The New Zealand dollar fell broadly in Asian markets on Wednesday against a basket of major and minor currencies, extending losses for the second consecutive day against its US counterpart and hitting a four-month low. The decline came amid accelerating open-market selling following the release of the Reserve Bank of New Zealands monetary policy decision. The RBNZ cut interest rates...

The British pound declined in European trading on Wednesday against a basket of major currencies, deepening losses for the third consecutive session against the US dollar and hitting a one-week low. The drop came amid continued strength in the greenback ahead of the annual Jackson Hole Economic Symposium. Expectations for a September rate cut by the Bank of England have...

The Reserve Bank of New Zealand announced its interest rate decision on Wednesday morning at the conclusion of its August 20 meeting, cutting the benchmark rate by 25 basis points to a range of 3.00%, the lowest level since August 2022. The move was in line with market expectations and marked the seventh rate cut since the start of the...

The US dollar held steady on Wednesday as traders awaited Federal Reserve Chair Jerome Powells speech at the annual Jackson Hole symposium later this week, seeking clues about the path of monetary policy. In contrast, the New Zealand dollar fell after the central bank cut its cash rate by a quarter percentage point to 3.0%, and revealed that its board...

TOKYO, Jan 28 (Reuters) - Japanese government bond yields fell on Tuesday, tracking the declines in U.S. Treasury yields overnight and as the Bank of Japan's (BOJ) bond-buying operations saw a firm outcome for the bonds with super-long yields. The 10-year JGB yield fell 1.5 basis points (bps) to 1.2%. The two-year JGB yield fell 1 bp to 0.685% and...

Jan 28 (Reuters) - Australian stocks that are exposed to the artificial intelligence wave fell sharply on Tuesday as investors feared the emergence of a low-cost AI model from Chinese startup DeepSeek would threaten the dominance of current market leaders. Shares of AI software firm Appen ( APPEF ) fell 3.3%, while AI chipmaker Brainchip ( BRCHF ) lost 10.3%...

(Reuters) - Futures tied to the S&P 500 and the Nasdaq were higher on Tuesday after steep losses in the previous session, when the popularity of a low-cost Chinese artificial intelligence model rattled stocks of U.S. companies invested in the technology. Monday's selloff came after Chinese startup DeepSeek launched AI models it says are on a par or better than...

05:09 AM EST, 01/28/2025 (MT Newswires) -- Crude oil prices recovered early on Tuesday though remained near two-week lows amid weak Chinese economic data and the impact of sanctions on the demand outlook. Brent crude gained 0.4% to US$77.39/barrel and West Texas Intermediate crude rose 0.5% to US$73.51/b at last look. China on Monday reported an unexpected drop in manufacturing...

The report said that teams at Meta were discussing whether to show ads in lists of conversations with contacts on the WhatsApp chat screen, but no final decisions had been made, citing people familiar with the matter.

The Lava Blaze Pro 5G will be the successor of the vanilla Lava Blaze 5G, which was launched in November 2022. As per the leaked information, the Lava Blaze Pro 5G is seen to feature a 50MP AI-based triple camera setup along with an LED flash. Read for price.

The Enforcement Directorate (ED) is probing the extensive Mahadev Online Betting scandal, uncovering a novel money laundering method using UPI IDs. The founders, Saurabh Chandrakar and Ravi Uppal, operated a network facilitating illegal betting websites, targeting vulnerable individuals. Large sums flowed through celebrities endorsing the scheme, implicating them in potential proceeds of crime.

The letter led by Foreign Affairs Chair Michael McCaul called on the administration "to strategically bar the import of SMIC-produced semiconductors, particularly those that pose risks to national security, into the United States," and for the administration to "pursue criminal charges against executives from SMIC and Huawei."

Rahul Gandhi earlier rode an autorickshaw in Telangana as he campaigned for the party ahead of the polling. He also interacted with auto drivers, gig workers, and sanitary workers in Jubilee Hills. Priyanka Gandhi and Rahul Gandhi also addressed the public today. 

The state education department made it clear that the total number of holidays proposed for 2024 was 60, the same as the preceding years, which was in accordance with the Right To Education (RTE) Act that postulates a minimum of 220 working days at schools.

Modi led the show for the BJP with 42 public rallies and four big road shows between November 2 and November 27. Shah did an aggressive campaign in the four states as well, notching up 62 rallies and road shows this month.

They were accused of damaging a police vehicle, shouting slogans and rioting while being taken to a stadium under detention for organising a protest at the Income Tax crossroads in the city to support the cause of sanitation workers of the Ahmedabad Municipal Corporation in September 2016.

SAO PAULO, Aug 6 (Reuters) - Brazilian pulpmaker Suzano on Wednesday posted a 5-billion-real ($915.90 million) net profit in the second quarter, reversing the 3.77-billion-real net loss posted a year earlier. Analysts polled by LSEG expected a net profit of 3.97 billion reais. Core earnings, as measured by adjusted earnings before interest, taxes, depreciation and amortization (EBITDA), stood at 6.09...

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,...

TOKYO, Aug 7 (Reuters) - When Japan's SoftBank Group reports earnings on Thursday, its mammoth investments in artificial intelligence companies are set to take the spotlight. Analysts and investors are keen for updates on how they will be financed, the timeline for returns to materialise and whether assets will be sold to fund the new projects. SoftBank has embarked on...

* Uber ( UBER ) outlines three business models for robotaxi strategy * CFO says robotaxi investments will be modest compared to capital returns * Investments expected to pay off, but profitability years away, investors say (Adds background in paragraphs 2, 7 and 9) By Akash Sriram Aug 6 (Reuters) - Uber ( UBER ) is in talks with private...

Speaking at the Wyoming Blockchain Symposium on Wednesday, central bank Governor Christopher Waller said, “the payment system is experiencing what I have called a ‘technology-driven revolution’.” He added that this includes instant payments, digital wallets, mobile payment apps, stablecoins, and other digital assets, and AI. He specifically cited stablecoins, or fiat-pegged crypto assets, as the driver of this fintech revolution....

Rapper Kanye West, now legally known as Ye, has officially stepped into crypto. On Wednesday, the business mogul launched YZY, a Solana-based meme coin that briefly touched a $3 billion market cap within hours of its debut before rapidly shedding value. The launch, billed by Ye himself as the start of “a new economy, built on chain,” comes just months after...

TL;DR Whales added 100M ADA in 24 hours, boosting total holdings to 18.65 billion coins. Analyst Javon Marks sees repeating patterns that could send the asset to $8, a 740% gain. ADA futures funding rate flipped positive, signaling increased bullish positioning despite recent trading volume decline. Whale Accumulation Signals Renewed Interest Cardano (ADA) is showing renewed activity after large investors...

The privately held company has made adjustments to the ETFs it manages, both reducing and adding to specific positions. Falling Prices Ark Invest, the investment management firm with more than $6 billion in assets under management (AUM), reduced the size of its ARKB (ARK 21Shares Bitcoin ETF) by 559.85 BTC, or approximately $64.4 million, as reported by the market watcher...