The US dollar was on track Friday to record its worst weekly performance since July, as escalating trade tensions between the United States and China, along with signs of weakness among US regional banks, drove investors toward safe-haven assets such as the Swiss franc and the Japanese yen. Further signs of softness in the US economy have emerged, while the...

The Japanese yen rose in Asian trading on Friday against a basket of major and minor currencies, extending its gains for the fourth consecutive session against the US dollar and reaching its highest level in nearly two weeks. The currency was on track for a weekly gain following hawkish comments from Bank of Japan Governor Kazuo Ueda, which strengthened expectations...

The Australian dollar fell in European trading on Thursday against a basket of global currencies, resuming the losses that had briefly paused against its US counterpart, heading back toward its two-month low as selling pressure returned following gloomy labor market data from Australia. Data showed that the unemployment rate unexpectedly rose in September to its highest level in nearly four...

The euro rose in European trading on Friday against a basket of global currencies, extending its gains for the fourth consecutive session against the US dollar and reaching its highest level in nearly two weeks. It was also on track for its biggest weekly gain in three months, supported by positive political developments in France, the eurozones second-largest economy. Newly...

* Futures up: Dow 0.4%, S&P 500 0.9%, Nasdaq 1.5% * Metsera ( MTSR ) slumps after Pfizer wins bidding war * Health insurers fall after Trump's comments on healthcare funds (Updates prices, analyst comment before markets open) By Twesha Dikshit and Purvi Agarwal Nov 10 (Reuters) - U.S. indexes were poised to open higher on Monday following signs of...

(Reuters) -Wall Street's main indexes opened higher on Monday, with risk sentiment aided by signs of progress in Washington to end a record U.S. government shutdown that has stalled economic data releases and intensified concerns over the state of the economy. The Dow Jones Industrial Average rose 108.0 points, or 0.23%, at the open to 47,095.06. The S&P 500 rose...

ORLANDO, Florida, Nov 10 (Reuters) - The Trump administration scored a surprise win-win this year, as Wall Street boomed while the dollar fizzled. But a repeat next year is unlikely as the root of that sweet spot, dollar hedging, may be missing. A weaker exchange rate is central to President Donald Trump and Treasury Secretary Scott Bessent's vision of restoring...

(Updates to closing prices) By Ateeq Shariff Nov 10 (Reuters) - Most stock markets in the Gulf were subdued on Monday on soft oil prices and disappointing corporate earnings. Saudi Arabia's benchmark index reversed early losses to close flat, with Al Rajhi Bank dropping 1.2%, while Dar Alarkan Real Estate Development Co jumped more than 5%, following a sharp rise...

In the latest quarter, 34 analysts provided ratings for Salesforce ( CRM ) , showcasing a mix of bullish and bearish perspectives. 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 Total Ratings 12 13 9 0...

13 analysts have expressed a variety of opinions on Microchip Technology ( MCHP ) over the past quarter, offering a diverse set of opinions 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...

Qualcomm Inc. ( QCOM ) is reportedly considering a buyout of Intel Corp. ( INTC ) , a move that could significantly diversify Qualcomm’s product offering. However, analysts are warning of potential challenges that could hinder the success of this acquisition. What Happened: Qualcomm’s interest in acquiring Intel ( INTC ) has been met with skepticism from analysts, reported Business...

4 analysts have expressed a variety of opinions on Jamf Holding ( JAMF ) over the past quarter, offering a diverse set of opinions from bullish to bearish. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat...

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.

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

As part of the Yatra, more than 2,500 mobile performing vans and over 200 mobile theatre vans will be pressed into service to cover the 2.55 lakh gram panchayats and clusters in all cities and towns of the country.

The Madhya Pradesh Assembly election exit poll results will be streamed live on all News18 network channels, including CNBCTV18, after 6.30PM on Thursday, November 30.

LONDON, Aug 9 (Reuters) - Goldman Sachs' ( GS ) fund arm will leave investor engagement group Climate Action 100+, a spokesperson told Reuters on Friday, the latest in a string of U.S. companies to exit. We've made investments in our ability to meet the sustainable investing needs of our clients and remain committed to leveraging our global capabilities, the...

Aug 9 (Reuters) - U.S. auto safety regulators said on Friday that it was opening a preliminary evaluation into approximately 332,288 Hyundai SUVs in the United States over a potentially faulty seat belt. The investigation focuses on certain Hyundai Palisade SUVs from model years 2020-2023. Seat belts may inadvertently unlatch and without warning, increasing the risk of injury due to...

09:36 AM EDT, 08/09/2024 (MT Newswires) -- Price: 7.79, Change: -0.70, Percent Change: -8.24 ...

09:33 AM EDT, 08/09/2024 (MT Newswires) -- Millicom International Cellular ( TIGO ) board's independent committee said Friday that the increased offer of Atlas Luxco still significantly undervalues the company and reiterated its recommendation that the shareholders reject the offer and not tender their shares. The committee said it considered Millicom's strong Q2 financial results and sought an updated opinion...

Bitcoin and the rest of the crypto market have staged an impressive recovery following an escalation in tensions between Israel and Iran that rattled the markets across the world. As Bitcoin trades above $107K, new data suggest that the leading crypto asset is approaching a critical juncture as on-chain and macroeconomic signals converge. Market Fundamentals Warn of Possible Correction On...

Crypto prediction market platform Kalshi has raised $185 million in a Series C round led by Paradigm, reaching a $2 billion post-money valuation. “People choose to work at Kalshi not because of the money we’ve raised, but because of our ambition: build the most important financial market on the planet,” said CEO Tarek Mansour, celebrating the news on X. The...

Resupply, a decentralized stablecoin protocol linked to major DeFi players Convex Finance and Yearn Finance, has suffered a $9.5 million exploit. Blockchain security firms, including BlockSec Phalcon and CertiK, sounded the alarm, detailing an attack leveraging exchange rate manipulation in a low-liquidity market. Exploit Details According to Phalcon, the attacker artificially inflated the price of the cvcrvUSD token through targeted...

Bitcoins price has been attempting to break above the $108,000 level on a few occasions throughout the past 48 hours, showcasing the bulls eagerness to explore higher highs. However, the sellers have also been defending the mark vigorously and have so far prevented any upside, but will they prevail? Bitcoin Double Taps $108K As CryptoPotato reported earlier today, the primary cryptocurrency tapped...