The Swiss National Bank (SNB) sold 22.7 billion Swiss francs ($25 billion) worth of foreign currencies in the fourth quarter, it said on Thursday, as the central bank pared back its policy of seeking to curb inflation by boosting the franc.
President Vladimir Putin's foreign intelligence chief paid a visit to North Korea this week to deepen bilateral cooperation between Moscow and Pyongyang and discuss broader regional security, Russia's spy service said on Thursday.
Many cryptocurrencies plunged in 2022 as rising rates, the collapses of high-profile exchanges and tokens, and regulatory threats drove investors toward safer investments. That "crypto winter" dragged on throughout the first half of 2023.
India's Alteria Capital said on Thursday it has raised 15.5 billion rupees ($186.05 million) for its third fund, bolstering its ability to lend to startups which have historically boomed but are now struggling to find backers.
The pound was much stronger when the UK was in the European Union and, after failing to recover a large part of the losses that resulted from a split, the future looks bleak and an even weaker pound looks likely.
Stock markets in the Gulf were up in early trade on Thursday as oil prices rose, following two consecutive sessions of decline, with traders reassessing latest data on U.S. crude oil and gasoline inventories.
The market's been red hot of late. The S&P 500 is up 45% since the bear market ended in late 2022, and it is higher to the tune of 27% just since October 2023's low.
Austrian brickmaker Wienerberger has exited the Russian market, selling its factories in the Vladimir and Tatarstan regions, business daily RBC reported on Thursday, citing the company and Russian corporate filings.
(RTTNews) - The boards of Keysight Technologies Inc. and Spirent Communications plc (SPT.L, SPM) have reached agreement on the terms of a recommended cash acquisition of the entire issued and to be issued ordinary share capital of Spirent by Keysight. Each Spirent shareholder sha
A lot has changed since tiny semiconductor manufacturing upstart SkyWater Technology (NASDAQ: SKYT) had its initial public offering (IPO) in 2021. The company, fresh off of its reorganization under the guidance of private equity, was flying high amid the chip shortage that emerge
India's bulging pipeline of large block trades and listings such as the $3 billion IPO of Hyundai Motor's unit will draw more funds to a market whose share of global equity capital market deals hit a quarterly record this year, bankers said.
South Korea plans to sell 14 trillion won ($10.38 billion) of treasury bonds through auctions in April, compared with 15 trillion won planned for March, the finance ministry said on Thursday.
Investors in Apple (NASDAQ: AAPL) are not having a good 2024. The stock is down over 10% year to date, while the S&P 500 and Nasdaq Composite are up over 9%.
(RTTNews) - Indian shares look set to open on a cautious note Thursday as investors await key U.S. inflation data and Federal Reserve commentary for signals on the rate path.
The yen languished near its weakest in decades on Thursday though the threat of intervention from Japanese authorities kept investors leery of pushing the currency to a new low, while Asian stocks rose ahead of a key U.S. inflation reading.
(RTTNews) - Giving up the gains in the previous session, the Japanese market is significantly lower on Thursday, despite the broadly positive cues from global markets overnight. The Nikkei 225 is falling to well below the 40,300 level, with losses across most sectors as some trad
Australia's Beach Energy
said on Thursday a targeted headcount reduction of 30% will take
place across the company to achieve efficiency and save
operational costs as part of a comprehensive strategic review.
China's central bank set the yuan fixing at the widest gap against Reuters' estimate in nearly five months, as authorities step up efforts to prevent sharp declines in the currency.
(RTTNews) - S&P Dow Jones Indices said that Solventum Corp. (SOLV) will be added to the S&P 500 effective prior to the open of trading on Monday, April 1, replacing V.F. Corp. (VFC), which will be moved to the S&P SmallCap 600 effective prior to the open of trading on Wednesday,
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