Price of gold increases on the commodity market

The price of gold on the commodity market has been increasing since last week, and continued this week, which is the 42nd one of 2021, meaning that gold is in a bull...

Dollar at one-month trough as traders see global rates rising

By Tom Westbrook SINGAPORE (Reuters) - The dollar slipped on Monday, as traders weighed the prospect of inflation hastening the pace of rate hikes outside the United States, with a wary eye on commodity prices,...

Dollar Down, Steadies as Investors Gauge Interest Rate Hike Pace

By Gina Lee Investing.com – The dollar was down on Monday morning in Asia, steadying after its steepest weekly loss in more than a month, as investors gauge the relative pace of interest rate hikes...

Markets Week Ahead: Nasdaq 100, Tech Earnings, Euro, ECB, Canadian Dollar, BoC, Yen, BoJ

Global risk appetite was mixed last week, depending on what continent you were looking at. On Wall Street, the Dow Jones, S&P 500 and Nasdaq 100 gained about 1.11%, 1.64% and 1.38% respectively. Tech stocks saw a hiccup following disappointing...

Weekly Fundamental Gold Price Forecast: Rising Inflation Expectations Buoy Bullion

GOLD PRICES WEEK IN REVIEW Gold gained across the board last week as rising G10 inflation expectations outpaced gains in sovereign bond yields – including US Treasury yields. Gold in USD-terms (XAU/USD) added +1.42%, which...

Did Jerome Powell Jump Scare The Major Stock Indices?

Stock Indices Daily Chart Friday, the chair of the Federal Reserve—Jerome Powell—spooked the market when he announced that the Fed would keep rates near zero and continue with its tapering schedule. Though the market cannot blame...

China’s Evergrande resumes work on more than 10 projects

BEIJING (Reuters) -China Evergrande Group said on Sunday it had resumed work on more than 10 projects in six cities including Shenzhen - a statement that comes after it appeared to avert default with...

Tesla hikes price of Model X, Model S variants by $5,000

(Reuters) - Tesla (NASDAQ:TSLA) Inc has increased the price of its Model X Long Range and Model S Long Range variants by $5,000, the electric-car maker's website showed on Saturday. The Model X Long Range...

Top oil exporter Saudi Arabia targets net zero emissions by 2060

By Yousef Saba, Saeed Azhar and Marwa Rashad RIYADH (Reuters) -Saudi Arabia's crown prince said on Saturday that the world's top oil exporter aims to reach "net zero" emissions of greenhouse gases, mostly produced by...

Aramco aims for net zero emissions from operations by 2050, CEO says

By Yousef Saba and Saeed Azhar RIYADH (Reuters) -Saudi Aramco aims to achieve net zero emissions from its operations by 2050 while also expanding its maximum sustained production capacity to 13 million barrels per day,...

US Dollar Forecast: Greenback Vulnerable to Slowdown in US GDP

US DOLLAR TALKING POINTS The US Dollar Index (DXY) depreciates for the second week after snapping the opening range for October, and fresh data prints coming out of the US may keep...

First Bitcoin futures exchange-traded fund launches

On Tuesday, 19 October 2021, the first American Bitcoin futures exchange-traded fund is launched, a milestone for the cryptocurrency industry. ETF ProShares will provide exposure to Bitcoin futures contracts-agreements to buy or...

Facebook plans rebrand with new name, says The Verge

(Reuters) -Facebook Inc, under fire from regulators and lawmakers over its business practices, is planning to rebrand itself with a new name that focuses on the metaverse https://www.reuters.com/technology/what-is-metaverse-2021-10-18, the Verge reported on Tuesday. The name...

Australia stocks higher at close of trade; S&P/ASX 200 up 0.53%

Investing.com – Australia stocks were higher after the close on Wednesday, as gains in the IT, Financials and Industrials sectors led shares higher. At the close in Sydney, the S&P/ASX 200 rose 0.53% to hit a new 1-month high. The best performers of...

