Despite some fluctuations and recurring concerns about oversupply, the global bauxite market continues to grow steadily. Much of this expansion is driven by rising demand in the aluminum sector, particularly from the automotive, aviation, and renewable energy industries. Around 60% of electric vehicle manufacturers and 70% of aerospace materials companies use aluminum in various forms. Moreover, about 85% of bauxite...

The Japanese yen fell in Asian trading on Monday at the start of the week, marking its second straight day of losses against the US dollar, as easing inflationary pressures reduced expectations for an imminent policy shift by the Bank of Japan. With the likelihood of a rate hike in Japan later this month diminishing, investors are awaiting further signals...

The US dollar steadied near its lowest level in several weeks on Tuesday, as investors assessed the likelihood of an imminent interest rate cut, alongside uncertainty over the fate of US tariffs. By 04:39 a.m. Eastern Time (08:39 GMT), the dollar index which measures the performance of the US currency against a basket of major peers rose 0.6% to 98.30,...

The US dollar fell to its lowest level in five weeks on Monday, as investors awaited a series of US labor market data this week that could influence expectations for the Federal Reserves monetary easing path. Traders were also assessing US inflation data released on Friday, a court ruling that deemed most of the tariffs imposed by former President Donald...

01:12 PM EDT, 10/07/2025 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds IWM and IVV declined. Actively traded Invesco QQQ Trust (QQQ) was down 0.5%. US equity indexes fell, with the S&P 500 set for its first drop in eight trading sessions, amid declines in growth sectors such as consumer discretionary, technology, and communication services. Energy iShares US Energy...

11:38 AM EDT, 10/07/2025 (MT Newswires) -- All three major US stock indexes were down in late-morning trading Tuesday, as the ongoing US government shutdown enters its second week. In company news, AppLovin ( APP ) is facing a Securities and Exchange Commission investigation into its data-collection practices, Bloomberg reported Monday, citing people with knowledge of the matter. The SEC...

12:59 PM EDT, 10/07/2025 (MT Newswires) -- Tech stocks were lower Tuesday afternoon, with the Technology Select Sector SPDR Fund (XLK) down 0.8% and the SPDR S&P Semiconductor ETF (XSD) falling 1.6%. The Philadelphia Semiconductor index declined 1.7%. In corporate news, Oracle (ORCL) is seeing thin profit margins in its fast-growing AI cloud server business, according to internal documents cited...

NEW YORK (Reuters) -Federal Reserve Governor Stephen Miran on Tuesday said that the U.S. bond market's current relative calm supports a swift push to lower interest rates. Given that market signals in reaction to Fed policy changes can carry valuable feedback in the wake of a policy change, Miran said I would actually argue that the bond market behavior last...

Investors with a lot of money to spend have taken a bullish stance on Broadcom ( AVGO ) . And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this big...

12:50 PM EDT, 04/01/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: We lower our target price to $982 from $1,242, switching to a P/FCF multiple of 48x our 2025 free cash flow estimate of $4.2B, above its three-year average and peer...

Benzinga's options scanner just detected over 31 options trades for Arista Networks ( ANET ) summing a total amount of $3,256,428. At the same time, our algo caught 22 for a total amount of 2,905,558. Projected Price Targets After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between...

NEW YORK (Reuters) -WNS Holdings ( WNS ), a technology outsourcing services firm with a market value of $2.8 billion, is exploring a sale after attracting acquisition interest from potential suitors including Capgemini, according to people familiar with the matter. WNS, which traces its roots to India, is working with its investment bankers at JPMorgan Chase to evaluate its talks...

The Supreme Court has agreed to hear the plea filed by the Delhi government challenging the Centre's ordinance that grants the Lieutenant Governor power over administrative service postings in the national capital.

Polling was held on Saturday in over 61,000 booths for the three-tier panchayat elections. In several places, ballot boxes were looted, set on fire and thrown in ponds, leading to violence.

The Trinamool Congress (TMC) has announced its candidates for the Rajya Sabha elections in West Bengal, including Derek O'Brien, Sukhendu Sekhar Ray, Dola Sen, Samirul Islam, Prakash Chik Baraik, and Saket Gokhale. The party mentioned the vacant seats due to the end of tenures for certain leaders and the resignation of former Goa chief minister Luizinho Faleiro, with a bypoll scheduled on July 24.

Mizoram government has sought Rs 10 crore from the Centre to provide assistance to people from the neighbouring state, who took shelter in Mizoram due to the ethnic violence in their state. According to the state Home department, a total of 12,344 people from Manipur are currently taking shelter in the state.

(Reuters) - FedEx ( FDX ) shares surged in premarket trading on Friday after the parcel giant beat estimates for quarterly profit and reported a higher operating margin at Express, its largest unit. Shares of the company rose 12.4% to $297.75 before the bell, with rival UPS up 3.5%. FedEx ( FDX ) has taken several measures to protect margins...

05:04 AM EDT, 03/22/2024 (MT Newswires) -- Hutchmed ( HCM ) said late Thursday it has started the registration stage for a phase 2/3 clinical trial of investigational drug sovleplenib for adult patients with warm antibody autoimmune hemolytic anemia in China. The move follows positive data from the proof-of-concept phase 2 stage of the trial and a consultation with the...

HANOI, March 22 (Reuters) - Communist-ruled Vietnam is seeking its third president in little more than a year after the resignation of Vo Van Thuong, who was only elected last year after the sudden dismissal of his predecessor. With accumulated foreign direct investment higher than its gross domestic product, Vietnam's stability is crucial to multinationals with large operations in the...

TOKYO (Reuters) -Japanese firms have agreed to raise pay by 5.25% this year, the biggest rise under comparable data since 2013, the country's largest union group Rengo confirmed on Friday. The results of the closely-watched wage negotiations are announced in several stages, in which the blue-chip firms are first to wrap up their talks in mid-March. The second announcement on...

Crypto exchange-traded fund (ETF) issuer Bitwise predicted that 2025 will usher in the Golden Age of Crypto. In its latest report, Bitwise outlined a stellar 2025 for Bitcoin, Ethereum, and Solana, building on their impressive 2024 performances. Among other things, AI-driven meme coins are also expected to gain traction in the coming year. Bitcoin to $200K and Beyond Bitcoin led...

After a turbulent correction, the cryptocurrency market has found some calm, with prices stabilizing. Meanwhile, the Mean Dollar Invested Age is quietly pointing to heightened network activity, often seen as a precursor to extended bullish trends. Despite a market-wide retracement this week, the Mean Dollar Invested Age (MDIA) an often-overlooked crypto metric signals potential bullish momentum across key assets. Bitcoins...

Ray Dalio, an American investor and founder of the worlds largest hedge fund, Bridgewater Associates, says he is investing in bitcoin (BTC) and gold rather than debt assets. The billionaire, who now serves as Bridgewater Associates investment chief, is more interested in the precious metal and cryptocurrency because they are hard money. On the other hand, debt assets like bonds...

TL;DR XRP briefly crossed $2.40, fueled by optimism around Ripples RLUSD stablecoin approval. Analysts see potential for the asset to hit $8.40 to $48.12, citing strong technical patterns. XRP Outperforms Its Rivals The cryptocurrency market continues to struggle following the latest correction, with many leading digital assets charting minor losses on a daily scale. However, this is not the case...