August 2024 – Page 51 – UAG Trade Asia

Indias Bosch Posts Smallest Rise in Profit in Five Quarters

August 7, 2024
Business
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BENGALURU, Aug 6 Reuters Auto partsmaker Bosch, the Indian unit of German automotive supplier Robert Bosch GmbH, reported its smallest profit climb in the last five quarters on Tuesday as its inventory built up due to slow retail sales of cars. Its net profit rose almost 14 yearonyear to 4.66 billion rupees 55.5 million in […]

August 7, 2024
Business
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BENGALURU, Aug 6 Reuters Indian twowheeler maker TVS Motor Company reported a betterthanexpected firstquarter profit on Tuesday, led by firm demand for its twowheelers and strong margins. The company, which makes the Jupiter brand of scooters and the Apache line of motorcycles, said its profit rose 23.5 to 5.77 billion rupees 68.77 million in the quarter […]

August 7, 2024
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Aug 6 Reuters Total U.S. household debt levels edged up in the second quarter but overall delinquency rates stabilized, indicating that borrowers are still in decent enough shape to support the economy, a report from the Federal Reserve Bank of New York said on Tuesday. The bank report, part of its survey of household debt […]

August 7, 2024
Finance
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Dollar up 0.3 against its rivals Traders see a 100 chance of rate cut in September Palladium fell to lowest level since 2017 on Monday Aug 6 Reuters Gold prices eased on Tuesday as the dollar firmed, although expectations of a U.S. rate cut in September and escalating geopolitical tensions in the Middle East kept […]

August 7, 2024
Finance
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Aug 6 Reuters The spike in stock market volatility may be good news for at least one group of asset managers those rolling out buffer exchangetraded funds ETFs that offer investors the chance to swap some stock market upside for downside protection. Over the last three years, assets invested in these products have soared to […]

August 6, 2024
Oil
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Fear of wider Middle East conflict spurs buying Protests lead to output disruptions in Libya Financial markets recover from recent selloff US gasoline demand likely above 9 million bpd last week UBS NEW YORK, Aug 6 Reuters Oil prices rose about 1 in volatile trade on Tuesday, bouncing off multimonth lows hit in the previous […]

August 6, 2024
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OTTAWA, Aug 6 Reuters Canada recorded a surprise trade surplus of C638 million 461 million in June, data showed on Tuesday, mainly led by a jump in shipments of crude oil from the recently expanded Trans Mountain Pipeline. A surge in exports of gold also boosted exports and, together with energy products shipments, helped exports […]

August 6, 2024
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DUBLIN, Aug 6 Reuters Ireland collected 9.5 more tax in the first seven months of the year than in the same period in 2023 following another rise in income tax and VAT receipts last month, the finance ministry said on Tuesday. Ireland has racked up record levels of tax in each of the last three […]

August 6, 2024
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LONDON, Aug 6 Reuters British shoppers kept a tight grip on their purse strings last month as rainy weather again dampened their appetite for spending, according to two surveys published on Tuesday. Barclays said spending on its credit and debit cards fell by 0.3 in annual terms in July, the second drop since February 2021 […]

August 6, 2024
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DUBLIN, Aug 6 Reuters Irish service sector growth moderated slightly for the second successive month in July, but a pick up in new business, the yearahead outlook and jobs growth pointed to positive signs for firms, a survey showed on Tuesday. The AIB Global SP Purchasing Managers39; Index PMI fell to 53.6 from 54.2 in […]

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Indias Bosch Posts Smallest Rise in Profit in Five Quarters

Indias TVS Motor Beats Q1 Profit View on Strong Demand, Margins

US Household Debt Levels Edge Up in Q2, NY Fed Survey Shows

Gold Eases as Dollar Firms, Fed Rate Cut Hopes Lend Support

US Market Volatility Puts Buffer ETFs in the Spotlight

Oil Prices Recover from MultiMonth Lows in Volatile Trade

Crude Oil, Gold Exports Help Canada Swing to Surprise Trade Surplus in June

Irish 2024 Tax Take Up 9.5 at the End of July

UK Weather Rains on Consumer Spending in July

Irish Services Growth Moderates Slightly, Outlook Brightens, PMI

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