The Canadian market is down in negative territory in early afternoon trades on Friday, weighed down by losses in communications, real estate, consumer discretionary and materials sectors. The mood is a bit cautious amid a lack of fresh data. Also, traders appear to be somewhat reluctant to hold positions after recent record highs, and are...
Bukit Asam Tbk (PTBA), a coal mining company under PT Mineral Industri Indonesia (Persero) or MIND ID, is targeting coals sales volume this year to reach 43.1 million tons. This target will be attainable through the optimisation of potentials of domestic and export markets. “We continue to maximise the domestic market potential, as well as...
Comerica, Inc. (CMA), a financial services company, reported Friday that net income attributable to common shares for the second quarter decreased to $200 million or $1.49 per share from $266 million or $2.01 per share in the prior-year quarter. Excluding items, adjusted earnings for the latest quarter were $1.53 per share. On average, 22 analysts...
JAKARTA - Three private investors increased their holdings in PT Garudafood Putra Putri Jaya Tbk, a manufacturer of food and beverage products, on Tuesday, September 3. The first of the three investors, Pangayoman Adi Soenjoto, increased hisportion to 8.54% by purchasing an additional 418.57 million shares of GOOD. The other two investors are also members...
Malaysia\'s economy posted its fastest growth in six quarters with strong support from services and manufacturing sectors, official data revealed Friday. Gross domestic product registered an annual growth of 5.8 percent in the second quarter after rising 4.2 percent in the previous quarter, advance estimate from the Department of Statistics revealed on Friday. Further, this...
Zentry, formerly known as GuildFi, has secured funding in a strategic round to build its Metagame Layer. According to a press release shared with Cryptonews.com, the funding round included investments from Spartan Capital, Synergis, LongHash Ventures and DWF Labs. Animoca, Binance Labs, Coinbase Ventures and Pantera Capital have previously supported the company. Metagame Layer to...
Canadian shares may open with a slightly negative bias Friday morning, reacting to earnings updates, and fresh economic data from the U.S. and Canada. Canadian GDP data for the first quarter is due at 8:30 AM ET. The Canadian economy expanded by 0.2% in the fourth quarter of 2023, recovering from a revised 0.1% contraction...
The Philippine economy expanded at a faster pace in the first quarter but the rate fell short of expectations on weaker domestic demand growth amid tight monetary policy. Gross domestic product grew 5.7 percent from a year ago after rising 5.5 percent in the fourth quarter of 2023, the Philippine Statistics Authority reported Thursday. Growth...
The U.S. dollar gained in strength on Friday thanks to recent strong economic data, and on bets several other central banks will likely cut interest rates before the Federal Reserve. The Fed maintained its forecast for three interest rate cuts this year, but the timing of the first rate cut remains undetermined. The chances of...
BioNTech SE (BNTX) and the Coalition for Epidemic Preparedness Innovations or CEPI, announced Wednesday they are expanding their strategic partnership to contribute to building a sustainable and resilient end-to-end African vaccine ecosystem. CEPI is committing up to $145 million to support BioNTech to establish mRNA vaccine R&D, clinical and commercial-scale manufacturing capabilities at the Company\'s...