AUD/USD depreciates after opening at a bullish gap, remaining in the positive territory and trading around 0.7030 during the Asian hours on Monday. The currency pair maintains its gains as the Australian Dollar (AUD) re…
The NZD/USD pair holds positive ground near 0.5890 during the Asian trading hours on Monday. The New Zealand Dollar (NZD) remains firm despite the downbeat Chinese economic data. Traders will closely monitor the develop…
The AUD/JPY cross turns lower for the fifth straight day after a modest uptick to the 111.20 region on Monday and drops to its lowest level since early April during the Asian session. Spot prices currently trade around …
GBP/USD holds losses after three days of gains, trading around 1.3470 during the Asian hours on Monday. The currency pair may regain its footing as the US Dollar (USD) struggles under easing risk aversion, driven by hop…
China's RatingDog Manufacturing Purchasing Managers' Index (PMI) eased to 50.9 in July from 51.7 in June the latest data published by RatingDog showed on Monday. The market forecast was for a 51.5 reading.
Gold price (XAU/USD) attracts some buyers to around $4,060 during the early Asian session on Monday. The precious metal edges higher amid hopes of a breakthrough between the United States (US) and Iran after reports tha…
The USD/JPY pair tumbles to near 155.45, the lowest since May 6, during the early Asian trading hours on Monday. The Japanese Yen (JPY) attracts some buyers following reports of more joint intervention by the United Sta…
Atsushi Mimura, Japan’s Vice Finance Minister for International Affairs and top foreign exchange official, said that joint intervention could mark the peak of US-Japan currency partnership, Reuters reported on Monday. M…
West Texas Intermediate (WTI) crude oil price gains ground after opening with a bearish gap, remaining nearly 7% down to trade around $79.30 per barrel during Asian hours on Monday. This sharp drop in oil prices followe…
Japan's Finance Minister Satsuki Katayama said on Monday that Japanese authorities conducted coordinated Yen-buying intervention with the United States (US) on Friday, adding that officials will not hesitate to carry ou…
Aug 2 (Reuters) - Italian cable maker Prysmian is in advanced talks to acquire U.S. electrical products maker Atkore, Bloomberg News reported on Sunday, citing people familiar with the matter.
The USD/JPY pair recovers some lost ground to near 157.65, snapping the three-day losing streak during the early Asian trading hours on Monday. Traders remain on high alert for further intervention from the US and Japan…
The Organization of Petroleum Exporting Countries and its allies (OPEC+) agreed on Sunday to boost oil production by 188,000 barrels a day (bpd) from September, against a backdrop of disruption caused by the Mideast war.
The AUD/USD pair gains ground to near 0.7040 during the early Asian session on Monday. The Australian Dollar (AUD) strengthens against the US Dollar (USD) on improved risk sentiment after the reports that US President D…
On July 31, South Korea's KOSPI index recorded a historic 17.91% single-day gain, driven by US AI sector strength and a short squeeze. Despite this, the index remains below pre-selloff levels. The market’s extreme volat…
Last month, when President Donald Trump signed an executive order “guaranteeing fair banking for all Americans,” he served notice of a coming federal crackdown.
Sports-related products are the fastest growing consumer category in China and participation in sports and exercise is at its highest level in decades. The overall sportswear market has ballooned 51% in the past five ye…
Former Republican Rep. Marjorie Taylor Greene has shared a new photo with Tucker Carlson, Rep. Thomas Massie and Joe Kent, adding fresh momentum to discussions about launching a new political party.
REUTERS—The United States on Friday banned imports from 43 more companies over alleged human rights abuses of Uyghur and other minority groups, including Hunan Aihua Group, one of China’s largest capacitor manufacturers…
[BEIJING] Chinese electric vehicle maker BYD posted a second consecutive month of global sales growth in June, as a surge in exports helped offset weak demand in its home market.
U.S. stocks are rebounding from last week’s selloff, but investors continue to face uncertainty from geopolitical tensions, inflation concerns and elevated expectations for artificial intelligence-related companies. Ris…
We have come a long way with more than 85% of the Fortune 500 using Microsoft AI solutions to shape their future. With 66% of CEOs reporting measurable business benefits from generative AI initiatives, particularly in e…