Yen skids to four-year low as stocks rally with Treasury yields

By Kevin Buckland TOKYO (Reuters) - U.S. bonds drove currencies on Wednesday, with a rise in long-term rates pushing the dollar to an almost four-year high on the yen, but a decline in shorter-dated yields...

Dollar Down, U.S. Bonds and Global Shares Rally Decrease Safe-Haven Demand

By Gina Lee Investing.com – The dollar was down on Wednesday morning in Asia, with U.S. bonds impacting currencies. The dollar and yen also came under pressure from a global shares rally that decreased demand...

Exclusive: Investor group to pressure utilities on net zero emissions deadline

By Jessica DiNapoli NEW YORK (Reuters) - A coalition of investors with more than $60 trillion in assets under management is preparing to call on electric utility companies globally to move up their timeline by...

Nasdaq 100 Outlook: Tech Stocks Continue Higher as Netflix Posts Strong Q3 Results

Netflix shares gained in the after hours session following an impressive earnings release for the third quarter. The streaming behemoth beat the consensus earnings estimate and also posted strong paid subscriber growth. Revenues:$7.48 billion...

Oil remains near multi-year highs as energy crunch persists

By Stephanie Kelly NEW YORK (Reuters) - Oil futures rose on Tuesday and were near multi-year highs as an energy supply crunch continued across the globe, while falling temperatures in China revived concerns over whether...

Mexican Peso Outlook: Improved Risk-Appetite Hammers USD/MXN as EMFX Gains Ground

After briefly hitting a six-month high near 20.90 last week, USD/MXN has embarked on a major pullback, erasing most of its rally since late September, dragged down by a rebound in risk appetite. In the U.S.,...

European stocks inch up as tech gains offset losses in Ericsson

By Anisha Sircar, Sruthi Shankar and Susan Mathew (Reuters) -Some positive earnings and defensive buying kept Europe's main stock index in the black on Tuesday, helping offset losses in Sweden's Ericsson (BS:ERICAs) and French consumer...

Australia stocks lower at close of trade; S&P/ASX 200 down 0.08%

Investing.com – Australia stocks were lower after the close on Tuesday, as losses in the Metals & Mining, Resources and Materials sectors led shares lower. At the close in Sydney, the S&P/ASX 200 declined 0.08%. The best performers of the session on the S&P/ASX...

2 Companies To Watch Through Thursday’s Trading Session

IWM-SPY-DIA-QQQ Charts Earnings season has taken the stage for the next couple of weeks as the market steadies itself for another move higher. Of course, another push higher means that companies will need to outperform or...

Fed’s minutes reveal the future of bonds

According to the published minutes from the Federal Open Market Committee (FOMC) meeting, which took place on 21 and 22 September 2021, the central bank could start to reduce the rate of...

Price of WTI oil exceeds US$ 80 per barrel

The price of the US West Texas Intermediate (WTI) crude oil fell close to midnight in the United States on Monday, 11 October 2021, but was still trading above US$ 80 per barrel....

Toyota cuts global vehicle production plan for November by 15%

TOKYO (Reuters) -Toyota Motor Corp on Friday cut its planned global output for November by as much as 15% due to ongoing chip shortages, but indicated it would ramp up production from December by...

Asian shares track Wall St gains but China worries weigh

By Huw Jones LONDON (Reuters) - Shares rose on Friday, buoyed by stellar corporate earnings results, but strong oil prices and stalling car sales in Europe were a reminder of headwinds for the world economy. The...

Dollar set to snap 5-week streak but yen hits lowest in almost 3 years

By Tommy Wilkes LONDON (Reuters) - The Japanese yen skidded to a three-year low on Friday and was set for its worst week since March 2020, while the dollar headed for its first weekly decline...

Dollar Down, Set to Break Upward Trend as Risk Appetite Returns

By Gina Lee Investing.com – The dollar was down on Friday morning in Asia, set for its first weekly decline since the start of September. It retreated from a one-year high as investors focus on when the...

