U.S. stock and bond markets will be closed on Thanksgiving and will have shortened hours on Black Friday. Stock markets will stop trading at 1 p.m. Eastern on Friday, while bond markets will remain ...
Meituan, a dominant player in the Chinese food-delivery market, has enjoyed solid earnings momentum since it returned to an annual profit last year. But with stiff competition from the likes of ...
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 ...
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.
Renesas is an integrated device manufacturer, or IDM, meaning it designs and manufactures semiconductors. It serves the automotive, industrial, infrastructure, and Internet of Things, or IoT, markets.
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, ...
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 ...
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, ...
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 ...