Berita Valas

Caleres Reiterates Q3, FY23 Outlook

Ahead of its Investor Day later on Thursday, footwear brand Caleres Inc. (CAL) reiterated its earnings, adjusted earnings and sales growth guidance for the third quarter and fiscal year 2023. However, it expects to be at the low-end of the sales range for both third quarter and fiscal year 2023, given the challenging consumer demand environment in September.
RTTNews | 672 days ago
Sri Lanka Central Bank Slashes Key Rates By 100 Bps

Sri Lanka Central Bank Slashes Key Rates By 100 Bps

The Central Bank of Sri Lanka lowered its benchmark rates by 100 basis points on Thursday citing faster deceleration of inflation. The Standing Deposit Facility Rate and the Standing Lending Facility Rate were reduced by 100 basis points to 10.00 percent and 11.00 percent, respectively.
RTTNews | 672 days ago
German Exports Fall More Than Expected

German Exports Fall More Than Expected

Germany's exports declined more than expected in August highlighting the risk of the economy slipping into a recession in the second half of the year. Exports decreased 1.2 percent on a monthly basis in August, slower than the 1.9 percent drop in July, Destatis reported Thursday. But the fall was bigger than economists' forecast of 0.4 percent decrease.
RTTNews | 672 days ago
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Asian Shares Advance As Rate Hike Worries Ease

Asian Shares Advance As Rate Hike Worries Ease

Asian stocks advanced on Thursday after oil prices tumbled and bond yields on both sides of the Atlantic fell from their highest levels for more than a decade amid signs that U.S. economic growth is slowing.
RTTNews | 672 days ago
Antipodean Currencies Rise Amid Risk Appetite

Antipodean Currencies Rise Amid Risk Appetite

Antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major currencies in the Asian session on Thursday amid risk appetite, as softer-than-expected U.S. jobs data drove bond yields lower, which retreated from 16-year highs. Traders are also indulging in bargain hunting after the recent slump in the markets.
RTTNews | 672 days ago

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