Australian shares are trading slightly higher on Wednesday, snapping the four-session losing streak, with the benchmark S&P/ASX 200 staying above the 7,600 level, following the mixed cues from Wall Street overnight, with gains in gold miners, financial and energy stocks nearly offset by losses in iron ore miners. The benchmark S&P/ASX 200 Index is gaining...
The Indonesia stock market returned from its long break for Eid-ul-Fitr by snapping the two-day winning streak in which it had jumped more than 120 points or 1.7 percent. The Jakarta Composite Index now sits just beneath the 7,165-point plateau and it may take further damage on Wednesday. The global forecast for the Asian markets...
Ahead of the long weekend for the Songkran Festival, the Thai stock market had ended the three-day winning streak in which it had rallied more than 35 points or 2.5 percent. The Stock Exchange of Thailand now sits just above the 1,395-point plateau and it\'s likely to open under pressure again on Wednesday. The global...
Indian markets remain closed today on account of Ram Navami. Benchmark indexes Sensex and Nifty ended down around 0.6 percent each on Tuesday to extend losses for a third straight session while the rupee plunged to a record closing low of 83.54 against the dollar. Asian markets were flat to slightly lower this morning after...
Unemployment from the UK and economic confidence from Germany are the top economic news due on Tuesday. At 2.00 am ET, the Office for National Statistics releases UK unemployment and average earnings data for February. The jobless rate is forecast to rise to 4.0 percent in three months to February from 3.9 percent in the...
Tech major Microsoft Corp. is investing $1.5 billion in UAE-based artificial intelligence or AI technology holding company G42 as part of its initiatives to accelerate AI development and global expansion. The investment would enhance the UAE\'s position as a global AI hub. With the collaboration, the companies expect to share the benefits of secure AI...
European stocks are likely to open on a sluggish note Tuesday as investors ponder over a wider Middle East conflict and the outlook for U.S. interest rates. Israel is weighing possible response actions to Iran\'s aggression, but it is not clear if a decision has been made. Diplomatic options are also on the anvil as...
PAXG reached an all-time high of $2,855 on April 13 amid the ongoing conflict in the Middle East following the missile and drone attack. PAXG’s price performance over the weekend has led to questions about Bitcoin’s value as a geopolitical hedge. While the PAXG token climbed to its all-time highs, Bitcoin’s price plummeted from $67,140...
Popular Bitcoin critic Peter Schiff predicted on April 14 a potential slump in BTC’s price to $20K. He also warned that Microstrategy, the largest corporate holder of Bitcoin, could potentially lose an estimated $2.7 billion if the price crashes. Peter Schiff disclosed his Bitcoin price prediction in an X post while stressing the importance of...
Northern Trust Corp. (NTRS) reported Tuesday that its first-quarter net income applicable to common stock declined 38 percent to $198.5 million from last year\'s $318.4 million, with earnings per share decreasing 37 percent to $0.96 from $1.51 last year. On average, 14 analysts polled by Thomson Reuters expected the company to report earnings of $1.44...