The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, drifts lower during the Asian session on Thursday and extends the previous day's modest pullback from the vicinity of its highest lev…
Samsung Electronics says it expects a nine-fold surge in its quarterly profits compared with a year earlier, driven by surging demand for memory chips used in artificial intelligence (AI) data centres.
The EUR/USD pair recovers some lost ground to around 1.1200 during the early Asian session on Thursday. However, the potential upside for the major pair might be limited as France's fiscal concerns continued to weigh on…
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GBP/USD remains subdued for the second successive day, trading around 1.3210 during the Asian hours on Thursday. The pair inches lower as the US Dollar (USD) holds its ground, bolstered by elevated US Treasury bond yiel…
The Australian Dollar makes a U-turn and loses over 0.29% on Wednesday after the Federal Reserve revealed members expect another rate hike towards the year-end. The AUD/USD trades at 0.6963.
Samsung Electronics on Thursday reported third-quarter preliminary operating profit of 107.40 trillion won ($80.2 billion), surging past 100 trillion won for the first time in the company's history as booming demand for…
Surging Treasury yields have begun to hammer parts of the stock market that might easily be overlooked, especially with the spotlight once again shining brightly on a small group of glamorous tech companies.
Reports have emerged that authorities in Singapore, the city-state the decentralized trading platform claims is home to its corporate headquarters, say they have no jurisdiction over Hyperliquid at all.
Sync exchanges and wallets, then generate a compliant tax report in minutes.
The US government sold $743 billion of Treasury securities during the week, in 10 auctions. Of them, $612 billion were Treasury bills, spread over seven massive auctions, with maturities from 4 weeks to 52 weeks, most o…
Levi Strauss on Wednesday increased its profit outlook after it received tariff refunds, but gave less rosy revenue guidance.
Gold price (XAU/USD) tumbles to a near two-month low around $4,110 during the early Asian session on Thursday. A stronger US Dollar (USD) and elevated US Treasury bond yields reduce the appeal of the non-yielding metal.…
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Hi, I’m Paul Krugman. I’m winding down some travel, and I’ve been meeting all sorts of people face to face, so virtual interactions are down. So just to give you some kind of Saturday video, I thought I would talk a lit…
Bitcoin (BTC) was trading near $84,000 after another failure to break above its yearly open at $87,700. Bitfinex said the next move will depend more on renewed spot demand than on increased futures leverage.
Americans are increasingly worried about their financial outlook amid expectations that inflation could worsen in the year ahead, according to a New York Federal Reserve survey released Wednesday.
As a second and more punishing wave of US sanctions hits Iran, the Islamic Republic is dusting off an old playbook for circumventing such penalties and maintaining a crucial level of oil exports and other trade. A new i…
Microsoft said its new laptop containing an Nvidia AI chip will start at $2,599, as the software maker tries to bring more artificial intelligence capabilities to its consumer devices.
A supertanker was recently chartered to sail from the U.S. Gulf Coast to China for $76 million, a source familiar told CNBC, as shipping costs soar globally due to the crisis in the Middle East.
The Nasdaq-100 Index continues its historic run. Total returns (appreciation plus dividends) topped 24% year-to-date, and the index has nearly tripled, up 193.37% since the end of 2022 (again with dividends reinvested).…
NEW YORK — U.S. stocks closed barely higher on the 1st as late bargain hunting offset a sharp selloff in global government bonds that drove yields to multiyear highs.
Russia has taken a major step toward a regulated crypto market. The Bank of Russia has registered the country’s first digital asset operators under rules that came into force on September 1st.
Third-quarter earnings season kicks off this week and as results roll in they should reveal what the market is eagerly anticipating: another blockbuster quarter for S&P 500 profits.
The euro traded at 1.1192 against the dollar on Wednesday, October 7, down 71 pips or 0.63% from Tuesday's 1.1263 close. The session range ran from 1.1266 at the high to 1.1186 at the low. That low sits 26 pips above Mo…
Mumbai, August 27: Oil prices extended their losses on Thursday, with Brent crude futures falling for a fourth straight session as investors weighed the possibility of diplomatic progress in the Middle East against cont…
