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FTSE 100 Rises on Support from BP, ChinaExposed Stocks

FTSE 100 up 0.6, FTSE 250 adds 0.3 BP rises on Q4 profit beat, increases share buybacks British retailers reported sluggish sales in January Renishaw sees improved H2 trading, top performer on FTSE 250 Feb 6 Reuters Britain39;s FTSE 100 moved higher on Tuesday, helped by a rise in energy shares over upbeat results from […]
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Europe Stocks Edge Up; BP, China Stimulus Offset Rate Jitters

BP rallies after upbeat earnings, buyback increase UBS slips after Q4 results Nordic Semiconductor sinks after bleak outlook Feb 6 Reuters European stocks edged higher on Tuesday as bumper earnings from BP helped offset losses in UBS and Nordic Semiconductor, while investors took comfort from fresh stimulus for China39;s battered financial markets. The panEuropean STOXX […]
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Japans Dec Real Wages Fall, but at Slower Pace

TOKYO, Feb 6 Reuters Japanese workers39; real wages fell for a 21th consecutive month in December but at a slower pace, data showed on Tuesday, as inflation eased, but a higher rate of wage growth is needed for the government39;s bid to support the economy. Along with inflation, Japan39;s wage trend is closely watched, with […]
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China Regulator Unveils more Curbs on ShortSelling

BEIJINGSHANGHAI, Feb 6 Reuters China39;s securities regulator said on Tuesday it would suspend brokerages from borrowing shares for lending and cap the size of socalled securities refinancing, as part of further efforts to curb shortselling. The watchdog will also ban securities lending to investors who sell stocks on the same day of purchase, and vowed […]
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Singapores Banks Profits Set to Peak as Rates Boost Fades

SINGAPORE, Feb 6 Reuters Singaporean banks are set to post higher profits for the fourth quarter because of higher interest rates, though growth momentum is poised to slow as big central banks pivot toward rate cuts and volatile markets weigh on their mainstay wealth business. The banks are also expected to see sharper scrutiny of […]
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Toyota Hikes Annual Profit Forecast after Q3 Beats Expectations

Hikes fullyear profit forecast by about 9 to 4.9 trillion yen Toyota39;s Q3 operating profit surges almost 76 Shares jump 4.4 after the announcement TOKYO, Feb 6 Reuters Japan39;s Toyota Motor raised its fullyear operating profit forecast by nearly 9 on Tuesday, after its thirdquarter earnings raced past analysts39; estimates thanks to a weaker yen and […]
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UBS Plans to Restart Share Buybacks, Logs Q4 Loss

ZURICH, Feb 6 Reuters UBS said on Tuesday it had completed the first phase of integrating fallen rival Credit Suisse, was benefiting from net new asset flows and plans to restart share buybacks in the second half of the year, with up to 1 billion slated for 2024. The Swiss bank also said it was proposing […]
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