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 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...

Michelle Cluver, Portfolio Strategist at Global X ETFs, on Friday, said India looks relatively better than China, adding that there is a lot of political overhang within the Chinese market at the moment, which makes it a lot more difficult from an investment standpoint because everything comes down to a policy twist.

In Index-linked gilts, the payouts to bondholders are benchmarked in line with the country's retail price index. This is the second expansion in many days after it increased the limit for its daily gilt purchases on Monday.

Inflation is still going to be the higher priority for Fed as markets expect a 75 basis point hike in rate. But what after the November meeting? Will there be a potential downshift in December, and how much is priced?

Suresh Tantia, Senior Investment Strategist at Credit Suisse, in an interview with CNBC-TV18, hailed the strong fundamentals behind the strength seen in the Indian market but also said that valuations of some of its peers look more attractive.

02:05 PM EDT, 05/13/2025 (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 opinion on shares of CSU to Hold from Buy. However, we also increase our target price to CAD5,519 from CAD5,331 based on a P/E of 77x our...

(Reuters) -The volume of processors Intel ( INTC ) is set to produce for external customers using its upcoming manufacturing technology is currently not significant, finance chief David Zinsner said on Tuesday. Committed volumes, or the amount of external customers' chips set to be produced by Intel ( INTC ) using upcoming manufacturing tech, is presently not significant, Zinsner said...

22 analysts have expressed a variety of opinions on Enphase Energy ( ENPH ) over the past quarter, offering a diverse set of opinions from bullish to bearish. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat...

Wall Street analysts rerated Monday.com ( MNDY ) Ltd on Tuesday after the company reported upbeat first-quarter results on Monday. The company reported a quarterly revenue growth of 30% to $282.3 million, beating the consensus of $275.8 million.  The project management software company’s adjusted EPS of $1.10 beat the analyst consensus estimate of 70 cents. Also Read: Cisco Unveils Quantum Chip And Lab To Push...

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

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.

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.

As part of the Yatra, more than 2,500 mobile performing vans and over 200 mobile theatre vans will be pressed into service to cover the 2.55 lakh gram panchayats and clusters in all cities and towns of the country.

06:56 AM EST, 03/06/2025 (MT Newswires) -- The euro (EUR) has surged higher over the last couple of days, rising back above 1.0800 against the US dollar (USD) ahead of Thursday's European Central Bank policy meeting, said MUFG. The German fiscal package, alongside the European Union's plans to step up defense spending amongst members, have been a game changer for...

06:52 AM EST, 03/06/2025 (MT Newswires) -- Stevanato Group (STVN) reported Q4 adjusted earnings Thursday of 0.19 euros ($0.21) per diluted share, up from 0.18 euros a year earlier. Analysts polled by FactSet expected 0.18 euros. Revenue for the quarter ended Dec. 31 was 330.6 million euros, compared with 320.6 million euros a year earlier. Analysts polled by FactSet expected...

06:56 AM EST, 03/06/2025 (MT Newswires) -- Tesla (TSLA) will build a new Megafactory in Waller County, Texas, following a tax abatement agreement with local authorities, Electrek reported Thursday, citing Waller County Commissioners Court. The report said the facility will focus on manufacturing Megapacks, a battery storage product. Under the agreement, Tesla will receive tax abatements based on property improvements,...

LONDON (Reuters) - Lufthansa and Air France-KLM's results on Thursday showed signs the airlines were on the road to recovery, with strong demand and a brighter outlook for 2025 helping send their shares to the highest levels in years. Strong passenger numbers and lower fuel costs helped the airlines beat analyst expectations in the fourth quarter, after both suffered from...

The Discovery Fund aims to identify and empower entrepreneurs and early-stage startups to leverage the potential of cryptocurrencies to address real-world problems.

Founded in 2017 by Jaynti Kanani, Anurag Arjun, Sandeep Nailwal and Mihailo Bjelic as a secondary scaling solution for the Ethereum blockchain, Polygon is building a suite of scaling solutions.

There were several important developments in the startup space during the day on Tuesday. Here’s a wrap of all top startup headlines.

There were several important developments in the startup space during the day on Monday. Here are the top stories that made headlines in the startup universe.