financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
US dollar heads for fresh weekly profit
US dollar heads for fresh weekly profit
Oct 26, 2024
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 rebounds ahead of major eurozone data
Euro rebounds ahead of major eurozone data
Oct 27, 2024
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...
Euro hits one-week high ahead of German inflation data
Euro hits one-week high ahead of German inflation data
Oct 30, 2024
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...
Yen skids to three-month trough as Japanese governing coalition loses majority
Yen skids to three-month trough as Japanese governing coalition loses majority
Oct 28, 2024
The Japanese yen skidded in Asian trade on Monday to three-month lows against the US dollar, after the election loss by the current Japanese parliamentary governing coalition, which could impede future interest rate hikes by the Bank of Japan. The yen is also pressured by a surge in US 10-year treasury yields, amid speculation about a cautious stance by the...
World >
Market >
Environment >
Technology >
Personal Finance >
Politics >
Retail >
Business >
New Gold Resumes Operations at Rainy River Mine in Ontario
New Gold Resumes Operations at Rainy River Mine in Ontario
Jul 29, 2024
09:33 AM EDT, 07/29/2024 (MT Newswires) -- New Gold ( NGD ) said Monday that it resumed day shift operations at its Rainy River mine in Ontario on Saturday. New Gold ( NGD ) said the resumption came after suspending operations at the mine on Wednesday due to a fatality incident. Shares of the company were up 2% in recent...
Burger King's India operator posts narrower Q1 loss as value packs boost demand
Burger King's India operator posts narrower Q1 loss as value packs boost demand
Jul 29, 2024
BENGALURU, July 29 (Reuters) - Restaurant Brands Asia , which operates Burger King and Popeyes chains in India and Indonesia, reported a narrower first-quarter loss on Monday as offers and discounts brought more customers to its outlets. The company's consolidated net loss narrowed to 493.6 million rupees ($5.90 million) in the three months ended June 30 from a loss of...
Air Lease Delivers First Airbus A220-300 to Croatia Airlines
Air Lease Delivers First Airbus A220-300 to Croatia Airlines
Jul 29, 2024
09:39 AM EDT, 07/29/2024 (MT Newswires) -- Air Lease ( AL ) said Monday that it has delivered an Airbus A220-300 airplane to Croatia Airlines. The aircraft leasing firm said this is Croatia Airlines' first A220 and that five more will be delivered to the carrier. Shares of Air Lease ( AL ) were up 1.5% immediately after the opening...
WEX Launching $300 Million Accelerated Share Repurchase
WEX Launching $300 Million Accelerated Share Repurchase
Jul 29, 2024
09:31 AM EDT, 07/29/2024 (MT Newswires) -- WEX (WEX) said Monday it signed an accelerated share-repurchase agreement with JPMorgan Chase Bank to buy back $300 million of WEX's common shares. The company said it signed the agreement under its $1.05 billion amended share-buyback authorization, which it disclosed in February. Final settlement of the accelerated share repurchase is expected in Q4,...
Economy >
Cryptocurrency >
Cardano on the Verge of Achieving a Massive Milestone: ADA Bull Run Imminent?
Cardano on the Verge of Achieving a Massive Milestone: ADA Bull Run Imminent?
Mar 22, 2024
Cardano (ADA) is showing strong growth in smart contract development. Since the beginning of the year, the number of Plutus scripts on the Cardano network, including Plutus V1 and V2, has surged by 171.45%,  At this pace, the Cardano network is adding nearly 500 new smart contracts daily. According to data from Cardano Blockchain Insights, the network has achieved 39,000...
Bitcoin Struggles at $66K; Ripple’s XRP Defies Bearish Momentum (Market Watch)
Bitcoin Struggles at $66K; Ripple’s XRP Defies Bearish Momentum (Market Watch)
Mar 22, 2024
The cryptocurrency market has failed to recover as swiftly as many expected it to, and Bitcoins price seems to be struggling to break above $66K definitively. Most of the altcoins are also trading in the red, with two notable exceptions. Bitcoin Fails at $66K As seen in the chart below, Bitcoins price was unable to retain its bullish momentum that...
Montenegro’s Court of Appeal Upholds Ruling on Do Kwon’s Extradition to South Korea
Montenegro’s Court of Appeal Upholds Ruling on Do Kwon’s Extradition to South Korea
Mar 21, 2024
After a series of back-and-forths regarding Do Kwons extradition, it appears that the Terraform Labs co-founder and former CEO may finally be handed over to South Korean authorities after the Appellate Court of Montenegro confirmed a previous decision to extradite him to his native country. Terraform Labs’ Chief Executive Officer, who was arrested in March 2023 with Kwon in Montenegro,...
Hacker Transfers $10M from 2023 Phishing Attack to Tornado Cash: CertiK
Hacker Transfers $10M from 2023 Phishing Attack to Tornado Cash: CertiK
Mar 22, 2024
Phishing scams have wreaked havoc in the digital asset ecosystem and are making a comeback amidst market-wide recovery. These attacks have grown increasingly sophisticated, leading to high-profile crypto investors, whales, and prominent industry figures becoming victims, ultimately resulting in substantial financial losses. In its latest update on March 21st, CertiK identified a deposit of 3,700 ETH into Tornado Cash on...
Forex >
Copyright 2023-2025 - www.financetom.com All Rights Reserved