For Traders   |   For Investors   |   For Fund Manager
Login Now
Sign Up

German Stocks Hit Record High on Easing Inflation, US Data on Tap

Italy39;s Poste raises dividends after quarterly profit leap Nivea maker Beiersdorf slides on results miss U.S. PCE data for Jan due later today Feb 29 Reuters European stocks edged higher on Thursday, buoyed by upbeat earnings reports, while German stocks touched fresh records after early readings showed inflation fell in several of the country39;s economically […]
Read More

Sterling Set for Monthly Decline on Dollar and Euro

LONDON, Feb 29 Reuters The pound was set for a small monthly decline against both the dollar and the euro on Thursday, on a busy day for inflation data elsewhere in the world, while investors in Britain39;s focus began turning to next week39;s budget. Sterling was last down 0.06 against the dollar at 1.2654 and […]
Read More

Oil Falls on US Demand Worries, Interest Rate Fears

U.S. crude stockpiles build for fifth straight week Elevated interest rates also weigh on prices Market eyes potential OPEC output cut extension SINGAPORE, Feb 29 Reuters Oil prices fell on Thursday after a largerthanexpected build in U.S. crude stockpiles stoked worries about slow demand, while signs that U.S. interest rates could remain elevated added to […]
Read More

AMC Tumbles; Hollywood Strikes, Higher Expenses Hit Results

Feb 29 Reuters AMC Entertainment slumped more than 10 on Thursday as the movie industry continued to reel from the impact of twin Hollywood strikes, driving the theater chain to post a largerthanexpected quarterly loss. The writers and actors39; strikes have crippled much of the industry, leading to fewer releases following the blockbuster summer successes of […]
Read More

CIBC Q1 Profit Beats Estimates on Robust Canada Banking

Feb 29 Reuters Canadian Imperial Bank of Commerce exceeded estimates for firstquarter profit on Thursday, driven by gains in its domestic personal and business banking unit that offset a blow from higher provisions it set aside for potential bad debts. Although higher interest rates have slowed demand for bank loans, they have helped to boost income […]
Read More

Hong Kong Exchanges 2023 Profit Misses Forecast as new Listings, Trading Income Sags

HONG KONG, Feb 29 Reuters Hong Kong39;s bourse operator on Thursday reported an 18 profit rise in 2023, but missed estimates as higher investment income was offset by a drop in trading and listing activities amid worsening macro conditions in the Asian financial hub. China39;s economic slowdown, a sweeping regulatory tightening that hampered large companies39; […]
Read More

Archives

Categories