Japan Inflation Data Due On Friday
(RTTNews) - Japan will on Friday release March national figures for consumer prices, highlighting a light day for Asia-Pacific economic activity. In February, overall inflation was flat on month and up 2.8 percent on year, while core CPI also rose an annual 2.8 percent.
Malaysia will see Q1 numbers for gross domestic product and March data for imports, exports and trade balance. In the previous three months, GDP was up 3.0 percent on year; in February, imports were up 8.4 percent on year and exports fell an annual 0.8 percent for a trade surplus of MYR10.90 billion.
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U.S. Existing Home Sales Unexpectedly Extend Pullback In April
Existing home sales in the U.S. unexpectedly saw further downside in the month of April, according to a report released by the National Association of Realtors on Wednesday. NAR said existing home sales slumped by 1.9 percent to an annual rate of 4.14 million in April after tumbling by 3.7 percent to a revised rate of 4.22 million in March.
RTTNews
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hace 4h 7min
Hovnanian Enterprises Net Profit Rises 48.9%
Homebuilder Hovnanian Enterprises Inc. (HOV) reported Wednesday that net income for the second quarter increased 48.9 percent to $50.8 million or $6.66 per share from $34.1 million or $4.47 per share in the prior-year quarter.
RTTNews
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hace 4h 29min
Mortgage Applications Jumped 1.9% Last Week As Mortgage Rates Decline
With the 30-year fixed mortgage rate decreasing for the third straight week, the Mortgage Bankers Association released a report on Wednesday showing a notable increase in mortgage applications in the week ended May 17th.
RTTNews
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hace 4h 57min
Anglo American And BHP Major Shareholder PIC Demands Substantial Revision Of BHP Proposal For Anglo
Public Investment Corp. or PIC, a major shareholder of both Anglo American plc (AAUKY.PK, AAL.L) and BHP Group (BHP), on Wednesday said it requires a meaningful revision of the current BHP proposal for Anglo American to "reflect both the embedded value of existing Anglo assets and the future optionality and benefits that BHP can derive, specifically from Anglo's unlisted assets."
RTTNews
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hace 5h 26min
Bay Street Likely To Open Lower
Canadian shares are likely to open on a slightly negative note Wednesday morning as energy and materials sectors may find the going somewhat tough due to weak commodity prices.
RTTNews
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hace 6h 15min
Biogen To Buy Human Immunology Biosciences In Deal Valued At Up To $1.8 Bln
Biogen Inc. (BIIB) and privately-held biotechnology company Human Immunology Biosciences or HI-Bio, announced Wednesday the companies have entered into a definitive agreement under which Biogen has agreed to acquire HI-Bio for $1.15 billion upfront and up to $650 million in potential milestone payments.
RTTNews
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hace 6h 17min
UK Inflation Slows Less Than Expected To 2.3%
UK consumer prices rose more than expected in April due to the stickiness of services inflation, which would possibly delay the timing of the first interest rate cut. Consumer prices rose 2.3 percent on a yearly basis in April, slower than the 3.2 percent increase in March, the Office for National Statistics reported Wednesday.
RTTNews
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hace 6h 27min
TJX Companies Guides Q2 EPS Below Estimates; Boost FY24 EPS Outlook - Update
While reporting financial results for the first quarter on Wednesday, off-price retailer TJX Companies, Inc. (TJX) provided its earnings and comparable store sales outlook for the second quarter and raised earnings outlook for the full-year 2024.
RTTNews
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hace 6h 28min
