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Recent Posts

  • Superior Industries downgraded to ’CC’ at S&P amid potential debt restructuring
    May 13, 2025
  • S&P 500 climbs as cooling inflation keeps trade-driven optimism intact
    May 13, 2025
  • Trump says US adding $1 trillion of investment with Saudi trip
    May 13, 2025
  • November 14, 2024

US CPI data supports 25 bps Fed rate cut in December, Macquarie says

Macquarie’s team noted that the latest consumer price index (CPI) data supports their call for a 25 basis points interest rate cut in December. Inflation ticked...

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  • November 14, 2024

Japan's SMFG lifts profit forecasts after Q2 net income rises 27%

TOKYO (Reuters) - Sumitomo Mitsui Financial Group (NYSE:SMFG), Japan's second-largest lender by assets, raised its annual net profit forecast on Thursday to a record 1.16...

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  • November 14, 2024

Indonesia stocks lower at close of trade; IDX Composite Index down 0.88%

– Indonesia stocks were lower after the close on Thursday, as losses in the Infrastructure, Financials and Agriculture sectors led shares lower. At the close in...

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  • November 14, 2024

Aviva posts strong Q3 trading update, shares up

Shares of Aviva (LON:AV) rose on Thursday following its trading update that posted strong sales across key areas, despite challenges from increased insurance...

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  • November 14, 2024

Crypto market cap hits record $3.2 trillion, CoinGecko data shows

The global cryptocurrency market has surged past $3 trillion, with Donald Trump’s election as US president fueling speculation that friendlier regulations could...

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  • November 14, 2024

Top Russian official Shoigu visits Zhuhai air show on final trade day

By Gerry Doyle and Sophie Yu SINGAPORE/ZHUHAI, China (Reuters) - The trade portion of China's largest air show in Zhuhai wrapped up on a rainy Thursday, with the secretary of...

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  • November 14, 2024

Siemens shares higher on better-than-expected earnings

Shares of Siemens AG (OTC:SIEGY) jumped on Thursday after it beat expectations in Q4, reporting a 7% profit beat driven by robust performance across key...

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  • November 14, 2024

Japan's MUFG lifts profit forecasts after Q2 net income nearly doubles

TOKYO (Reuters) - Mitsubishi UFJ (NYSE:MUFG) Financial Group, Japan's top lender by assets, on Thursday raised its annual net profit forecast to a record 1.75 trillion yen ($11.23...

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  • November 14, 2024

Japan stocks lower at close of trade; Nikkei 225 down 0.61%

– Japan stocks were lower after the close on Thursday, as losses in the Precision Instruments, Automobiles & Parts and Power sectors led shares lower. At the close...

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  • November 14, 2024

Italy brings on board Banco BPM in $1.2 billion Monte dei Paschi stake sale

By Giuseppe Fonte, Valentina Za and Andrea Mandala ROME (Reuters) -Italy on Wednesday raised 1.1 billion euros ($1.16 billion) by selling 15% of bailed-out bank Monte dei Paschi...

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