By Lewis Jackson and Stella Qiu SYDNEY (Reuters) - Volkswagen (ETR:VOWG_p) Australia said on Friday it was concerned about the exit of electric vehicle makers Tesla (NASDAQ:TSLA) and Polestar (NASDAQ:PSNY) from Australia\'s major automotive lobby in protest over the organisation\'s criticism of proposed vehicle emissions rules. The German automaker said it supported the government\'s proposed...
The euro showed mixed trading against its major rivals in the European session on Thursday, after the release of the euro area private sector growth data for August. Data from the flash survey compiled by S&P Global showed that the HCOB composite output index improved to a three-month high of 51.2 in August from 50.2...
The Singapore stock market has moved higher in three straight sessions, gathering almost 50 points or 1.6 percent along the way. The Straits Times Index now sits just above the 3,220-point plateau and it\'s expected to see additional support on Friday. The global forecast for the Asian markets is positive on optimism over the outlook...
On Wednesday, Goldman Sachs initiated coverage on Carnival Corporation (NYSE:CCL) with a Buy rating and a price target of $20.00. The investment firm highlighted several factors contributing to Carnival\'s favorable outlook for 2024. Among these are expectations of a conservative guide from the company despite anticipated larger occupancy recovery, particularly due to its higher exposure...
The first quarter of this year has seen $336 million lost to Web3 hackers and fraud, with nearly half of the capital stolen in January alone. Nonetheless, the number represents a 23% decrease compared to the first quarter of 2023, according to the latest report by bug bounty and security services platform Immunefi. Notably, said...
LOS ANGELES - Kilroy Realty Corporation (NYSE: NYSE:KRC) has successfully amended and extended its senior unsecured revolving credit facility, now allowing for borrowings of up to $1.1 billion through July 31, 2028, before extension options. The real estate investment trust, which specializes in office, life science, and mixed-use projects, announced the three-year extension of the...
The Thai stock market has moved lower in consecutive trading days, stumbling more than 15 points or 1.1 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,350-point plateau and it\'s expected to extend its losses on Thursday. The global forecast for the Asian markets is negative on concerns over...
The Taiwan stock market has finished higher in four straight sessions, advancing more than 750 points or 3.8 percent in that span. The Taiwan Stock Exchange now sits just beneath the 19,700-point plateau and it\'s likely to open higher again on Friday. The global forecast for the Asian markets is upbeat on growing optimism over...
The Canadian market is up firmly in positive territory a little past noon on Friday with stocks from across several sectors moving higher as investors cheer upbeat jobs data, and a report showing a slight slowdown in the annual rate of U.S. producer prices growth. Data from Statistics Canada showed that employment in Canada rose...
Ahead of two days off because of Typhoon Krathon, the Taiwan stock market had ended the two-day slide in which it had dropped more than 630 points or 2.9 percent. The Taiwan Stock Exchange now rests just above the 22,390-point plateau and its looking at a soft start upon its return on Friday. The global...