Investment guide

Metabolic health-solutions company ReShape Lifesciences (RSLS) and Vyome Therapeutics, Inc., announced Tuesday that they have entered into a definitive merger agreement under which ReShape and Vyome will combine in an all-stock transaction. The combined company will focus on advancing the development of its immuno-inflammatory assets and on identifying additional opportunities between the world-class Indian innovation...

Visa, Inc. (V) and HSBC Holdings plc (HSBA.L) announced Tuesday the technological collaboration in support of HSBC Group\'s new international payments app, Zing. The app successfully launched in the U.K. in January 2024 and will expand to additional markets in the near future. Zing enables users to hold funds in over 10 different currencies, send...

Federal Reserve Chair Jerome Powell appeared before the Senate Banking Committee on Tuesday and said more good data would strengthen the central bank\'s confidence inflation is moving sustainably toward its 2 percent target and lead to a potential interest rate cut. \"The Committee has stated that we do not expect it will be appropriate to...

The Japanese yen weakened against other major currencies in the Asian session on Wednesday. The yen declined to a 32-year low of 174.75 against the euro and a 33-year low of 108.92 against the Australian dollar, from yesterday\'s closing quotes of 174.41 and 108.72, respectively. Against the pound and the Swiss franc, the yen slid...

New Zealand\'s central bank maintained its benchmark rate as widely expected on Wednesday and softened its hawkish stance as inflation is forecast to return to the target range over the second half of the year. The Monetary Policy Committee of the Reserve Bank of New Zealand decided to hold the Official Cash Rate at 5.50...

The New Zealand dollar weakened against other major currencies in the Asian session on Wednesday, as market spurred bets on early policy easing after the central bank viewed that inflation would return to target during the second half of this year. The Reserve Bank of New Zealand maintained its benchmark rate as widely expected and...

Asian shares ended mixed on Wednesday, with Japanese markets reaching another record high, buoyed by a weaker yen and strong gains in technology shares as Nvidia supplier TSMC\'s sales surged past expectations on AI infrastructure demand. The dollar recovered from a three-week low and Treasury yields rose slightly as investors eyed the second round of...

German stocks edged up slightly on Wednesday after Federal Reserve Chair Jerome Powell suggested the case for interest-rate cuts is becoming stronger due to slowing inflation. The closely watched monthly U.S. inflation report is due on Thursday, with analysts expecting core consumer prices to hold steady in June. The benchmark DAX was up 64 points,...

French stocks eked out modest gains on Wednesday after French political leaders from the left-wing bloc said they intended to form a government. However, centrists pointed out that should play a role as the left lacked a majority. The benchmark CAC 40 was up 25 points, or 0.3 percent, at 7,535 after losing 1.6 percent...

Indian shares may open a tad lower on Monday, tracking weak cues from other Asian markets as French elections pointed to a hung parliament. A loose alliance of left-wing parties has won the most seats in France\'s high-stakes legislative elections Sunday but failed to win a majority. Closer home, stock and sector-specific action is likely...