Overseas Shipholding Group to Announce First Quarter 2024 Results on May 10, 2024

INSIDER
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XPeng Stock Jumps on Earnings. There’s Hope for China EVs.
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Asia stocks weaken on the patient approach to rate cuts
Several key Asian share benchmarks fell on Thursday as markets digested the implications of policymakers in major economies preferring to take patient approach to monetary easing amid sticky inflation. MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.57%. Australia's S&P/ASX 200 index was one of the biggest decliners, slumping 0.8%, also hurt by a pullback in some commodity prices.
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US Fed's rate meeting minutes show growing inflation concerns
A strong US economy and an uptick in inflation led the Federal Reserve's rate-setting committee to conclude that progress against rising prices had stalled, according to minutes of its most recent meeting published Wednesday.The minutes of the two-day Federal Open Market Committee (FOMC) meeting show that policymakers generally felt that "recent data had not increased their confidence that inflation was moving sustainably toward two percent."
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India's gold imports seen falling as record price prompts jewellery swaps
India's gold imports in 2024 could fall by nearly a fifth from the previous year, as record high prices spur retail consumers to exchange old jewellery for new items, the head of an industry body told Reuters. Lower imports by India, the world's second biggest consumer of the precious metal, could cap a rally that carried global prices to a record this week. "Affordability is severely affected by the rapid price increase," said Prithviraj Kothari, president of the India Bullion and Jewellers Association (IBJA).

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Overseas Shipholding Group to Announce First Quarter 2024 Results on May 10, 2024

Latest stories

It's so tough to pay cash in China that the government had to fine a KFC for not accepting banknotes

Shareholders in Suntec Real Estate Investment Trust (SGX:T82U) are in the red if they invested five years ago

Singtel's FY2024 earnings down 64% y-o-y to $795 mil, boosts full year dividend to 15 cents; announces new growth plan

'Demand is just so strong': Nvidia CEO Jensen Huang tells Yahoo Finance supply can't keep up

Nvidia profits soar on demand for AI power

Trump Media stock slumps after reporting $327.6m first quarter loss, costing former president more than $766m

If You Invested $20,000 in These Companies 20 Years Ago, You Would Be a Millionaire Now

Canada's Power Corp shuts down China unit, lays off staff, sources say

Michigan man who had seizure on Royal Caribbean cruise forced to pay $2500 bill before evacuating

Forget the S&P 500 ETF: These 3 US Stocks Gave Better Returns

Dollar hovers near one-week high on hawkish Fed minutes; kiwi firm

Analysis-Bulls beat a path to China stock shop but foreigners dare not go in

Tesla Stock Is Up Because the EV News From China Isn’t Always Bad

US federal budget crosses grim milestone as interest payments overtake defense spending

Sea Limited's (NYSE:SE) one-year returns climbed after last week's 13% gain, institutional investors must be happy

Billionaire Ray Dalio is Selling These Tech Stocks in 2024

XPeng Stock Jumps on Earnings. There’s Hope for China EVs.

Asia stocks weaken on the patient approach to rate cuts

US Fed's rate meeting minutes show growing inflation concerns

India's gold imports seen falling as record price prompts jewellery swaps