​​​China slowdown weighs on Alibaba ​Alibaba reports earnings on 15 August. It is expected to see earnings per share rise to $2.12 from $1.41 in the previous quarter, while revenue is forecast to rise to $34.71 billion, from $30.92 billion in the final quarter of FY 2024. ​China's economic growth has been sluggish, with GDP rising just 4.7% in the...

Risk Appetite Attempts a Recovery On Monday we witness a very different start to the trading week than we did last week. It would appear that the short-lived panic has subsided to more reasonable levels, with the volatility Index (VIX) declining from 65 to just over 20, ahead of the New York open. The Aussie dollar is often viewed as...

Bitcoin (BTC) Testing Technical Resistance, Gold (XAU) Nudging Higher Bitcoin rally hits moving average resistance.Gold within $60/oz. of posting a fresh all-time high. Recommended by Nick Cawley Building Confidence in Trading For all high importance data releases and events, see the DailyFX Economic Calendar Bitcoin has recovered all this week’s losses and is back at levels seen just before last...

RBA, AUD/USD, GBP/AUD Analysis RBA Governor reiterates versatile approach amid two-sided risksAUD/USD fights back after RBA Governor Bullock highlights inflation worriesGBP/AUD declines after massive spike higher – rate cut bets revised lower Recommended by Richard Snow Get Your Free AUD Forecast RBA Governor Reiterates Versatile Approach Amid Two-Sided Risks RBA Governor Michele Bullock attended a question and answers session in...

03:35 PM EDT, 04/16/2024 (MT Newswires) -- Health care stocks were advancing late Tuesday afternoon, with the NYSE Health Care Index adding 0.3% and the Health Care Select Sector SPDR Fund (XLV) up 0.4%. The iShares Biotechnology ETF (IBB) fell 0.5%. In corporate news, Pacific Biosciences of California ( PACB ) shares plunged 48% after it said Tuesday it expected...

05:21 PM EDT, 04/16/2024 (MT Newswires) -- Tuesday's 2024 budget changes on capital gains will create many winners and losers among Canada's entrepreneurs, according to the Canadian Federation of Independent Business (CFIB). Among highlights, CFIB noted important budget progress in unlocking $2.5 billion in carbon tax rebates for small and medium businesses. 1. Capital Gains Changes a Mixed Bag for...

05:01 PM EDT, 04/16/2024 (MT Newswires) -- US benchmark equity indexes closed mixed Tuesday after Federal Reserve Chair Jerome Powell indicated interest rates may remain elevated for longer than expected amid a lack of further progress on the inflation front so far this year. The S&P 500 fell 0.2% to 5,051.4, while the Nasdaq Composite lost 0.1% to 15,865.3. The...

03:35 PM EDT, 04/16/2024 (MT Newswires) -- Technology stocks were higher late Tuesday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 0.4% and the SPDR S&P Semiconductor ETF (XSD) adding 0.5%. The Philadelphia Semiconductor Index climbed 1.2%. In corporate news, Intel ( INTC ) is set to launch two lower-power models of its Gaudi 3 AI accelerator for...

According to Google, the use of artificial intelligence (AI) by developers to build and offer enhanced user experiences emerged as one of the top innovation trends in apps and games. Several of the local developers on the list have even integrated AI into their offerings.

TikTok, owned by China's ByteDance, has 125 million active monthly users in Indonesia, a country of more than 270 million people. It has been looking to translate the large user base into a major e-commerce revenue source.

The initiative, conducted in collaboration with IIT Bombay and the Department of Consumer Affairs (DoCA), aims to assess the application of large language models (LLM) in enhancing the efficiency of India's consumer grievance redressal system.

Karnataka Chief Minister Siddaramaiah, this policy revision reflects the Karnataka government's commitment to staying ahead of all and fostering growth in this critical sector.

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.

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.

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.

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. 

04:57 PM EDT, 06/27/2025 (MT Newswires) -- Unisys ( UIS ) said late Friday it closed a $700 million private offering of 10.625% senior secured notes due 2031. The company plans to use the net proceeds, along with cash on hand, to fund its tender offer for outstanding 6.875% senior secured notes due 2027, pay related premiums and expenses, partially...

04:58 PM EDT, 06/27/2025 (MT Newswires) -- Strathcona Resources's ( STHRF ) largest sharolder, Waterous Energy Fund Management (WEF Manager), on, Friday said it purchased 21.4-million Strathcona subscription receipts as the company, carrying through on a commitment made when Strathcona last month launched an unsolicited takeover bid for oil-sands producer MEG Energy ( MEGEF ) . Funds controlled by the...

04:59 PM EDT, 06/27/2025 (MT Newswires) -- E-L Financial ( ELFIF ) after trade Friday said it will begin an automatic share repurchase plan on Monday as part of its ongoing share buyback program. The plan allows the company's agent to buy back shares during periods when E-L Financial ( ELFIF ) cannot trade due to blackout periods or insider...

04:53 PM EDT, 06/27/2025 (MT Newswires) -- Huw Owen, SVP & Chief Revenue Officer, on June 25, 2025, sold 15,873 shares in Couchbase ( BASE ) for $385,350. Following the Form 4 filing with the SEC, Owen has control over a total of 377,820 shares of the company, with 377,820 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1845022/000193179925000018/xslF345X05/wk-form4_1751057027.xml ...

Historical Bitcoin market cycles have been closely tied to M2 money supply and expanding liquidity. On Oct. 22, market analyst Michaël van de Poppe delved into data points and correlations with cycle peaks and money supply. He noted that in 2017, the M2 supply continued to expand significantly, and the cycle lasted until the end of the year, with BTC peaking...

The billionaire investor said that “all roads lead to inflation” in an interview with CNBC on Oct. 22. He added that he was long on gold and long on Bitcoin, stating that commodities are so “ridiculously under-owned.” “I probably have some basket of gold, Bitcoin, commodities, and Nasdaq, something like that. And I own zero fixed income. Im long gold, Im...

A sponsored Google ad claiming to promote Sony’s blockchain project, Soneium, has been exposed as a crypto wallet drainer. This incident adds to the growing threat of wallet drainers that have plagued the crypto space. Google Ad Scam Targets Soneium’s Users In a post shared on October 22 via X by blockchain security firm Scam Sniffer, the firm detailed how...

VanEck has introduced staking for its Solana Exchange Traded Note (ETN) in Europe, which currently has assets under management (AUM) totaling $73 million. The Solana ETN, which trades under the ticker VSOL, will now enable investors to benefit from staking rewards that will be accrued and reinvested daily. A Non-Custodial Staking Model The announcement was made by VanEck’s Head of...