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Aussie rises amid surging demand on commodity currencies
Aussie rises amid surging demand on commodity currencies
Jun 16, 2025
The Australian dollar rose against most major rivals on Monday on strong demand on commodity currency as the US dollar weakened. It comes despite a 1% loss in golds price, with the Aussie normally attached to gold as one of the most important Australian exports. The AUD/USD price rose 0.7% as of 20:42 GMT to $0.653. Loonie The Canadian dollar...
Yen extends gains after Israeli strike against Iran
Yen extends gains after Israeli strike against Iran
Jun 13, 2025
The yen rallied on Friday against a basket of major rivals, extending the gains for the third straight session against the dollar and hitting a week on haven demand after Israel launched air strikes against Iran. The Bank of Japan is convening next week to discuss latest economic policies, with a less than 50% chance of a 0.25% rate hike....
Euro gives up four-year peak on risk aversion
Euro gives up four-year peak on risk aversion
Jun 13, 2025
The euro fell in European trade on Friday on track for the first loss in five sessions against the dollar, giving up four-year highs on profit-taking amid mounting risk aversion due to geopolitical tensions in the Middle East. Despite the losses, the euro is heading for the second weekly profit in a row as the odds of a July European...
US dollar rallies on haven demand after Israeli strike against Iran
US dollar rallies on haven demand after Israeli strike against Iran
Jun 13, 2025
The US dollar is heading for its biggest one-day profit in a month as investors run to buy up the US dollar once more for safety after Israel launched strikes against Iran, prompting Iran to launch drones in response. Military Escalation Israel said it targeted a large network of military bases in Iran, with Iran responding by launching a large...
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TREASURIES-US yields fall as markets see high odds of rate cut this month
TREASURIES-US yields fall as markets see high odds of rate cut this month
Dec 4, 2024
* Powell says strong economy allows caution, Musalem warns about unclear path of rate cuts * Markets focus on upcoming jobs data, CPI * ADP employment slight below expectations, ISM shows slowing services activity (Updates to mid-afternoon trading) By Tatiana Bautzer and Chuck Mikolajczak NEW YORK, Dec 4 (Reuters) - U.S. Treasury yields fell on Wednesday, reversing course after softer...
Dow Closes Above 45,000 for First Time; S&P 500, Nasdaq Reach Fresh Records
Dow Closes Above 45,000 for First Time; S&P 500, Nasdaq Reach Fresh Records
Dec 4, 2024
05:04 PM EST, 12/04/2024 (MT Newswires) -- The Dow Jones Industrial Average closed above 45,000 for the first time Wednesday, while the S&P 500 and Nasdaq Composite extended their record runs as markets assessed the latest remarks by Federal Reserve Chair Jerome Powell. The Dow rose 0.7% to 45,014, while the technology-heavy Nasdaq jumped 1.3% to 19,735.1. The S&P 500...
US STOCKS-Tech rally, Powell comments boost indexes to record closing highs
US STOCKS-Tech rally, Powell comments boost indexes to record closing highs
Dec 4, 2024
* Powell says Fed can afford to be a little more cautious * Salesforce ( CRM ) jumps after beating Q3 revenue estimates * November ADP private payrolls at 146,000 versus 150,000 estimate (Updates to close) By Caroline Valetkevitch NEW YORK, Dec 4 (Reuters) - All three major U.S. stock indexes scored record closing highs on Wednesday as technology shares...
Russel Metal Closes US$79.5-Million Acquisition of Tampa Bay Steel
Russel Metal Closes US$79.5-Million Acquisition of Tampa Bay Steel
Dec 4, 2024
05:14 PM EST, 12/04/2024 (MT Newswires) -- Russel Metals ( RUSMF ) after close Wednesday said it closed its US$79.5-million acquisition of Tampa Bay Steel. Tampa Bay Steel had average revenue of US$115 million over the past five years. We are excited to have Tampa Bay Steel join our Southern U.S. businesses, especially as we continue to explore opportunities for...
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Factbox-Foreign companies eye US expansion to lessen fallout from tariffs
Factbox-Foreign companies eye US expansion to lessen fallout from tariffs
May 26, 2025
(Reuters) -Some non-U.S. companies have said they are looking at expanding their presence or setting up shop in the United States to mitigate the impact of President Donald Trump's sweeping tariffs. Below are some of the plans flagged by those companies. BARRY CALLEBAUT The chocolate maker is planning to increase its U.S.-based production to fend off effects of the disruptive...
Trump says Qatar will invest $10 billion in US airbase
Trump says Qatar will invest $10 billion in US airbase
May 26, 2025
* Preliminary agreement would allow US chip imports * Gulf region aims to become among top three global AI centers * President visits US troops in Middle East * Qatar to invest in US airbase, says Trump By Gram Slattery, Andrew Mills and Federico Maccioni DOHA, May 15 (Reuters) - U.S. President Donald Trump said on Thursday that Qatar will...
Deutsche Telekom first-quarter profit slightly above expectations
Deutsche Telekom first-quarter profit slightly above expectations
May 26, 2025
* Q1 core profit 11.3 billion euros vs forecast 11.1 billion * Nudges up full-year core profit guidance * Lost a net 7,000 broadband customers in Germany (Adds details, analyst comments, share move in paragraphs 5, 8-13) By Marleen Kaesebier and Maria Rugamer May 15 (Reuters) - Deutsche Telekom reported first-quarter core profit slightly above analyst expectations on Thursday and...
