Tag: cent
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Dollar edges lower after four-day run of gains, yen stalled near 40-year low
NEW YORK, July 22 : The dollar eased slightly from a one-week high on Wednesday after four straight daily advances, while the yen saw a modest recovery from its weakest level in nearly four decades as traders weighed the likelihood of intervention from Tokyo and the odds of faster rate hikes by the Bank of…
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Dollar dips after four-day streak of gains, yen holds near 40-year low
NEW YORK, July 22 : The dollar dipped from a one-week high on Wednesday after four straight daily advances, while the yen recovered slightly from its weakest level in nearly four decades as traders gauged the likelihood of intervention from Tokyo and the chances of faster rate hikes by the Bank of Japan.The d
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Intel results to test if AI-fueled rally has room to run
July 22 : Intel’s results on Thursday will show whether the American chip icon has the numbers to back a Wall Street rally that has sent its shares nearly three times higher this year, as its turnaround push wins over investors and the AI buildout powers demand. Analysts expect the company to report its fast
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Category A COE premium falls to S$126,000; Category B sees slight dip
Category B premiums fell 0.76 per cent to S$129,890 from S$130,889, while COEs for commercial vehicles also fell.
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Japan imports jump to record high on oil price surge, complicating BOJ policy
TOKYO, July 22 : Japan’s imports jumped to a record high in June, government data showed on Wednesday, as a weak yen and soaring oil prices drove up import costs and inflation, leaving the central bank in a policy bind. The swelling import bill has become a growing concern for policymakers, with the yen’s wea
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Alphabet’s Gemini delay, spending worries loom over earnings
July 21 : Alphabet faces heightened scrutiny from investors as a delay in the launch of a model key to its AI ambitions adds to worries over the payoff from massive data-center spending, months after raising expectations with a blockbuster quarter for cloud sales. The Google parent — set to report second-qu
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Stocks advance on tech strength; Mideast in focus
July 21 : Global stocks rose on Tuesday, underpinned by gains in technology stocks, as investors waited for corporate earnings this week that could test an AI trade under pressure, while mediation efforts in the Middle East kept oil prices in check.The U.S. and Iran traded fresh fire, and Yemen’s Tehran-align
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Dollar steady as investors weigh Middle East jitters against softer inflation data
BENGALURU/HONG KONG, July 21 : The U.S. dollar held steady on Tuesday as markets balanced signs of escalating tensions in the Middle East against lingering optimism from softer inflation data last week.The U.S. dollar index, which measures the currency against a basket of six peers, was largely unchanged at 1
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Hasbro raises annual forecasts on digital gaming demand, ‘Magic’ boost
July 21 : Hasbro raised its annual revenue and profit forecasts on Tuesday, betting on resilient demand for its digital gaming business and continued strength in “Magic: The Gathering” despite an uncertain consumer spending environment.Shares of the “Dungeons & Dragons” maker were up about 2 per cent in prema
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Dollar softens as investors weigh Middle East jitters against inflation data
BENGALURU/HONG KONG, July 21 : The U.S. dollar ticked lower on Tuesday as markets balanced conflicting signals from the Middle East against lingering optimism from softer inflation data last week.The euro rose 0.09 per cent against the dollar to $1.1424 while the yen declined 0.09 per cent against the dollar
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