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AlTi Global Slips To Loss In Q2
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(RTTNews) - AlTi Global, Inc. (ALTI) reported Friday a net loss attributable to AlTi for the second quarter of $5.99 million or $0.18 per share, compared to net income of $42.74 million or $0.25 per share in the prior-year quarter.
Total revenues for the quarter declined to $49.45 million from $51.29 million in the same quarter last year.
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AlTi Global Swings To Profit In Q1
AlTi Global, Inc. (ALTI) reported Friday net income attributable to AlTi for the first quarter of $29.35 million or $0.18 per share, compared to a net loss of $68.74 million or $1.19 per share in the prior-year quarter.
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AlTi Global Promotes COO Kevin Moran To Addl. Role Of President
Global wealth and alternatives manager AlTi Global, Inc. (ALTI) announced Friday that Chief Operating Officer Kevin Moran is promoted to the role of President with immediate effect, reporting to CEO Michael Tiedemann.
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Singapore Shares May Crack Resistance At 4,300 Points
The Singapore stock market ticked higher again on Thursday, one day after ending the five-day winning streak in which it had climbed more than 50 points or 1.2 percent. The Straits Times Index now sits just shy of the 4,300-point plateau and it may see additional support on Friday.
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Japan Household Spending Jumps 1.7% In July
The average of household spending in Japan was up a seasonally adjusted 1.7 percent on month in July, the Ministry of Internal Affairs and Communications said on Friday - coming in at 305,694 yen.
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Japan Bourse May Extend Thursday's Gains
The Japanese stock market has moved higher in two of three trading days since the end of the two-day losing streak in which it had dropped almost 650 points or 1.4 percent. The Nikkei 225 now sits just above the 42,580-point plateau and it may add to its winnings on Friday.
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Win Streak May Continue For South Korea Shares
The South Korea stock market has moved higher in three straight sessions, collecting more than 55 points or 1.8 percent along the way. The KOSPI now rests just above the 3,200-point plateau and it may extend its gains again on Friday.
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Japan Household Spending Data Due On Friday
Japan will on Friday release July figures for household spending, highlighting a modest day for Asia-Pacific economic activity. Spending is expected to rise 1.3 percent on month and 2.2 percent on year after sinking 5.2 percent on month and climbing 1.3 percent on year in June.
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Swiss Franc Falls Against Majors
The Swiss franc dropped against its major counterparts in the New York session on Thursday.
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