The Australian dollar tumbled in Asian trade on Wednesday to 2-⅕ month lows against the US dollar, sharpening the decline for the fourth straight session after inflation in Australia cooled to three-year lows, reducing the pressure on the Reserve Bank of Australia. The new data boosted the odds of an interest rate cut by the RBA in December, as investors...

The euro rose in European trade on Thursday against a basket of major rivals after a wave of losses across three sessions, with the euro eventually settling above 3-⅕ month lows against the US dollar. It comes ahead of major data on the eurozone sectors later today, which would shed important light on the health of the European economy in...

The US dollar rose in European trade on Friday against a basket of major rivals, resuming gains after a short hiatus, and approaching three-month highs once more. The gains come amid a surge in US 10-year treasury yields after bullish remarks from some Fed officials, and strong US data, which hurt the odds of an aggressive pace for US interest...

Euro rose in European trade on Wednesday on track for the third profit in a row against the US dollar, hitting a week high after data showed Spanish inflation rose past estimates in October, renewing the pressure on the European Central Bank. The odds of a 0.25% ECB interest rate cut in December dipped, with investors now waiting for official...

Robert Sockin, Global Economist at Citi, shared his perspectives on the US monetary policy and the Federal Reserve's commentary. Sockin believes the Fed may be done with interest rate hikes and will likely move into a wait-and-watch mode now.

A lower-than-expected inflation reading in the US for October sparked a market rally, fueled by hopes that the Federal Reserve's interest rate hike cycle might be concluding, subsequently driving down yields and the dollar index.

India will be a major beneficiary with potential inflows of $3.4-3.5 billion following a change in the benchmark index by the federal pension fund, according to

Dean Kim, the Head of Global Research Product at William O'Neil + Co. says there's an anticipated upswing in investor interest for emerging markets, especially India, now that the US is showing signs of recovery,

In today's rapidly changing and fiercely competitive business landscape, it is vital for investors and industry enthusiasts to carefully evaluate companies. In this article, we will perform a comprehensive industry comparison, evaluating Advanced Micro Devices ( AMD ) against its key competitors in the Semiconductors & Semiconductor Equipment industry. By analyzing important financial metrics, market position, and growth prospects, we...

Zscaler ( ZS ) underwent analysis by 29 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 5 15...

(Reuters) - Applied Digital ( APLD ) shares soared nearly 43% in early trading on Thursday, after the data center operator said it would receive $160 million in financing from a group of investors, including chip giant Nvidia ( NVDA ). Investors in the deal would also include privately owned real estate firm Related Companies. Applied Digital ( APLD )...

AMSTERDAM, Sept 5 (Reuters) - Russian firms were able to obtain spare parts for 25-year-old ASML chipmaking machines in 2022 to 2023 on secondary markets despite European Union sanctions, Dutch newspaper Trouw reported on Thursday, citing Russian customs documents. ASML, Europe's largest technology firm, dominates the market for advanced lithography systems, which use light beams to help create the circuitry...

An alleged international hacker arrested by the police has allegedly claimed the transfer of Bitcoins worth thousands of crores into the accounts of big political leaders in the state.

Modi may visit Lucknow along with Union Home Minister Amit Shah on November 20 or 21 for the annual DGPs/IGPs conference organised by the Intelligence Bureau.

Former CBDT chairman PC Mody has been appointed as the new secretary general of the Rajya Sabha just weeks before the commencement of the Winter Session of Parliament, which is expected to start from November 29.

After the alleged attack, the assailants left behind a crossed photograph of the parliamentarian with bullets stuck on it, the police said.

TOKYO (Reuters) -Japanese firms have agreed to raise pay by 5.25% this year, the biggest rise under comparable data since 2013, the country's largest union group Rengo confirmed on Friday. The results of the closely-watched wage negotiations are announced in several stages, in which the blue-chip firms are first to wrap up their talks in mid-March. The second announcement on...

March 22 (Reuters) - All of India's refiners are now refusing to take Russian crude carried on PJSC Sovcomflot tankers due to U.S. sanctions, Bloomberg News reported on Friday. Reuters reported earlier this week that India's Reliance Industries, operator of the world's biggest refining complex, would not buy Russian oil loaded on tankers operated by shipper Sovcomflot (SCF) after recent...

(Reuters) - FedEx ( FDX ) shares surged in premarket trading on Friday after the parcel giant beat estimates for quarterly profit and reported a higher operating margin at Express, its largest unit. Shares of the company rose 12.4% to $297.75 before the bell, with rival UPS up 3.5%. FedEx ( FDX ) has taken several measures to protect margins...

HANOI, March 22 (Reuters) - Communist-ruled Vietnam is seeking its third president in little more than a year after the resignation of Vo Van Thuong, who was only elected last year after the sudden dismissal of his predecessor. With accumulated foreign direct investment higher than its gross domestic product, Vietnam's stability is crucial to multinationals with large operations in the...

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.

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.