The Reserve Bank of New Zealand (RBNZ) announced its interest rate decision on Wednesday morning following its October 8 meeting, cutting the official cash rate by 50 basis points to a range of 2.50% the lowest level since July 2022. The move exceeded market expectations, which had projected a 25-basis-point cut, marking the eighth rate reduction since the central bank...

The US dollar rose against most major currencies on Wednesday, climbing alongside gold in a broad risk-off rally, while both the euro and yen came under pressure. The US government shutdown entered its second week as Republicans and Democrats continued to prioritize potential political gains over resolving the underlying disputes. Some faint calls for renewed negotiations on healthcare-related issues have...

The New Zealand dollar fell broadly on Wednesday against a basket of major and minor currencies, extending its losses for a second consecutive session against the US dollar and hitting a six-month low amid heavy selling pressure following a dovish Reserve Bank of New Zealand (RBNZ) meeting. Defying market expectations, the RBNZ cut interest rates by 50 basis points to...

The US dollar rose against most major currencies during Tuesdays trading as the government shutdown continued and concerns grew over its impact on the economy. The most notable movement at the start of this week was the sharp decline in the Japanese yen, which fell by 1.6% against the dollar on Monday following Takaichis victory. Her unexpected win strengthened expectations...

May 15 (Reuters) - Futures tracking U.S. stock indexes gained on Wednesday after softer-than-expected key inflation data kept alive hopes of interest rate cuts from the Federal Reserve this year. A Labor Department report showed the consumer price index (CPI) rose 0.3% on a monthly basis in April, compared with the 0.4% increase expected by economists polled by Reuters. Annually,...

The Dow Jones index closed higher by over 100 points on Tuesday. When insiders purchase or sell shares, it indicates their confidence or concern around the company’s prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision. Below is a look at a few recent notable insider transactions for penny...

08:50 AM EDT, 05/15/2024 (MT Newswires) -- Technology stocks were advancing pre-bell Wednesday as the Technology Select Sector SPDR Fund (XLK) was up 0.4% and the SPDR S&P Semiconductor ETF (XSD) was 1.2% higher recently. Monday.com ( MNDY ) rose past 19% after it reported higher Q1 non-GAAP earnings and revenue. ...

(Updates at 1238 GMT after US CPI data) By Samuel Indyk and Alun John LONDON, May 15 (Reuters) - Euro zone bond yields dropped on Wednesday after U.S. consumer prices increased by less than expected in April. The U.S. consumer price index rose 0.3% last month after advancing 0.4% in March and February, the Labor Department's Bureau of Labor Statistics...

Advanced Micro Devices stock price (AMD) fell in latest intraday trading after the current resistance of $144.12 held on, with the stock collecting recent profits, while trying to vent off overbought saturation in the Stochastic with negative signals streaming from it, as it also gathers positive momentum to pierce that resistance, amid the dominance of the upward correctional trend in...

Moneros currency price (XMRUSDT) fell in latest intraday trading amig negative signals streaming from the Stochastic after reaching overbought levels, while trying to gather positive momentum to rise anew, amid the dominance of the upward correctional wave in the short term, with support due to trading above the 50-day SMA. Therefore we expect the price to rise in upcoming intraday...

SOL/USD price fell in latest intraday trading while seeking a bottom to bounce it higher and provide positive momentum to recover, with the price leaning on the upward correctional trend line in the short term, while leaning on the support of the 50-day SMA, coupled with positive signals from the Stochastic after reaching oversold levels. Therefore we expect the price...

Arista Networks stock price (ANET) returned higher in latest intraday trading, confirming the breach of the pivotal resistance of $98.80, amid the dominance of the upward correctional trend in the short term, with ongoing positive pressure due to trading above the 50-day SMA, coupled with positive signals from the Stochastic despite reaching overbought levels. Therefore we expect more gains for...

Greece has repeatedly asked the British Museum to permanently return the 2,500-year-old sculptures that British diplomat Lord Elgin removed from the Parthenon temple in the early 19th century when he was ambassador to the Ottoman Empire.

Canadian Prime Minister Justin Trudeau also said on Tuesday (September 19) his government does not seek to 'escalate' tensions with India. This, in the backdrop of the two countries expelling a senior diplomat each.

Besides Clapton, Alicia Silverstone, Rob Schneider and Woody Harrelson (who later retracted) have publicly supported RFK Jr, who reportedly said COVID-19 may just be 'ethnically targeted.' The virus targets Caucasians and Black people while sparing Ashkenazi Jewish people and Chinese people, he said at a New York dinner.

India-Canada Tension: While BookMyShow's official statement did not explicitly state the reason behind the cancellation, it confirmed that 'singer Shubneet Singh's Still Rollin Tour for India stands cancelled.' It assured all ticket holders that their money would be refunded in 7-10 working days.

05:01 AM EST, 02/06/2025 (MT Newswires) -- (Updates with latest stock move in last paragraph.) Phoenix Motor ( PEV ) said Thursday it has launched an initiative to design and develop a fleet of autonomous electric vehicles for the food and beverage delivery industry as part of a partnership with a California food delivery firm. Financial terms were not disclosed....

05:00 AM EST, 02/06/2025 (MT Newswires) -- AstraZeneca ( AZN ) reported Q4 earnings Thursday of $0.97 per share, up from $0.62 a year earlier. Analysts polled by FactSet expected $1.76. Revenue for the quarter ended Dec. 31 was $14.89 billion, compared with $12.02 billion a year earlier. Analysts polled by FactSet expected $14.23 billion. The company said it expected...

By Shankar Ramakrishnan NEW YORK (Reuters) -Banks led by Morgan Stanley have sold $5.5 billion of some $13 billion of debt they lent to support Elon Musk's $44 billion acquisition of Twitter, now called X, in 2022, said a source with knowledge of the deal. The acquisition was funded by a $6.5 billion secured term loan, a $500 million revolving...

By Andrea Shalal WASHINGTON (Reuters) - Jamieson Greer, President Donald Trump's nominee for U.S. trade representative, will argue for a pragmatic U.S. trade policy focused on rebuilding U.S. manufacturing and shoring up supply chains in his Senate confirmation hearing on Thursday. Greer, a trade lawyer and veteran of Trump's first-term trade war against China, will tell members of the Senate...

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.

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

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.

Chingari has raised $19 million to offer cryptocurrency as a means of monetisation for creators and users on its platform.