(Reuters) – Myanmar rescuers found two more bodies at a jade mine on Thursday after an official conceded there was little hope of finding survivors among scores of people buried by an avalanche of dirt and rubble while searching for fragments of the gems.Rescue operation takes place after a landslide at a jade mine in the Hpakant area of Kachin […]

Treasuries moved to the upside during trading on Wednesday, regaining some ground after moving notably lower over the two previous sessions. Bond prices pulled back off their best levels after an early advance but remained in positive territory. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, fell by 3 basis points to […]

All three major U.S. stock indexes closed higher on Tuesday. The Nasdaq rose almost 2.3%, the S&P 500 was up about 1.8%, and the Dow Jones industrials gained 1.6%. The third estimate on third-quarter U.S. gross domestic product growth increased from a prior 2.1% to 2.3%. Premarket trading Wednesday shifted markedly lower after the report, with all three indexes moving […]

FILE PHOTO: Pedestrians wearing protective face masks, amid the coronavirus disease (COVID-19) pandemic, are seen at a shopping district in Osaka, Japan, in this photo taken by Kyodo April 7, 2021. Mandatory credit Kyodo/via REUTERS TOKYO (Reuters) – Japan reported on Wednesday its first instance of community spread infection from the Omicron variant of coronavirus. Health minister Shigeyuki Goto said […]

A Y2K moment is imminent for the world’s funding and derivatives markets as the benchmark for global interest rates is effectively and compulsorily retired from use. The London Interbank Offered Rate – used as the reference rate for short-term unsecured loans, and the pricing of almost all floating rate financial markets from corporate debt to home loans and complex derivatives […]

FILE PHOTO: Attendees head into the Sands Expo and Convention Center during the 2020 CES in Las Vegas, Nevada, U.S. January 7, 2020. REUTERS/Steve Marcus(Reuters) -Facebook parent Meta Platforms Inc, Twitter Inc and Pinterest Inc separately said on Tuesday that they will not send teams to the Consumer Electronics Show (CES) in Las Vegas next month as concerns grow about […]

Check out the companies making headlines in midday trading. Rite Aid — Shares of Rite Aid rallied more than 16% after it reported a quarterly profit of 15 cents per share, smashing analysts' expectations for a quarterly loss of 32 cents per share. The drugstore chain also announced a store-closure program it expects will help save about $25 million annually. […]

Nifty tests 16,800 Equity benchmark Sensex surged over 600 points in early trade on Tuesday, tracking gains in index majors ICICI Bank, Infosys and Reliance Industries amid a positive trend in other Asian markets. The 30-share index jumped 635.96 points to 56,457.97 in the opening trade. Similarly, the Nifty advanced 187.05 points to 16,801.25. HCL Tech was the top gainer […]