July 2024 – Page 13 – UAG Trade Asia

Nestle India Misses Q1 Estimates, Posts Slowest Revenue Growth in 8Y

July 25, 2024
Business
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BENGALURU, July 25 Reuters Nestle India39;s firstquarter profit and revenue came in below expectations on Thursday as price hikes drove shoppers towards cheaper rivals, pushing the consumer giant to mark its slowest revenue growth in eight years. The Indian arm of the Swiss food giant Nestle reported a net profit of 7.47 billion rupees for the threemonth […]

July 25, 2024
Business
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July 25 Reuters Unilever beat firsthalf profit expectations on Thursday boosted by resilient pricing even as sales growth disappointed. Shares in the maker of Dove soap and Hellmann39;s condiments rose 6.8 in early trade to the top of London39;s FTSE 100 index. Unilever posted a 3.9 rise in secondquarter underlying sales, below the 4.2 increase expected […]

July 25, 2024
Business
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PARIS, July 25 French oil major TotalEnergies reported a 6 fall in secondquarter earnings on Thursday, worse than analysts expected, hurt by lower refined product and gas sales and as European refining margins tumbled. Adjusted net income for the three months to June 30 was 4.7 billion, down from 4.96 billion a year earlier and 5.1 billion in […]

July 25, 2024
Business
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Anglo to start nickel assets sale process this year Takes 1.6 bln writedown on fertiliser project LONDON, July 25 Reuters Anglo American took a further 1.6 billion writedown on its British fertiliser project on Thursday but said it expects to reach a deal to sell its coal assets by early 2025 despite a fire at one […]

Apple Q3 Earnings Preview: a Closer Look at Earnings Forecasts and China Market Strategy

Discover what to expect from Apple’s Q3 earnings report on 2 August, with a focus on financial forecasts, share repurchases, and the tech giant’s strategy as it navigates challenges in China.

July 25, 2024
Finance
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Previous Trading Days Events 24.07.2024 The Bank of Canada BoC decided to cut its key interest rate by 25 basis points for the second month in a row, bringing it to 4.5 and said more reductions in borrowing costs were likely if inflation continued to cool in line with forecasts. We are increasingly confident that […]

July 25, 2024
Finance
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BENGALURU, July 25 Reuters Foreign investors sold nearly 1 billion worth of Indian equities in the two days since the government raised taxes on derivatives trades and on capital gains from equity investments in its annual budget. Foreign portfolio investors FPIs net sold shares worth 81.06 billion rupees 968 million on Tuesday and Wednesday, provisional data from the National […]

AUD Technical Analysis: Aussie Dollar Takes a Hit on Weaker Market Sentiment

The Australian dollar remains fragile as markets pivot away from high-beta, riskier currencies in favour of safe havens like the Japanese yen and Swiss franc

July 25, 2024
Uncategorized
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SHANGHAI, July 25 Reuters China39;s central bank surprised markets for a second time this week by conducting an unscheduled lending operation on Thursday at steeply lower rates, suggesting authorities are trying to provide heavier monetary stimulus to prop up the economy. The mediumterm lending facility MLF operation comes after the central bank cut several benchmark lending […]

July 25, 2024
Uncategorized
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BANGKOK, July 25 Reuters Car production in Thailand fell 20.11 in June from a year earlier due to tighter financing rules and high consumer debt, and fullyear production is now expected to be lower than in 2023, the Federation of Thai Industries FTI said on Thursday. The figure compared with May39;s 16.19 yearonyear drop. In […]

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Nestle India Misses Q1 Estimates, Posts Slowest Revenue Growth in 8Y

Unilever Delivers Profit Beat Despite Disappointing Sales

TotalEnergies Q2 Earnings Fall 6 on Weak Refined Product and Gas Demand

Anglo Takes Further Fertiliser Writedown, sees Coal Deal by Early 2025

Apple Q3 Earnings Preview: a Closer Look at Earnings Forecasts and China Market Strategy

BOC 2nd Cut as Expected, USD Gains against CAD, U.S. Grim Eurozone PMIs, Stocks Plunged, BTC Retreats from Highs

Foreigners Sell nearly 1B in Indian Equities in Two Days since Budget

AUD Technical Analysis: Aussie Dollar Takes a Hit on Weaker Market Sentiment

China Central Bank Surprises by Lending again at Lower Rates

Thailand Car Production Drops Sharply in June, Local Sales Fall

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