Dollar poised for steep weekly fall, dollar-yen snaps below 150Cooler-than-expected U.S. inflation data on Tuesday and Wednesday reset market expectations for how soon the Federal Reserve will cut rates...
17 Nov, 2023, 09.40 PM IST
Goldman leads new funding for Fnality blockchain payments firmUK-based Fnality seeks to bridge the gap between mainstream and digital finance to cut the time and cost of settling, managing collateral a...
14 Nov, 2023, 10.02 AM IST
Canada to change how it counts foreign students, workers amid housing crunchCanada's main statistics agency, Statistics Canada, has announced that it will change the way it counts non-permanent residents in response...
01 Sep, 2023, 12.21 PM IST
Canada's May unemployment rate rises for first time in nine months to 5.2%After the jobs figures, money markets continued to price in another interest rate hike, potentially as soon as July, and many analysts fore...
09 Jun, 2023, 07.45 PM IST
Sterling breaks above $1.25 for first time since JuneSterling gained strength, breaching $1.25 for the first time since June, despite a warning of an upcoming interest rate cut from Bank of En...
04 Apr, 2023, 06.27 PM IST
Canada's tech startups face financing hurdles with SVB collapseSVB's Canadian division, which received a license to operate in 2019, competed against other banks and private lenders to help finance the ...
14 Mar, 2023, 10.11 AM IST
Dollar pares gains on falling U.S. labor costs, before Fed decisionDespite the fact that it came in below expectations, objectively speaking it's still a pretty firm print that means that the Fed is still g...
31 Jan, 2023, 10.07 PM IST
Euro drops to 20-year low, approaches parity with dollar"The most proximate concern for markets is whether or not Nord Stream 1 is going to come back online," said Bipan Rai, North American head ...
11 Jul, 2022, 07.44 PM IST
Acclime acquires corporate services consultancy Concept International Business ConsultingAcclime is the premier corporate services provider in Asia, operating in ten key Asian jurisdictions including China, Hong Kong, Malaysia, ...
24 Jun, 2022, 10.42 AM IST
Dollar retreats from two-month highs after Fed rallyThe dollar has surged since the US central bank on Wednesday said that policymakers are forecasting two rate hikes in 2023. That led invest...
21 Jun, 2021, 08.45 PM IST
Canada loses more jobs than expected in May as lockdowns weigh on the economySome 68,000 jobs were lost in May, more than the average analyst prediction for a loss of 20,000. The unemployment rate climbed to 8.2%, in...
04 Jun, 2021, 07.12 PM IST
Dollar dips on stimulus optimism, bets on Biden victoryThe dollar index against a basket of major currencies fell 0.34% to 93.23, the lowest since September 21. It has held within a range from 9...
09 Oct, 2020, 08.01 PM IST
Currency markets resume risk-on rally, shrugging off US-China consulate spatThe move marked a deterioration in U.S.-China relations, which have become more fraught since the outbreak of COVID-19.
22 Jul, 2020, 07.40 PM IST
Dollar gains on euro as EC criticizes Italian budgetThe dollar was also supported by hawkish minutes from the Federal Reserve's September meeting released on Wednesday
19 Oct, 2018, 07.52 AM IST
- Sutherland close to buying out Adventity
Sutherland Global Services, a multi-national BPO provider with significant offshore operations in Chennai, Kochi and Mumbai is close to acq...
06 May, 2010, 08.33 PM IST
- Orascom Telecom gains, leading Egypt shares up
Shares of Orascom Telecom, Africa's third-largest mobile operator by market value, rose for the second time in three sessions on Sunday as ...
15 Jun, 2008, 06.11 PM IST
- Oil prices barrel ahead toward $100: Analysts
Analysts say the forces pushing up prices show no signs of easing, with $100-a-barrel oil a possibility in 2008.
07 Oct, 2007, 09.38 AM IST