New Zealand will on Tuesday release Q2 numbers for manufacturing sales volume, highlighting a light day for Asia-Pacific economic activity. In Q1, sales dipped 0.4 percent on quarter. South Korea will provide August numbers for unemployment; in July, the jobless rates was 2.5 percent. Australia will see September results for the inflation forecast from the...
JAKARTA.PT Indonesia Kendaraan Terminal Tbk (IPCC), a transportation infrastructure operator, booked net profit of IDR 80.7 billion in the first half (H1) of 2024. Said number is 2.3% year-on-year (yoy) higher compared to net profit in the same period last year, in which IPCC only scored net profit of IDR 78.9 billion. IPCC’s operating revenue...
The manufacturing sector in Taiwan continued to expand in August, albeit at a slower rate, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 51.5. Thats down from 52.9 in July, although it remains above the boom-or-bust line of 50 that separates expansion from contraction. Underlying the weaker improvement...
By Rajesh Kumar Singh and Shivansh Tiwary NEW YORK (Reuters) -American Airlines on Monday unveiled its biggest plane order since 2011, buying 260 new jets from Airbus, Boeing (NYSE:BA) and Embraer as it looks to increase earnings by capitalizing on booming demand for premium travel. The deal includes 85 Airbus A321neo jets, 85 Boeing 737...
German stocks traded higher on Thursday amid expectations the European Central Bank (ECB) will deliver a quarter-point rate cut later today, a move that would mark its second reduction to the deposit rate this year. Meanwhile, Germanys wholesale prices declined at a faster pace in August on lower petroleum product prices, data from Destatis revealed....
European stocks were subdued on Monday due to pressure from higher bond yields following robust U.S. jobs data released last week. Sentiment was also dented after official data showed Germanys factory orders declined at a faster-than-expected pace in August. According to preliminary figures from data Destatis, incoming new orders contracted 5.8 percent on a monthly...
In a recent transaction, Keyvan Mohajer, the CEO of SoundHound AI , Inc. (NASDAQ:SOUN), has sold a portion of his holdings in the company. The transaction, which took place on March 22, 2024, involved the sale of 31,665 shares of Class A Common Stock at a weighted-average price of $6.0778 per share, totaling approximately $192,453....
Asian stocks advanced on Wednesday as focus remained on earnings reports from the U.S. megacaps due this week. Facebook owner Meta Platforms will declare its first-quarter earnings later today, while Microsoft and Alphabet will report their financial results on Thursday. Electric vehicle giant Tesla announced plans to introduce new vehicle models earlier than previously anticipated,...
The Australian dollar strengthened against other major currencies in the Asian session on Wednesday, following the release of Australia\'s higher-than-expected consumer prices on quarter in the first quarter of 2024. Data from the Australian Bureau of Statistics showed that the consumer prices in Australia were up a seasonally adjusted 1.0 percent on quarter in the...
Biotechnology company Biogen Inc. (BIIB) reported Wednesday net income attributable to the company for the first quarter of $393.4 million or $2.70 per share, higher than $387.9 million or $2.67 per share in the prior-year quarter. Excluding items, adjusted earnings for the quarter were $3.67 per share, compared to $3.40 per share in the year-ago...