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The greenback was mostly backed vs major currencies on Wednesday, as market players awaited the outcome of today's Fed meeting, with the bank expected to stick to its pledge to be patient on tightening monetary policy...
This afternoon Yahoo! reported Q4 revenue was slightly light of expectations, and beat by a penny on the bottom line, Barron's reports. The report said the company would spin-off its interest in Alibaba Group Holding (BABA) as a separate public company...
According to a report released by the Chinese authorities, Alibaba Group Holding Ltd. is now in a “credibility crisis” due to a failure to crack down on shady merchants, counterfeit goods, bribery and misleading promotions using its online malls, Bloomberg reports...
Copper advanced on Wednesday, as market players awaited the outcome of the Federal Reserve's policy meeting later in the day for guidance on interest rates...
Shares in European suppliers of Apple Inc leapt on Wednesday after the technology giant announced the largest profit in the history of the firm, spurred mainly by record sales of iPhones and strong demand in China...
Britain’s economic recovery slowed in the fourth quarter of 2014, however annual growth was the fastest since the financial crisis of 2007. A slowdown to 0.5% from 0.7% in third quarter was disappointing for City analysts, says The Guardian...
Apple sold a record 74.4m iPhones in the three months to the end of 2014, beating analysts’ expectations as sales of its two newest models soared during the Christmas holidays and found new fans in China. The tech company reported a record $74...
The Aussie traded higher as a result of mild inflation data, as underlying prices dashed expectations for a near-term rate cut...
On Tuesday U.S. stocks closed more than 1 percent lower as disappointing results from a number of leading companies pointed to weakening conditions, while an unexpected decline in durable goods orders also pressured the positive sentiment...
The greenback declined against its Canadian counterpart on Tuesday, getting off a nearly six-year peak as a disappointing report on U.S. durable goods orders dampened demand for the greenback, while markets eyed the Federal Reserve's upcoming policy statement...