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US dollar heads for weekly loss amid foggy data phase
US dollar heads for weekly loss amid foggy data phase
Nov 14, 2025
The US dollar headed toward a weekly loss on Friday, as investors trimmed positions while awaiting a clearer assessment of the backlog of US economic data following the governments reopening. Traders sold the US currency despite rising yields and declining expectations of a Federal Reserve rate cut next month. The moves came alongside broad selling in US equities and bonds,...
Yen hovers near nine-month nadir as the GDP shrinks
Yen hovers near nine-month nadir as the GDP shrinks
Nov 16, 2025
The Japanese yen fell in the Asian market on Monday against a basket of major currencies, extending losses for the second straight day against the U.S. dollar and moving closer to touching a nine-month low, after data showed that Japans economy contracted in the third quarter of this year due to U.S. tariffs. The data reinforces Prime Minister Sanae Takaichis...
To what extent is China’s dominance in clean energy reshaping the global energy landscape?
To what extent is China’s dominance in clean energy reshaping the global energy landscape?
Nov 14, 2025
The United Nations annual climate conference, COP30, began on Monday in Brazil, marked by the notable absence of the United States. In an unprecedented political move, Washington sent no high-level representation to the conference, which is considered the largest and most important international event of its kind. The absence comes after the Trump administrations decision to withdraw from the Paris...
Euro about to mark second weekly profit in row
Euro about to mark second weekly profit in row
Nov 14, 2025
The euro rose in European trade on Friday against a basket of major currencies, extending gains for a fourth consecutive session against the US dollar and approaching a two-week high. The single currency is on track to secure a second straight weekly advance, supported by broad weakness in the US dollar amid mounting concerns over an economic slowdown in the...
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Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Alstom says CEO Poupart-Lafarge will not seek another term
Alstom says CEO Poupart-Lafarge will not seek another term
May 26, 2025
May 16 (Reuters) - Alstom's CEO Henri Poupart-Lafarge will not seek a fourth term as head of the French train maker and plans to step down at the end of his current mandate in 2027, the company said on Friday. Alstom, which has struggled to recover from its costly 2021 acquisition of Canadian firm Bombardier's rail business, declined to comment...
Update On Strathcona Resources Q1; Operating Earnings Jump, Increases Quarterly Dividend
Update On Strathcona Resources Q1; Operating Earnings Jump, Increases Quarterly Dividend
May 26, 2025
08:45 AM EDT, 05/16/2025 (MT Newswires) -- (Correcting earlier story to omit reference to Strathcona trying to thwart MEG's agreement from last week to be acquired by Pan American Silver ( PAAS ) , which has bid for MAG Silver and not MEG Energy ( MEGEF ). A corrected version of the story follows). Strathcona Resources ( STHRF ) late...
Sector Update: Consumer
Sector Update: Consumer
May 26, 2025
08:52 AM EDT, 05/16/2025 (MT Newswires) -- Consumer stocks were advancing premarket Friday, with The Consumer Staples Select Sector SPDR Fund (XLP) up 0.2% and The Consumer Discretionary Select Sector SPDR Fund (XLY) 0.5% higher. RLX Technology ( RLX ) shares were up over 3% after the company reported higher Q1 non-GAAP earnings and net revenue. ...
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Tether Rakes in $5.2B in Profit for H1 2024
Tether Rakes in $5.2B in Profit for H1 2024
Aug 1, 2024
The worlds largest stablecoin issuer, Tether, has released its attestation report for the first half of the year, revealing a record $5.2 billion profit. According to an official release from the firm, Tether recorded a net operating profit of $1.3 billion in the second quarter of 2024, and its ownership of United States Treasury bills hit a new all-time high...
Shiba Inu (SHIB) Price Collapse: Here’s How Many HODLers are Underwater
Shiba Inu (SHIB) Price Collapse: Here’s How Many HODLers are Underwater
Aug 2, 2024
TL;DR Shiba Inus price (SHIB) has dropped significantly, with many investors sitting at paper losses. Shibarium, SHIBs layer-2 solution, is showing positive signs of growth, hinting at a potential rebound for the meme coin. SHIB Goes Down The cryptocurrency market has dipped substantially in the past 24 hours, with numerous leading digital assets deep in the red. The popular meme...
These Key Metrics Are Driving DeFi to 2022 Highs
These Key Metrics Are Driving DeFi to 2022 Highs
Aug 1, 2024
The decentralized finance (DeFi) sector is witnessing a resurgence, marked by growth in key metrics such as active loans and total value locked (TVL) from their 2023 lows. DeFi lending, an important component that enables investors to lend their crypto holdings in exchange for interest, is an indicator of DeFi participation and overall market health. Active Loans Hit $13.3 Billion...
Crypto Price Analysis August
Crypto Price Analysis August
Aug 2, 2024
This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Shiba Inu. Ethereum (ETH) With world stock markets in turmoil, volatility also came to crypto. Ethereum could not stop the downtrend and closes the week with a 3% loss. The price also lost its previous support at $$3,300 even if buyers tried to reclaim it. It...
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