Mexican Peso Outlook: USD/MXN Bullish Impetus Wanes as Yields Retreat. New Trend?

Volatility in the EMFX space has been high following the September FOMC meeting, as the sudden and outsized rise in U.S. bond rates has bolstered demand for the US dollar, while simultaneouslyspurring some risk aversion. During this period, USD/MXN briefly spiked from...

In Taiwan tea country, a scramble to adapt to extreme weather

By Ann Wang MEISHAN/TAOYUAN, Taiwan (Reuters) - Chien Shun-yih looks out over his withering tea fields in Taiwan's picturesque southern Meishan township and lets out a sigh. A once-in-a-century drought last year followed by torrential rain...

Britain calls for 800 foreign butchers to avoid pig cull

By Guy Faulconbridge LONDON (Reuters) -Britain will offer six-month emergency visas to 800 foreign butchers to avoid a mass pig cull, it said on Thursday, after farmers complained that an exodus of workers from abattoirs...

Exchange rate of the US dollar rises

Once again the US dollar (USD) has become a safe haven for investors after US Senate lawmakers averted the risk of US insolvency and approved the debt limit of the Biden administration....

KKR, Allianz, Axa to bid on Red Electrica’s fibre unit, Expansion says

MADRID (Reuters) - KKR, Axa and Allianz (DE:ALVG) will participate in an auction for a 49% stake in the fibre-optic subsidiary of Spanish grid operator Red Electrica, newspaper Expansion reported on Monday, citing unnamed...

Asia shares up, rising yields lift dollar as oil surges

By Wayne Cole SYDNEY (Reuters) - Asian shares edged higher on Monday courtesy of gains in China which also helped U.S. stock futures pare early losses, while rising Treasury yields lifted the dollar to a...

Dollar nears 3-year high against yen as markets retain bets on Fed taper

By Hideyuki Sano and Alun John TOKYO/HONG KONG (Reuters) - The dollar rose to its highest in nearly three years versus the yen on Monday as investors remained confident the U.S. Federal Reserve will announce...

Dollar Up, with Fed Plans for Tapering Unaltered by Disappointing U.S. Jobs Report

By Gina Lee Investing.com – The dollar was up on Monday morning in Asia, hitting a two-and-a-half-year high versus the yen. Figures from the latest U.S. report did not alter market expectations that the U.S. Federal...

Markets Week Ahead: Dow Jones, Canadian Dollar, Crude Oil, BTC/USD, US CPI, FOMC Minutes

Market sentiment ended on an upbeat this past week. On Wall Street, the Dow Jones, S&P 500 and Nasdaq Composite closed +1.22%, +0.79% and +0.09% over the past 5 trading sessions. European markets also climbed, with the FTSE 100 and Euro Stoxx 50 rising...

S&P 500, DAX 40 Forecasts for the Week Ahead

S&P 500 | TAPER EXPECTATIONS PRETTY SOLID DESPITE WEAK NFP After a rebound at the start of the week, the S&P500 was struggling to find further bullish momentum on Friday despite a softer NFP headline,...

3 Stocks to Watch In The Coming Week: JPMorgan, Delta Air, Walgreens Boots

Amid supply-chain obstacles and surging inflation, the upcoming week will be mostly about earnings, as some of the nation's largest companies release their third-quarter financial numbers. The season is expected to produce another strong quarter, mainly...

1 Stock To Buy, 1 To Dump When Markets Open: Tesla, Robinhood

Stocks on Wall Street ended lower on Friday, but the benchmark S&P 500 index still scored a weekly gain as disappointing monthly U.S. employment data failed to dent risk appetite. S&P 500 Chart The week ahead is expected to be...

Are Investors Worried Over The Latest Jobs Report?

The recent jobs report came in less than expected with analysts’ estimates running anywhere from 250,000 to 500,000 new jobs created. Disappointingly, employers added only 194,000 jobs in September. Although the numbers mean slower progress towards the...

