The Hong Kong stock market on Thursday halted the two-day winning streak in which it had added more than 60 points or 0.3 percent. The Hang Seng Index now rests just beneath the 17,720-point plateau although it\'s tipped to open in the green on Friday. The global forecast for the Asian markets is flat to...
The Indonesia stock market on Tuesday ended the three-day winning streak in which it had picked up more than 160 points or 2.6 percent. The Jakarta Composite Index now rests just above the 6,880-point plateau and it may take further damage on Wednesday. The global forecast for the Asian markets is a mixed bag, with...
The Japanese stock market is sharply higher on Wednesday, extending the gains in the previous two sessions, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving to near the 39,700 level, with gains across most sectors led by index heavyweights and technology stocks. The benchmark Nikkei 225 Index is up 500.91...
Indian shares may open a tad higher on Wednesday after Reserve Bank of India (RBI) governor Shaktikanta Das said the country is moving towards achieving 8 percent annual GDP growth on a sustainable basis. There is also some cheer on the data front as India\'s external debt ratio improved to the best level in 13...
Asian stock markets are trading mostly higher on Wednesday, following the mixed cues from Wall Street overnight, as traders remained cautious ahead of the release of some crucial economic data form the US, including a report on personal income & spending due later in the week. The data will provide clues about the outlook for...
The Swiss franc weakened against other major currencies in the European session on Wednesday. The Swiss franc fell to near 2-week lows of 0.9601 against the euro and 1.1378 against the pound, from early highs of 0.9574 and 1.1349, respectively. Against the U.S. dollar and the yen, the franc slipped to a 2-week low of...
The Swiss franc weakened against other major currencies in the European session on Wednesday amid risk appetite, as a rebound in tech stocks on Wall Street overnight outweighed hawkish comments from Federal Reserve officials. Investors also shrugged off the results of a closely watched survey that showed German consumer confidence is set to deteriorate in...
Gene editing company Intellia Therapeutics, Inc. (NTLA) announced Wednesday the appointment of Edward Dulac as Executive Vice President, Chief Financial Officer (CFO), and Treasurer, effective July 22, 2024. Dulac will succeed Glenn Goddard who will step down from his role effective June 30, 2024. Dulac is a highly accomplished biotechnology business leader and joins Intellia...
While reporting financial results for the third quarter on Wednesday, UniFirst Corp. (UNF) raised its earnings guidance for the full-year 2024, while maintaining annual revenue outlook. For fiscal 2024, the company now projects earnings in a range of $7.17 to $7.49 per share, up from the prior forecast range of $6.80 to $7.16 per share....
Shell Canada Products, a subsidiary of Shell plc (SHEL), announced Wednesday the Final Investment Decision (FID) for Polaris, a carbon capture project at the Shell Energy and Chemicals Park, Scotford in Alberta, Canada. Polaris is designed to capture approximately 650,000 tonnes of CO2 annually from the Shell-owned Scotford refinery and chemicals complex. Shell also announced...