Endeavour to Announce Its Q1-2024 Results on 2 May 2024

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The Edge Singapore
Beng Kuang Marine posts $11.3 mil profit before tax for 1QFY2024 from land sale
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Reuters Videos
Japanese yen surges on suspected intervention
STORY: The Japanese yen surged against the dollar in the early hours of Thursday. Traders said it looked like another round of intervention by Tokyo authorities to prop up the ailing currency. The dollar fell to 153 against the yen, from over 157 earlier, though it later clawed back much of the losses. It comes after the Japanese currency slid to multi-decade lows against the greenback. Speaking earlier in the week there was a hint of action from Vice Finance Minister Masato Kanda, who overseas yen policy: “The extreme and abnormal fluctuation caused by speculation and its negative impact on the national economy cannot be overlooked. Therefore, we would like to continue to take appropriate actions when necessary.”On Thursday there was no confirmation from the government that intervention had taken place. However, it’s thought a similar move also happened on Monday. Money market data the following day suggest Japan’s finance ministry spent $35 billion propping up the currency. The yen has been pummelled by factors including Japan’s very low interest rates compared to the U.S. Though the Bank of Japan did finally do a hike in March, a gulf remains. That’s likely to remain the case for some time, with stubbornly high inflation in the U.S. seen delaying rate cuts by the Federal Reserve. Such factors have seen the yen fall around 10% versus the dollar just this year.
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15 hours ago

For Investor Relations Enquiries:	For Media Enquiries:
Jack Garman	Brunswick Group LLP in London
Vice President, Investor Relations	Carole Cable, Partner
+44 203 011 2723	+44 7974 982 458
investor@endeavourmining.com	ccable@brunswickgroup.com

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Endeavour to Announce Its Q1-2024 Results on 2 May 2024

Latest stories

OCBC ‘not in the business of providing liquidity’ for Great Eastern

5 Singapore Stocks Paying Out Dividends in May

Bitcoin Plunges. Here’s Why and How Far Prices Could Fall.

3 Singapore Blue-Chip Stocks That Reported Solid Earnings

5 High-Yielding Singapore REITs Backed by Strong Sponsors

Venture Corporation Limited (SGX:V03) Will Pay A S$0.50 Dividend In Four Days

DBS reports record 1QFY2024 net profit of $2.96 bil, 15% higher y-o-y

DBS quarterly results trounce forecasts, another record year expected

Apple sales fall in nearly all countries

Apple plans record $110 billion share buyback amid challenging earnings report

Should Investors Buy the Dip in AMD (AMD) or Super Micro Computer's (SMCI) Stock After Earnings?

The $34 trillion U.S. debt is nearly as big as the economy and there’s (still) no plan to fix it

Bitcoin Could Drop Further to as Low as $50K, Standard Chartered Says

US Federal Reserve keeps interest rates at 23-year high

Suze Orman Says This Is the Only Way To Be Investing in the Stock Market

Stock market today: Stocks end mixed in volatile session after Fed decision, Powell comments

Bitcoin Nurses Its Wounds After Its Worst Stretch This Year. What Comes Next.

Beng Kuang Marine posts $11.3 mil profit before tax for 1QFY2024 from land sale

Japanese yen surges on suspected intervention

5 US Growth Stocks That Are Growing Their Profits and Dividends