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Krispy Kreme Unveils All-new St. Patrick's Day Collection Beginning March 9 For Limited Time
Krispy Kreme, Inc. (DNUT) announced Thursday it is making St. Patrick's Day celebrations "Good as Gold" by introducing four all-new gold-themed doughnuts along with the return of the fan favorite green O'riginal Glazed Doughnut.
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U.S. Dollar Losing Ground Against Majors
The U.S. dollar declined against its major counterparts in the early European session on Thursday, as investors digested Fed Chair Jerome Powell's comments that policymakers had not made a decision on the scale and path of rate hikes in the future.
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Deutsche Post DHL Q4 Profit Down; Sees Weak EBIT In FY23
Package delivery and logistics major Deutsche Post DHL Group reported Thursday weak earnings in its fourth quarter, despite higher revenues benefited mainly by international operations. For fiscal 2022, the company recorded improved results, but sees weak earnings for fiscal 2023. Over the medium term, it projects earnings growth. Further, the company raised its dividend and expanded share buyback
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Sensex Ends 542 Points Lower; Nifty Dips Below 17,600
Indian shares ended Thursday's session notably lower owing to weak global cues and selling in Adani Group stocks.
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Malaysia Central Bank Holds Rate Steady For Second Session
Malaysia's central bank left its key interest rate unchanged for the a second policy meeting in a row in order to assess the impact of the past interest rate hikes on the economy. The Monetary Policy Committee of Bank Negara Malaysia decided to keep the Overnight Policy Rate unchanged at 2.75 percent.
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European Shares Decline On Rate Hike Fears
European stocks traded lower on Thursday after Federal Reserve Chair Jerome Powell reiterated his warning to lawmakers that the central bank may raise interest rates higher than previously anticipated.
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FTSE 100 Slides As Miners Drag On Rate Worries
U.K. stocks fell on Thursday as lower copper prices on worries about more U.S. interest-rate hikes weighed on the mining sector.
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CAC 40 Slips On Rate Worries
French stocks were subdued on Thursday after Fed Chair Jerome Powell once again signaled bigger interest-rate hikes, saying the U.S. central bank was wrong in initially thinking inflation was only the result of "transitory" factors.
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DAX Slips On Growth Worries
German stocks opened lower on Thursday amid concerns that higher interest rates may weigh on global growth.
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Asian Shares Mixed On Rate Fears, China Inflation Data
Asian stocks ended mixed on Thursday as concerns persisted about headwinds from rising global rates and China reported downbeat inflation data.
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China Inflation Weakest In A Year; Factory Gate Deflation Deepens
China's consumer price inflation eased markedly in February on weak demand following the Lunar New Year holidays and producer price deflation deepened further, official data showed on Thursday. Consumer prices grew 1.0 percent on a yearly basis in February that was weaker than the 2.1 percent gain in January, the National Bureau of Statistics said.
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Commodity Currencies Fall As Most Asian Markets Traded Lower
Commodity currencies such as the Australian, the New Zealand and the Canadian dollars weakened against their major counterparts in the Asian session on Thursday, as investors are reluctant to make significant moves ahead of the release of the closely watched U.S. monthly jobs report on Friday.
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European Shares Poised For Soft Open In Cautious Trade
European stocks may open on a sluggish note Thursday after U.S. Federal Reserve Chair Jerome Powell reiterated his hawkish stance on the second day of his congressional testimony, adding no call has been made yet on the size of March rate rise.
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