Global equity markets gained and the U.S. dollar rallied against major currencies on Wednesday for the first time this week as Federal Reserve officials continued to downplay prospects of rising inflation.
SoftBank Group Corp’s (9984.T) Vision Fund 2 has led a $775 million investment in Perch, a technology firm that buys and operates third-party brands that sell their products on Amazon.com Inc (AMZN.O).The Series A funding will make Perch a so-called “unicorn” – implying a valuation of $1 billion or more and brings the company’s total…
Malaysia’s finance ministry said on Wednesday it had terminated the services of the chairman of the public transport operator amid an outcry over his response to a train accident in which more than 200 people were injured. On Monday, 47 commuters were severely hurt and 166 sustained minor injuries when two light rail metro trains…
Britain had no plan to protect the most vulnerable from COVID-19 and the decision to send patients from hospital into care homes without being tested for the virus led to the disease spreading like wildfire, Prime Minister Johnson’s former top adviser said.Dominic Cummings told a parliamentary committee that health minister Matt Hancock failed to honour…
At a critical stage in charting the economic voyage back to normality, the inflation compass may be going haywire.
Indian shares were little changed on Wednesday, as gains in energy and consumer discretionary stocks were countered by losses in financials and materials.
BENGALURU, May 26 (Reuters) – Indian shares were little changed on Wednesday, as gains in energy and consumer discretionary stocks were countered by losses in financials and materials.The blue-chip NSE Nifty 50 index was up 0.07% at 15218.05 by 0403 GMT, while the benchmark S&P BSE Sensex was 0.08% higher at 50,686.31.Reliance Industries Ltd, down…
An appreciation in China’s yuan might not be a good way to deal with rises in commodity prices, the state-owned Economic Information Daily said in a front-page commentary on Wednesday.
* Philippine stocks set for best day since Feb. 1 * S. Korean won, Taiwan dlr gain 0.3% * Singapore, Malaysia, Indonesia, Thailand closed By Arundhati Dutta May 26 (Reuters) – Philippine shares were headed for the best day in nearly four months on Wednesday i…
The dollar wallowed near a five-month trough against major peers on Wednesday as Federal Reserve insistence that stimulus will continue kept yields low, while surprisingly hawkish New Zealand central bank comments pushed the kiwi higher. The euro traded just north of the key $1.2250 level — holding gains from Tuesday when it pushed as high…
Bitcoin 
Ethereum 
Tether 
Solana 
BNB 
XRP 
Dogecoin 
USDC 
Lido Staked Ether 
Cardano