First Berlin Teslas could come next month, Musk tells fans

By Nadine Schimroszik GRUENHEIDE, Germany (Reuters) -The first cars to emerge from Tesla (NASDAQ:TSLA)'s new Berlin factory should roll off the production line as early as next month, CEO Elon Musk said at the site...

Bitcoin exchange value exceeds US$ 50,000

During the European Tuesday evening of 5 October 2021 the virtual currency or cryptocurrency Bitcoin (BTC) exceeded the exchange rate of US$ 50,000 per BTC, when it traded at US$ 50,400 per...

Shareholders push for Australia’s banks to stop fossil fuel funding

By Paulina Duran SYDNEY (Reuters) -A group of shareholders filed climate change resolutions with three of Australia's Big Four banks on Thursday, asking them to abide by their self-declared support for net-zero emissions by 2050...

Russia’s Gazprom feels the heat over Europe’s red-hot gas prices

By Katya Golubkova and Vladimir Soldatkin MOSCOW (Reuters) -Europe's biggest gas firms say the continent's top supplier Gazprom (MCX:GAZP) is fulfilling its long-term contracts yet the Russian energy giant remains at the centre of a...

Dollar Down, but Near 14-Month High Against Euro over ‘deafening’ Nat Gas Talk

By Gina Lee Investing.com – The dollar was down on Thursday morning in Asia, but remained close to a 14-month high against the euro. Investor concerns that surging energy prices, and the resultant inflation, could...

Dollar holds near 14-month high to euro on inflation fears

By Ritvik Carvalho LONDON (Reuters) - The dollar held close to a 14-month high against the euro on Thursday, as a surge in energy prices raised the risk that the U.S. Federal Reserve would act...

Inflation will continue to rise until 2022

According to the central bankers of the world's developed economies, inflation is expected to rise until 2022. This view is shared by the current head of the US Federal Reserve System (Fed)...

Japan’s Takeda says ‘human error’ caused contamination of Moderna vaccines

By Rocky Swift TOKYO (Reuters) - Japan's Takeda Pharmaceutical Co Ltd said on Friday that "human error" caused metal contaminants to get into Moderna (NASDAQ:MRNA) Inc COVID-19 vaccine doses, leading to a recall. Takeda, which imports and distributes...

Bolsonaro suggests government proceeds from Petrobras could ease fuel prices

(Reuters) - Brazilian President Jair Bolsonaro said on Thursday that profits from state-run oil firm Petrobras could be used to alleviate rising fuel prices in the country, among possibilities for confronting higher prices. Fuel prices...

Bitcoin rises 5.2% to $43,717

(Reuters) - Bitcoin was up 5.23% at $43,716.97 as of 22:08 GMT on Thursday, adding $2,174.07 to its previous close. The world's biggest and best-known cryptocurrency has gained 57.6% from the year's low of $27,734 on Jan....

Central Bank Watch: BOC, RBA, & RBNZ Interest Rate Expectations Update

CENTRAL BANK SHUFFLE In this edition of Central Bank Watch, we’re examining the rates markets around the Bank of Canada, Reserve Bank of Australia, and Reserve Bank of New Zealand. While the RBNZ has already...

S&P 500, Nasdaq Forecast: Equity Pullback Deepens to Close Q3

Today marks the final day of both September and Q3 and for US equites, it was a month to forget. After starting the quarter with a bang in July and August both the S&P...

Dollar to End Month Near One-Year Highs as Yields Flourish in September

By Yasin Ebrahim Investing.com – The dollar is set to end the month sharply higher Thursday, riding a wave of positive headwinds including expectations for Treasury yields to continue their advance into year-end as the...

Gold Spikes at End-Sept; Too Little, Too Late for Month, Quarter

By Barani Krishnan Investing.com - Gold had one of its better days for September as the month ended. But the gain was too little, too late to be meaningful for the month or even the...

White House says top aide planned to discuss oil prices with Saudi Arabia

By Trevor Hunnicutt WASHINGTON (Reuters) -A senior aide to President Joe Biden raised the issue of oil prices in conversations this week with the leadership of top crude producer Saudi Arabia, according to the White...

