SEOUL, July 23 (Reuters) - Hyundai Motor reported a 21% fall in second-quarter operating profit on Thursday, missing analysts' estimates, as weaker vehicle sales, production disruptions and higher costs outweighed su…
The USD/JPY pair ticks lower during the Asian session on Thursday as bulls opt to move to the sidelines amid speculations that Japanese authorities will step in to prop up the domestic currency. Nevertheless, spot price…
The NZD/USD pair gains ground to near 0.5820, snapping the two-day losing streak during the early European session on Thursday. The New Zealand Dollar (NZD) strengthens against the US Dollar (USD) on a hawkish tone from…
West Texas Intermediate (WTI), futures on NYMEX, extends its winning streak for the fifth trading day on Thursday, is up over 3% at around $88.60 during the European trading session. The oil price extends its advance as…
The Indian Rupee (INR) trades marginally higher against the US Dollar (USD) on Thursday on possible Reserve Bank of India (RBI) intervention in spot and non-deliverable forwards (NDFs) markets to support the currency. T…
Silver (XAG/USD) attracts fresh buyers near the $58.25-$58.20 zone during the Asian session on Thursday, stalling the previous day's modest pullback from the $61.00 neighborhood, or an over two-week high. The white meta…
EUR/JPY extends its gains for the third successive day, trading around 186.40 during the Asian hours on Thursday. The currency cross is keeping a bullish near-term bias as it holds above both the nine-day and 50-day Exp…
The AUD/USD pair holds positive ground near 0.7010 during the Asian trading hours on Thursday. The Australian Dollar (AUD) edges higher against the US Dollar (USD) following Australia’s employment data. Traders will clo…
Gold (XAU/USD) holds above the $4,100 mark during the Asian session on Thursday and, for now, seems to have stalled the previous day's modest pullback from an over two-week high. Crude oil prices climb to a fresh high s…
Iran’s Foreign Minister Abbas Araghchi said that Tehran would respond in kind to any attack on its infrastructure after US President Donald Trump threatened to bomb a bridge or power plant for every ship targeted in the…
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 6.7906 compared to the previous day's fix of 6.7933 and 6.7712 Reuters estimate.
The collapse of Spirit Airlines, the scrappy low-cost carrier, underscores the fragile economics of air travel amid $4-per-gallon jet fuel and high crude prices.
Pizza wars, sham contracts, business collapses and underpayment of wages have plagued workers and franchisees across the $4 billion pizza sector since the introduction of cheap pizzas four years ago.
NZD/USD trades lower near the 0.5820 area on Wednesday, extending its recent pullback as the New Zealand Dollar (NZD) struggles to benefit from stronger-than-expected domestic inflation data.
Commerzbank highlights South Korea’s exports rising over 50% year-on-year in early July, marking a seventh month of double-digit growth, driven by semiconductors and AI-related data centre demand. The Bank of Korea (BoK…
Japanese Finance Minister Satsuki Katayama reiterated on Thursday that his government was “ready to take decisive action on foreign exchange as needed.”
Gold price (XAU/USD) trades in positive territory around $4,125 during the early Asian session on Thursday. The precious metal extends its recovery as ongoing geopolitical uncertainties continue to underpin safe-haven d…
United Overseas Bank (UOB) analysts Quek Ser Leang and Lee Sue Ann see USD/CNH consolidating in the near term after recent downside moves. Their 24-hour view expects the Dollar to trade between 6.7635 and 6.7755 as down…
The Pound's week-long slide slowed to a crawl on Wednesday, and it picked an odd session to do so, because the June inflation report handed sellers their cleanest argument yet. GBP/USD tagged the 1.3350 area in early Ne…
A partial “decoupling” of U.S. and Chinese technology ecosystems is well underway. Without a clear strategy, Washington risks doing too little or—more likely—too much to curb technological interdependence.
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note USD/SGD is trading just above 1.29 after a quiet session, with momentum only tentatively firmer. They expect intraday consolidation between 1.2900 and 1.2…
The European Commission has cleared Paramount and Warner Bros. Discovery’s pending $110 billion merger, subject to full compliance with commitments previously offered by the David Ellison-led media giant.