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...

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 rallied in Asian trade on Monday to a five-month high against the US dollar, expanding gains for the second straight session and on track towards 65 cents. It comes after a historic win by the governing Labor Party, which bolsters the governments position towards growing global trade risks from Trumps tariffs. The Price The AUD/USD price rose...

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...

Indian shares are likely to open flat on Tuesday, tracking Asian shares, which were a tad lower as investors refrained from making major bets before December 15 when the next round of US tariffs on Chinese imports is due to take effect. Among brokerages, Kotak upgraded HDFC Bank to 'buy', while Morgan Stanley remained 'underweight' on RBL Bank. Here are the top brokerage calls for Tuesday:

The Indian market is expected to remain cautious on Tuesday, following global markets, which traded lower as investors refrained from making major bets ahead of the next round of US tariffs on Chinese imports.

The Indian market is expected to remain cautious on Tuesday, following global markets, which traded lower as investors refrained from making major bets ahead of the next round of US tariffs on Chinese imports. The market participants also await CPI inflation data, which is due this week. The SGX Nifty, an indicator of the opening for the Nifty and the Sensex, was trading 3 points or 0.03 percent lower at 11,961.50, at 6:55 am, indicating a flat start for the domestic market.

Oil prices fell on Monday after data showed Chinese exports declined for a fourth straight month, sending jitters through a market already concerned about damage to global demand by the trade war between Washington and Beijing.

(Reuters) - Private equity firm Blackstone Inc is bidding C$7 billion ($5.03 billion) for a minority stake in telecom and media company Rogers Communications's cellphone infrastructure business, the Globe and Mail reported on Wednesday. Last week, the Canadian company Rogers announced the deal, which would lessen its debt burdens, but did not disclose the name of the investor. Under the...

(Reuters) -STMicroelectronics, Europe's largest chipmaker by revenue, on Thursday said its full-year revenue would come at the low end of its earlier guidance range, its third cut to the outlook this year. The company, whose clients include Tesla and Apple, said it expected to post annual revenue of $13.27 billion, against its previous forecast of $13.2 billion to $13.7 billion,...

SHENZHEN, China (Reuters) - Former Huawei Technologies unit Honor announced on Thursday it had received an undisclosed investment from partners including China Telecom and a unit of CICC Capital Corp. The Chinese smartphone maker announced last November it was pursuing an initial public offering, without disclosing a location or a timeframe for the listing. ...

TAIPEI (Reuters) -Taiwan shut down ahead of the arrival of strong Typhoon Kong-rey on Thursday with all cities and counties declaring a day off, financial markets closed and domestic flights cancelled for what is expected to be the largest storm by size in 30 years. The storm is forecast to make landfall on the mountainous and sparsely populated east coast...

The new bill exempts registered AYUSH practitioners and people accessing codified traditional knowledge, from sharing benefits with local communities or giving prior intimation to state biodiversity boards before accessing biological resources.

The probe pertains to Dapoli resort, which is allegedly illegal. The former minister and Shiv Sena (Uddhav) leader, Anil Parab, allegedly wangled a permit to use land meant for agricultural use. The ED had started the investigation under the the Prevention of Money Laundering Act (PMLA) after a complaint from the Environment Ministry.

Activists have contended that words like "ecotourism facilities" and "any other purposes" are too vague and may pave the way for widespread exploitation and misuse.

Accusing Kejriwal of being busy with election campaigning in poll-bound states and waking up to the situation late, Minister of State for Consumer Affairs, Food, and Public Distribution, Ashwini Kumar Choubey, said that the Centre had held a meeting with Chief Secretaries and senior officials from four North Indian states on 20th October to discuss measures to reduce air pollution, which he claims weren't adopted by the AAP-led governments.

11:13 AM EDT, 09/05/2024 (MT Newswires) -- Toro (TTC) shares tumbled intraday Thursday after the landscaping equipment maker reported weaker-than-expected fiscal third-quarter results and cut its earnings outlook for the year, pointing to a heightened level of macro uncertainty. Revenue rose to $1.16 billion for the three months ended Aug. 2 from $1.08 billion a year ago but was short...

LONDON, Sept 5 (Reuters) - Kazakhstan's energy ministry has requested shareholders in the giant Kashagan oilfield delay to next year maintenance planned to begin at the site in October, citing gas shortages, trading sources with knowledge of the matter said. The ministry made the request in a letter sent in recent days to partners in the North Caspian Operating Company...

11:13 AM EDT, 09/05/2024 (MT Newswires) -- Apple's ( AAPL ) likely launch of the iPhone 16 lineup at its Glowtime event on Monday could be the beginning of a multiyear upgrade cycle driven by the need for the latest hardware to enable generative artificial intelligence features, BofA Securities said in a note Thursday. The investment bank said it expects...

WASHINGTON, Sept 5 (Reuters) - The U.S. Senate Permanent Subcommittee on Investigations said Thursday it will hold a hearing with four major semiconductor companies on the use American-manufactured semiconductors in Russian weapons deployed in the war in Ukraine. Senator Richard Blumenthal, who chairs the panel, announced the hearing on Tuesday will include testimony from executives from Analog Devices ( ADI...

Ethereum (ETH) has plunged below a key metric known as its realized price, a level that often indicates market capitulation. Observers say this means that ETH is now undervalued, with the asset trading at $1,570, down 16.7% this week and 56.6% in the last 12 months. Why the Realized Price Matters? According to pseudonymous CryptoQuant author “theKriptolik,” the realized price...

President Donald Trump has vowed to increase U.S. tariffs on China beyond 100% within mere hours, prompting BTC and stocks to begin cratering again on Tuesday.  Trump announced plans to impose an additional 50% duty on U.S. imports from China starting Wednesday, in response to Beijing’s retaliatory 34% tariffs on U.S. goods, pushing total U.S. tariffs on Chinese imports to...

After years of trade stability, 2025 has seen a rapid shift. In his early days in office, President Trump quickly enacted wide-ranging import tariffs, which targeted specific countries and sectors, using emergency powers. As such, Binance Researchs latest report notes that if inflation remains high while economic growth slows, the Federal Reserves actions will be critical in shaping market outcomes....

James Murphy, a crypto lawyer, has filed a Freedom of Information Act (FOIA) lawsuit against the US Department of Homeland Security (DHS), demanding the release of documents that could potentially reveal the identity of Bitcoins creator, Satoshi Nakamoto. The lawsuit follows claims made by DHS Special Agent Rana Saoud during a 2019 conference, where she suggested that DHS agents had...