Ahead of Monday\'s holiday for Coronation Day, the Thai stock market has bounced higher again, one day after ending the two-day winning streak in which it had added almost 10 points or 0.7 percent. The Stock Exchange of Thailand now sits just beneath the 1,370-point plateau and it\'s likely to move higher again on Tuesday....
Indian shares are seen opening on a flat note Tuesday after some officials said interest rates were likely to remain unchanged in the near term. Geopolitical tensions may also weigh on markets as Israel commenced its planned military offensive in Rafah hours after it rejected Hamas\'s proposal for a ceasefire in Gaza. Benchmark indexes Sensex...
U.K. stocks rallied on Tuesday, touching a record high as talks to secure a ceasefire in Gaza continued. Investors cheered data from the mortgage lender Halifax showing that house prices in the U.K. were steady in April after falling in March. The benchmark FTSE 100 was up 86 points, or 1.1 percent, at 8,299 as...
Shares of UBS Group AG were gaining around 8 percent in the morning trading in Switzerland as well as in pre-market activity on the NYSE after the Swiss banking major reported Tuesday significantly higher profit and revenues in its first quarter. Sequentially, the company returned to profit, the first time following its takeover of Credit...
European stocks traded mostly higher on Tuesday as investors reacted to mostly positive regional economic data and encouraging bank earnings. German factory orders decreased 0.4 percent on a monthly basis in March, confounding expectations for an increase of 0.4 percent - according to data from Destatis. Nonetheless, the pace of decrease slowed from the revised...
Indian shares closed lower on Tuesday despite firm cues from global markets. Investors waited for more clarity on events surrounding the Gaza conflict after Hamas reportedly accepted an Egyptian-Qatari cease-fire proposal to halt the seven-month war with Israel, but the latter said the deal didn\'t meet its \"core demand.\" As ceasefire talks continue, Israel is...
Sioux City, Iowa-based Palmer Candy Co. is recalling its \"White Coated Confectionary Items\" citing the potential to be contaminated with Salmonella, according to the U.S. Food and Drug Administration. The impacted items were distributed across the United States in Walmart, HyVee, Target, and Dollar General stores, among others. Further, West Des Moines, Iowa -based Hy-Vee,...
The Reserve Bank of Australia left its benchmark interest rates unchanged at a 12-year high for a fourth straight meeting, as widely expected, on Tuesday. The policy board of the RBA, led by Governor Michele Bullock, decided to maintain the cash rate target at 4.35 percent. The board also retained the interest rate paid on...
A report released by the Labor Department on Thursday showed labor productivity in the U.S. increased by less than expected in the first quarter of 2024. The Labor Department said labor productivity rose by 0.3 percent in the first quarter after spiking by a revised 3.5 percent in the fourth quarter. Economists had expected productivity...
While reporting financial results for the first quarter on Thursday, technology company Aptiv PLC (APTV) raised its adjusted earnings guidance for the full-year 2024, while slashing annual net sales outlook. For fiscal 2024, the company now projects adjusted earnings in a range of $5.80 to $6.30 per share on net sales between $20.85 billion and...