The financial hub's labor market made broad improvements this year, with incomes rising and unemployment staying low. Real income--adjusted for inflation--rebounded from 2023 as paychecks grew while ...
In Europe, the Stoxx Europe 600 was flat in morning trading. Aalberts rose 5% and Kion Group rose 3.6%. On the other hand, QinetiQ Group dropped 2.8%, and Bank Polska Kasa Opieki fell 2.4%. The FTSE ...
The contraction comes after Turkey's central bank kept its key interest rate at 50%, the same since January this year and its highest level in more than 20 years. The bank has attempted to wrestle ...
Turkey's economy sank into a recession over the summer, as high interest rates squeezed economic activity as the country's central bank sought to tame inflation.
Inflation increased a little in France this month but remains below policymakers' target as the economy shows signs of cooling. Consumer prices rose 1.7% on year in November, according to European ...
--HSBC Holdings is planning to close its credit card unit in China after failing to sell the unprofitable business, Reuters reports citing unnamed sources. --The bank, which is still finalizing plans, ...
Increased consumption and inflation continue to affirm underlying price trends that align with the BOJ's 2% objective, which should boost the central bank's confidence to hike once more in December, ...
The software company has become a leveraged bitcoin play in the eyes of many investors. Direct Line Rejects Aviva Offer Direct Line described Aviva's $4.2 billion takeover approach as highly ...
European stock futures were mixed after Asia markets edged lower. U.S. markets were closed for Thanksgiving, with a shortened Black Friday trading session marking the month's end. The dollar held ...
China Resources Power’s financial leverage is high, with a net gearing ratio of about 1.88 times as of end-2023, and EBITDA interest coverage ratio of 7.3 times in 2023. This is similar to other ...
Genting Malaysia shares were on track for their biggest one-day gain this year after its third-quarter net profit jumped more than threefold. Shares rose as much as 5.2% early Friday. They were last ...