Malaysian Stocks Reversal Ends Winning Streak
The Malaysian stocks market experienced a reversal on Thursday, bringing an end to a two-day winning streak. The benchmark FTSE Bursa Malaysia KLCI (FBMKLCI) closed at 1,512.36, recording a slight…
AstraZeneca Expects Double-Digit Growth in Revenue and Core Earnings by 2024
AstraZeneca, the pharmaceuticals major, has projected that its revenue and core earnings per share will grow by double-digit percentages in 2024. The company recently reported its fourth-quarter results, which showed…
The Rise of AI PCs and Smartphones
The future of technology is fast approaching, with the emergence of AI-powered PCs and smartphones right around the corner. Sooner than you may expect, these innovative devices will become a…
Bank of England Deputy Governor Sarah Breeden Shifts Focus on Interest Rate Outlook
Bank of England's Deputy Governor for financial stability, Sarah Breeden, has indicated that she is now less concerned about persistent inflationary pressures in the U.K. and the need for further…
North America Refiners Maintain Advantage in Natural Gas Prices
Citigroup commodity analysts have recently stated that North American refiners continue to enjoy a significant advantage over their international counterparts due to the low domestic natural gas prices. The bank…
U.S. Crude-Oil and Gasoline Inventories Expected to Rise
According to a survey by The Wall Street Journal, U.S. crude-oil and gasoline inventories are expected to have risen moderately last week. However, distillate fuel stocks probably fell, while refineries…
European Stocks Finish Higher
The European stock market closed on a positive note on Tuesday, with the Stoxx Europe 600 index rising by 0.63% to 486.76. Index Performance The FTSE 100 index gained 0.90%…
Precision Drilling Shares Surge Following Strong Q4 Results
Toronto, Canada - Precision Drilling, the Canadian drilling rig contractor, saw a significant increase in its shares on Tuesday morning after announcing plans to boost debt reduction and shareholder returns.…
Ford’s Earnings Report: Key Insight into Car Industry Outlook
Ford's upcoming earnings report not only has the potential to impact the stock market but also offers valuable insights into the overall outlook of the car industry amid conflicting signals.…
Alcoa Corp. Shares Plunge Amid Trade War Concerns
Shares of Alcoa Corp. are experiencing their largest decline in 10 months as concerns grow over the possibility of a trade war with China if Donald Trump is elected president…
Estée Lauder Announces Expansion of Profit-Recovery Plan
Luxury cosmetics company, Estée Lauder, made headlines on Monday with the announcement of its expanded profit-recovery plan for fiscal 2025 and 2026. This plan includes a restructuring program that entails…
Nordea Bank’s Dividend Increase and Growth Focus in 2024
By Dominic Chopping Helsinki-based Nordea Bank has announced its plans to increase its dividend and strive for higher income growth this year. The bank reported a net profit of 1.11…
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