The euro rose in European trade on Thursday against a basket of major rivals after a wave of losses across three sessions, with the euro eventually settling above 3-⅕ month lows against the US dollar. It comes ahead of major data on the eurozone sectors later today, which would shed important light on the health of the European economy in...

Aussie Inflation Data Remains Mixed as Electricity Rebate Artificially Lowers CPI Australian inflation rose at an annual pace of 3.5% in July, down from 3.8% in June according to the Australian Bureau of Statistics. The data point was slightly above the 3.4% estimate and while it looks encouraging at face value, much of the drop was due to rebates for...

The yen fell in European trade on Wednesday against a basket of major rivals, sharpening the losses for the third straight session against the US dollar and hitting three-month lows amid concerns about a wider US-Japan gap in government treasury yields. Recent bearish remarks from Japanese officials hurt the odds of a third BOJ interest rate hike this year, while...

Japanese Yen (USD/JPY) Analysis BoJ encouraged to stick to the plan as inflation continues above targetJapanese CPI remains at 2.8% - the same as last month and beats estimate of 2.7%USD/JPY gains prove short-lived ahead of Powell’s address at Jackson Hole BoJ Encouraged to Stick to the Plan as Inflation Continues above Target The Japanese currency strengthened, with the Yen...

Nifty IT index is under pressure today on the back of sharp appreciation of rupee. The rupee weakened by 11 paise to end 71.34 against the US dollar on Monday amid firming crude oil prices and persistent foreign fund outflows.

Global steel giant ArcelorMittal on Tuesday said it has repurchased four million shares worth $89 million under its share buyback programme.

Shares of Emami Ltd rose by 11.27 percent in trade on NSE today. This was on the back of promoters selling a 10 percent stake in a block deal for about Rs 1,600 crore. 

Palladium scaled a record peak to within striking distance of the $1,500 level on Tuesday fueled by a sharp supply deficit, widening its lead over gold by more than $150, even as bullion hit a 10-month high on a weaker dollar and global growth jitters.

Financial giants have made a conspicuous bullish move on ASML Holding ( ASML ). Our analysis of options history for ASML Holding ( ASML ) revealed 19 unusual trades. Delving into the details, we found 47% of traders were bullish, while 42% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $254,980,...

(Reuters) -The U.S. Supreme Court's current term includes cases involving guns, gender-affirming medical care for transgender minors, online pornography, religious rights, TikTok, preventive healthcare, Planned Parenthood funding, job discrimination, federal regulatory powers on nuclear waste storage and vape products, voting rights and more. Here is a look at some of the cases already decided and still to be decided by...

Financial giants have made a conspicuous bearish move on Lam Research ( LRCX ). Our analysis of options history for Lam Research ( LRCX ) revealed 25 unusual trades. Delving into the details, we found 24% of traders were bullish, while 56% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $273,151,...

(Reuters) - Semiconductor startup Groq said on Monday it has secured a $1.5 billion commitment from Saudi Arabia to expand the delivery of its advanced AI chips to the country. Groq, founded by a former Alphabet engineer, is known for producing AI inference chips that optimize speed and execute commands of pre-trained models. The startup has an existing agreement with...

Greece has repeatedly asked the British Museum to permanently return the 2,500-year-old sculptures that British diplomat Lord Elgin removed from the Parthenon temple in the early 19th century when he was ambassador to the Ottoman Empire.

India-Canada Tension: While BookMyShow's official statement did not explicitly state the reason behind the cancellation, it confirmed that 'singer Shubneet Singh's Still Rollin Tour for India stands cancelled.' It assured all ticket holders that their money would be refunded in 7-10 working days.

Besides Clapton, Alicia Silverstone, Rob Schneider and Woody Harrelson (who later retracted) have publicly supported RFK Jr, who reportedly said COVID-19 may just be 'ethnically targeted.' The virus targets Caucasians and Black people while sparing Ashkenazi Jewish people and Chinese people, he said at a New York dinner.

The investigation moving forward would be the most productive thing that can happen now, according to Blinken's statement.

11:54 AM EDT, 09/24/2024 (MT Newswires) -- CIBC's (CM) CIBC World Markets and CIBC Private Wealth Advisors affiliates as well as Stifel Financial's ( SF ) Stifel Nicolaus unit agreed to pay a combined $47 million to resolve allegations of recordkeeping failures, the US Securities and Exchange Commission said Tuesday. The CIBC affiliates and Stifel Nicolaus agreed to pay $12...

BENGALURU (Reuters) - U.S.-based private equity firm Warburg Pincus's unit sold its entire 8.6% stake in Indian automobile portal CarTrade Tech on Tuesday through a bulk deal worth 3.75 billion rupees ($44.86 million), according to NSE data. As of June 30, Warburg Pincus owned more than 4 million shares in CarTrade through its unit Highdell Investment, making it the company's...

(Reuters) - Elon Musk and X asked a federal judge to dismiss former CNN anchor Don Lemon's lawsuit claiming they defrauded him by canceling a partnership on the social media platform following a contentious interview. In a Monday night filing in San Francisco federal court, Musk said he did nothing wrong by allegedly telling Lemon there was no need to...

11:48 AM EDT, 09/24/2024 (MT Newswires) -- Wave Life Sciences ( WVE ) shares soared 51% in recent Tuesday trading after the company reported positive interim data from a phase 2 trial of WVE-N531 to treat boys with Duchenne muscular dystrophy. Eleven boys amenable to a DMD treatment approach called exon 53 skipping were enrolled in the trial, which showed...

The X account of famous actor Tom Holland, which has over 7 million followers, was recently hacked. The attackers used his platform to promote a fake cryptocurrency and NFT scheme. Fake Spiderverse Partnership with Binance The compromised account was used to announce a partnership with the global crypto exchange Binance, supposedly launching Spiderverse tokens. A link to a fake website...

Bitcoin’s price crashed by over 5% below $60,000 on Wednesday amid a market selloff impacting the broader crypto and stock markets. Bitcoin (BTC) began the day trading for roughly $63,700 per coin. Its price began sinking drastically starting at 1:40 PM UTC, and has plummeted to $59,950 as of 4:45 PM UTC. It trades for $60,475 at press time. Meanwhile,...

Ethena is a synthetic dollar protocol on Ethereum that issues the stablecoin USDe. The asset aims to be a censorship-resistant and scalable form of digital money pegged to the US dollar. On April 16, on-chain analytics firm CryptoQuant took a deep dive into the Ethena ecosystem revealing risks with the latest stablecoin, which has seen its market capitalization grow to...

While crypto has long been highly affected by the broader financial market, the price of Ethereum (ETH) appears especially impacted by its movements. According to recently published data from IntoTheBlock, the correlation between ETH and several traditional market indexes is now far higher than those between its larger rival, Bitcoin (BTC), and the same markets. Bitcoin, Ethereum, and Stocks The...