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Japanese yen expands gains to four-week high in a strong start
Japanese yen expands gains to four-week high in a strong start
May 26, 2025
The Japanese yen rose in Asian trade on Monday against a basket of major rivals, expanding gains for the second straight session against the dollar and hitting a four-week high on haven demand amid concerns about US debt levels following Trumps tax reform bill. The gains are boosted as well by increasing inflationary pressures on Bank of Japans policymakers, which...
Yen rushes to four-week high on strong demand
Yen rushes to four-week high on strong demand
May 27, 2025
The Japanese yen rose in Asian trade on Tuesday against a basket of major rivals, resuming gains against the dollar after a short hiatus and hitting a four-week high on strong haven demand amid concerns about US debt levels. Gains are also bolstered by the increasing odds of a Japanese interest rate hike in June in response to mounting inflationary...
Euro hits four-week high before Lagarde's remarks
Euro hits four-week high before Lagarde's remarks
May 26, 2025
The euro rose in European trade on Monday against a basket of major rivals, extending gains for the second straight session against the dollar and hitting a four-week high as US President Donald Trump gave the EU another chance to reach a trade deal. Recent eurozone inflation data led to divisions between European Central Bank policymakers on the decision to...
US dollar extends losses to five-week trough on US debt concerns
US dollar extends losses to five-week trough on US debt concerns
May 26, 2025
The US dollar fell in European trade on Monday against a basket of major rivals, hitting a five-week trough amid concerns about the US debt levels. Now investors await important remarks by several Fed officials as they look for more clues on the odds of multiple Fed rate cuts this year. The Index The dollar index fell 0.4% to 98.69,...
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SNAPSHOT-India stocks, rupee, swaps, call at 3:30 p.m. IST
SNAPSHOT-India stocks, rupee, swaps, call at 3:30 p.m. IST
Mar 22, 2024
MUMBAI, March 22 (Reuters) - STOCKS: The benchmark BSE Sensex rose 190.75 points, or 0.26%, to 72,831.94, while the broader NSE index gained 66.1 points, or 0.30%, to 22,078.05, as IT sector bellwether Accenture's revenue warning offset optimism around U.S. Federal Reserve rate cuts. RUPEE: The Indian rupee weakened 0.33% versus the U.S. dollar, and quoted at 83.43 per dollar,...
Futures tick up after Wall Street hits record highs
Futures tick up after Wall Street hits record highs
Mar 22, 2024
(Reuters) - U.S. stock index futures inched higher on Friday, setting Wall Street on course for strong weekly gains as investors cheered the Federal Reserve sticking to its rate-easing stance and awaited commentary from Chair Powell later in the day. All three main U.S. indexes hit fresh record closing highs in the previous session as chip stocks rallied after Micron...
US Stock Futures Flat Ahead of Powell Speech After Reaching Record Highs on Thursday
US Stock Futures Flat Ahead of Powell Speech After Reaching Record Highs on Thursday
Mar 22, 2024
08:24 AM EDT, 03/22/2024 (MT Newswires) -- US stock futures were flat in Friday's premarket session after equity indexes closed at record highs on Thursday, as investors awaited Federal Reserve Chairman Jerome Powell's speech, scheduled for 9:00 am ET. Powell will deliver the opening remarks at a Fed Listens event in Washington on the topic of transitioning to a post-pandemic...
US STOCKS-Futures edge higher after Wall Street scales record peak
US STOCKS-Futures edge higher after Wall Street scales record peak
Mar 22, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Tesla slips on report co trims car production in China * FedEx ( FDX ) jumps on Q3 profit beat * Nike ( NKE ) falls after revenue forecast disappoints * Futures up: Dow 0.10%, S&P 0.11%, Nasdaq 0.07%...
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Samsung India strike puts spotlight on powerful Indian labour group
Samsung India strike puts spotlight on powerful Indian labour group
Sep 14, 2024
* Labour group CITU-backed Samsung strike enters fifth day * The protests cast shadow on Indian PM Modi's manufacturing goals * Group plans unions at electronics firms Flex and Sanmina ( SANM ) By Munsif Vengattil and Praveen Paramasivam CHENNAI, Sept 13 (Reuters) - A labour strike in India that has disrupted production at a Samsung plant has put the...
Insight Partners explores $4 billion-plus sale of Tricentis, sources say
Insight Partners explores $4 billion-plus sale of Tricentis, sources say
Sep 13, 2024
(Reuters) - Private equity firm Insight Partners is exploring a sale of Tricentis, in a deal that it is hoping could value the software provider for developer applications at more than $4 billion, according to four people familiar with the matter. Insight is working with investment bank Evercore ( EVR ) to solicit interest from potential buyers, which include other...
Insight Partners explores $4 bln-plus sale of Tricentis, sources say
Insight Partners explores $4 bln-plus sale of Tricentis, sources say
Sep 13, 2024
Sept 13 (Reuters) - Private equity firm Insight Partners is exploring a sale of Tricentis, in a deal that it is hoping could value the software provider for developer applications at more than $4 billion, according to four people familiar with the matter. Insight is working with investment bank Evercore ( EVR ) to solicit interest from potential buyers, which...
US locks in steep China tariff hikes, some industries warn of disruptions
US locks in steep China tariff hikes, some industries warn of disruptions
Sep 14, 2024
(Reuters) -The Biden administration on Friday locked in steep tariff hikes on Chinese imports, including a 100% duty on electric vehicles, to boost protections for strategic industries from China's state-driven industrial practices. The U.S. Trade Representative's office said that many of the tariffs, including a 100% duty on Chinese EVs, 50% on solar cells and 25% on steel, aluminum, EV...
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Market Chatter: Amazon.com, Alphabet-Backed Anthropic May Face Nationwide Copyright Lawsuit Over Alleged Book Piracy
Market Chatter: Amazon.com, Alphabet-Backed Anthropic May Face Nationwide Copyright Lawsuit Over Alleged Book Piracy
Jul 17, 2025
11:27 AM EDT, 07/17/2025 (MT Newswires) -- Amazon.com ( AMZN ) and Alphabet (GOOG, GOOGL)-backed Anthropic may face a nationwide class-action lawsuit after a California federal judge ruled that three authors already suing the company can represent writers whose books the AI startup allegedly pirated to train its AI system, Reuters reported Thursday. The authors can file the class action...
MOVES-Goldman Sachs names Khalil as global head of middle market group, memo says
MOVES-Goldman Sachs names Khalil as global head of middle market group, memo says
Jul 17, 2025
NEW YORK, July 17 (Reuters) - Goldman Sachs ( GS ) named its senior banker Aasem Khalil as global head of its business focused on client coverage in middle-market banking, a memo seen by Reuters on Thursday showed. Best known for its advisory work on mega deals, Goldman has in recent years expanded in so-called middle-market deals worth $500 million...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
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,...
Privacy group files complaint against AliExpress, TikTok and WeChat
Privacy group files complaint against AliExpress, TikTok and WeChat
Jul 17, 2025
STOCKHOLM, July 17 (Reuters) - Austrian advocacy group noyb filed data privacy complaints against China's AliExpress, TikTok and WeChat on Thursday, saying they failed to comply with European Union laws on providing users with a full copy of their data. While most tech companies have a tool to fulfil requests for downloading user information, some Chinese companies have made it...
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