The Indonesia stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day winning streak in which it had gained almost 120 points or 1.6 percent. The Jakarta Composite Index now rests just above the 7,670-point plateau and its poised to open in the green...
Oncology company Merus N.V. (MRUS) announced Monday that the U.S. Food and Drug Administration (FDA) has granted Breakthrough Therapy Designation (BTD) for petosemtamab for the treatment of patients with recurrent or metastatic head and neck squamous cell carcinoma (HNSCC) whose disease has progressed following treatment with platinum based chemotherapy and an anti-programmed cell death receptor-1...
While reporting financial results for the second quarter on Wednesday, biopharmaceutical company Alkermes plc (ALKS) reiterated its revenue guidance for the full-year 2024. For fiscal 2024, the company continues to project total revenues between $1.50 billion and $1.60 billion. It also expects net income in a range of $350 million to $390 million and adjusted...
The South Korea stock market has moved lower in three straight sessions, slipping more than 20 points or 0.8 percent along the way. The KOSPI now sits just above the 2,720-point plateau and it may extend its losing streak on Friday. The global forecast for the Asian markets is soft on persistent concerns over the...
The London Stock Exchange Group’s (LSEG) Parisian clearinghouse affiliate LCH SA announced Monday that it received regulatory approval to provide clearing services for Bitcoin derivatives. LCH SA will leverage its newly established service, LCH DigitalAssetClear, to provide clearing functions for relevant contracts. These contracts are traded on UK FCA-regulated digital asset derivatives trading venue GFO-X....
The Taiwan stock market has finished lower in two straight sessions, plunging more than 600 points or 2.6 percent along the way. The Taiwan Stock Exchange now sits just beneath the 23,400-point plateau and it\'s expected to open under pressure again on Friday. The global forecast for the Asian markets is weak, with continued selling...
Shares of Cardinal Health, Inc. were gaining more than 7 percent in the pre-market activity on the NYSE after the healthcare company on Wednesday raised its fiscal 2024 adjusted earnings forecast above the market after reporting a profit in its fourth quarter, compared to prior years loss. The improved results reflected strong revenues from both...
Following the mixed cues from Wall Street overnight, Asian stock markets are also trading mixed on Thursday, as traders remain cautious ahead of the report on first quarter US GDP data that could have an impact on the outlook for interest rates. The Fed is widely expected to leave interest rates unchanged at next week\'s...
United States Senators Elizabeth Warren (D-MA) and Charles E. Grassley (R-IA) have demanded that Commodity Futures Trading Commission (CFTC) Chair Rostin Benham disclose details of his interactions with disgraced FTX founder Sam Bankman-Fried prior to the exchange’s collapse, according to an April 12 letter addressed to Benham. U.S. Senators Request Chats Between Rostin Benham and...
The Malaysia stock market moved back to the upside on Thursday, one session after ending the three-day winning streak in which it had gathered more than 25 points or 1.6 percent. The Kuala Lumpur Composite Index now rests just above the 1,665-point plateau and its expected to open higher again on Friday. The global forecast...