Australia will on Wednesday release Q4 figures for gross domestic product, highlighting a light day for Asia-Pacific economic activity. GDP is expected to rise 0.3 percent on quarter and 1.5 percent on year after adding 0.2 percent on quarter and 2.1 percent on year n the previous three months. Australia also will see January numbers...
By Roushni Nair (Reuters) -Australia\'s fourth-biggest bank ANZ Group said on Wednesday it had agreed to sell around 546 million shares, or 16.5% interest, in Malaysian lender AMMB Holdings (AmBank) for about 2.10 billion ringgit ($443.69 million). The sale of shares, made through a block trade, has been upsized to a 16.5% stake from 9%...
Australia\'s gross domestic product expanded a seasonally adjusted 0.2% on quarter in the fourth quarter of 2024, the Australian Bureau of Statistics said on Wednesday. That was in line with expectations and unchanged from the three months prior. On an annualized basis, GDP advanced 1.5 percent - exceeding expectations for 1.4 percent but slowing from...
AMITYVILLE, N.Y. - NAPCO Security Technologies, Inc. (NASDAQ: NSSC), a company specialized in electronic security devices and school safety solutions, announced the pricing of its secondary public offering of 2 million shares at $40.75 each. The shares are being offered by Richard L. Soloway, the company\'s Chairman and CEO. The transaction also includes an option...
The total value of retail sales in Australia was up a seasonally adjusted 1.1 percent on month in January, the Australian Bureau of Statistics said on Wednesday - coming in at A$35.723billion. That was in line with expectations following the 2.7 percent slump in December. On a yearly basis, sales also rose 1.1 percent. Individually,...
SYDNEY (Reuters) - Australia\'s Qantas Airways has been fined A$250,000 ($162,375) for illegally sacking an employee who told staff not to clean aircraft arriving from China early in the COVID-19 pandemic, adding to the airline\'s reputational challenges. The New South Wales state district court issued the fine on Wednesday after finding the carrier guilty last...
The China stock market has climbed higher in four straight sessions, collecting almost 90 points or 3 percent along the way. The Shanghai Composite Index now rests just beneath the 3,050-point plateau although investors are likely to cash in on Wednesday. The global forecast for the Asian markets suggests further consolidation on concerns over the...
--Apple Inc\'s (NASDAQ:AAPL) recent stock rout presents a buying opportunity, Dan Ives, Managing Director at Wedbush Securities said in an interview with CNBC on Tuesday, citing upside potential from the iPhone maker’s eventual integration of artificial intelligence. Ives said that Apple’s stock weakness came chiefly from concerns over a sales slowdown in China, which he...
The crypto market capitalization is up 4% over the past 24 hours. At the time of writing, it stands at $2.544 trillion, according to CoinGecko. Most of the top 100 coins by market capitalization have appreciated in the past day. At the same time, all top ten coins are green, according to CoinGecko. Dogecoin (DOGE)...
The Hong Kong stock market on Tuesday halted the two-day winning streak in which it had added more than 80 points or 0.5 percent. The Hang Seng Index now sits just above the 16,160-point plateau and it\'s looking at another rough session again on Wednesday. The global forecast for the Asian markets suggests further consolidation...