Canadian shares are likely to open with a slightly negative bias Thursday morning amid rising uncertainty over U.S. interest rate trajectory, and renewed geopolitical tensions. Energy stocks may move up on firm crude oil prices and help limit market\'s downside. Once again, activity may remain stock specific with investors reacting to a slew of quarterly...
Western Union co. (WU), in coordination with its processing partner Orbit S.A., announced Thursday the resumption of its service from the United States to Cuba, effective immediately. With service reinstated, Western Union customers are now once again able to send money from any U.S. retail location, WesternUnion.com or the Western mobile app to close family...
First-time claims for U.S. unemployment benefits rose by much more than expected in the week ended May 4th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims climbed to 231,000, an increase of 22,000 from the previous week\'s revised level of 209,000. Economists had expected jobless claims...
Endeavor Group Holdings, Inc. (EDR) on Thursday reported a net loss attributable to the company of $137.34 million or $0.46 per share, compared to net income of $8.03 million or $0.03 per share in the prior-year quarter. On average, six analysts polled by Thomson Reuters expected the company to report earnings of $0.26 per share...
The British pound weakened against other major currencies in the late European session on Thursday, after the Bank of England maintained its key policy rate for the sixth consecutive meeting. The Monetary Policy Committee decided to hold the Bank Rate at 5.25 percent again in a split vote. The current bank rate is the highest...
Japan posted a current account surplus of 3.398 trillion yen in March, the Ministry of Finance said on Friday - up 44 percent from the previous year. That was shy of expectations for a surplus of 3.489 trillion yen but was up from 2.644 trillion yen in February. Imports were down 3.8 percent on year...
The Taiwan stock market on Thursday ended the four-day winning streak in which it had advanced more than 480 points or 2.3 percent. The Taiwan Stock Exchange now sits just above the 20,560-point plateau although it\'s likely to see renewed support on Friday. The global forecast is upbeat on an improving outlook for interest rates....
The China stock market bounced higher again on Thursday, one day after ending the two-day winning streak in which it had collected more than 40 points or 1.3 percent. The Shanghai Composite Index now sits just beneath the 3,155-point plateau and it may see additional support on Friday. The global forecast is upbeat on an...
The Hong Kong stock market on Thursday ended the two-day slide in which it had slumped more than 260 points or 1.4 percent. The Hang Seng Index now sits just above the 18,530-point plateau and it\'s tipped to open in the green again on Friday. The global forecast is upbeat on an improving outlook for...
The Thai stock market has moved lower in consecutive trading days, sinking more than 7 points or 0.5 percent in that span. The Stock Exchange of Thailand now sits just beneath the 1,370-point plateau although it\'s due for support on Friday. The global forecast is upbeat on an improving outlook for interest rates. The European...