Opening Bell: Futures, European Stocks Jump On U.S. Deal To Avoid Shutdown

Key Events US contracts on the Dow, S&P, NASDAQ and Russell 2000 and stocks in Europe rallied on Thursday following positive political news out of the US yesterday. A deal to avert a US government shutdown in October had been hammered...

Concern about the low demand for oil worries investors

Oil prices fell for the second day in a row during the early morning of 29 September 2021. According to economic correspondents this was caused by doubts regarding oil demand, in the...

Chief executive of VW’s truck unit Traton replaced by Scania boss

FRANKFURT (Reuters) -The chief executive of Volkswagen (DE:VOWG_p)'s truck unit Traton, Matthias Gruendler, will leave the business and will be replaced by the head of Traton subsidiary Scania, Christian Levin, who will lead both...

How global supply chains are falling out of fashion

By Elisa Anzolin and Silvia Aloisi MILAN (Reuters) - Fashion brands like Benetton are increasingly turning away from globe-spanning supply chains and low-cost manufacturing hubs in Asia, in a shift that could prove a lasting...

Dollar Down, but Near One-Year High as Fed Preps for Asset Tapering

By Gina Lee Investing.com – The dollar was down on Thursday morning in Asia, but was near a one-year high as the U.S. Federal Reserve prepares to begin asset tapering in November 2021. The U.S. Dollar Index that...

Dollar advances to one-year high; U.S. debt ceiling impact muted

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar surged on Wednesday to a one-year high against major currencies, boosted by increased expectations for a reduction in the U.S. Federal Reserve's asset purchases starting in November...

Mexican Peso Outlook: Banxico Seen Hiking Rates Again. How will USD/MXN React?

Banxico is expected to raise borrowing costs by 25 bp to 4.75% on Thursday, in what would be the third consecutive rate increase With the hike already discounted, traders will be more interested...

British pound strengthened slightly after BoE meeting

Thursday's meeting of the Bank of England (BoE) on 23 September 2021, the day after the meeting of the US Federal Reserve (Fed), left the current interest rate at a record low...

Australia challenges Google’s ad dominance, calls for data-use rules

By Byron Kaye SYDNEY (Reuters) -Australia's antitrust watchdog called for powers to curb Google's use of internet data to sell targeted ads, joining other regulators in saying the firm dominates the market to the point...

Nintendo says ‘Donkey Kong’ area to open in Universal Studios Japan in 2024

TOKYO (Reuters) -Japan's Nintendo Co Ltd (T:7974) said on Tuesday that a "Donkey Kong" themed expansion to its "Super Nintendo World" in the Universal Studios Japan theme park in Osaka will open in 2024. A...

Dollar, Yen Up as U.S. Bond Yields Hit Three-Month High

By Gina Lee Investing.com – The dollar was up on Tuesday morning in Asia, with the yen trading near an almost three-month low to the dollar, with rising U.S. bond yields attracting Japanese investors. The U.S. Dollar Index that tracks...

Yen weakens to 111 per dollar as U.S. Treasury yields soar

By Kevin Buckland TOKYO (Reuters) - The yen slumped to an almost three-month low to the dollar and a two-week trough versus the euro on Tuesday, as rising bond yields in the U.S. and Europe...

Bitcoin (BTC/USD), Ethereum (ETH/USD) Grind Away at Support

BITCOIN, ETHEREUM TALKING POINTS: Both Bitcoin and Ethereum continue to grind away at support. Bitcoin put in a probe of the 40k psychological level last week but has since held support a little higher on the chart. The...

Oil up on tight supply, Brent crude nears $80 a barrel

By Stephanie Kelly NEW YORK (Reuters) -Oil prices gained on Monday for a fifth straight day, with Brent at its highest since October 2018 and heading for $80, as investors fretted about tighter supplies because...

FX Week Ahead – Top 5 Events: Fed Chair Testimony; China Manufacturing PMI; Eurozone...

