Gold (XAU/USD) holds above the $4,100 mark during the Asian session on Thursday and, for now, seems to have stalled the previous day's modest pullback from an over two-week high. Crude oil prices climb to a fresh high s…
The USD/CAD pair remains on the defensive below the 1.4100 mark during the Asian session on Thursday amid a combination of factors. However, the lack of follow-through selling warrants caution before confirming that thi…
AUD/JPY gains ground after recovering daily losses, trading around 114.30 during the Asian hour on Thursday. The currency cross receives support as the Australian Dollar (AUD) gains ground following the release of impro…
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 6.7906 compared to the previous day's fix of 6.7933 and 6.7712 Reuters estimate.
According to a majority of economists in a Reuters poll, the Bank of Japan (BoJ) will raise its interest rate again by the end of December and possibly as soon as October, keeping further rate rises in view through next…
SEOUL, July 23 (Reuters) - Hyundai Motor reported a 21% fall in second-quarter operating profit on Thursday, missing analysts' estimates, as weaker vehicle sales, production disruptions and higher costs outweighed su…
The collapse of Spirit Airlines, the scrappy low-cost carrier, underscores the fragile economics of air travel amid $4-per-gallon jet fuel and high crude prices.
Speculation that Elon Musk could combine privately held SpaceX with Tesla (TSLA) within a decade puts the odds at over 50%.
Pizza wars, sham contracts, business collapses and underpayment of wages have plagued workers and franchisees across the $4 billion pizza sector since the introduction of cheap pizzas four years ago.
Gold price (XAU/USD) trades in positive territory around $4,125 during the early Asian session on Thursday. The precious metal extends its recovery as ongoing geopolitical uncertainties continue to underpin safe-haven d…
Japanese Finance Minister Satsuki Katayama reiterated on Thursday that his government was “ready to take decisive action on foreign exchange as needed.”
The Pound's week-long slide slowed to a crawl on Wednesday, and it picked an odd session to do so, because the June inflation report handed sellers their cleanest argument yet. GBP/USD tagged the 1.3350 area in early Ne…
Silver (XAG/USD) attracts fresh buyers near the $58.25-$58.20 zone during the Asian session on Thursday, stalling the previous day's modest pullback from the $61.00 neighborhood, or an over two-week high. The white meta…
The AUD/NZD cross attracts fresh buyers following the release of the monthly Australian jobs report and climbs to a one-and-a-half-week high, around the 1.2060-1.2065 region, during the Asian session on Thursday. Spot p…
A partial “decoupling” of U.S. and Chinese technology ecosystems is well underway. Without a clear strategy, Washington risks doing too little or—more likely—too much to curb technological interdependence.
Iran’s Foreign Minister Abbas Araghchi said that Tehran would respond in kind to any attack on its infrastructure after US President Donald Trump threatened to bomb a bridge or power plant for every ship targeted in the…
The AUD/USD pair holds positive ground near 0.7010 during the Asian trading hours on Thursday. The Australian Dollar (AUD) edges higher against the US Dollar (USD) following Australia’s employment data. Traders will clo…
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The EUR/USD consolidates near 1.1400 late on Wednesday, up a modest 0.08%, as it consolidates, with the shared currency failing to capitalise on overall US Dollar weakness across the board.
NZD/USD trades lower near the 0.5820 area on Wednesday, extending its recent pullback as the New Zealand Dollar (NZD) struggles to benefit from stronger-than-expected domestic inflation data.
Australia’s Unemployment Rate stayed at 4.4% in June, according to the official data released by the Australian Bureau of Statistics (ABS) on Thursday. The figure came in line with the market consensus of 4.4%.
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note USD/SGD is trading just above 1.29 after a quiet session, with momentum only tentatively firmer. They expect intraday consolidation between 1.2900 and 1.2…
The European Commission has cleared Paramount and Warner Bros. Discovery’s pending $110 billion merger, subject to full compliance with commitments previously offered by the David Ellison-led media giant.
Commerzbank’s FX research notes USD/CNY trading around 6.77, slightly lower on the day. The combination of weaker Chinese growth and expectations of further policy easing is seen generating a modest depreciation bias fo…
