News

YTL Power International Bhd. Shares Surge on Strong Q4 Earnings

  • Post author:
  • Post category:News
  • Post comments:0 Comments
  • Post last modified:August 25, 2023

YTL Power International Bhd. shares experienced a significant boost in early Friday trading, driven by optimism surrounding the company's outlook following the release of impressive fiscal fourth-quarter earnings. Strong Financial…

Producers of Metals and Raw Materials Face Challenges

  • Post author:
  • Post category:News
  • Post comments:0 Comments
  • Post last modified:August 25, 2023

Gold futures experienced a decline following a four-day winning streak, as traders eagerly await a speech on Friday from Federal Reserve Chairman Jerome Powell. This anticipated speech has left many…

Canadian Bank Earnings Drive Market Movement

  • Post author:
  • Post category:News
  • Post comments:0 Comments
  • Post last modified:August 25, 2023

Canadian bank third-quarter earnings have been in focus as the Toronto stock market experienced modest declines today. Royal Bank of Canada (RBC) exceeded expectations, while Toronto-Dominion Bank (TD Bank) missed.…

Dollar Tree Faces Pressure on Profits from Inventory Loss

  • Post author:
  • Post category:News
  • Post comments:0 Comments
  • Post last modified:August 24, 2023

Dollar Tree, the discount retailer (ticker: DLTR), has joined the list of retailers feeling the squeeze on profits due to inventory loss. In its second-quarter earnings report, Dollar Tree revealed…

Anglo-Eastern Plantations Faces Profit Drop

  • Post author:
  • Post category:News
  • Post comments:0 Comments
  • Post last modified:August 24, 2023

Anglo-Eastern Plantations Faces Profit Drop in First Half of Year In the first six months of the year, Anglo-Eastern Plantations saw a decline in pretax profit due to the weaker…

Redcentric Reports Fiscal 2023 Loss as Expenses Double

  • Post author:
  • Post category:News
  • Post comments:0 Comments
  • Post last modified:August 24, 2023

Redcentric, an IT managed-services provider, announced a pretax loss of £12.5 million ($15.9 million) for the fiscal year ended March 31, 2023. This marks a significant swing from the £5.5…

Tougher Rules Ahead for Banks

  • Post author:
  • Post category:News
  • Post comments:0 Comments
  • Post last modified:August 23, 2023

Investors should brace for a challenging period as executives prepare to face the impact of new regulations. These rules, which demand higher capital levels for banks with assets exceeding $100…