China accuses US of 'abusing' export control measures in Huawei AI chip curb
China accuses US of 'abusing' export control measures in Huawei AI chip curb
May 26, 2025
BEIJING (Reuters) -China on Thursday accused the United States of abusing export control measures and urged Washington to correct its practices after the U.S. issued guidance warning companies not to use Huawei's Ascend AI chips. The guidance threatens the stability of global semiconductor supply chains, Chinese commerce ministry spokesperson He Yongqian told a regular press conference, adding that China will...
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Lok Sabha passes Forest (Conservation) Amendment Bill — All you need to know
Lok Sabha passes Forest (Conservation) Amendment Bill — All you need to know
Jul 11, 2023
Activists have contended that words like "ecotourism facilities" and "any other purposes" are too vague and may pave the way for widespread exploitation and misuse.
What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
Jul 12, 2023
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.
ED attaches over Rs 10-crore assets in resort scam involving ex-Maha minister Anil Parab
ED attaches over Rs 10-crore assets in resort scam involving ex-Maha minister Anil Parab
Jan 4, 2023
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.
Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Nov 6, 2023
Accusing Kejriwal of being busy with election campaigning in poll-bound states and waking up to the situation late, Minister of State for Consumer Affairs, Food, and Public Distribution, Ashwini Kumar Choubey, said that the Centre had held a meeting with Chief Secretaries and senior officials from four North Indian states on 20th October to discuss measures to reduce air pollution, which he claims weren't adopted by the AAP-led governments.
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North Arrow Minerals, Rockman Resources Amend Kraaipan Gold Project Deal
North Arrow Minerals, Rockman Resources Amend Kraaipan Gold Project Deal
Oct 3, 2024
05:02 PM EDT, 10/03/2024 (MT Newswires) -- North Arrow Minerals (NAR.V) after trade Thursday offered an update on its September announcement of an option agreement with Rockman Resources allowing North Arrow to earn a 60% interest in the Kraaipan gold project in Botswana. The TSX Venture Exchange has conditionally accepted the transaction, pending North Arrow's completion of certain filing requirements....
--Smart Sand Board Authorizes Repurchase of up to $10 Million of Common Stock Through April 3, 2026
--Smart Sand Board Authorizes Repurchase of up to $10 Million of Common Stock Through April 3, 2026
Oct 3, 2024
05:28 PM EDT, 10/03/2024 (MT Newswires) -- Price: 2.2600, Change: +0.26, Percent Change: +13.00 ...
Martin Midstream Partners to Be Acquired by Martin Resource Management
Martin Midstream Partners to Be Acquired by Martin Resource Management
Oct 3, 2024
05:59 PM EDT, 10/03/2024 (MT Newswires) -- Martin Midstream Partners ( MMLP ) said Thursday it has agreed that Martin Resource Management will acquire all of its remaining outstanding shares in an all-cash deal for $4.02 per common unit. The company said that as part of the deal, which will likely close by the end of 2024, Martin Resource Management...
Spirit Airlines in talks with bondholders over terms of potential bankruptcy filing, WSJ reports
Spirit Airlines in talks with bondholders over terms of potential bankruptcy filing, WSJ reports
Oct 3, 2024
(Reuters) -Spirit Airlines ( SAVE ) is in talks with bondholders over terms of a potential bankruptcy filing in the wake of its failed merger with JetBlue Airways, the Wall Street Journal reported on Thursday, citing people familiar with the matter. Shares of Spirit were down 18% in after market trading. Spirit Airlines ( SAVE ) did not immediately respond...
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Here Are Bitcoin’s Biggest Support Levels Ahead: Will BTC Drop to $70K?
Here Are Bitcoin’s Biggest Support Levels Ahead: Will BTC Drop to $70K?
Aug 20, 2025
TL;DR Bitcoins RSI shows weakening momentum despite previous price gains, raising concerns about trend strength. MVRV model outlines critical support at $112K, $91K, and $70K amid recent pullback. First-time buyers added 50K BTC during the dip, suggesting quiet accumulation despite bearish signals. Bitcoin Price and Market Movement Bitcoin was trading below $114,000 at press time, down 5% over the past...
Trader Turns $125K ETH Into Millions Only to Lose Everything Overnight
Trader Turns $125K ETH Into Millions Only to Lose Everything Overnight
Aug 20, 2025
Ethereum rally this month has given traders strong opportunities, by helping them boost portfolio values and unlock profitable exits. The subsequent downtrend, however, has proven equally damaging. A trader once celebrated for turning a modest $125,000 deposit into tens of millions of dollars through aggressive Ethereum longs has seen their fortunes unravel dramatically. ETH Traders Fortune Evaporates Just three days...
Ethereum Price Test: This Key Support Stands Between ETH and Deeper Losses
Ethereum Price Test: This Key Support Stands Between ETH and Deeper Losses
Aug 20, 2025
Ethereum recently faced heavy selling pressure near the $4.8K region, echoing the heightened volatility seen across the broader crypto market. While the long-term bullish structure remains intact, ETH has now pulled back into a critical support area. The key question is whether buyers can defend this zone or if a deeper correction is on the horizon. ETH Price Technical Analysis...
Is Ripple’s XRP About to Rally Hard? The Metric That Nailed the Top Says Yes
Is Ripple’s XRP About to Rally Hard? The Metric That Nailed the Top Says Yes
Aug 20, 2025
TL;DR Ripples cross-border payments token has retraced hard after reaching an all-time high a month ago, and this correction was predicted by a popular technical tool. Now, though, that same indicator has flashed a buy signal, which could mean the assets price trajectory could be on the verge of a major reversal. XRPUSD. Source: TradingView Lets rewind the clock by...
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