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Forex Aktualności
PDD Holdings Q4 Profit Rises 43%
PDD Holdings, Inc. (PDD) reported on Monday that fourth-quarter net income attributable to ordinary shareholders grew 43 percent to RMB9.45 billion or $1.37 billion), from RMB6.62 billion in the prior-year quarter. Earnings per ADS were RMB6.52 or $0.95, up from RMB4.66 a year ago.
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Sensex, Nifty End Off Day's Lows
Indian shares fell sharply on Monday before ending the session off their day's lows.
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European Shares Off Day's Lows
European stocks traded mixed on Monday, after having fallen sharply earlier in the session on concerns over a deepening banking crisis and an impending recession.
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FTSE 100 Slides As Banks And Energy Stocks Drag
U.K. stocks fell on Monday as banks extended last week's declines on concerns over a deepening banking crisis.
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CAC 40 Declines As Banks Drag After Credit Suisse Rescue
French stocks opened lower on Monday amid fears of a deepening banking crisis.
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DAX Tumbles As Bank Worries Persist
German stocks fell sharply on Monday, with banks declining again after Switzerland's largest banking institution - UBS Group - entered into a merger deal with its troubled rival - Credit Suisse.
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Asian Shares Slump After Credit Suisse Buyout
Asian stocks tumbled on Monday amid signs of a deepening crisis in the financial system, lingering fears of a global recession and anxiety ahead of a Federal Reserve meeting this week.
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more news
Indian Rupee Falls To 4-day Low Against U.S. Dollar
The Indian rupee weakened against the U.S. dollar in afternoon deals on Monday, as regional shares fell on concerns about turmoil in the U.S. banking sector and an impending recession.
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Hoyo, SBC Recalls Frozen, Ready-To-Eat Beef Sambusa Product
Bloomington, Minnesota -based Hoyo, SBC is recalling around 1,046 pounds of ready-to-eat beef sambusa products citing possible foreign matter contamination, the U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS announced. The recalled products may be contaminated with extraneous materials, specifically thin, wire-like metal.
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Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the European session on Monday.
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Euro Little Changed After German PPI Data
At 3:00 am ET, Destatis issued Germany's producer prices data for February.
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Euro Falls Ahead Of German PPI Data
At 3:00 am ET, Destatis is scheduled to issue Germany's producer prices data for February. Economists forecast producer price inflation to ease to 14.5 percent from 17.8 percent in January.
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European Economic News Preview: Eurozone Foreign Trade Data Due
Foreign trade from the euro area and producer prices from Germany are the top economic news due on Monday. At 3.00 am ET, Destatis is scheduled to issue Germany's producer prices for February. Economists forecast producer price inflation to ease to 14.5 percent from 17.8 percent in January.
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