European stocks traded higher on Thursday, with underlying sentiment supported by positive corporate and earnings news. On a busy day of economic calendar, investors await the release of the eurozones second estimate for gross domestic product growth and third-quarter flash employment data later in the day. Minutes from the European Central Banks (ECB) October policy...
Indian shares moved in a narrow range before finishing marginally lower on Thursday ahead of a public holiday for markets on Friday for Guru Nanak Jayanti. The benchmark 30-share BSE Sensex ended the session down 110.64 points, or 0.14 percent, at 77,580.31, extending declines for a sixth day running and marking a weekly decline of...
Higher Canadian and U.S. futures, and firm crude oil prices point to a positive start on Bay Street on Thursday. The focus will be on earnings, and Fed Chair Jerome Powells speech, as well as on U.S. producer price inflation data. Keyera Corporation (KEY.TO) reported net earnings of $184.6 million for the quarter ended September...
The euro area economy expanded as initially estimated in the third quarter and employment growth showed an improvement, data from Eurostat showed on Thursday. Gross domestic product climbed 0.4 percent sequentially, which was double the 0.2 percent expansion seen in the second quarter, flash estimate showed. On a yearly basis, economic growth increased to 0.9...
Shares of Siemens AG were gaining around 6 percent in the morning trading on Germanys XETRA after the conglomerate on Thursday issued positive revenue outlook for fiscal 2025, after reporting higher profit and orders in its fourth quarter. Further, Siemens President and CEO Roland Busch reportedly announced potential cut of up to 5,000 jobs worldwide...
First-time claims for U.S. unemployment benefits unexpectedly edged lower in the week ended November 9th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims slipped to 217,000, a decrease of 4,000 from the previous weeks unrevised level of 221,000. Economists had expected jobless claims to inch up...
Jump Trading settles SEC charges with a $123M fine for its role in supporting TerraUSD’s algorithmic stability.SEC claims Jump Trading misled investors about TerraUSD and violated securities laws during Luna token offerings. Jump Trading has suffered major legal and financial ramifications for its role in supporting the TerraUSD algorithmic stablecoin, which famously failed and wiped...
JAKARTA -PT Resource Alam Indonesia Tbk (KKGI) will distribute interim stock dividend with the ratio of 190:3, meaning that 190 old shares will grant the owner 3 new shares. In the prospectus quoted Monday (11/11), it is said that the shares distributed from treasury stock gained from the third round of buyback on March 2,...
Bank Permata Tbk (BNLI) has received a new rating from Pemeringkat Efek Indonesia (Pefindo), a local security rating agency, of “idAAA” with Stable prospect. This rating is effective until October 1, 2025. In the official statement, Pefindo mentioned that BNLI’s rating reflects a solid support from its new parent entity, Bangkok Bank Public Company Limited....
Champ Resto Indonesia Tbk (ENAK), a food & beverage (F&B) that owns Gokana Ramen & Teppan restaurant chain, managed to book net profit of IDR 19.74 billion within the first nine months (9M) of 2024. Said number increased 35.93% year-on-year (yoy), compared to ENAK’s net profit in 9M 2023 that only reached IDR 14.53 billion....