(Reuters) Fumio Kishida, a candidate running for Japan’s prime minister position in the next election, has called for an economic stimulus running into tens of trillion yen. Kishida’s proposal includes…
(China Construction Bank) China Construction Bank’s net profit increased 10.92% to RMB154.106 billion in the first half-year of 2021 compared to the same period of last year. CCB’s extended loans…
(WSJ) Baxter International Inc. is close to agreeing on a deal to acquire medical equipment maker Hill-Rom Holdings Inc. for about $10 billion. The newly submitted bid by Baxter values…
(Fed) Fed’s Chair Jerome Powell has reiterated that the uptick in inflation is temporary, reaffirming the central bank’s plan to taper monthly bond purchases later this year. The Fed chair…
(University of Michigan) US Consumer Sentiment Index fell by 13.4% in late August from July as individuals grew concerned about personal financial prospects. On a year over year basis, consumer…
(BEA) Personal incomes in the US rose by 1.1% or $225.9 billion in July from June as workers enjoyed higher compensation and government social benefits. Disposable personal income rose 1.1%…
(WSJ) China Securities Regulatory Commission is planning to bring a new proposal that will limit companies with sensitive consumer data from going public in the US. Officials from the commission…
(Bloomberg) The Cuban government is aiming to recognize and regulate cryptocurrencies in a move aiming to encourage their use for remittances by its citizens abroad. The government has said it…
(Peloton) Peloton Interactive, Inc. announced a net loss of $313.2 million in the fourth quarter of 2021, compared to a profit of $89.1 million in the same period of last year.…
(Bloomberg) Analysts are speculating that China’s central bank will cut rates on Friday after it hinted at the policy move to spur rural finance in a slowing economy. The statement…
(Gap Inc.) Gap Inc. net sales in the second quarter of 2021 rose the highest in over a decade at 29% year over year to $4.2 billion. For the first…
(Dell) Dell Technologies announced a record revenue of $26.1 billion in the second quarter of 2022, up 15% year over year. For the six months of fiscal 2022, Dell’s revenue…