The Japanese yen skidded in Asian trade on Monday to three-month lows against the US dollar, after the election loss by the current Japanese parliamentary governing coalition, which could impede future interest rate hikes by the Bank of Japan. The yen is also pressured by a surge in US 10-year treasury yields, amid speculation about a cautious stance by the...

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...

The Australian dollar tumbled in Asian trade on Wednesday to 2-⅕ month lows against the US dollar, sharpening the decline for the fourth straight session after inflation in Australia cooled to three-year lows, reducing the pressure on the Reserve Bank of Australia. The new data boosted the odds of an interest rate cut by the RBA in December, as investors...

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...

The Nasdaq 100 closed lower by over 100 points on Wednesday. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company's prospects or that they view the stock as being overpriced. Insider sales should not be taken as the only indicator for making an...

08:26 AM EDT, 05/30/2024 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was down 0.4% and the actively traded Invesco QQQ Trust (QQQ) was 0.2% lower in Thursday's premarket activity, ahead of key inflation reports. US stock futures were also lower, with S&P 500 Index futures down 0.4%, Dow Jones Industrial Average...

08:31 AM EDT, 05/30/2024 (MT Newswires) -- Energy stocks were falling premarket Thursday, with the Energy Select Sector SPDR Fund (XLE) declining 0.1%. The United States Oil Fund (USO) was 0.2% lower, and the United States Natural Gas Fund (UNG) retreated 1.1%. Front-month US West Texas Intermediate crude oil was down 0.4% at $78.92 per barrel at the New York...

08:21 AM EDT, 05/30/2024 (MT Newswires) -- Health care stocks were mixed pre-bell Thursday, with the Health Care Select Sector SPDR Fund (XLV) up 0.1% and the iShares Biotechnology ETF (IBB) declining 0.1%. Sarepta Therapeutics ( SRPT ) shares rose 5% premarket after S&P Dow Jones Indices said late Wednesday the company will replace Shockwave Medical ( SWAV ) in...

SEOUL (Reuters) -South Korea's SK Hynix on Thursday posted a record quarterly profit as the Nvidia supplier saw strong sales of its advanced chips such as high bandwidth memory (HBM) ones used in generative AI chipsets. The world's second-biggest memory chipmaker reported a 7 trillion won ($5.07 billion) operating profit for the July-September quarter versus a 1.8 trillion won loss...

SEOUL (Reuters) -South Korea's SK Hynix ( HXSCF ) on Thursday posted a record quarterly profit as the Nvidia ( NVDA ) supplier saw strong sales of its advanced chips such as high bandwidth memory (HBM) ones used in generative AI chipsets. The world's second-biggest memory chipmaker reported a 7 trillion won ($5.07 billion) operating profit for the July-September quarter...

(Corrects paragraph 1 of Oct. 29 story to say $5 billion AI chip sales forecast is for 2024, not 2025) By Arsheeya Bajwa and Max A. Cherney (Reuters) -Advanced Micro Devices on Tuesday forecast fourth-quarter revenue just shy of estimates and raised its artificial intelligence chip sales forecast to $5 billion for 2024 - not enough to impress investors. AMD...

Oct 30 (Reuters) - Google Cloud, a unit of Alphabet Inc ( GOOG ) , said on Wednesday that Spotify Technology ( SPOT ) and Paramount Global ( PARAA ) are using a new chip that it designed with technology from Arm Holdings to power their streaming services. Google has made the new Axion chip, a central processing unit, or...

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

A senior leader who attended the meeting said Venugopal asked state leaders to support state Congress chief Ashok Chavan and warned that party president Rahul Gandhi will not tolerate any indiscipline.

Rajasthan Election Exit Poll Results 2023: The exit poll results will be announced on Thursday, November 30, at 6.30 pm after voting in Telangana gets over. Rajasthan is known for its anti-incumbency, with the state swinging between the BJP and Congress in the past elections.

From the m-cap of BSE-listed companies crossing the $4 Tn mark to the most memorable quotes by Charlie Munger,  here's a rundown of 11 significant news stories to keep you in the know:

Born in 1924, Munger would have turned 100 on New Year's day.

John Boumphrey, Amazon's UK Country Manager, told reporters that in the UK alone the online retail giant last year sold more than 4 million used or refurbished products at a discount.

The Australia-India Economic Cooperation and Trade Agreement (AI-ECTA) entered into force on December 29, 2022. Since the agreement, it has already seen a reduction in tariff on Australian wine bottles costing over $5 per bottle. The tariff was as high as 150%. In next eight years, the tariff will decline further.

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.

Shark Tank star and Canadian millionaire Kevin O’Leary, who has always been bullish on Bitcoin, expressed how the adoption of green energy by mining companies could reduce fossil fuel usage and trigger a wider acceptance of sustainable energy

El Salvador and Iceland are hotspots to watch out for as world wakes up to power of cutting-edge geothermal.

The bitcoin mine would use solar and storage technology from Tesla and be entirely run on renewable energy