Cryptocurrency companies can keep paying interest-like rewards, say federal bank regulatorsThe new rules are part of the implementation of the GENIUS Act, which was signed into law last year and was meant to codify the rules and r...
Global Market | Safe-haven assets under pressure: Dollar, Swiss franc, German bonds and gold in focusSafe-haven demand is shifting amid AI-driven market volatility, geopolitical tensions, rising energy prices and mounting government debt. T...
Global Market: China's yuan hits four-year high on export strength, weak dollarChina’s onshore yuan touched a more than four-year high against the US dollar, supported by robust exports, resilient economic growth, fore...
Dollar on back foot as US yields, crude prices dip; Aussie buoyed by hawkish RBAThe US dollar is facing downward pressure with both Treasury yields and crude oil prices on the decline. Meanwhile, the Australian dollar i...
Global shares mostly decline after AI stocks lead a rebound on Wall StreetIn Asia, Japan's benchmark Nikkei 225 declined 1.3% to finish 64,075.42. Australia's S&P/ASX 200 lost 0.3% to 8,816.90. South Korea's Kospi...
Yen jumps after JGB auction draws big demand, euro finds reliefThe yen experienced a notable rise against the dollar, driven by unprecedented demand for long-term Japanese government bonds. In France, c...
Dollar and euro drift, yen slips as markets seek directionThe euro was steady at $1.1216, while the British pound rose 0.1% to $1.3308. The Australian dollar was up 0.1% at $0.6986, while its New Z...
Global Market: Euro falls as French political unrest, high energy prices weigh on sentimentThe euro weakened amid elevated energy prices and renewed French political uncertainty, while investors reassessed the outlook for US growt...
Global Market: China’s yuan hits four-year high as strong GDP data ease stimulus concernsChina’s yuan strengthened to a four-year high against the US dollar following stronger-than-expected third-quarter economic growth and impr...
Rupee rises 20 paise to 94.79 against US dollar in early tradeThe rupee reached 94.79 against the US dollar following structural forex interventions by the Reserve Bank of India. Elevated crude oil pri...
USD rate: Why is US Dollar down from 18-month peak?USD rate: Government bonds rallied and the dollar pulled back, reflecting cautious remarks from Federal Reserve officials that further cool...
Mortgage rates: Why has long term US home loan rate hit highest level in 3 years. Check impact on home loan borrowersUS Home Loan rate: The recent string of mortgage rate increases snapped as the 10-year Treasury yield pulled back from its highest level si...
Rupee rises for fourth straight day, closes at 95.15The Indian rupee closed at 95.15 against the US dollar, marking the fourth consecutive day of gains. It reached an intra-day peak of 94.77,...
Gold price today: Why is gold rate down? What to expect in November, December?Gold rate prediction: While gold is typically seen as a hedge against inflation, higher interest rates tend to diminish the appeal of non-y...
Global semiconductor stocks sell-off over AI boom worries pulls Asian shares lowerGlobal equities showed mixed performance, with Asian markets notably declining due to major setbacks in semiconductor stocks. A steep fall ...
Rupee jumps 82 paise to 94.96 against US dollar in early tradeIn early trading, the rupee appreciated by 82 paise against the US dollar, hitting 94.96, thanks to strategic moves by the Reserve Bank of ...
Rupee jumps 1% as RBI curbs dollar demandThe rupee rallied nearly 100 paise or 1% to 95.77 against the US dollar on Monday, bouncing back from a near all-time low after the RBI cla...