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Thailand Central Bank Raises Key Rate Further To 2.00%
Thailand's central bank raised its key interest rate for the sixth straight meeting on Wednesday citing high inflation risks in the near future as the economy continued to expand further on the back of strong inbound tourism. The Monetary Policy Committee of the Bank of Thailand unanimously decided to lift the policy rate by 25 basis points to 2.00 percent.
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vor 820 Tagen
Bay Street Likely To Open On Weak Note
Canadian shares are likely to open lower Wednesday morning, weighed down by weak crude oil prices and weakness in European markets.
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vor 820 Tagen
Jacobs, Palantir Technologies Expand Partnership
Jacobs Solutions, Inc. (J) and Palantir Technologies Inc. (PLTR) announced Wednesday an expansion of their partnership, focused on leveraging Palantir's AI capabilities to commercialize new AI solutions spanning critical infrastructure, advanced facilities, supply chain management and more.
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vor 820 Tagen
Krispy Kreme, Dunkin' To Offer Free Donuts On National Doughnut Day
National Doughnut Day on Friday, June 2 is gearing up for celebrations with free dounuts on offer from Krispy Kreme, Dunkin' and certain other chains. Krispy Kreme is offering all guests free doughnuts of choice, while no purchase is necessary. Further, with the purchase of any dozen doughnuts, customers will get $2 Original Glazed dozens.
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vor 820 Tagen
German Unemployment Rises Less Than Expected
Germany's unemployment increased less than expected in May despite the economy entering a technical recession in the face of high inflation and tight monetary policy. The number of unemployed persons increased 9,000 in May, the Federal Labor Agency reported Wednesday. This followed an increase of 23,000 in April and 18,000 in March. Economists had forecast unemployment to increase 15,000.
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vor 820 Tagen
Rocket Pharma Says EMA Grants PRIME Designation For RP-A501 Gene Therapy For Danon Disease
Biotechnology company Rocket Pharmaceuticals, Inc. (RCKT) announced Wednesday that the European Medicines Agency (EMA) has granted Priority Medicines (PRIME) designation to RP-A501.
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vor 820 Tagen
Capri Holdings Guides FY24 EPS Above Estimates - Update
While reporting financial results for the fourth quarter on Wednesday, fashion luxury group Capri Holdings Ltd. (CPRI) initiated its earnings and revenue guidance for the first quarter and full-year 2024.
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vor 820 Tagen
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France Inflation Softens To 13-Month Low, Q1 GDP Recovers As Estimated
The French consumer price inflation moderated more than expected to hit a 13-month low in May on food and energy prices, data released by the statistical office INSEE revealed Wednesday. The statistical office also confirmed that the second-largest economy recovered as previously estimated in the first quarter despite the weak domestic demand.
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vor 820 Tagen
Euro Weakens Amid Soft French Inflation Data
The euro was lower against its major counterparts in the European session on Wednesday, after a data showed that French inflation slowed more than expected in May.
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vor 820 Tagen
National Bank Of Canada Q2 Results Miss Estimates; Boosts Dividend 5%
National Bank of Canada (NA.TO) reported Wednesday that second-quarter net income decreased to C$847 million or C$2.38 per share from C$889 million or C$2.53 per share in the prior-year quarter.
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vor 820 Tagen
New Zealand Business Confidence Improves In May: ANZ
Pessimism among New Zealand's businesses decreased sharply in May amid a rebound in several activity indicators though inflation worries persisted, survey data from the ANZ showed Wednesday. The business confidence index survey balance gained 13 points to -31.1 from from -43.8 in April, the ANZ New Zealand Business Outlook survey showed. Economists had forecast a score of 43.4.
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vor 820 Tagen
Sensex, Nifty Decline On Weak Global Cues
Indian shares followed global peers lower on Wednesday as Chinese manufacturing data disappointed and investors watched the latest developments surrounding the U.S. debt ceiling bill.
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vor 820 Tagen
European Shares Decline On Growth Concerns
European stocks were moving lower on Wednesday as lower commodity prices on the back of disappointing manufacturing data from China pulled down mining and energy stocks.
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vor 820 Tagen
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