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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...
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 drops after wages data
Aussie drops after wages data
May 25, 2025
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...
US dollar approaches three-month high ahead of decisive data
US dollar approaches three-month high ahead of decisive data
Nov 3, 2024
The US dollar rose in European trade on Tuesday against a basket of major rivals, resuming the gains and approaching three-month highs as US 10-year treasury yields rallied. It comes ahead of decisive US data later today, which would provide evidence on upcoming Fed interest rate cuts this year. The Index The dollar index rose 0.1% to 104.37, with a...
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TREASURIES-Longer-dated US yields lower after GDP data
TREASURIES-Longer-dated US yields lower after GDP data
Jul 25, 2024
(Updated at 2:27 p.m. ET/1827 GMT) By Chuck Mikolajczak NEW YORK, July 25 (Reuters) - Longer-dated U.S. Treasury yields were mostly lower on Thursday after a Wednesday tumble in equities helped fuel a safe-haven bid for bonds, while a solid reading on economic growth failed to shift expectations for a rate cut from the Federal Reserve. Yields initially pared declines...
Sector Update: Energy
Sector Update: Energy
Jul 25, 2024
03:26 PM EDT, 07/25/2024 (MT Newswires) -- Energy stocks rose late Thursday afternoon with the NYSE Energy Sector Index adding 1.1% and the Energy Select Sector SPDR Fund (XLE) gaining 1.8%. The Philadelphia Oil Service Sector index jumped 3.9%, while the Dow Jones US Utilities index fell 0.8%. West Texas Intermediate crude oil rose 0.8% to $78.24 a barrel, while...
Equities Rise Intraday as Markets Assess Earnings, GDP Report
Equities Rise Intraday as Markets Assess Earnings, GDP Report
Jul 25, 2024
02:40 PM EDT, 07/25/2024 (MT Newswires) -- US benchmark equity indexes were higher intraday as traders analyzed the latest corporate earnings and official data showing that the economy grew at a stronger-than-projected pace in the second quarter. The Dow Jones Industrial Average was up 0.9% at 40,220.3 after midday Thursday, while the S&P 500 and the Nasdaq Composite rose 0.6%...
Sector Update: Financial
Sector Update: Financial
Jul 25, 2024
03:24 PM EDT, 07/25/2024 (MT Newswires) -- Financial stocks were rising in late Thursday afternoon trading, with the NYSE Financial Index adding 0.3% and the Financial Select Sector SPDR Fund (XLF) up 0.9%. The Philadelphia Housing Index was climbing 2.3%, while the Real Estate Select Sector SPDR Fund (XLRE) was shedding 0.3%. Bitcoin (BTC-USD) was declining 0.8% to $64,821, and...
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Rajasthan: Gehlot government begins Rs 2,500 cr dam project for Sabarmati, Sei rivers ahead of polls
Rajasthan: Gehlot government begins Rs 2,500 cr dam project for Sabarmati, Sei rivers ahead of polls
Mar 1, 2023
On Tuesday, the Gehlot government invited bids for both projects to build the dams within the next four years. The chief minister had announced both projects in last year’s budget.
Brahmapuram waste plant fire: Kerala Assembly witnesses uproarious scenes, LoP says CM running away from issue
Brahmapuram waste plant fire: Kerala Assembly witnesses uproarious scenes, LoP says CM running away from issue
Mar 13, 2023
A fire that broke out at the waste treatment plant in Kochi on March 2, 2023, continues to spread toxic fumes even after 11 days of the incident. The Kerala government has said that 95 percent of the fire has been extinguished, but the smoke from the landfill has not entirely subsided. 
ED attaches over Rs 10-crore assets in resort scam involving ex-Maha minister Anil Parab
ED attaches over Rs 10-crore assets in resort scam involving ex-Maha minister Anil Parab
Jan 4, 2023
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.
What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
Jul 12, 2023
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.
