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OPEC's Surprise Output Cut Sparks Brief Dollar Rally
The surprise output cut announced by the OPEC on April 2, gave the Dollar strong momentum in the beginning of the week spanning April 3 -7.
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847 days ago
Bank Of Korea Keeps Policy Rate Unchanged For Second Straight Meeting
South Korea's central bank left its policy rate unchanged for the second straight meeting and pledged to maintain a restrictive stance for a considerable time. The Monetary Policy Board of the Bank of Korea unanimously decided to keep the Base Rate unchanged at 3.50 percent.
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847 days ago
Apple To Open First Store In India Next Week
Apple Inc. is opening its first store in India, which is being considered as the new manufacturing base for the tech major, as well as its new growth market. The gadgets major has high hopes for the second most populous country in the world, with wider markets. The iPhone maker announced its plans to open two new retail locations in India offering the latest Apple products.
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847 days ago
U.S. Dollar Falls As Inflation Data In Focus
The U.S. dollar was lower against its most major counterparts during the European session on Tuesday, as investors awaited U.S. inflation data for more clarity on the rate outlook.
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847 days ago
Sensex, Nifty Gain On Earnings Optimism; IT Stocks Decline
Indian shares rose notably on Tuesday, with firm global cues and hopes for strong quarterly earnings helping underpin investor sentiment.
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847 days ago
Order Pizza On The Go With Domino's On Apple CarPlay
Domino's Pizza Inc.'s Domino's app is now available on Apple CarPlay, allowing customers to order pizza while on the go. The pizza major's Domino's iOS app helps customers to skip long drive-thru lines and conveniently order pizza from the comfort of their cars. There are two ordering options through Domino's app on CarPlay, such as Tap to Order or Call to Order.
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847 days ago
European Shares Inch Higher Led By Miners And Automakers
European shares were moving higher on Tuesday as traders returned to their desks after the long Easter holiday weekend.
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848 days ago
more news
China Inflation Weakest Since Late 2021; Producer Price Deflation Worsens
China's consumer prices grew at the slowest pace since September 2021 and producer prices declined the most in 33 months in March, providing some space for monetary policy maneuver. Consumer prices gained 0.7 percent on a yearly basis in March, following an increase of 1.0 percent in February, the National Bureau of Statistics said Tuesday. Inflation was forecast to remain at 1.0 percent.
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848 days ago
Asian Shares Advance On China Stimulus Hopes
Asian stocks closed mostly higher on Tuesday despite uncertainty over the future trajectory of the Federal Reserve's rate hikes and growing risks of a U.S. recession.
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848 days ago
Australian Dollar Rises On Upbeat Economic Data
The Australian dollar strengthened against other major currencies in the Asian session on Tuesday, after the release of data showing that the nation's consumer sentiment increased in April.
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848 days ago
European Economic News Preview: Eurozone Retail Sales Data Due
Retail sales and investor confidence reports from the euro area are due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, Statistics Norway is scheduled to issue consumer and producer prices for March. Inflation is forecast to ease to 6.1 percent from 6.3 percent in February.
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848 days ago
Salads Recalled For Listeria Concerns
The U. S. Food and Drug Administration has announced various recalls of salads and salad kits due to the potential to be contaminated with Listeria monocytogenes. The recall mainly was part of a broader lettuce recall by supplier Revolution Farms LLC, after the recalled product was epidemiologically linked with a multi-state outbreak of Listeriosis.
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848 days ago
European Shares Seen Opening Up In Cautious Trade
European stocks are seen opening higher on Tuesday as trading resumes after a long holiday weekend.
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848 days ago
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