The Australian dollar rose in Asian trade on Wednesday against a basket of major rivals, expanding gains for the second straight session against the US dollar and hitting a week high, while approaching five-week highs following strong Australian wages data. The data renewed inflationary pressures on the Reserve Bank of Australias policymakers, which hurt the odds of a rate cut...

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The Australian dollar fell against most major rivals on Thursday despite strong labor data. Australia's unemployment rate was unchanged in April at 4.1%, same as March, and matching expectations. The Australian economy added 89.0 thousand new jobs in April, easily beating estimates of a 20.9 thousand addition, while March's reading was revised to show the addition of 32.2 thousand jobs...

The Australian dollar tumbled on Tuesday against a basket of major rivals, resuming losses against the US counterpart after a short hiatus and becoming the worst performing G8 currency after the RBAs rate cut. The Reserve Bank of Australia voted to cut interest rates by 25 basis points to 3.85%, the lowest since May 2023, as inflation cooled. The Price...

09:08 AM EDT, 05/22/2025 (MT Newswires) -- Technology stocks advanced premarket Thursday with the Technology Select Sector SPDR Fund (XLK) up 0.3% and the SPDR S&P Semiconductor ETF ( XSD ) 0.6% higher recently. Analog Devices ( ADI ) shares advanced by over 3% after the company reported higher fiscal Q2 adjusted earnings and revenue. Kanzhun ( BZ ) shares...

08:18 AM EDT, 05/22/2025 (MT Newswires) -- (Adding Q2 adjustments in the fourth to seventh paragraphs inclusive) Toronto Dominion Bank ( MLWIQXX ) (TD.TO, TD), putting behind it a difficult 2024 in which it was investigated for flawed anti-money laundering practice in the U.S., on Thursday kicked off the second-quarter results season for Canada's big banks with a drop in...

09:14 AM EDT, 05/22/2025 (MT Newswires) -- Consumer stocks declined pre-bell Thursday as the Consumer Staples Select Sector SPDR Fund ( XLP ) edged lower and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) fell by 0.3% recently. Urban Outfitters ( URBN ) shares rose past 19% after the company reported higher fiscal Q1 earnings and sales. Walmart...

07:44 AM EDT, 05/22/2025 (MT Newswires) -- US equity benchmarks were mostly pointing higher before the opening bell Thursday as the House of Representatives cleared President Donald Trump's key tax bill. The S&P 500 edged up 0.1% and the Nasdaq added 0.2% in premarket activity, while the Dow Jones Industrial Average declined 0.1%. The indexes finished the previous trading session...

China has reportedly trialed a domestically developed operating system aboard a small satellite, a move aimed at reducing dependence on foreign software in space-based applications. Researchers used the OpenHarmony real-time operating system (RTOS)—a streamlined version of Huawei Technologies’ HarmonyOS—onboard the Dalian-1 Lianli CubeSat during more than 1,000 hours of in-orbit experimentation, reports the South China Morning Post. The test showed...

The price of Bitcoin (BTCUSD) rose in its recent intraday trading, attempting to recover some of its previous losses, taking advantage of the technical momentum that comes from the beginning of positive overlapping signals on the (RSI), after reaching exaggerated oversold levels, indicating the price attempts to offload this condition on a short-term basis. Despite this limited technical improvement, the...

The (crude oil) witnessed fluctuated moves in its last intraday trading, affected by the escalation of geopolitical tensions in the middle east, where it opened this week trading with strong rise that pushed the price to breach the critical resistance level on $75.00, but this decline didnt remain for long time, as it rebounded and surrendered big amount of its...

The (Gold) price declined in its last intraday trading, after it opened its trading with gains couldnt keep it, to bounce back quickly and turn it to losses, this came after reaching the resistance of the EMA50, forming a dynamic barrier against the rising attempts. This decline is caused by breaking a bullish trend line on the short-term basis, as...

A political firestorm raged on Monday as Mamata Banerjee's sit-in protest against CBI's bid to question Kolkata police chief in...

West Bengal Chief Minister Mamata Banerjee on Tuesday called off her dharna against the CBI attempting to question the city police chief in ponzi scam cases.

An alliance of regional parties in India is working on a combined economic plan, one of its leaders said, in the latest sign that Prime Minister Narendra Modi faces an increasingly united opposition in the upcoming general election. That plan is likely to include a landmark policy floated by India’s main opposition Congress party to provide the poor with a minimum income if it wins polls due by May, N Chandrababu Naidu, the politician who helped forge the common front, told Reuters in an interview.

Priyanka Gandhi Vadra, who has been tasked to revive Congress in eastern Uttar Pradesh, would have a role beyond the country’s most-populous state, party president Rahul Gandhi told Hindustan Times in an interview.

02:46 PM EDT, 08/08/2024 (MT Newswires) -- ACV Auctions ( ACVA ) shares rose 20% in recent Thursday trading, a day after a Q2 revenue beat and a boost in 2024 sales guidance. Revenue in the quarter ended June 30 rose to $160.6 million from $124.2 million a year earlier, the company said Wednesday. Analysts surveyed by Capital IQ expected...

Lucid Group Inc ( LCID ) shares are trading higher by 7.73% to $3.13 Thursday afternoon. The stock may be moving higher due to the broader tech sector rally Thursday, driven by better-than-expected jobless claims data, which eased recession fears and boosted investor confidence. The reported decline in jobless claims eased fears of an imminent recession, which is generally positive...

Palantir Technologies Inc ( PLTR ) shares are in the spotlight Thursday as the stock marches toward 52-week highs. Here’s a look at what’s driving the action this week. What To Know: Palantir ( PLTR ) shares fell to start the week as broader markets sold off, but the AI data stock immediately bounced and traded higher into earnings after...

02:36 PM EDT, 08/08/2024 (MT Newswires) -- (Updates with YouTube's ( GOOG ) response in the third paragraph.) Alphabet's (GOOG) YouTube ( GOOG ) suffered a mass outage in Russia on Thursday amid increasing criticism of the platform by Russian authorities, according to multiple media reports. Russian internet monitoring website Sboi.rf said there had been thousands of glitches reported about...

Shark Tank star and Canadian millionaire Kevin O’Leary, who has always been bullish on Bitcoin, expressed how the adoption of green energy by mining companies could reduce fossil fuel usage and trigger a wider acceptance of sustainable energy

The crypto industry has been focussing hard on making the business more environment friendly.

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.

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