News

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20 Dec 2024 04:30

US Imposes Sanctions on Additional Tankers Allegedly Involved in Iranian Oil Trade

Daily News

Forex - The U.S. has imposed sanctions on more tankers and companies involved in the trade of Iranian oil, which is claimed to fund Tehran-supported militia group...

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20 Dec 2024 04:25

S&P Global: Trump's Tariffs to Dampen Performance of Japanese Companies

Daily News

According to S&P Global Ratings analysts, the announcement by elected U.S. President Donald Trump that he will impose higher tariffs on imports to the U.S. will n...

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20 Dec 2024 04:20

Market Outlook: The Risk Balance for the Dollar Seems to Tilt Downward in the Short Term

Daily News

Maybank analysts suggested that the risk balance for the dollar appears to have shifted downward in the near term. The DXY index rose to its highest level for 202...

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20 Dec 2024 03:50

Central Bank of Costa Rica Keeps Interest Rate Unchanged

Daily News

Forex - The Central Bank of Costa Rica (BCCR) decided to keep the policy interest rate unchanged in its last meeting of the year. According to the statement from ...

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20 Dec 2024 03:25

Core Inflation in Japan Hits Highest Level in 7 Months

Daily News

In Japan, core inflation, excluding fresh food and energy prices, rose to its highest level since April in November. Inflation, excluding fresh food and energy pr...

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20 Dec 2024 03:20

China's Central Bank Keeps Benchmark Lending Rates Steady

Daily News

Forex - The People's Bank of China (PBOC) has kept its benchmark lending rates unchanged. The one-year loan prime rate (LPR) remains at 3.1%, while the five-year ...

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19 Dec 2024 21:58

Oil Market Sentiment Improves as Excess Supply Concerns Ease, According to Macquarie

Daily News

In a recent note, Macquarie observed a shift in the oil market's perception of balance for 2025, indicating a less pessimistic outlook. This change in sentiment i...

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19 Dec 2024 21:43

Post-Market Movers: FedEx, Nike, U.S. Steel, and More

Daily News

Post-Session Stock Movements: FedEx (NYSE:FDX) rose by 10%. The company announced its decision to fully separate FedEx Freight through capital markets and create ...

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19 Dec 2024 21:37

Yen Set to Recover in 2025 as Fed's Easing Cycle Impact Wanes, According to Capital Economics

Daily News

Capital Economics shared its views on the performance of the Japanese yen against the US dollar on Thursday, forecasting that the yen will have a stronger year in...

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19 Dec 2024 21:35

U.S. Steel Stocks Decline Due to Weak Guidance

Daily News

Investing.com -- Shares of United States Steel Corporation (NYSE:X) fell by 5% following the company’s updated fourth-quarter guidance that fell short of market e...

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19 Dec 2024 21:26

Mission Produce Shares Surge 8% on Better-Than-Expected Q4 Results

Daily News

OXNARD, Calif. - Avocado producer Mission Produce, Inc. (NASDAQ:AVO) shares rose 8.7% after the market closed on Thursday. The company reported that its fourth-qu...

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19 Dec 2024 21:18

Scholastic Shares Plunge 14% as Q2 Earnings and Revenue Fall Short of Expectations

Daily News

NEW YORK - Shares of children's book publisher Scholastic Corporation (NASDAQ:SCHL) experienced a sharp decline of 14% following the company's announcement of fin...

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19 Dec 2024 21:17

Nike Reports Earnings of $0.13, Surpassing Expectations, with Profits Also Beating Forecasts

Daily News

According to Nike's (NYSE: NKE) report, the earnings per share for the second quarter were $0.78, which is $0.13 better than analysts' expectations of $0.65. The ...

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19 Dec 2024 21:08

FedEx Earnings Meet Expectations, But Profit Falls Short

Daily News

According to the FedEx (NYSE: FDX) report, the earnings per share for the second quarter were $4.05, aligning with analysts' expectations of $4.05. The reported e...

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19 Dec 2024 21:03

Capital Economics Forecasts Modest Global GDP Growth in 2025

Daily News

Capital Economics has published its global economic forecast, predicting reasonable global GDP growth and a continued normalization of monetary policy by 2025. Th...

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19 Dec 2024 20:57

Czech Central Bank Holds Rate Steady at 4%, Capital Economics Predicts Resumption of Rate Cut Cycle

Daily News

The Czech National Bank (CNB) maintained its policy rate at 4.00% on Thursday, pausing the recent series of rate cuts. This has led Capital Economics to predict t...

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19 Dec 2024 20:47

Emerging Markets Face Growth Challenges in 2025, According to Capital Economics

Daily News

Capital Economics anticipates strong challenges in growth for emerging markets in 2025, predicting that expectations will remain below consensus. The firm forecas...

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19 Dec 2024 20:33

Lumen Technologies Shares Surge on Potential Sale of Consumer Fiber Division

Daily News

Lumen Technologies (NYSE:LUMN) shares rose by 4.3% following a Reuters report indicating that the company has initiated a process to sell its consumer fiber opera...

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19 Dec 2024 20:27

Riksbank Takes a Hawkish Stance While Norges Bank Remains More Balanced, According to BofA

Daily News

According to a note published by BofA Global Research on Thursday, their view on Riksbank and Norges Bank indicates that the Swedish central bank has adopted a mo...

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19 Dec 2024 20:15

Google Introduces AI Mode to Compete with Chatbots in Search Engine - The Information

Daily News

According to a report based on sources from The Information, Google (NASDAQ: GOOGL) plans to add an artificial intelligence mode to its search engine that can com...

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19 Dec 2024 20:07

BILL Stock Soars with Inclusion in S&P MidCap 400

Daily News

BILL Holdings Inc. (NYSE: BILL) shares rose by 6% after the announcement that the company will be included in the S&P MidCap 400 index. The addition to the index ...

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