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...

The Australian dollar rose in Asian trade on Wednesday against the US dollar after a short hiatus yesterday, with the pair heading towards four-month high and about to mark the second monthly profit in a row. Earlier Sydney data showed inflationary pressures remained persistent on monetary policymakers, casting doubts on the odds of an Australian interest rate cut in May....

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The Australian dollar fell against most major rivals on Wednesday following labor data. Australian wages rose 0.9% in the first quarter of the year, above estimates of 0.8%. On trading, the AUD/USD pair rose 0.7% as of 20:56 GMT to 0.6428. Loonie The Canadian dollar fell 0.3% against the greenback as of 20:56 GMT to $0.7155. The US Dollar The...

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to make a gap-down start on Tuesday, amid a mixed trend in global markets as caution persisted on inflation and aggressive hikes in COVID-era interest rates. Singapore Exchange (SGX) Nifty futures — an early indicator of the Nifty index — fell as much as 145.5 points or 0.9 percent to 16,426.5 early on Tuesday, suggesting a gap-down opening ahead on Dalal Street.

Equities were resilient in the US on Monday but drifted down a bit later in the day. The US dollar was firm even when the equities were higher.

Stocks to Watch: Investor sentiment was mixed in the global markets with key indices in the US settling higher and Asian markets witnessing some selling pressure. On Tuesday, SGX Nifty futures fell 0.6 percent to 16,475 as of 6:56 am, hinting at a negative opening for Dalal Street. Shares of Tata Motors, Reliance Industries, Bharti Airtel, Tech Mahindra among a few others will be in focus today. Here are top stocks to watch out for in trade today:

Indian shares are set to track mixed global cues on Tuesday and a day ahead of the RBI Monetary Policy decision. US stocks ended the overnight session slightly higher amid concerns about whether the economy will successfully avoid a recession amid rising interest rates and high inflation. Asian stocks were trading mixed in morning trade. Here are the 10 things to know before opening trade on June 7

Russia has repeatedly clashed with foreign technology companies over content, censorship, data and local representation in a simmering dispute that intensified after Moscow sent its armed forces into Ukraine in February 2022.

Both Alibaba and traditional rival JD.com are coming off a disappointing Singles' Day campaign, with only single-digit percentage growth during their signature annual shopping festival.

Efforts by a group of OpenAI executives and investors to reinstate Sam Altman to his role as chief executive officer...

Executives from Microsoft Corp., Citigroup Inc., Tesla Inc. and other large multinationals are meeting this week with Chinese President Xi Jinping and other Asian leaders, as well as US President Joe Biden.

Rajasthan Election Exit Poll Results 2023: The exit poll results will be announced on Thursday, November 30, at 6.30 pm after voting in Telangana gets over. Rajasthan is known for its anti-incumbency, with the state swinging between the BJP and Congress in the past elections.

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 cases were lodged against Union Minister of State Rajeev Chandrasekhar over his controversial social media posts following the blasts at a convention centre in Kochi during a prayer meeting of Christian religious group Jehovah's Witnesses.

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.

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,...

InterDigital Inc ( IDCC ) reported financial results for the first quarter before the market open on Thursday. Here’s a look at the key metrics from the quarter. Q1 Revenue: $210.51 million, versus estimates of $205.25 million Q1 Adjusted EPS: $4.21, versus estimates of $2.99 The mobile, video and AI technology research and development company said its strong revenue results...

01:57 PM EDT, 05/01/2025 (MT Newswires) -- (Updates with Strategic Value Partners declines to comment in the fifth paragraph.) KKR (KKR) will transfer the ownership of Switzerland-based vending machine company Selecta Group to a consortium of the company's existing creditors as part of a recapitalization deal, Bloomberg reported Wednesday, citing people familiar with the matter. The lender group includes Invesco...

01:55 PM EDT, 05/01/2025 (MT Newswires) -- Honda Motor ( HMC ) unit American Honda said Thursday its April sales were up 18.1% year over year to 137,656 units. Truck sales rose 26.4% to 100,079 units, and car sales rose 0.4% to 37,577 units, data showed. The company said 41,116 electrified vehicles were sold in April, up 91.9% from a...

Binance will pay $4.3 billion in one of the largest corporate agreements in US history. Changpeng Zhao will pay a $50 million fine under a deal that requires him to step down as CEO. Zhao pleaded guilty Tuesday to violating the Bank Secrecy Act in federal court in Seattle.

Bitcoin prices have typically rallied in the past following halvings. Six months after the first halving in 2012, the price jumped to $126 from $12. After the second halving in 2016, it went to $1,000 from $654 within seven months and in 2020 it shot up to $18,040 from $8,570 in the same time period.

The crypto market is experiencing one of its longest, most bitter winters in recent history. It has caused a massive...

Negotiations between the Justice Department and Binance include the possibility that its founder Changpeng Zhao would face criminal charges in the US under an agreement to resolve the probe into alleged money laundering, bank fraud and sanctions violations, according to the Bloomberg.