News

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05 Nov 2024 04:30

Indonesia's Economy Continues Steady Growth

Daily News

Forex - Indonesia's economy continued to progress with a stable growth rate in the third quarter, supported by both domestic and external demand. According to a s...

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05 Nov 2024 04:25

Senate Democrats Seek Another 50 Basis Points Rate Cut from the Fed

Daily News

Democrats on Capitol Hill are demanding another significant interest rate cut from the Fed this week to reduce housing costs. Senator Elizabeth Warren has called ...

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05 Nov 2024 04:20

Canadian Prime Minister to request a 35% reduction in emissions from the oil and gas sector.

Daily News

Canada's Prime Minister Justin Trudeau will call for a 35% reduction in emissions from the oil and gas industry compared to 2019 levels. Environment Minister Stev...

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05 Nov 2024 04:20

Morgan Stanley's Local Unit Set to Trade in China's Derivatives Market

Daily News

Morgan Stanley (NYSE:MS) has received final approval to launch futures trading in China through a newly established unit, becoming the second largest U.S. company...

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05 Nov 2024 04:10

Galata Wind Reports Pre-Tax Profit of 925 Million TL for Q3 2024

Daily News

Foreks - Galata Wind, one of Turkey's leading names in the renewable energy sector, reported an Earnings Before Interest, Taxes, Depreciation, and Amortization (E...

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05 Nov 2024 04:10

Title: Turkish Citizen Arrested on Suspicion of Conspiracy to Violate U.S. Sanctions on Venezuelan Oil Trade

Daily News

The U.S. Department of Justice reported that a Turkish citizen was arrested under suspicion of conspiring to violate sanctions related to Venezuelan oil trading f...

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05 Nov 2024 04:00

Toyota's Profit Expected to Decline for the First Time Since Q2 2022

Daily News

When Toyota Motor reports its second-quarter earnings on Wednesday, it is expected to record its first profit decline in the last two years, highlighting a coolin...

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05 Nov 2024 03:50

KPMG Cuts 4% of Its Audit Staff in the U.S.

Daily News

According to a report based on sources familiar with the matter, KPMG International Ltd. laid off approximately 330 employees last week, representing about 4% of ...

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05 Nov 2024 03:45

Weekly Steel Production Decreased in the U.S.

Daily News

Foreks - Raw steel production in the U.S. showed a weekly decrease. According to data released by the American Iron and Steel Institute (AISI), raw steel producti...

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05 Nov 2024 03:40

Australian Central Bank Keeps Interest Rates Steady in Line with Market Expectations

Daily News

Forex - The Reserve Bank of Australia (RBA) has indicated that its primary focus is to sustainably bring inflation back to target, aligning with market expectatio...

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05 Nov 2024 03:40

Prime Minister Li: China is Confident in Achieving This Year's GDP Growth Target and Future Economic Outlook

Daily News

Forex - The Chinese Prime Minister reiterated that the country is expected to achieve its economic growth target of “around 5%” this year, given the positive mome...

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05 Nov 2024 03:35

Banking Policy Institute/Nelson: Fed May Shift Its Wording on Inflation Outlook

Daily News

Forex - Analysts expect a quiet quarter-point rate cut in the U.S. this week, but Bill Nelson, Chief Economist at the Bank Policy Institute, stated that the Fed m...

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05 Nov 2024 03:30

HSBC Maintains Expectation That TCMB Will Not Change Interest Rates Until 2025

Daily News

Forex - Following the inflation data for October released by the Turkish Statistical Institute (TÜİK) yesterday, HSBC stated that they continue to predict that th...

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05 Nov 2024 03:20

China's Service Sector Activity Sees Accelerated Growth

Daily News

Forex - Service sector activity in China accelerated and grew at the beginning of the fourth quarter. The Caixin Services Purchasing Managers' Index, prepared by ...

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05 Nov 2024 01:45

Wynn Resorts' Q3 Earnings and Revenue Fall Short of Expectations

Daily News

Wynn Resorts, trading under NASDAQ:WYNN, fell short of Wall Street analysts' expectations with its earnings and revenue figures for the third quarter. The company...

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05 Nov 2024 01:45

Domino's Australia CEO Steps Down as Weak Sales Send Shares Tumbling

Daily News

Domino's Pizza Enterprises, the largest franchise operator of the brand outside the U.S., announced today that CEO Don Meij is stepping down after leading the com...

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05 Nov 2024 01:45

Meta Continues Ban on New Political Ads After Elections

Daily News

Meta Platforms Inc. (NASDAQ:META) announced that it has extended its ban on new political advertisements following the US elections, stating that this suspension ...

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05 Nov 2024 01:44

Earnings Call: PostNL Projects €80 Million in Normalized EBITDA for 2024

Daily News

In the recently held Q3 2024 Earnings Call, Dutch postal company PostNL (ticker: PNL) reported a normalized EBITDA loss of €80 million, and CEO Herna Verhagen ann...

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05 Nov 2024 01:44

Earnings Call: Westpac's Disciplined Approach Yields Mixed Results

Daily News

Westpac Banking Corporation (ASX: WBC) CEO Peter King provided a detailed review of the bank's performance during the 2024 earnings call. According to the report,...

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05 Nov 2024 01:44

Earnings Call: Cohen & Company Reveals Q3 2024 Financial Results

Daily News

Cohen & Company, Inc. (Symbol: COHN) has released its financial results for the third quarter of 2024. The company reported a significant recovery with a net prof...

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05 Nov 2024 01:43

Earnings Call: Verona Pharma Reports Q3 Results, Optimistic About Ohtuvaire

Daily News

Verona Pharma PLC (VRNA) discussed its third-quarter financials and the commercial progress of its newly launched COPD treatment, Ohtuvayre, during its earnings c...

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