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Qantas was fined a record $90M for illegally sacking 1,800 staff during COVID. The court slammed its lack of remorse and harsh litigation strategy.
Japan's Nikkei hit a record high, rising 0.7% as a weak yen boosted automakers. Topix also reached a peak, gaining 0.58%, tracking last week's U.S. market gains.
EUR/USD saw a slight increase, closing above 1.17000. Economic Calendar Analysis No significant levels of volatility should be expected from fundamental data, if data is represented as forecasted. EUR/USD hourly chart analysis EUR/USD is stuck in a sideways range on the hourly chart, with no clear trend. The range is defined by strong resistance at the top near 1.1718 and major support at the
The FX pair moved to the upside, continuing its rise into next week and closing slightly above 1.35500. Economic Calendar Elevated levels of volatility may occur during this trading week considering both United States and United Kingdom will present fundamental data that would impact market. GBP/USD hourly chart analysis GBP/USD is in a clear uptrend within a rising channel on the hourly chart.
Hong Kong developers face rising pressure as bond maturities jump 70% next year. Road King just defaulted, following Emperor International's earlier loan default.
Google will pay $55M in Australia for hurting competition by paying telcos to pre-install its search app, excluding rivals. Court also ruled against it in Epic case.
Standard Chartered shares fell 7% after U.S. lawmaker Elise Stefanik urged action over alleged sanctions evasion, calling for a special attorney to investigate.
Trump heads to Alaska for a "high-stakes" Ukraine ceasefire talk with Putin. Zelenskiy, not invited, fears a deal may legitimize Russian control of Ukrainian land.
PayPal Ventures and Circle Ventures backed crypto firm Mesh, boosting its total funding to over $130M as it expands its crypto payments network.
Zand partners with Mastercard Move to launch a cross-border payments solution in the UAE, aiming to boost speed and ease of international money transfers.
The Trump admin may take a stake in Intel to boost national security, part of broader efforts including deals with Nvidia and MP Materials for key tech assets.
Accenture will buy Australian cybersecurity firm CyberCX for over A$1B, its biggest cyber deal, amid a wave of major hacks hitting millions in Australia.
Warren Buffett's Berkshire Hathaway bought 5M UnitedHealth shares, boosting the stock 7% after hours. He last held shares in the company from 2006 to 2010.
Deere & Company reported third-quarter net income of $1.289 billion, or $4.75 per share, down 26% from $1.734 billion, or $6.29 per share, a year ago. Net income for the first nine months totaled $3.962 billion, a 32% decline from $5.855 billion last year. Quarterly net sales and revenues fell 9% to $12.018 billion, while year-to-date figures dropped 18% to
Bitcoin fell below $120K after US Treasury Sec. Scott Bessent said the government won't buy more for its crypto reserve, despite earlier hitting a $124K high.
Oracle and Google Cloud teamed up to offer Gemini AI via Oracle Cloud, letting developers create text, images, video, and audio using Google's models.
Costco won't offer abortion pill mifepristone at its 500+ pharmacies, citing low demand. The company gave no comment on pressure from faith-based activists.
On Pakistan's Independence Day, the U.S. voiced interest in working with Pakistan on minerals and energy, building on last month's trade deal to boost investment.
Investors expect euro zone rates to stay higher for longer, with a brief dip in March, as tariff fears ease after the recent US-EU trade deal.
In July, the U.S. Producer Price Index (PPI) for final demand rose by 0.9%, the biggest monthly increase this year. That's a sharp jump compared to June, when prices were flat, and May, which saw a 0.4% rise. Over the past year, the index increased by 3.3%, the highest 12-month gain since February. The main driver of July's rise was
In June 2025, UK monthly GDP grew by 0.4%, following declines of 0.1% in both May and April. For the three months to June, GDP rose by 0.3% compared to the previous quarter, mainly driven by growth in the services sector. Services output increased by 0.3% in June, following 0.1% growth in May and a 0.2% fall in April. Production
Paramount, after its $8.4B Skydance merger, will boost film output and revamp key brands like Nickelodeon, MTV, and BET instead of phasing out cable networks.
FX pair is not exhibiting a clear directional trend; instead, it has been oscillating within a wide range, indicating a state of equilibrium and indecision between buyers and sellers. This condition is confirmed by the technical indicators, as the 24-period and 100-period Simple Moving Averages are relatively flat and intertwined. The price is currently caught in a tight squeeze between
UK economy grew 0.3% in Q2 2025, beating forecasts of 0.1%, after 0.7% growth in Q1, giving a boost to finance minister Rachel Reeves.