ive of the 30 STI constituents have released earnings over the first two weeks of April, while the remainder are expected to report their quarterly or FY results in the coming weeks. Of the six STI constituents that have reported their latest quarterly results, five achieved positive YoY percentage growth
Asian stocks rose on Thursday as robust corporate earnings helped Wall Street quell concerns about the surge in U.S. bond yields, while the dollar hovered near 3-1/2-month highs against a basket of currencies. Australian stocks edged up 0.2 percent and Japan's Nikkei rose 0.7 percent. The Dow rose
SHANGHAI/BEIJING/HONG KONG (Reuters) - Chinese real estate companies have found a new tool to raise money - selling units in real estate investment trusts (REITs) backed by rental apartments. There is just one problem - in some cases the rental income may not be enough for the returns that REITs issuers
BENGALURU (Reuters) - Gold prices on Thursday stayed close to five-week lows hit in the previous session, pressured by a stronger dollar, which hovered near more than three-month highs, and a rise in U.S. Treasury yields.
NEW YORK/LONDON (Reuters) - Gold slumped to a five-week low on Wednesday as the dollar jumped and U.S. Treasury yields continued to rise on signs of U.S. economic strength and an easing in the U.S.-China trade conflict. The benchmark U.S. 10-year Treasury yield breached 3 percent on Tuesday for the
Tokyo stocks opened higher on Thursday, as a cheaper yen helped boost market sentiment with investors pursuing shares in companies expected to report brisk earnings. The benchmark Nikkei 225 index gained ...
Asian stocks edged up on Thursday as robust corporate earnings helped Wall Street quell concerns over a surge in U.S. bond yields, while the dollar hovered near three-month highs against a basket of currencies. Australian stocks were flat and Japan's Nikkei rose 0.4 percent. The Dow rose 0.25
Wall Street limped into positive territory on Wednesday on optimism over a spate of upbeat earnings that was nearly offset by jitters over rising U.S. bond yields and corporate costs. The S&P 500 and the Dow Jones Industrial Average ended up after a choppy session, with the Dow ending a five-day losing
The S&P 500 should end the year about 200 points higher from its current level, but not without first falling further, says Craig Johnson.
A late round of buying erased early losses on Wall Street, leaving major indexes mixed at the close of trading. Bigger companies managed to eke out modest gains, while smaller companies mostly fell. A ...
Springer Nature, the publisher of science magazines Nature and Scientific American, is offering shares worth up to 1.6 billion euros (1.4 billion pounds) in its planned initial public offering (IPO), it said on Wednesday. The company, which is aiming for an inclusion in Germany's midcap index, has
Facebook blew past Wall Street's expectations on almost every key metric in the first quarter. Facebook reported earnings-per-share of $1.69, up 63% year-over-year and above Wall Street's expected $1.35.
U.S. stocks pushed higher Wednesday afternoon and managed a mixed finish after a sharp loss the day before. Indexes had tumbled earlier as investors worried that growing costs for critical materials along ...
Investing.com – Gold prices gave up yesterday’s gains as the dollar and U.S. bond yields resumed their upward trend, curbing demand for the precious metal.
Wall Street stocks finished a volatile session mostly higher Wednesday with strong earnings from Boeing offsetting worries about higher interest rates. The broad-based S&P 500 edged up 0.2 percent to end at 2,639.40, while the tech-rich Nasdaq Composite Index dipped 0.1 percent to 7,003.74. Investor
The latest on developments in financial markets (all times local): 4 p.m. It was a mixed finish on Wall Street as large-company stocks eked out modest gains but smaller ones ended lower after a wobbly ...
British finance minister Philip Hammond said on Wednesday the government planned to move away from using the widely discredited Retail Price Index as its preferred measure of inflation, but the time was not right to make the shift now. Hammond told lawmakers no decision had been taken on whether to
It has been a tough year for the Dow Jones industrial average thus far as the 30-stock index struggles for gains. History shows it could get a lot tougher because of the midterm elections scheduled for later in 2018.
French insurer AXA said it had received $3.2 billion following the completion of internal, restructuring deals - such as the repayment of loans - ahead of the planned initial public offering (IPO) of its U.S. unit. AXA, which is Europe's second-biggest insurer by market capitalisation behind Allianz
Gold fell on Wednesday, driven lower by a rising U.S. dollar and bond yields. Comex gold futures for June delivery were down 0.86% to $1,321.60 a troy ounce as of 10:26 AM ET (14:26 GMT). The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, rose 0.43%
Most of Allied Irish Banks' (AIB) institutional shareholders backed a proposal to introduce a deferred share plan for senior executives that the government used its majority shareholding to block last week. AIB had sought to introduce the scheme to mitigate the risks it says it faces in retaining
Investing.com - Wall Street opened lower on Wednesday, as worry over rising bond yields offset a surge in corporate earnings.The S&P 500 was down over 21 points or 0.81% to 2,612.12 as of 9:45 AM ET (13:45 GMT) while the Dow composite decreased 200 points or 0.83% to 23,823.70 and tech heavy NASDAQ