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Stellantis Reportedly to Temporarily Lay Off 900 US Workers After Tariff Rollout
Stellantis Reportedly to Temporarily Lay Off 900 US Workers After Tariff Rollout
Apr 3, 2025
10:05 AM EDT, 04/03/2025 (MT Newswires) -- Stellantis ( STLA ) said Thursday it will temporarily lay off 900 workers at five US facilities following President Trump's announcement of widespread tariffs late Wednesday, according to media reports. The automaker is also temporarily pausing production at assembly plants in Mexico and Canada, the reports said. Stellantis ( STLA ) did not...
World Bank backs Africa digital data push with $100 million Raxio deal
World Bank backs Africa digital data push with $100 million Raxio deal
Apr 3, 2025
* Africa data centre capacity less than 1% of global total * Raxio aims to operate in 10 African countries * Development finance institutions help de-risk early investments (Adds reference to Trump tariffs, story link in paragraph 8) By Colleen Goko LONDON, April 3 (Reuters) - The World Bank's private investment arm is backing the rush into digital data in...
NewGenIvf Group Raises Funding for Growth Plans, Including for Construction of New Fertility Clinic in UAE
NewGenIvf Group Raises Funding for Growth Plans, Including for Construction of New Fertility Clinic in UAE
Apr 3, 2025
10:11 AM EDT, 04/03/2025 (MT Newswires) -- NewGenIvf Group ( NIVF ) said Thursday it has raised $5.2 million in strategic funding through two separate arrangements with an unnamed investor, with the potential to raise a total of up to $30.8 million. The funding is expected to fund growth initiatives for the comprehensive fertility services provider, including construction of a...
Countries need to allow in more US products to bring down tariffs, Lutnick says
Countries need to allow in more US products to bring down tariffs, Lutnick says
Apr 3, 2025
WASHINGTON (Reuters) - The Trump administration is talking to all major trading partners throughout the world about ways to bring down President Donald Trump's new tariffs, Commerce Secretary Howard Lutnick said on Thursday, adding that they will have to change their rules to allow more imports of U.S. products. Lutnick told CNBC television a day after Trump announced a 10%...
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Parity Hacker Returns, Laundering $9M in Ethereum After 7 Years of Inactivity
Parity Hacker Returns, Laundering $9M in Ethereum After 7 Years of Inactivity
May 14, 2024
According to reports from Cyvers Alerts, the hacker who stole 150,000 ETH from the Parity Multisig Wallet version 1.5 in 2017 has resurfaced, moving stolen Ethereum worth $9 million to cryptocurrency exchange eXch. The hacker still has control over 83,017 ETH, amounting to $246.6 million stolen during the 2017 incident. $9M Worth of Ethereum Laundered A post from X by...
Important Shiba Inu Metric Explodes by 2,300% as the SHIB Price Rises: Details
Important Shiba Inu Metric Explodes by 2,300% as the SHIB Price Rises: Details
May 14, 2024
TL;DR Shiba Inu experienced a significant increase in transaction volume and price, supported by improvements in its blockchain technology and increased token burns. SHIBs adoption as a payment method by CoinGate further enhances its utility and exposure in the cryptocurrency market. This SHIB Indicator Took off The second-biggest meme coin in terms of total market capitalization Shiba Inu made the...
Ethereum Products Bleed Funds Amidst Regulators’ Silence on ETF Application
Ethereum Products Bleed Funds Amidst Regulators’ Silence on ETF Application
May 14, 2024
Digital assets investments said the first inflow in five weeks with $130 million of net gains over the past week. Interestingly, the lack of action from US regulators regarding spot Ethereum ETF applications has sparked speculation that approval wont happen soon, and this has resulted in significant outflows for Ethereum in the same timeframe. Investors Brace for Delay in Spot...
Biden Bans Chinese
Biden Bans Chinese
May 14, 2024
United States President Joe Biden has shut down a Chinese-based cryptocurrency mining firm and banned it from acquiring land close to a Wyoming nuclear missile base. According to Biden, the firm was built just a mile from an Air Force base with nuclear-armed intercontinental ballistic missiles, posing a “national security risk.” MineOne Ordered to Shut Down MineOne Partners Ltd., a...
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