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Dollar on defensive after soft data, battered yen under watch

The dollar was on the back foot on Thursday after U.S. economic data continued to point to slowing growth, offering…

July 4, 2024 2 MINUTES READ

Yen falls further as Bank of Japan stands pat on rates

The Bank of Japan kept its ultra-low interest rates unchanged Friday and stopped short of signalling another hike, pushing the…

April 26, 2024 2 MINUTES READ

Analysis-Dollar’s rally supercharged by diverging US rate outlook

A rally in the U.S. dollar is accelerating, as stubborn inflation sows doubts over how aggressively the Federal Reserve will…

April 15, 2024 2 MINUTES READ

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Google to build subsea cable linking Australia’s Darwin to Christmas Island

Australia’s Indian Ocean territory of Christmas Island will be connected by subsea cable to the northern garrison city of Darwin, a project backed by Alphabet’s Google that Australia says will boost its digital resilience. Christmas Island is 1,500 km (930 miles) west of the Australian mainland, with a small population of 1,250, but strategically located…
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