Usa Financial News

New Delhi: Only a handful of Indian goods such as mobile phones and drugs witnessed a rise in their annual export value during the first 11 months of FY24 in a year that saw high interest rates globally curb demand and geopolitical tensions hurt international trade. Goods that saw their exports value increase between April 2023 and February 2024 include agricultural produce, drugs and pharmaceuticals, cotton yarn and handloom products, electronic goods, iron ore, ceramic products /glassware and engineering goods, according to the latest commerce ministry data.

Wipro Ltd appoints company veteran Malay Joshi as the chief executive officer (CEO) of its largest and fastest-growing market, Americas 1, the company informed the stock exchanges. Joshi will succeed current Wipro CEO Srinivas Pallia, who headed the market unit from January 2021 until his promotion a few days back.

The Wall Street Journal chief economics correspondent Nick Timiraos says the central bank needs 'credible justification' for beginning rate cuts.

AUKUS security pact this week.AUKUS, formed by the three countries in 2021, is part of efforts to push back against China’s growing power in the Indo-Pacific region by focusing on military modernization through new technologies. The trio announced Monday it will begin consultations this year on collaborating with “prospective partners” around the world as part of its second phase, specifically mentioning Japan as an ally it is considering working with.Not mentioned was Canada, despite the federal government saying it is considering joining the pact Prime Minister Justin Trudeau in 2021 described as “a deal for nuclear submarines, which Canada is not currently or any time soon in the market for.”Speaking to reporters Monday as his government announced its long-awaited defence policy update, Trudeau said Canada was already talking with AUKUS members about working with the alliance and potentially even joining it as a member.“I think it’s really important that allies, particularly across the Indo-Pacific, work together in stronger and tighter ways, and those Canadian conversations with our partners will continue,” he said.But AUKUS members have already poured cold water on the idea of expanding the alliance beyond the core trio — and experts say even if that is possible, Canada is unlikely to be invited.“The United States and Canada are already so closely aligned that AUKUS could become CANAUKUS pretty easily, but it’s not.

yen weakened on Wednesday, pushing the dollar to its highest against the Japanese currency since 1990, with markets alert to any signs of intervention from the Japanese authorities to prop the yen. This followed latest US. inflation data.

Crowds across Canada flocked to catch a glimpse of the total solar eclipse on Monday in a highly anticipated celestial event — one that could have left some people who didn’t take precautions feeling concerned about their eye health.

OLeary Ventures chairman Kevin OLeary and former State Department spokesperson Morgan Ortagus weigh in on the impact to businesses from New York Citys congestion toll and the states policies. 

Global venture capital funding declined 30% in the first quarter, continuing its slump as investors remain cautious amid sputtering economies and a sluggish market for stock-market debuts.

The New York Stock Exchange is actively engaged with a pipeline of Japanese companies, some of which may consider a US listing over the next 18 months, according to the bourse’s vice chairman.

Bitcoin’s highly anticipated “halving” event may already be partially factored into the market, according to the CEO of Marathon Digital Holdings Inc., the largest cryptocurrency miner in the United States.

AI crypto coins increased by an average of 257% between January and March of this year. This was revealed in a Coingecko report .

The US Republican Senator Thom Tillis has called for a new regulatory framework for the crypto industry, which would “create the most hospitable environment for digital assets to thrive.”

Insurance broker March has launched a digital asset custody insurance product aimed at the asset servicing market.

Also Read | ‘Concerned officers should be suspended’: Supreme Court raps U'khand govt for no action against Patanjali Catalyst Service had outsourced the samosa supply to another firm, Manohar Enterprises. The police revealed that Firoz Shaikh and Vicky Shaikh, who were employees of Manohar Enterprises, had allegedly stuffed condoms, gutka, and stones into the samosas.

₹431.10 apiece on BSE after it notified the exchanges that it had ended the Phase 2 study on Vodobatinib for Parkinson's. Rajesh Bhosale - Equity Technical and Derivative Analyst, Angel One, said that recently the stock has seen strong positive momentum, but today it has seen selling pressures with prices down 5% on the lower circuit.

Stocks meandered to a mixed close on Wall Street as traders made their final moves before several potentially market-moving reports later in the week

More than 200 chemical plants nationwide must reduce toxic emissions likely to cause cancer under a new Environmental Protection Agency rule

The women’s NCAA championship game drew a bigger television audience than the men’s title game for the first time, with an average of 18.9 million viewers watching undefeated South Carolina beat Iowa and superstar Caitlin Clark

Two tribal nations are accusing social media companies of contributing to high rates of suicides that disproportionately affect Native American youth

A Maryland man accused of trying to defraud 28 federal bankruptcy courts out of more than $1.8 million in unclaimed funds has been indicted by a federal grand jury in Puerto Rico

The Small Business Administration is offering assistance to those affected by the bridge collapse in Maryland