secured court approval to wind down operations in bankruptcy after settling with the United States Securities and Exchange Commission (SEC). According to a Reuters report, the wind-down plan was approved by US Bankruptcy Judge Brendan Shannon, who called it a welcome alternative to further litigation over investors losses. The approval...

German authorities have shut down 47 cryptocurrency exchanges operating in the country for allegedly facilitating large-scale money laundering operations for cybercriminals. According to an official statement by the Frankfurt main prosecutors office, the German office for combating Internet crime, and the federal criminal police office, these exchanges deliberately allowed their users to bypass Know You Customer (KYC) policies. The KYC...