The British pound strengthened against other major currencies in the pre-European session on Friday. The pound rose to an 8-day high of 195.17 against the yen, from yesterday\'s closing value of 194.63. Against the Swiss franc and the U.S. dollar, the pound advanced to 3-day highs of 1.1368 and 1.2542 from Thursday\'s closing quotes of...
With orders for transportation equipment showing a substantial increase, the Commerce Department released a report on Wednesday showing new orders for U.S. manufactured durable goods surged by more than expected in the month of March. The report said durable goods orders soared by 2.6 percent in March after climbing by a downwardly revised 0.7 percent...
German stocks advanced on Monday as investors reacted positively to the first round of the French election results. French far-right\'s significant win in the first round of parliamentary elections wasn\'t as impressive as expected, leaving the final result dependent on party deals before a second-round next weekend. Meanwhile, investors shrugged off the results of a...
The Thai stock market has tracked lower in two straight sessions, slipping more than 6 points or 0.4 percent along the way. The Stock Exchange of Thailand now sits just shy of the 1,490-point plateau and its looking at another soft start again on Tuesday. The global forecast for the Asian markets is negative with...
U.K. stocks opened higher on Friday as signs of slowing U.S. inflation boosted bets for a Federal Reserve interest-rate cut in September. Overall gains were capped by a strong pound, which held near a 12-month high against the dollar following encouraging GDP data released the previous day. The benchmark FTSE 100 was up 22 points,...
European stocks are likely to open on a steady note Tuesday after the S&P 500 and Nasdaq scored record closing highs overnight, led by gains in the technology sector on enthusiasm over artificial intelligence. Amid signs of easing inflation in the United States, investors await more U.S. economic data and Federal Reserve officials\' speeches this...
JAKARTA – Stock performance of PT Lovina Beach Brewery Tbk (STRK), a company engaged in consumer goods’ sector, plummeted 50% a year after its debut in the stock exchange on October 10, 2023. Today’s (14/10) opening bell saw STRK idle at IDR 50 per share. Based on IDNFinancials data, STRK was also closed at IDR...
JAKARTA - On Monday, September 23, PT Tripar Multivision Plus Tbk (RAAM) welcomed PT MNC Digital Entertainment Tbk as a new investor. MNC Digital, which holds a direct 9.09% stake in this production company, was able to acquire up to 619.42 million shares through a private placement. However, because of this corporate action, the controller...
By Jonathan Stempel (Reuters) - Warren Buffett left no doubt: He misses Charlie Munger, and so will Berkshire Hathaway (NYSE:BRKa)\'s shareholders. Buffett on Saturday devoted a special section of his annual shareholder letter to Munger, who died in November at age 99. The 93-year-old Buffett called his long-time business partner a key driver behind what...
U.K. stocks traded higher on Wednesday as focus shifted to the July 4 election, which could see a possible end to 14 years of Conservative government. The Labour Party is set to grab 484 out of the total 650 seats in the Parliament, a pre-poll company Survation projected. The benchmark FTSE 100 was up 49...