The Dollar Index recorded minor gains during the week ended June 28 in the backdrop of a softening in PCE-based inflation readings. Persisting weakness in the Japanese yen also boosted the 6-currency index. In the past week, the U.S. dollar weakened against the euro, but the Australian dollar as well as the Canadian dollar held...
The manufacturing sector in China continued to expand in June, and at a faster pace, the latest survey from Caixin revealed on Monday with a manufacturing PMI score of 51.8. That\'s up from 51.7 in May, and it moves further above the boom-or-bust line of 50 that separates expansion from contraction. Manufacturing output expanded at...
Indian shares look set to open marginally higher on Monday after data showed foreign portfolio investors (FPIs) turned net buyers in June, following two months of net outflow. FPIs bought shares worth Rs 26,565 crore on a net basis in the month, driven by political stability and a sharp rebound in markets aided by aggressive...
Indian shares closed higher on Monday, mirroring gains in other Asian and European markets after the first round of voting left Le Pen\'s National Rally looking short of securing a majority in parliament, helping ease concerns about further strains on the country\'s public finances. President Emmanuel Macron has called for a \"broad\" alliance against the...
The number of mortgages approved by British lenders declined in May on higher mortgage rates, data published by the Bank of England showed on Monday. Mortgage approvals, an indicator of future borrowing, decreased to 60,000 in May from 60,800 in April. Approvals were forecast to fall to 59,900. The effective interest, which is the actual...
Altair (ALTR) announced Monday it has entered into a definitive agreement to acquire all of the outstanding capital stock of Metrics Design Automation Inc., a Canadian company with a game changing simulation as a service (SaaS) business model for semiconductor electronic functional simulation and design verification. The financial terms of the deal were not disclosed....
Booz Allen Hamilton (BAH) announced Monday it was awarded a seven-year, $419 million contract with the National Science Foundation (NSF) for Information Technology Mission Application Support (ITMAS). Under this contract, Booz Allen will provide end-to-end systems development, operations, and maintenance for over 20 NSF mission-critical custom applications in support of NSF\'s end-to-end grants lifecycle by...
The Toro Co. (TTC), through its wholly-owned subsidiaries Toro Australia Pty Ltd and Toro Australia Group Sales Pty Ltd based in South Australia, announced Monday the sale of its Pope Products residential garden watering and irrigation business to The AMES Company, Inc., a subsidiary of Griffon Corp. (GFF). Pope irrigation and garden watering products are...
IceCure Medical Ltd. (ICCM) announced Monday it has received marketing authorization from the U.S. Food and Drug Administration (FDA) for its next-generation single probe cryoablation system, the XSense Cryoablation System with CryoProbes. XSense and its cryoprobes are cleared for all of the indications for which ProSense has already received the requisite FDA clearance, including general...
The China stock market has climbed higher in two of three trading days since the end of the five-day losing streak in which it had stumbled almost 80 points or 2.7 percent. The Shanghai Composite Index now sits just beneath the 2,970-point plateau although it may see renewed selling pressure on Monday. The global forecast...