Yen Slides for a Third Straight Day as Traders Doubt the Bank of Japan’s Nerve to Keep Hiking The Japanese yen extended its losing run against the dollar into a third consecutive session Tuesday, with currency traders increasingly skeptical that the Bank of Japan is actually prepared to raise rates quickly enough to close the … Read more
Tech Stocks Extend Their Rebound as Oil’s Climb Back Above $100 and Rising Bond Yields Keep the Broader Market in Check Technology shares pushed higher again Tuesday, riding a fresh wave of enthusiasm around artificial intelligence, even as the rest of the market found itself stuck in place once crude oil climbed back above $100 … Read more
Stark Warnings From Anthropic and OpenAI CEOs Are Set to Disrupt the AI Stock Trade They Built Up Wall Street spent the past two years pricing artificial intelligence stocks around a simple story: the faster AI capabilities improve, the more hyperscalers spend on chips, data centers and infrastructure, and the more that spending lifts everything … Read more
Stock Market Today: S&P 500, Nasdaq Futures Extend Losses After August PPI Inflation Report Stock futures slipped a little further Thursday morning after the government’s latest reading on wholesale prices came in hotter than expected on an annual basis, giving Wall Street one more reason to stay cautious in a week that already had plenty … Read more
Indian banks have quietly left much of the future interest payments on more than $127 billion in overseas foreign currency deposits unhedged, according to five bankers who spoke to Reuters, a gap that could become a genuine source of dollar demand and add fresh depreciation pressure on the rupee if currency conditions turn unfavorable. It’s … Read more
China’s automakers shipped a record number of vehicles overseas in August, even as the country’s domestic car market extended its losing streak to an eleventh consecutive month, according to data released Tuesday by the China Passenger Car Association. The widening gap between booming exports and a sinking home market has become one of the defining … Read more
Novartis shares tanked as much as 10.6 percent in Tuesday trading, putting the Swiss pharmaceutical giant on track for its worst single trading day on record after the company disclosed its third significant drug trial disappointment within seven days. The latest blow came from del-desiran, an experimental therapy for a rare, progressive muscle-wasting condition, and … Read more
Dollar to Naira exchange rate today, August 31, 2026: official and black market rates The Nigerian naira is trading with continued stability against the United States dollar on Thursday, August 31, 2026, extending a run of relatively calm sessions across both the official and parallel foreign exchange markets. The latest available data from the Nigerian … Read more
Venezuela is closely examining plans to leave OPEC, according to people familiar with the matter, a move that would deliver a fresh blow to the oil cartel it helped found more than six decades ago and deepen mounting doubts about whether the organization can hold together at all in its current form. The idea of … Read more
A month into its nationwide consumer rewards campaign, Guinness Nigeria has crossed a notable milestone, reporting 428 winners across its first four weeks of live draws under the “Open For More” National Consumer Promotion. The figure represents one of the more tangible early signs that the company’s newest loyalty push, backed by more than 400 … Read more