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News
Gold prices fall as stronger dollar and Treasury yields pressure bullion
11+ hour, 24+ min ago (557+ words) Gold prices moved lower on Thursday as the U.S. dollar strengthened and Treasury yields climbed. Investors are also watching fresh U.S. inflation data for clues about what the Federal Reserve could do at its policy meeting next week. The combination has put…...
Treasury yields jump as inflation lifts Fed rate hike bets and oil prices surge
11+ hour, 49+ min ago (532+ words) U.S. Treasury yields moved sharply higher on Thursday. The jump came after fresh inflation data raised expectations for a Federal Reserve rate hike next week. Higher oil prices added to those concerns. The 10-year Treasury yield climbed 8.48 basis points to 4.922%. It…...
Fanuc and Google develop AI welding robots that can read blueprints
11+ hour, 9+ min ago (506+ words) Japanese industrial automation company Fanuc and Google are taking another step toward AI-powered factories. The companies have developed an automated welding system that uses AI-equipped robots to work directly from blueprints. The new technology could reduce the need for workers…...
Israel's TA-125 Declines 1.84% at Close
12+ hour, 53+ min ago (166+ words) Business Upturn Israel's TA-125 Declines 1.84% at Close Israel's TA-125 index declined 1.84% on Thursday, closing at 4,112.05 as sellers dominated trade throughout the session. The benchmark shed ground steadily, with the day's range spanning from a high of 4,187.90 to a low of…...
Philippine Shares Inch Lower as PSEi Slips to 6,099
19+ hour, 49+ min ago (190+ words) Business Upturn Philippine Shares Inch Lower as PSEi Slips to 6,099 Philippine stocks inched lower at Tuesday's close, with the PSEi Index edging down 0.28% to finish at 6,099.23 as mild selling pressure weighed on the market through the session. The benchmark index…...
Tata Elxsi invests in KAVIA AI for AI software push
20+ hour, 4+ min ago (524+ words) Business Upturn Tata Elxsi invests in Silicon Valley's KAVIA AI to scale AI-driven software engineering Tata Elxsi shares ended at ₹3,383 on the NSE on September 9, down about 3.1 percent or close to ₹109 from the prior close of around ₹3,492, moving in an…...
KOSPI Edges Down at Close as Index Holds Near Session High
20+ hour, 49+ min ago (203+ words) Business Upturn KOSPI Edges Down at Close as Index Holds Near Session High South Korea's benchmark KOSPI Composite Index edged down to close at 7,051.42 on Wednesday, slipping a marginal 0.00% in a session that nonetheless saw some notable intraday movement. The…...
KOSPI Climbs 1.54% to Close at 7,061.95 in Solid Session
1+ day, 20+ hour ago (183+ words) businessupturn.com KOSPI Climbs 1.54% to Close at 7,061.95 in Solid Session South Korea's benchmark KOSPI Composite Index climbed 1.54% on Thursday, closing at 7,061.95 as buyers maintained broad control throughout the session. The index traded within a range of 6,968.06 to 7,112.48, with the intraday…...
Coforge clarifies board evaluation matters unrelated to financial performance
1+ day, 23+ hour ago (210+ words) Business Upturn Coforge clarifies board evaluation matters unrelated to financial performance Coforge Limited, a global digital services and solutions provider, has issued a clarification noting that recent discussions surrounding its Board Evaluation Exercise do not pertain to the company's financial…...
US consumer inflation expectations stay steady as job and financial worries rise
2+ day, 11+ hour ago (363+ words) US consumers continued to expect inflation to stay elevated in August, but their worries about jobs and personal finances increased. The New York Federal Reserve’s latest Survey of Consumer Expectations showed that one year inflation expectations stayed at 3.6%. Five year…...