New Zealand will on Monday release June figures for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity. In May, imports were worth NZ$6.95 billion and exports were at NZ$7.16 billion for a trade surplus of NZ$204 million. Taiwan will provide June data for export orders and unemployment; in May, orders...
JAKARTA -PT MPX Logistics International Tbk (MPXL)obtained investment credit facility worth IDR 41.48 billion from PT Bank Central Asia Tbk (BBCA). In the information disclosure quoted Wednesday (7/8), James Sigit Chandra, Corporate Secretary of MPXL, mentioned that the credit facility will be allocated to the company’s working capital. “It will be spent on fleet addition...
This optimism is largely based on the formation of a Cup and Handle pattern, which suggests that Bitcoin’s uptrend could continue despite its price lapse over the past few months. If this pattern follows through, it forecasts a Bitcoin price target of around $110K, surpassing its previous all-time high of $73,750.07. Analysts Eye Q4 2024...
The Singapore stock market on Friday wrote a finish to the three-day winning streak in which it had climbed almost 50 points or 1.6 percent. The Straits Times Index now sits just above the 3,215-point plateau and the losses may accelerate on Monday. The global forecast for the Asian markets is mixed, with strength from...
In a recent transaction, Kevin G. Hostetler, the Chief Executive Officer of Array Technologies, Inc. (NASDAQ:ARRY), sold 8,176 shares of the company\'s common stock. The sale was executed at a price of $12.30 per share, resulting in a total value of $100,564. Array Technologies, known for its work in the miscellaneous manufacturing industries, saw this...
The UK construction sector remained in the growth territory for the fourth straight month in June but the pace of expansion softened amid a renewed fall in housing activity, survey data from S&P Global showed on Thursday. The headline construction Purchasing Managers\' Index posted 52.2 in June, down from 54.7 in May. A reading above...
-- Anglo-Australian miner Rio Tinto Ltd (ASX:RIO) clocked a weaker underlying profit for 2023 as softer iron ore prices and demand weighed on its topline, although the figure was still slightly above expectations on stronger production. Rio Tinto’s underlying profit- which excludes special items- fell about 12% to $11.8 billion in the year to December...
By David Shepardson and Valerie Insinna WASHINGTON (Reuters) - Boeing (NYSE:BA) must develop a comprehensive plan to address \"systemic quality-control issues\" within 90 days, the head of the U.S. Federal Aviation Administration said Wednesday, after a mid-air emergency last month sparked renewed safety concerns. The head of the FAA demanded the plan in a statement...
The UK budget deficit widened more than officially estimated in September and also hit the highest level for the month since 2021, the Office for National Statistics reported Tuesday. Public sector net borrowing increased to GBP 16.6 billion in September from GBP 14.5 billion in the previous year. This was the third highest September borrowing...
While reporting financial results for the second quarter on Tuesday, CenterPoint Energy Inc. (CNP) reaffirmed its adjusted earnings guidance for the full-year 2024 in the range of $1.61 to $1.63 per share. On average, 15 analysts polled by Thomson Reuters expect the company to report earnings of $1.62 per share for the year. Analysts\' estimates...