Reversing the gains in the previous three sessions, the Japanese stock market is sharply lower in on Friday, following the mixed cues from Wall Street overnight. The benchmark Nikkei 225 is retracting from all-time highs to plunge 2 percent to below the 41,400 level, with weakness across most sectors led by index heavyweights, exporters and...
Indian shares are likely to open higher on Friday as softer-than-expected U.S. inflation data bolstered hopes for two Federal Reserve rate cuts this year. That said, volatility cannot be ruled out due to apprehensions over quarterly earnings and concerns over rising oil prices on signs of stronger demand. After market hours on Thursday, Tata Consultancy...
Casino-entertainment company Bally\'s Corp. (BALY) announced Friday a refreshed Bally\'s Chicago Casino permanent site plan that features a planned 500-room, 34-story hotel tower into a single-phase construction project at the 30-acre former Tribune Publishing site, pending approval of the Chicago Department of Planning & Development. In new renderings released now, the future Bally\'s Chicago Casino...
Following yesterday\'s tamer-than-expected consumer price inflation data, the Labor Department released a report on Friday showing producer prices in the U.S. increased by slightly more than expected in the month of June. The Labor Department said its producer price index for final demand rose by 0.2 percent in June following a revised unchanged reading in...
Dollar General Corp. has agreed with the U.S. regulator for a corporate-wide settlement over safety allegations. The discount store operator will pay $12 million in penalties under the settlement, and agreed to make significant workplace safety improvements in stores across the United States. These include new safety protocols, hiring of more safety staff, and a...
AbbVie, Inc. (ABBV) announced Friday that it has submitted applications for a new indication to the U.S. Food and Drug Administration (FDA) and European Medicines Agency (EMA) for upadacitinib (RINVOQ 15 mg, once daily) for the treatment of adult patients with giant cell arteritis (GCA). GCA is an autoimmune disease of medium and large arteries...
Following yesterday\'s tamer-than-expected consumer price inflation data, the Labor Department released a report on Friday showing producer prices in the U.S. increased by slightly more than expected in the month of June. The Labor Department said its producer price index for final demand rose by 0.2 percent in June following a revised unchanged reading in...
Singapore\'s gross domestic product expanded 2.9 percent on year in the second quarter of 2024, the Ministry of Trade and Industry said in Friday\'s preliminary reading. That exceeded expectations for an increase of 2.7 percent following the upwardly revised 3.0 percent gain in the three months prior (originally 2.7 percent). On a seasonally adjusted quarterly...
The manufacturing sector in New Zealand continued to contract in June, and at a much faster rate, the latest survey from BusinessNZ revealed on Friday with a Performance of Manufacturing Index score of 41.1. That\'s down sharply from 47.2 in May and it moves further beneath the boom-or-bust line of 50 that separates expansion from...
The Taiwan stock market has finished higher in seven straight sessions, surging almost 1,500 points or 6.3 percent along the way. The Taiwan Stock Exchange now sits just beneath the 24,400-point plateau although investors figure to cash in on Friday. The global forecast for the Asian markets suggests profit taking, particularly among the technology sectors....
