The U.S. dollar rose on Wednesday as investors awaited whether Federal Reserve Chair Jerome Powell would endorse market expectations for a dovish policy path during his press conference later in the day. On Tuesday, the dollar had fallen to a four-year low against the euro, with markets focused on the Fed meeting, where a 25-basis-point rate cut is widely expected....

The Japanese yen rose in the Asian market on Wednesday against a basket of major and minor currencies, extending its gains for the third consecutive day against the U.S. dollar, recording the highest level in two months, supported by the weak performance of the U.S. currency ahead of an expected Federal Reserve decision to cut interest rates by about 25...

Borrowing costs began to ease for some Canadians on Wednesday after the Bank of Canada announced its first interest rate cut since March, lowering its overnight policy rate by 25 basis points, from 2.75% to 2.5%. Commercial lenders, such as private banks, base their own lending rates on the central banks benchmark rate. The Bank of Canada pointed to a...

Federal Reserve officials meet on Tuesday and Wednesday in a pivotal meeting under unprecedented circumstances. It is expected that monetary policymakers, at the conclusion of their two-day meeting on Wednesday, will announce the first interest rate cut since December, in an attempt to support the slowing U.S. labor market, with hopes that the broad tariffs imposed by President Donald Trump...

The Indian market is likely to open lower on Thursday following a weak trend in Asian peers as investors globally kept an eye on Brexit trade talks as well as ongoing negotiations in the US for a coronavirus relief package. At 7:10 am, the SGX Nifty was trading 85.00 points or 85.00 percent lower at 13,480.00, indicating a weak start for the Sensex and Nifty50.

Here's what market gurus and industry veterans make of the near-term as told to CNBC-TV18 on December 9

Pankaj Murarka, founder of Renaissance Investment Managers, on Wednesday said it's seeing a strong resurgence of demand across the world.

The Indian benchmark equity indices, Sensex and Nifty jumped over 1 percent to end at record levels on Wednesday on the back of relentless foreign capital inflows amid positive developments over the coronavirus vaccine. The Sensex ended 494.99 points or 1.09 percent higher at 46,103.50, while the Nifty gained 136.15 points or 1.02 percent to settle at 13,529.10.

Across the recent three months, 4 analysts have shared their insights on ACI Worldwide ( ACIW ) , expressing a variety of opinions spanning from bullish to bearish. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish...

11:10 AM EDT, 03/15/2024 (MT Newswires) -- European equities traded in the US as American depositary receipts were slightly lower Friday morning, falling 0.19% to 1,359.70 on the S&P Europe Select ADR Index. Despite the decline, the index is set to end the week modestly higher. From continental Europe, the gainers were led by biopharmaceutical company Grifols ( GRFS )...

Investors with a lot of money to spend have taken a bearish stance on T-Mobile US ( TMUS ) . And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this...

Across the recent three months, 5 analysts have shared their insights on Canadian Solar ( CSIQ ) , expressing a variety of opinions spanning from bullish to bearish. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent...

Elections to 55 Rajya Sabha seats falling vacant in April will be held on March 26, the Election Commission announced on Tuesday.

In an address at a massive "Namaste Trump" rally at Motera stadium in Ahmedabad, Trump announced that deals to sell state-of-the-art military helicopters and other equipment worth over USD 3 billion will be sealed with India on Tuesday.

At least three leading candidates, Joe Biden, Pete Buttigieg and Mike Bloomberg, reinforced their anti-Sanders rhetoric with paid attack ads for the first time.

Trump and First Lady Melania will be accorded a ceremonial welcome at the forecourt of the Rashtrapati Bhavan.

NEW YORK (Reuters) - The rate of U.S. failed trades stood at 1.90% on Wednesday, a big test day for the recently implemented faster settlement cycle, roughly stable from Friday's number, Depository Trust & Clearing Corporation (DTCC) showed this morning. Market participants were expecting it to increase to 4.1% after T+1 implementation, from 2.9%, according to research firm ValueExchange. On...

01:22 PM EDT, 05/30/2024 (MT Newswires) -- S&P Global Ratings on Wednesday upgraded its issue-level ratings on George Weston (WN.TO) unit Loblaw's ( LBLCF ) unsecured debt to BBB+ from BBB'. Also, the rating agency raised its ratings on various debt issued by Loblaw ( LBLCF ). The bbb+ stand-alone credit profile on Loblaw ( LBLCF ) remains unchanged. The...

01:18 PM EDT, 05/30/2024 (MT Newswires) -- Price: 7.05, Change: +0.14, Percent Change: +1.95 ...

WASHINGTON, May 30 (Reuters) - Boeing's ( BA ) outgoing CEO Dave Calhoun and other senior company officials met with the head of the Federal Aviation Administration for about three hours on Thursday to discuss the planemaker's comprehensive plan to address systemic quality-control issues. Boeing ( BA ) had been directed by FAA Administrator Mike Whitaker in late February to...

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.

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

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

There were several important developments in the startup space during this week. Here are the top stories in the startup...