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New Zealand Has NZ$701 Million Trade Shortfall In June
New Zealand posted a merchandise trade deficit of NZ$701 million in June, Statistics New Zealand said on Thursday - following the downwardly revised NZ$195 million surplus in May (originally NZ$263 million).
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1512 days ago
Japan Interest Rate Decision On Tap For Thursday
The Bank of Japan will wrap up its monetary policy meeting and then announce its decision on interest rates, highlighting a busy day for Asia-Pacific economic activity. The BoJ is widely expected to keep its benchmark lending rate unchanged at -0.10 percent.
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1512 days ago
TSX Ends Modestly Higher
The Canadian market ended modestly higher on Wednesday, thanks to strong buying in healthcare, technology and energy stocks.
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1512 days ago
Dollar Climbs Higher Against Major Counterparts
The U.S. dollar climbed higher against the Euro and a few other major counterparts on Wednesday, rebounding from recent losses.
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1512 days ago
Swiss Market Fails To Hold Early Gains, Ends On Weak Note
After opening modestly higher and holding in positive territory till noon, Swiss stocks drifted down into the red and stayed weak till the end of the session on Wednesday as investors turned cautious and took some profits, cashing recent gains.
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1512 days ago
Major European Markets Snap 3-day Winning Streak, Close Modestly Lower
Despite opening on a positive note, the major European markets snapped a three-day winning streak and closed lower on Wednesday as the mood turned cautious ahead of the European Central Bank's policy announcement, due on Thursday.
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1512 days ago
ECB To Hike Rates For First Time In Over A Decade
The European Central Bank is set to deliver the first hike in interest rates in 11 years on Thursday, and follow up with another such move in September, and may also provide guidance on the proposed anti-fragmentation tool. Economists widely expect the Governing Council to raise rates by 25 basis points, as the bank announced in June.
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1512 days ago
more news
Canadian Market Modestly Higher In Cautious Trade After Inflation Data
The Canadian market is modestly higher a little past noon on Wednesday, recovering slightly thanks to strong buying in technology and healthcare sectors after a mild setback.
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1512 days ago
U.S. Existing Home Sales Plunge To Two-Year Low In June
A report released by the National Association of Realtors on Wednesday showed existing home sales in the U.S. tumbled by much more than expected in the month of June. NAR said existing home sales plunged by 5.4 percent to an annual rate of 5.12 million in June after slumping by 3.4 percent to an annual rate of 5.41 million in May.
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1512 days ago
Unilever Recalls About 553 Cases Of Knorr Soup Due To Undeclared Milk Allergen
Unilever Food Solutions (UL) in the U.S. announced Wednesday it is recalling approximately 553 cases of Knorr Professional Soup du Jour Red Thai Style Curry Chicken with Rice Soup Mix because the product contains milk, which is not listed as an ingredient on the label.
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1512 days ago
Azerbaijan Airlines Signs MoU With Boeing For Four Additional 787-8 Aircraft
Aerospace company Boeing Co. (BA) and Azerbaijan Airlines on Wednesday signed a Memorandum of Understanding (MoU) for four additional fuel-efficient 787-8s at the Farnborough International Airshow.
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1512 days ago
F-star Therapeutics Inks License Deal With Takeda To Develop Bispecific Antibody
Biopharmaceutical company F-star Therapeutics, Inc. (FSTX), operating through its subsidiary, F-star Therapeutics Ltd., announced Wednesday that it has entered into a license agreement with Japan's Takeda Pharmaceutical Co. Ltd. (TAK) to develop a bispecific antibody.
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1512 days ago
Community Trust Bancorp Q2 Profit Declines
Community Trust Bancorp, Inc. (CTBI) reported Wednesday net earnings for the second quarter of $20.27 million or $1.14 per share, down from $23.93 million or $1.34 per share in the prior-year quarter.
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1512 days ago
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