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...

...

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...

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...

(Reuters) -Meta Platforms forecast third-quarter revenue well above analysts' estimates on Wednesday, as artificial intelligence once more powered its core advertising business, sending its shares soaring 11% in extended trading. The bumper results could ease investor worries about the social media giant's frenzied pace of spending, at least for now, as it seeks to change Wall Street's impression that it...

U.S. markets ended mixed on Wednesday. The Dow Jones Industrial Average slipped 0.4% to 44,461.28, while the S&P 500 edged down 0.1% to 6,362.90. The tech-focused Nasdaq inched up 0.15% to 21,129.67 as several companies reported earnings. The Federal Reserve’s decision to maintain interest rates at 4.25%-4.50% was widely expected. However, the dissent from two permanent members of the Fed’s...

With U.S. stock futures trading higher this morning on Thursday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Apple Inc. ( AAPL ) to report quarterly earnings at $1.42 per share on revenue of $89.04 billion after the closing bell, according to data from Benzinga Pro. Apple ( AAPL ) shares fell...

(Reuters) -Meta Platforms forecast third-quarter revenue well above analysts' estimates on Wednesday, as artificial intelligence once more powered its core advertising business, sending its shares soaring 11% in extended trading. The bumper results could ease investor worries about the social media giant's frenzied pace of spending, at least for now, as it seeks to change Wall Street's impression that it...

NEW YORK, April 1 (Reuters) - Private equity firm EQT is nearing a deal to acquire compliance software maker Avetta for more than $3 billion, including debt, according to people familiar with the matter. EQT has prevailed in a sale process run by Avetta's owner, private equity firm Welsh Carson Anderson & Stowe, the sources said. If the negotiations conclude...

Brent Oil Price Analysis Brent oil price provided additional positive trades in the previous sessions, reaching 88.50$ areas. This reinforces the expectations of continuing the bullish trend on the intraday and short-term basis, organized inside the bullish channel visible on the chart. This supports the chances of achieving our next waited target at 90.00$. Therefore, we are waiting for more...

TOKYO, April 2 (Reuters) - Japan's industry ministry said on Tuesday it has approved subsidies worth up to 590 billion yen ($3.9 billion) for chip foundry venture Rapidus as Tokyo pushes forward with plans to rebuild the country's chip manufacturing base. Rapidus is headed by industry veterans and is targeting mass production of cutting-edge chips on the northern island of...

April 1 (Reuters) - Rubrik plans to list its shares in a U.S. initial public offering, the cybersecurity platform said in a filing on Monday, adding to a growing wave of companies turning to capital markets after a two-year lull. Founded in 2014 by venture capitalist Bipul Sinha, Rubrik makes cloud-based ransomware protection and data-backup software for over 6,000 customers,...

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

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.

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.

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.

Mahendra Kumar Dhanuka, Vice Chairman and Managing Director of the company, said the third quarter so far has not been as good as expected due to the late harvesting of crops.

The fund house opened the year with an AUM (assets under management) of over ₹2.25 lakh crore. The open-ended equity scheme represents the manufacturing theme and opens for subscription on December 1 and closes on December 15.

The unseasonal rainfall in Mumbai and other parts of the state prompted concerns about potential disruptions in the agricultural supply chain.

This acquisition not only substantially hikes UltraTech Cement's capacity but also serves as a strategic entry into the promising market of Jharkhand. Shares of UltraTech Cement Ltd ended at ₹8,721.80, down by ₹6.20, or 0.071%, on the BSE.

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.

A spot crypto ETF would track the market price of the underlying crypto asset, giving investors exposure to the token without having to buy the currency. The SEC has previously denied all spot bitcoin ETF applications citing potential for fraud, but that could soon change after it lost a legal battle in August.

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.