The euro fell against its major counterparts in the European session on Thursday, as the European Central Bank cut key interest rates by 25 basis points amid progress in disinflation and weak economic data released since the September policy session. The Governing Council, led by ECB President Christine Lagarde, lowered the deposit facility rate by...
Planet Fitness, Inc. (PLNT) announced Tuesday that it has appointed Colleen Keating as the Company\'s Chief Executive Officer, effective June 10, 2024. At that time, Craig Benson will resign as Interim CEO but will continue to serve as a member of the Company\'s Board of Directors. The company said Keating\'s appointment is the culmination of...
The value of overall bank lending in Japan was up 2.7 percent on year in September, the Bank of Japan said on Thursday - coming in at 624.24 trillion yen. That was shy of expectations for an increase of 2.9 percent and down from 3.0 percent in August. Excluding trusts, lending was up an annual...
Resources Alam Indonesia Tbk (KKGI)booked net profit of USD 23.3 million in the first half (H1) of 2024, up 9.2% year-on-year (yoy) from the same period last year. Said growth aligns with the operating revenue of KKGI in H1 2024, which also increased 8.3% yoy from USD 176.7 million in H1 2023. Coal export was...
Petco Health and Wellness Co., Inc. (WOOF) announced Wednesday the Company\'s Board of Directors has appointed Michael Mohan to serve as Interim Chief Executive Officer, effective today. Ron Coughlin has stepped down as Petco\'s Chairman, CEO and member of the Board of Directors. He will serve as an advisor to the Board to support the...
JAKARTA – Broad money (M2) in circulation was reported reaching IDR 8.97 quadrillion in July 2024, up 7.4% year-on-year (yoy) from July 2023. However, this number was seen corrected from IDR 9.01 quadrillion seen in June 2024, up 7.75 yoy from June 2023. From broad money (M2) analysis report quoted Friday (23/8), the realisation of...
The Federal Reserve released a report on Thursday showing industrial production in the U.S. fell by much more than expected in the month of July. The report said industrial production decreased by 0.6 percent in July after rising by a downwardly revised 0.3 percent in June. Economists had expected industrial production to dip by 0.3...
JAKARTA. PT Lautan Luas Tbk (LTLS), importer and distributor of chemicals for the batik and food industries, will pay off the remaining Shelf Registration Bonds III Phase II 2021 Series A worth IDR 315 billion which will mature on November 12, 2024. Eurike Hadijaya, Investor Relations at LTLS, said that repayment of the debt securities...
Joblessness in German grew more than expected in June and the unemployment rate edged up, preliminary figures from the Federal Labor Agency showed Friday. The seasonally adjusted unemployment grew by 19,000 persons in June following a 25,000 increase in May. Economists had forecast a rise of 15,000. The jobless rate rose to 6.0 percent after...
European stocks fell in cautious trade on Friday as U.S. rate jitters along with growing tensions between China and Taiwan sapped investors\' appetite for risk. In economic releases, the German economy expanded as initially estimated in the first quarter, underpinned by rebounding investment and exports, data from Destatis revealed. GDP expanded 0.2 percent sequentially in...