FX WEEK AHEAD OVERVIEW: The last days of September bring about a slew of important data releases from some of the world’s major economies. The US is in focus over the coming days with...

Gold Stuck at Mid-$1,700, But Ekes Out Gain for 2nd Day in Row

By Barani Krishnan Investing.com - Gold remained buried in mid-$1,700 territory on Monday, although a slight retreat in the dollar helped longs in the yellow metal book an anemic second straight day of gains after...

U.S. Treasury Fires A Missile At Cryptocurrencies; China Bans Them Again

This article was written exclusively for Investing.com. Governments may love blockchain, but they hate cryptos Sanctions for an exchange: aiding and abetting cyberattacks A smokescreen to protect control—China bans the asset class, again The...

Factbox: Major European SPAC listings this year

(Reuters) - Company flotations via so-called blank cheque firms, or SPACs, took U.S. markets by storm last year but Europe has been slow to embrace the way to list and traditional initial public offerings...

Electric supercars need to lose weight, power up and cool down

By Nick Carey and Giulio Piovaccari OXFORD (Reuters) - Speed has always been paramount for supercar makers, and now they're in the race of their lives to go electric before climate policy cuts their combustion...

Dollar, Yen Down as China Evergrande Fears Slowly Recede

By Gina Lee Investing.com – The dollar was down on Monday morning in Asia, while the yen, a fellow safe-haven asset, sank to its lowest level in nearly three months. Riskier assets, such as the Australian...

German SPD edges ahead of conservatives in vote to decide Merkel successor

By Thomas Escritt and Paul Carrel BERLIN (Reuters) -Germany's Social Democrats narrowly won Sunday's national election, projected results showed, and claimed a "clear mandate" to lead a government for the first time since 2005 and...

Markets Week Ahead: Dow Jones, USD/JPY, BTC/USD, China Crypto Crackdown, Evergrande

The Dow Jones, S&P 500 and Nasdaq 100 wrapped up a rosy week, rising about 0.75%, 0.64% and 0.14% respectively. This is considering that all 3 Wall Street benchmark stock indices erased prominent downside gaps at the beginning of...

Growth of US dollar begins to slow

The US dollar (USD) was close to half of its trade range during the European trading morning on Thursday, 16 September 2021, against its major competitors compared to previous months. Investors and...

China Evergrande Shares Slide Over 16% as Payment Obligation Deadline Looms

By Gina Lee Investing.com – China Evergrande Group (HK:3333) shares plunged over 16% on Monday. Losses at the developer continue to be heavy ahead of a fast-approaching deadline for payment obligations within the week, with investors not confident...

American Airlines, Microsoft join Gates-backed program to boost clean energy

(Reuters) - Several U.S. companies, including American Airlines (NASDAQ:AAL) Group Inc, General Motors (NYSE:GM) and Microsoft Corp (NASDAQ:MSFT), on Monday build on their commitment to clean energy by joining billionaire and Microsoft co-founder Bill Gates' Breakthrough...

Dollar Up as Central Banks, Including Fed, Prepare to Hand Down Policy Decisions

By Gina Lee Investing.com – The dollar was up on Monday morning in Asia. However, moves were small as key Asian markets were closed and a slew of central banks, including the U.S. Federal Reserve, prepare to...

Dollar creeps higher as Fed’s taper looms

By Tom Westbrook SINGAPORE (Reuters) - The dollar rallied to a month-high in Asia on Monday as looming catastrophe at indebted developer China Evergrande added extra nerves to a cautious mood, with investors bracing for...

Markets Week Ahead: US Dollar, FOMC, GBP/USD, BoE, USD/JPY, BoJ, AUD/USD, Chinese Debt Crisis

A wave of risk aversion caught traders by surprise last week, sending benchmark equity indexes and sentiment-sensitive currencies lower. Investors weighed Covid concerns and Chinese contagion risks against a faltering global economic recovery. Growth-sensitive...

