Updates price levels, adds Ether and other cryptocurrencies. Investing.com-- Bitcoin hit a record high on Thursday, surpassing $124,400 for the first time ever, but then retreated sharply after a new producer price index (PPI) data rekindled inflation fears. The early surge in the world’s largest crypto asset was underpinned by growing expectations of a September interest rate ...
Investing.com -- Jenoptik AG reported weak second quarter results and now expects its 2025 performance to be at the lower end of its previously announced guidance range. The company posted Q2 sales of €255 million, a 10.5% year-over-year decline and 2% below consensus estimates of €260 million. The drop was primarily driven by weakness in the Semiconductor & Advanced Manufacturing busines ...
By Rae Wee and Yantoultra Ngui SINGAPORE (Reuters) -DBS Group, Southeast Asia’s largest lender by assets, is seeing growing interest from Chinese exporters to settle trades in renminbi (RMB), or yuan, particularly with counterparts in Latin America and the Middle East, a senior executive said. "Right now, you see the Chinese exporters, some are beginning to ask and say, I’m going to sell in RM ...
Investing.com -- The S&P 500 and Nasdaq notched a record close Tuesday after consumer prices rose by less than expected in July, increasing the probability of the Federal Reserve cutting interest rates next month. At 4:00 p.m. ET (20:00 GMT), the Dow Jones Industrial Average traded 483 points, or 1.1%, higher, the S&P 500 index added 1.1%, and the NASDAQ Composite rose 1.4%, notching ...