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Aussie moves in a positive zone after inflation data
Aussie moves in a positive zone after inflation data
May 25, 2025
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....
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 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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Top stock tips by Mitessh Thakkar, Sudarshan Sukhani: Asian Paints, Axis Bank, SBI Life and more
Top stock tips by Mitessh Thakkar, Sudarshan Sukhani: Asian Paints, Axis Bank, SBI Life and more
Jun 7, 2022
CNBC-TV18’s in-house panel of experts has picked a list of stocks for investors to buy/sell in trade today.
Top stocks to watch on June 7: Tata Motors, Reliance Industries, Bharti Airtel, Tech Mahindra and more
Top stocks to watch on June 7: Tata Motors, Reliance Industries, Bharti Airtel, Tech Mahindra and more
Jun 6, 2022
Stocks to Watch: Investor sentiment was mixed in the global markets with key indices in the US settling higher and Asian markets witnessing some selling pressure. On Tuesday, SGX Nifty futures fell 0.6 percent to 16,475 as of 6:56 am, hinting at a negative opening for Dalal Street. Shares of Tata Motors, Reliance Industries, Bharti Airtel, Tech Mahindra among a few others will be in focus today. Here are top stocks to watch out for in trade today:
US dollar surprisingly firm even though equities tick higher
US dollar surprisingly firm even though equities tick higher
Jun 7, 2022
Equities were resilient in the US on Monday but drifted down a bit later in the day. The US dollar was firm even when the equities were higher.
MarketBuzz Podcast With Sonia Shenoy: SGX Nifty futures fall 150 pts as inflation fears linger in global markets
MarketBuzz Podcast With Sonia Shenoy: SGX Nifty futures fall 150 pts as inflation fears linger in global markets
Jun 7, 2022
Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to make a gap-down start on Tuesday, amid a mixed trend in global markets as caution persisted on inflation and aggressive hikes in COVID-era interest rates. Singapore Exchange (SGX) Nifty futures — an early indicator of the Nifty index — fell as much as 145.5 points or 0.9 percent to 16,426.5 early on Tuesday, suggesting a gap-down opening ahead on Dalal Street.
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Update: Market Chatter: KKR to Transfer Selecta Group Ownership to Existing Investors in Recapitalization Move
Update: Market Chatter: KKR to Transfer Selecta Group Ownership to Existing Investors in Recapitalization Move
May 25, 2025
01:57 PM EDT, 05/01/2025 (MT Newswires) -- (Updates with Strategic Value Partners declines to comment in the fifth paragraph.) KKR (KKR) will transfer the ownership of Switzerland-based vending machine company Selecta Group to a consortium of the company's existing creditors as part of a recapitalization deal, Bloomberg reported Wednesday, citing people familiar with the matter. The lender group includes Invesco...
American Honda Sales Rise Over 18% in April
American Honda Sales Rise Over 18% in April
May 25, 2025
01:55 PM EDT, 05/01/2025 (MT Newswires) -- Honda Motor ( HMC ) unit American Honda said Thursday its April sales were up 18.1% year over year to 137,656 units. Truck sales rose 26.4% to 100,079 units, and car sales rose 0.4% to 37,577 units, data showed. The company said 41,116 electrified vehicles were sold in April, up 91.9% from a...
Uber teams up with May Mobility to launch robotaxis in U.S. cities
Uber teams up with May Mobility to launch robotaxis in U.S. cities
May 25, 2025
(Reuters) -Uber Technologies ( UBER ) said on Thursday it will partner with self-driving technology startup May Mobility to deploy thousands of self-driving vehicles on its ride-hailing platform across U.S. cities, starting with Arlington, Texas, by late 2025. This adds to Uber's ( UBER ) growing list of partners for self-driving taxi deployment as it competes with Lyft ( LYFT...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
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