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Rupee At 90.4 Per Dollar, Gains 1.2% After US Reduces Tariffs On Indian Goods
The rupee strengthened more than 1% to 90.40 per dollar in early trading as India's financial markets surged following a new trade agreement that reduced US tariffs on Indian goods from 50% to 18%.
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Trump Tariff Effect: Stock Meltdown Fuels Worst Day At Markets Since Covid
The "America First" trade is unraveling in the sweeping turmoil in global markets, with stocks acutely exposed to the US economy sinking alongside the dollar.
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Trump 2.0 Will Be Good For Equity Market, Dollar But Bad For Bonds: Report
A report by Union Bank of India compares two timelines - from January 2 to November 4 and from November 4 to December 31. The second period reflects changes following the US Presidential election held on November 5-6.
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Dollar Dips As US Election Outcome Remains Uncertain, Fed Rate Cut Looms
The dollar slipped in Asia on Monday as investors braced for a potentially pivotal week for the global economy as the US chooses a new leader and, probably, cuts interest rates again with major implications for bond yields.
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Gold Prices Surge To Record High As US Fed Holds Interest Rates
Gold prices climbed to a record high on Thursday, as the U.S. dollar and bond yields ticked lower after the Federal Reserve maintained its projection of three rate cuts for this year.
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Sam Bankman-Fried Said to Be Prepared to Enter Not Guilty Plea in US FTX Fraud Case
Sam Bankman-Fried is said to be prepared to enter a plea of not guilty in the criminal fraud case at a Manhattan court on Tuesday. He is charged with cheating investors and looting billions of dollars at his now-bankrupt FTX cryptocurrency exchange. He was extradited to the US from the Bahamas last month, and was set free on $250 million bond
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Russia "May Be Considered In Default" If...: Moody's Warns
Moody's Investors Service said Thursday that Russia "may be considered in default" if it does not pay two bonds in US dollars by end of a grace period on May 4.
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Million Dollar Bond As US School Shooter's Parents Plead Not Guilty To Manslaughter
The parents of a 15-year-old who shot dead four students at a US high school with a gun bought by his father pleaded not guilty to involuntary manslaughter Saturday, as a Michigan judge set a combined million-dollar bond for their release.
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Bitcoin Slides 12 Percent Amid Rising US Dollar
Cryptocurrencies plunged with bitcoin dropping more than 12 percent and ethereum 20 percent as rising US bond yields lifted the dollar broadly and hurt other safe assets that pay no income. Bitcoin fell as far as $33,447, its lowest since January 6.
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US Singer R Kelly, Charged With Sex Abuse, To Pay $1 Million For Bail
A judge set R. Kelly's bond at $1 million dollars on Saturday afternoon, following the R&B singer's Friday arrest on 10 counts of aggravated criminal sexual abuse.
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Rupee At 90.4 Per Dollar, Gains 1.2% After US Reduces Tariffs On Indian Goods
The rupee strengthened more than 1% to 90.40 per dollar in early trading as India's financial markets surged following a new trade agreement that reduced US tariffs on Indian goods from 50% to 18%.
-
Trump Tariff Effect: Stock Meltdown Fuels Worst Day At Markets Since Covid
The "America First" trade is unraveling in the sweeping turmoil in global markets, with stocks acutely exposed to the US economy sinking alongside the dollar.
-
Trump 2.0 Will Be Good For Equity Market, Dollar But Bad For Bonds: Report
A report by Union Bank of India compares two timelines - from January 2 to November 4 and from November 4 to December 31. The second period reflects changes following the US Presidential election held on November 5-6.
-
Dollar Dips As US Election Outcome Remains Uncertain, Fed Rate Cut Looms
The dollar slipped in Asia on Monday as investors braced for a potentially pivotal week for the global economy as the US chooses a new leader and, probably, cuts interest rates again with major implications for bond yields.
-
Gold Prices Surge To Record High As US Fed Holds Interest Rates
Gold prices climbed to a record high on Thursday, as the U.S. dollar and bond yields ticked lower after the Federal Reserve maintained its projection of three rate cuts for this year.
-
Sam Bankman-Fried Said to Be Prepared to Enter Not Guilty Plea in US FTX Fraud Case
Sam Bankman-Fried is said to be prepared to enter a plea of not guilty in the criminal fraud case at a Manhattan court on Tuesday. He is charged with cheating investors and looting billions of dollars at his now-bankrupt FTX cryptocurrency exchange. He was extradited to the US from the Bahamas last month, and was set free on $250 million bond
-
Russia "May Be Considered In Default" If...: Moody's Warns
Moody's Investors Service said Thursday that Russia "may be considered in default" if it does not pay two bonds in US dollars by end of a grace period on May 4.
-
Million Dollar Bond As US School Shooter's Parents Plead Not Guilty To Manslaughter
The parents of a 15-year-old who shot dead four students at a US high school with a gun bought by his father pleaded not guilty to involuntary manslaughter Saturday, as a Michigan judge set a combined million-dollar bond for their release.
-
Bitcoin Slides 12 Percent Amid Rising US Dollar
Cryptocurrencies plunged with bitcoin dropping more than 12 percent and ethereum 20 percent as rising US bond yields lifted the dollar broadly and hurt other safe assets that pay no income. Bitcoin fell as far as $33,447, its lowest since January 6.
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US Singer R Kelly, Charged With Sex Abuse, To Pay $1 Million For Bail
A judge set R. Kelly's bond at $1 million dollars on Saturday afternoon, following the R&B singer's Friday arrest on 10 counts of aggravated criminal sexual abuse.
