May 2024 – Page 66 – UAG Trade Asia

Europe Shares Struggle for Direction in Earnings Tide, Fed Decision

May 2, 2024
Finance
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ING jumps on new share buyback, strong Q1 Novo Nordisk slides as obesity drug concerns weigh EZ factory activity took turn for the worse in April PMI May 2 Reuters European shares flitted in a tight range on Thursday, after falling to a oneweek low in early trade, as investors returned from a midweek holiday […]

May 2, 2024
Finance
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SEOUL, May 2 Reuters South Korea on Thursday unveiled guidelines for companies participating in a government programme aimed at enhancing shareholder value, but some analysts warned that more incentives or penalties were needed for the reforms to have an impact. The financial regulator39;s announcement is a followup to the Corporate Valueup Programme first proposed in February that […]

Indonesias Inflation Rate Eases Slightly in April

JAKARTA, May 2 Reuters Indonesia39;s annual inflation rate cooled slightly in April as pressure from some food prices eased as the harvest season began, the country39;s statistics bureau said on Thursday, staying within the central bank39;s 1.5 to 3.5 target range. The Consumer Price Index rose 3.00 on a yearly basis in April, compared with […]

Chip Parts Supplier Siltronics Profit Falls on High Client Inventories

May 2 Reuters German chip equipment supplier Siltronic reported a 27.5 drop in firstquarter core profit on Thursday, a week after it slashed annual targets due to customers39; still high inventories. The company, which makes silicon wafers used in semiconductor chips, posted quarterly earnings before interest, tax, depreciation and amortisation EBITDA of 90.8 million euros 97.3 […]

UK Set for Weak Growth and Highest Inflation in G7, OECD

LONDON, May 2 Reuters Britain will suffer some of the lowest rates of economic growth and highest inflation among Group of Seven countries this year and next, forecasts from the Organisation of Economic Cooperation and Development suggested on Thursday. The OECD cut this year39;s growth forecast for the British economy to 0.4 from 0.7 it […]

Dax Moves Higher, Nasdaq 100 quiet, while Hang Seng Roars to New 2024 high

While the Dax is trying to recoup lost ground and the Nasdaq 100 readies itself for Apple earnings, the Hang Seng continues to enjoy an impressive rally

Market Update – US Dollar, Gold, Japanese Yen on the Move, Apple Earnings and NFPs Next

Fed Chair Jerome Powell gave financial markets a slight dovish nudge last night, seemingly ruling out any US interest rate hikes. Yesterday’s weak JOLTs data put the spotlight on Friday’s NFP report.

May 1, 2024
Business
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Reuters Amazon.com reported quarterly results above Wall Street39;s expectations on Tuesday, as interest in artificial intelligence helped drive cloudcomputing growth. CEO Andy Jassy told analysts that for Amazon there is a big opportunity in front of us in servicing AI customers. Shares of the Seattlebased ecommerce and tech company climbed less than 2 in extended trade […]

May 1, 2024
Business
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Sale via block trade at A5.22 apiece Endeavour shares fall as much as 5 Stake sale timing slightly unusualanalyst May 1 Reuters Australian retailer Woolworths said on Wednesday that it would sell a 5 stake worth A468 million 302.84 million in Endeavour Group, almost three years after spinning out the liquor store and pub operator. The […]

May 1, 2024
Business
No Comments

Middle East economic volatility continues to impact sales Adverse weather impacts demand in Q2 in the U.S. Slowerthanexpected recovery persists in China Shares fall 12 in afterhours trade Reuters Starbucks on Tuesday cut its annual sales forecast after reporting a fall in samestore sales for the first time in nearly three years, as it struggles with […]

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Europe Shares Struggle for Direction in Earnings Tide, Fed Decision

S.Korea Unveils Voluntary Guidelines to Unlock Shareholder Value

Indonesias Inflation Rate Eases Slightly in April

Chip Parts Supplier Siltronics Profit Falls on High Client Inventories

UK Set for Weak Growth and Highest Inflation in G7, OECD

Dax Moves Higher, Nasdaq 100 quiet, while Hang Seng Roars to New 2024 high

Market Update – US Dollar, Gold, Japanese Yen on the Move, Apple Earnings and NFPs Next

Amazon Results Beat Estimates, Revenue Forecast Misses

Australian Woolworths to Sell 303M Stake in Endeavour Group

Starbucks Cuts Annual Sales Forecast as Demand Cools in Key US, China Markets

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