Australia will on Wednesday release Q1 figures for construction work done, highlighting a light day for Asia-Pacific economic activity. Forecasts suggest an increase of 0.6 percent on quarter, easing from 0.7 percent in the three months prior. Japan will see May results for its consumer confidence index, with forecasts suggesting a reading of 39.1 -...
Biopharmaceutical company CASI Pharmaceuticals, Inc. (CASI) announced Monday the appointment of Daniel Lang as Chief Financial Officer and Senior Vice President, effective July 8, 2024. Lang has more than 30 years of experience as a physician scientist, investor, and biotech executive. He is a cardiologist by training from UCSF, followed by 20 years of investment...
JAKARTA – PT Dian Swastatika Sentosa Tbk (DSSA) announces the issuance of Shelf-Registration Bond I of DSSA Phase III Year 2024 and Shelf-Registration Sukuk Mudharabah I of DSSA Phase III Year 2024, with total principal of IDR 2 trillion. Shelf-Registration Bond I of DSSA Phase III Year 2024 is offered with total principal of IDR...
David Marcus, former PayPal president and current Lightspark CEO, endorsed former President Donald Trump for re-election on Wednesday. In an X post, Marcus announced he was “crossing the Rubicon” and supporting the Republican Party after evaluating new facts. The former Meta CEO shared that his realizations began in 2019, shortly after Meta announced the Libra...
JAKARTA -PT Tripar Multivision Plus Tbk (RAAM), also known as Multivision Plus production house, is planning the issuance of 619.42 million shares worth IDR 60 each via private placement. This corporate action plan will first be discussed to gain approval from shareholders on September 12, 2024. In the short prospectus quoted Tuesday (6/8), the stock...
Shares of Tesla Inc. climbed more than 12 percent in the after-hours on Wednesday and are currently up around 11 percent in the pre-market activity on the Nasdaq after the luxury electric vehicle maker reported higher profit in its third quarter, above market estimates, benefited by volume growth. Looking ahead to fiscal 2024, the company...
The China stock market has moved higher in two straight sessions, collecting more than 30 points or 1 percent in that span. The Shanghai Composite Index now sits just above the 2,970-point plateau and it\'s expected to open to the upside again on Monday. The global forecast for the Asian markets is positive, with bargain...
-- Here is your Pro Recap of the top takeaways from Wall Street analysts for the past week: upgrades for MediaAlpha and Constellation Energy and a downgrade for Roku. Pro subscribers always get first dibs on market-moving rating changes. MediaAlpha What happened? On Monday, BMO Capital upgraded Mediaalpha (NYSE:MAX) to Outperform with a $28 price...
By Max A. Cherney SAN FRANCISCO (Reuters) -Nvidia earned its $2.2 trillion market cap by producing artificial-intelligence chips that have become the lifeblood powering the new era of generative AI developers from startups to Microsoft (NASDAQ:MSFT), OpenAI and Google parent Alphabet (NASDAQ:GOOGL). Almost as important to its hardware is the company\'s nearly 20 years\' worth...
Healthcare company Viatris Inc. (VTRS) announced Monday the U.S. commercial launch of RYZUMVI (phentolamine ophthalmic solution) 0.75% for the treatment of pharmacologically-induced mydriasis produced by adrenergic agonists (e.g., phenylephrine) or parasympatholytic (e.g., tropicamide) agents in the U.S. RYZUMVI is now the only U.S. commercially available FDA-approved eye drop to reverse dilation. Comprehensive dilated eye exams...