Yen rose in Asian trade on Friday against major rivals, extending gains for the third straight session against the dollar and scaling a three-week high away from recentt 34-year lows amid active short-covering. The yen is heading for the largest weekly profit since November 2022 as Japanese authorities intervened to support the local currency after slumping below the 160 barrier...

Dollar fell in European trade on Friday against a basket of major rivals, extending losses for the third straight session and plumbing a three-week trough as US treasury yields lose ground as well. The dollar is heading for the worst weekly loss since March especially if the US payrolls report missed the mark today. The Index The dollar index fell...

The dollar rose against most major rivals on Monday after stabilizing earlier in the session. It came after Wall Street recouped following weak US payrolls data on Friday, which showed the anti-inflation policies by the Fed are bearing fruits, in turn paving the way for policy tightening soon. Thus investors now expect nearly two interest rate cuts by the Federal...

Yen lost ground in Asian trade against a basket of major rivals, heading for the second loss in a row against the dollar away from three-week highs amid active profit-taking, while intervention momentum from Japanese authorities faded. Traders are focusing back on the fundamentals, with the stark interest rate differences between the US and Japan coming to the forefront once...

12:51 PM EDT, 03/15/2024 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds, including IWM and IVV, were trading lower. Actively-traded Invesco QQQ Trust (QQQ) was down 1.2%. US benchmark stock indexes fell, led by technology, as government bond yields traded at their highest levels this month following this week's hotter-than-expected inflation data and ahead of the Federal Reserve's updated...

01:37 PM EDT, 03/15/2024 (MT Newswires) -- Tech stocks were falling Friday afternoon, with the Technology Select Sector SPDR Fund (XLK) dropping 1.7% and the SPDR S&P Semiconductor ETF (XSD) down 0.4%. The Philadelphia Semiconductor index decreased 0.1%. In corporate news, Adobe's (ADBE) shares tumbled more than 14% after it issued fiscal Q2 revenue guidance that trailed analysts' estimates. ...

01:23 PM EDT, 03/15/2024 (MT Newswires) -- US equity indexes fell, led by technology, as government bond yields traded at their highest this month following the hotter-than-expected inflation data this week and ahead of the Federal Reserve's updated economic projections. The S&P 500 fell 0.7% to 5,114.6, with the Nasdaq Composite down 1% to 15,966.1 and the Dow Jones Industrial...

01:34 PM EDT, 03/15/2024 (MT Newswires) -- Financial stocks were mixed in Friday afternoon trading with the NYSE Financial Index down 0.1% and the Financial Select Sector SPDR Fund (XLF) little changed. The Philadelphia Housing Index climbed 0.9% and the Real Estate Select Sector SPDR Fund (XLRE) dropped 0.4%. Bitcoin (BTC-USD) fell 4.5% to $68,128, and the yield for 10-year...

May 23 (Reuters) - Tesla has told suppliers for its models sold outside China to start building components and parts outside of both China and Taiwan by as early as next year, Nikkei reported on Thursday. Suppliers of components such as printed circuit boards, displays and electronics control unit systems have received the request, the newspaper reported, citing six supply...

By Arsheeya Bajwa and Stephen Nellis (Reuters) -Nvidia forecast second-quarter revenue above estimates on Wednesday and announced a ten-for-one forward stock split, impressing investors who have already tripled the chipmaker's market value in the past year on AI optimism. Nvidia shares hit a record in extended trade and were last up 2.7% at $978. The AI poster child's stock has risen...

SEOUL (Reuters) - South Korea announced on Thursday a 26 trillion won ($19 billion) support package for the country's vital semiconductor industry, the country's presidential office said. Under the package, President Yoon Suk Yeol said the government planned a financial support programme for chips worth about 17 trillion won through state-run Korea Development Bank to back large-scale investments by semiconductor...

(Reuters) -Singapore Telecommunications posted a 64% drop in full-year net profit on Thursday hit by a S$3.1 billion ($2.30 billion) impairment charge, majority of which relates to its mobile network operation unit Optus. Australia's second-largest telecom company Optus has been marred by multiple setbacks, including a massive network-wide outage in the country, data breaches and steep declines in fixed carriage...

The new bill exempts registered AYUSH practitioners and people accessing codified traditional knowledge, from sharing benefits with local communities or giving prior intimation to state biodiversity boards before accessing biological resources.

A fire that broke out at the waste treatment plant in Kochi on March 2, 2023, continues to spread toxic fumes even after 11 days of the incident. The Kerala government has said that 95 percent of the fire has been extinguished, but the smoke from the landfill has not entirely subsided. 

The probe pertains to Dapoli resort, which is allegedly illegal. The former minister and Shiv Sena (Uddhav) leader, Anil Parab, allegedly wangled a permit to use land meant for agricultural use. The ED had started the investigation under the the Prevention of Money Laundering Act (PMLA) after a complaint from the Environment Ministry.

On Tuesday, the Gehlot government invited bids for both projects to build the dams within the next four years. The chief minister had announced both projects in last year’s budget.

Applied Materials President and CEO Gary E Dickerson said now is the opportunity for India to grow in the semiconductor industry.

PM Modi in US: The Prime Minister appreciated General Electric for its long-term commitment of manufacturing in India, the ministry of external affairs said. PM Modi also invited GE to play a greater role in the aviation and renewable energy sector in India.

Tesla CEO Elon Musk said he thinks India is great for solar energy investment. He said he tentatively plans to visit India next year.  "I am confident that Tesla will be in India and we will do so as soon as possible," he said.

Addressing the media after bilateral talks with PM Narendra Modi, US President Joe Biden said India and the US were collaborating in nearly every human endeavour in delivering progress across the board.

Ethena Labs officially launched USDtb, a new stablecoin backed by BlackRocks USD Institutional Digital Liquidity Fund (BUIDL), on December 16th. Developed in partnership with Securitize, USDtb is designed to operate like existing fiat-backed stablecoins such as USDC and USDT, with reserves invested in cash or cash-equivalent assets to maintain a 1:1 value ratio. USDtb Debuts According to the official blog...

Following several consecutive days of seeing mostly gains and charting new peaks, bitcoin has finally retraced by dropping by over four grand over the past 12 hours or so. The altcoins have followed suit, with notable price drops evident from the likes of ETH, DOGE, ADA, TRX, AVAX, and more. BTC Falls by $4K The primary cryptocurrency bounced off its...

Japanese-listed company Metaplanet announced on December 18 that it will formally run Bitcoin Treasury Operations as a new business line. This move, approved by the firm’s board of directors, is part of its broader strategy to integrate Bitcoin into its financial framework. Details of the New Venture The announcement, shared in a post on X, follows a series of shareholder...

So, will Ripple token prices fizzle out and consolidate with long-term support at a lower level? Or will XRP continue to skyrocket over the next 60 days? Here are 6 of the most current signals regarding XRPs price. But real quick first: As for more focused long-term accumulation holders and altcoin investors who make cyclical adjustments with the occasional swing...