The Mexican peso (MXN) is one of the world's most traded currencies and is third in the Western Hemisphere, behind only the U.S. dollar (USD) and the Canadian dollar (CAD). The Mexican peso has ...
President Donald Trump on Tuesday is announcing investments worth up to $500 billion for infrastructure tied to artificial intelligence by a new partnership formed by OpenAI, Oracle and SoftBank.
Meanwhile, the dollar rose after U.S. President Donald Trump slapped Colombia with retaliatory levies and sanctions for turning away military aircraft carrying deported migrants. U.S. Nasdaq Composite futures tumbled 1.
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The dollar edged higher in early Asian trading following the trade sanctions on Colombia while the Mexican peso declined.
EU mid-market update: AI industry gets rattled by DeepSeek, putting OpenAI and Nvidia dominance in severe doubt; Trump tariff mantra wins first geopolitical test.
Colombia's Grupo Argos reported a 221% increase in net profit in 2024, rising to 2.53 trillion pesos ($609 million), the conglomerate announced in a statement on Thursday.
In currencies, the dollar jumped 0.3% against the Chinese yuan in offshore trading, and rallied 0.4% versus the Aussie and 0.5% versus the New Zealand dollar, with the antipodean currencies tending to act as more liquid proxies for China's currency due to close trade ties.
In currencies, the dollar jumped 0.3 per cent against the Chinese yuan in offshore trading, and rallied 0.4 per cent versus the Aussie and 0.5 per cent versus the New Zealand dollar, with the antipodean currencies tending to act as more liquid proxies for China's currency due to close trade ties.
Tokyo-listed companies linked to the AI sector tanked for a second straight day as investors tracked a rout on Wall Street that saw Nvidia Corp crumble 17 percent, wiping more than half a trillion dollars off its market capitalization.
Experts believe that DeepSeek's emergence suggests that China can continue to make strides in the AI race despite US restrictions
By Chibuike Oguh and Greta Rosen Fondahn NEW YORK/GDANSK (Reuters) -The U.S. dollar strengthened against the yen on Tuesday amid fresh tariff threats from the Trump administration and as concerns over