The Japanese yen fell in Asian markets on Friday against a basket of major and minor currencies, deepening losses for the third consecutive day against the US dollar and hitting its lowest level in eight weeks. It is heading toward its biggest weekly loss in nearly two and a half months, as selling pressure on the currency continues in the...

The euro rose in the European market on Friday against a basket of global currencies, attempting to recover from a three-week low against the US dollar, supported by notable buying activity from lower levels. Despite this rebound, the single currency is heading toward its first weekly loss in a month, amid growing negative pressure, especially the broad strength of the...

The euro rose in European markets on Monday against a basket of global currencies, extending its rebound for a second straight day from a three-week low against the US dollar, supported by renewed buying at lower levels and a defensive turn in the greenback amid risks of a US government shutdown. Following the latest European Central Bank (ECB) meeting, which...

The dollar held steady against the euro and the British pound on Friday, maintaining strong gains as investors awaited US consumer spending data, after growth figures came in better than expected, reducing expectations for further Federal Reserve easing this year. The euro traded near a three-week low at $1.1669, while the pound stabilized at $1.3347 after hitting its lowest in...

12:56 PM EDT, 06/10/2024 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds, including IWM and IVV, rose Monday. Actively traded Invesco QQQ Trust (QQQ) climbed 0.4%. US benchmark stock indexes were mixed in choppy trading at midday as most government bond yields rose ahead of the latest reads on inflation and monetary policy. Energy iShares US Energy ETF (IYE)...

01:43 PM EDT, 06/10/2024 (MT Newswires) -- Kwesst Micro Systems ( KWE ) said Monday it received a sub-contract valued at up to 48 million Canadian dollars ($34.8 million) from Thales Canada to deliver software services to support the Canadian Army's digital modernization efforts. Shares surged 122% as intraday trading volume catapulted to more than 257 million from a daily...

12:27 PM EDT, 06/10/2024 (MT Newswires) -- US benchmark stock indexes were mixed in choppy trading at midday on Monday as most government bond yields kicked off the week on a higher note ahead of the latest reads on inflation and monetary policy. The Nasdaq Composite climbed 0.3% to 17,190.2, with the S&P 500 up 0.1% to 5,354.1. The Dow...

Most US stock indices fell mildly on Monday as markets await important events this week. They include the Federal Reserves policy meeting this week, expected to maintain interest rates unchanged, with Fed Chair Jerome Powell talking later about the future of policies. Markets also await US consumer prices data later this week, in addition to producer prices data. On trading,...

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.

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.

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.

What do startups want from the next government? CNBC-TV18's Mugdha Variyar speaks to several entrepreneurs in Bengaluru, India's capital for...

The scheme has been ensuring food grain at subsidised rate every month for over 80 crore of beneficiaries under the Pradhan Mantri Garib Kalyan Anna Yojana (PM-GKAY) since its launch in April 2020.

At an election rally in Rajasthan’s Udaipur on Tuesday, senior Congress leader Rahul Gandhi described the caste census as an X-ray of the country and pledged that the party will undertake it both in the state and the centre, if voted to power.

The top court has observed that, according to the law, the Centre should let the chief secretary retire and then make an appointment. The bench, headed by Chief Justice of India D.Y. Chandrachud, also asked the Centre and lieutenant governor of Delhi to share new candidates’ names.

Deep-pocketed investors have adopted a bullish approach towards Eaton Corp ( ETN ) , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in ETN usually suggests something big is about to happen. We gleaned this information...

03:13 PM EST, 02/13/2025 (MT Newswires) -- Christopher J Kempczinski, Director, Chairman and CEO, on February 11, 2025, sold 10,500 shares in Mcdonalds ( MCD ) for $3,255,525. Following the Form 4 filing with the SEC, Kempczinski has control over a total of 32,756 common shares of the company, with 32,756 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/63908/000156761925000151/xslF345X05/form4.xml Price: 311.12, Change:...

(Reuters) - The mid-sized coffee merchant Central do Cafe in Brazil's Minas Gerais state suspended operations temporarily starting this week, seeking to renegotiate its debts, according to a note shared by farmers on Thursday and local media. The shortage in global coffee supplies had sent prices soaring to record highs. Some merchants and commodities traders have felt the strain. They...

MEXICO CITY, Feb 13 (Reuters) - Walmart's ( WMT ) Mexico and Central America unit reported a 1.4% bump in its fourth-quarter net profit on Thursday, coming in at 15.2 billion pesos. Net sales for the quarter were up 8.3% from the previous year to reach 272.88 billion pesos. ...

The layer-2 ecosystem remains robust with protocols and EVM (Ethereum Virtual Machine) scaling platforms growing rapidly and becoming ubiquitous, contrary to some bearish claims, said Ethereum community member Ryan Berckmans in a post on X on June 26. His comments came in response to a post from Movement Labs founder Rushi Manche, who said, “EVM L2s will go to zero....

After a bearish correction phase, the price has now reached a crucial support zone, defined by the 100-day moving average and the 0.5-0.618 Fibonacci levels. Given the strong demand at this juncture, a mid-term bullish rebound is looking likely. Technical Analysis By Shayan The Daily Chart A detailed examination of the daily chart reveals that Ethereum has entered a significant...

The largest United States cryptocurrency exchange, Coinbase, has filed lawsuits against the Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC) for failing to comply with information requests in closed crypto cases. According to filings at the United States District Court for the District of Columbia, Coinbase seeks to compel the SEC and FDIC to comply with...

Cryptocurrency-based exchange-traded funds continue to be on the main stage in the US, with the latest filing from VanEck taking into account the fifth-largest digital asset Solana. Shortly after the news broke, the native tokens price shot up by 7% to $150. Matthew Sigel, the companys Head of Digital Assets Research, highlighted the development on X. He noted that the...