3 Stocks To Watch In The Coming Week: Nike, Costco, FedEx 

Investors are likely to remain on the sidelines in the coming week amid concerns about surging inflation during a period which is historically weak for equities. The University of Michigan’s preliminary sentiment index showed last week that...

FOMC Preview – S&P 500 and DAX 30 Forecasts for the Week Ahead

There’s one event on everyone’s mind for next week: FOMC. The Federal Reserve will meet on Tuesday and Wednesday to discuss its monetary policy in the midst of a build-up in fundamental anticipation. The...

1 Stock To Buy, 1 To Dump When Markets Open: Adobe, Alibaba

Stocks on Wall Street closed lower on Friday, with the benchmark S&P 500 index declining for the second week in a row as investors await the Federal Reserve's timeline for tapering asset purchases. S&P 500 Daily Chart The...

Taiwan threatens to take China to WTO in new spat over fruit

TAIPEI/BEIJING (Reuters) -Taiwan threatened to take China to the World Trade Organization on Sunday after Beijing said it would suspend sugar apple and wax apple imports from the island on pest concerns, in the...

The ETF Portfolio Strategist: Another (Mostly) Down Week For Global Markets

Losses continued to weigh on global markets this past week But not entirely. Another recurring feature last week: Japan stocks continued to lead the small set of winners for our global opportunity set through Friday’s...

ECB keeps its rates unchanged and reduces bond repurchases

At its meeting on 9 September 2021, the European Central Bank (ECB) left - for the time being - interest rates and other bank rates unchanged. Interest rates on the ECB's benchmark...

Factbox-Chevrolet Bolt fires date back to early 2019, GM says

(Reuters) - One of the earliest battery-related fires in a Chevrolet Bolt electric car was reported 18 months ago. General Motors Co (NYSE:GM) did not open a formal investigation on Bolt fires until August...

Sydney Airport sale a step closer after improved $17.4 billion offer

(Corrects typo in the dateline) By Jamie Freed and Paulina Duran SYDNEY (Reuters) -A sale of Australia's biggest airport moved closer on Monday as an infrastructure investor group won permission to conduct due diligence on Sydney...

Dollar Up, Continues Upward Trend as Fed Taper Remains in Question

By Gina Lee Investing.com – The dollar was up on Monday morning in Asia, continuing its gains from the previous week. Investors remain wary of the U.S. Federal Reserve beginning asset tapering even as the number...

Dollar finds footing as traders await inflation data

By Iain Withers LONDON (Reuters) -The dollar strengthened to a two-week high versus a basket of major currencies on Monday as market expectation builds that the Federal Reserve could taper its stimulus sooner rather than...

Tropical Storm Nicholas expected to pass by Texas coast – NHC

By Steve Gorman (Reuters) -Tropical Storm Nicholas churned through the Gulf of Mexico on Sunday headed for an expected landfall along the Texas shoreline by late Monday or early Tuesday, two weeks after Hurricane Ida...

3 Stocks To Watch In The Coming Week: Apple, Oracle, Zoom Video

Equities wrapped another down week as investors remained concerned about the spreading COVID Delta variant and its impact on U.S. economic growth. For the past week, the Dow finished roughly 2.2% lower, its second negative week in...

US dollar in decline prior to US labor market data release

At the end of the business week, which is the 35th one of 2021, during the European trading morning on Friday, 3 September 2021, the US dollar (USD) fell against its major...

PayPal heats up buy now, pay later race with $2.7 billion Japan deal

By Sayantani Ghosh and Tim Kelly (Reuters) -U.S. payments giant PayPal Holdings Inc (NASDAQ:PYPL) said it would acquire Japanese buy now, pay later (BNPL) firm Paidy in a $2.7 billion largely cash deal, taking another step to...

Toshiba says board has not yet decided on best strategic option

By Makiko Yamazaki TOKYO (Reuters) - Toshiba (OTC:TOSYY) Corp said on Wednesday detailed talks on potential take-private deals would make sense only after all strategic options are carefully reviewed, spurning calls from some shareholders to...