Apple and Tesla Propel Stocks Higher in Light Pre-Holiday Trading
Major tech stocks, led by Apple and Tesla, drove the Nasdaq to a higher close on Monday, while the Dow Jones and the
America
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Currencies
U.S. Dollar Hits 38-Year High Against Yen; Euro Strengthens After French Elections
The U.S. dollar surged to a 38-year peak against the yen on Monday, driven by a sharp rise in long-term Treasury yields. This
Commodities
New Arctic Shipping Fuel Rules May Heighten Oil Spill Risks, Report Warns
The Arctic region could face heightened environmental risks from oil spills if ships switch to very-low sulfur fuel oil (VLSFO) under new fuel
Economy
Finance
UniCredit Challenges ECB’s Russia Risk Reduction Mandates in EU Court
UniCredit announced on Monday that it is contesting the European Central Bank’s (ECB) directives to reduce its exposure to Russia. The Italian bank
Middle East
Asian Currencies Muted After Mixed China Data; Dollar Dips on Rate Cut Speculation
Asian currencies remained stable on Monday as mixed signals from Chinese business activity data and the possibility of a U.S. interest rate cut
India
World
How India’s Rupee Transformed from Most to Least Volatile in Asia
The Indian rupee, once one of Asia’s most volatile currencies, has become one of its most stable over the past decade. This remarkable
News
Stocks Fluctuate as Tech Broadening Fails: Market Summary
The stock market showed mixed results in the final stretch of a strong quarter, primarily driven by high-performing technology shares. A recent effort
Wildlife
World
Zimbabwe Increases Power Cuts as Kariba Dam Water Levels Drop
Zimbabwe has significantly increased power cuts across the country due to an El Niño-induced drought, which has drastically reduced water levels at the
Economy
Bank of Canada Governor Tiff Macklem Confident Inflation Can Be Tamed Without a Spike in Unemployment
Bank of Canada Governor Tiff Macklem has expressed optimism about the country’s economic outlook, suggesting that a significant rise in unemployment is not
Technology
Japan Targets Smart Car Innovation Amid Competition from US and China
Japan is intensifying its push to have automakers develop smart cars with advanced safety and entertainment systems managed through cloud technology. This initiative