New powers that will make it easier for UK law enforcement agencies to seize crypto come into effect on Friday. This comes after the UK Parliament passed new legislation last year, dubbed the ‘Economic Crime and Corporate Transparency Act.’ This Act expanded the authority of local law enforcement and laid the foundations for crypto to...
The Indonesia stock market has climbed higher in back-to-back sessions, improving more than 100 points or 1.4 percent along the way. The Jakarta Composite Index now sits just beneath the 7,175-point plateau and it\'s expected to see little movement on Thursday. The global forecast for the Asian markets suggests little movement on concerns over the...
The Thai stock market has moved higher in three straight sessions, advancing almost 30 points or 2.3 percent along the way. The Stock Exchange of Thailand now sits just above the 1,360-point plateau although investors may cash in on Thursday. The global forecast for the Asian markets suggests little movement on concerns over the outlook...
Indian shares look set to open lower on Thursday, tracking weak cues from global markets and ahead of the expiry of April series derivative contracts. Tech stocks may come under selling pressure after Meta Platforms disappointed investors with forecasts of higher expenses and lighter-than-expected revenue. HUL\'s flat quarterly profit amid sluggish sales and the Reserve...
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...
Indian shares opened Thursday\'s session on a subdued note, tracking weak cues from other Asian markets after Meta Platforms disappointed investors with forecasts of higher expenses and lighter-than-expected revenue. Caution on eve of the expiry of April series derivative contracts also weighed on sentiment. The benchmark S&P BSE Sensex was down 66 points, or 0.1...
While reporting financial results for the first quarter on Thursday, data giant S&P Global, Inc. (SPGI) raised its earnings, adjusted earnings and revenue growth guidance for the full-year 2024. For fiscal 2024, the company now projects earnings in a range of $10.80 to $11.05 per share and adjusted earnings in a range of $13.85 to...
French drug major Sanofi reported Thursday weak profit in its first quarter, despite higher net sales. The company also maintained its fiscal 2024 outlook. Sanofi shares were gaining around 4 percent in Paris trading as well as in pre-market activity on the Nasdaq. Paul Hudson, Chief Executive Officer, said, \"We are off to an excellent...
Nasdaq Inc. (NDAQ) reported Thursday that net income attributable to Nasdaq for the first quarter declined to $234 million or $0.40 per share, compared to $302 million or $0.61 per share in the prior-year quarter. Excluding items, adjusted net income for the quarter was $367 million or $0.63 per share, compared to $339 million or...
Canadian shares are likely to open with a negative bias on Thursday, weighed down by weak guidance from Facebook parent Alphabet, and disappointing results from IBM. Higher crude oil prices may trigger some buying in the energy sector and limit market\'s downside. Investors will also be reacting to a slew of earnings updates from Canadian...