German real estate major Vonovia SE reported Wednesday a net loss in its fiscal 2024, but significantly narrower than last year, mainly with growth in revenues. The company also announced higher dividend, and its fiscal 2025 outlook, expecting higher adjusted EBITDA, a key earnings metric. The company added that it is very confident as it looks ahead to this year and beyond, with the development..
Asset managers BlackRock Inc., Vanguard and State Street Corp. have asked a Texas court to dismiss a U.S. state lawsuit accusing them of conspiring to decrease coal output, Reuters reported. The companies reportedly said the allegations were half-baked and untested legal theories and asked the court to reject the adventurous attempt to rewrite antitrust law.
The Bank of Japan will on Tuesday release the minutes from its monetary policy meeting on January 23-24, highlighting a modest day for Asia-Pacific economic activity. At the meeting, the central bank raised its short-term interest rate to the highest in 17 years, aiming for a price stability target...
South Korea's Composite Consumer Sentiment Index for March stood at 93.4, the Bank of Korea said on Tuesday - dipping from 95.2 in February. Consumer sentiment for current living standards was unchanged at 87, and the outlook was at 92, one point lower than in February. Consumer sentiment for future...
The UK private sector growth strengthened to a six-month high in March, driven by the fastest upturn in the services economy since 2024, flash survey data from S&P Global revealed Monday. The flash composite output index registered 52.0 in March, up from 50.5 in February. The index has remained above the crucial 50.0 mark for the seventeenth month in a row.
South Korea's constitutional court has dismissed the impeachment of the country's acting president Han Duck-soo as null and void, and ordered that he should be reinstated to the post. Han Duck-soo was the country's Prime minister when President Yoon Suk Yeol was impeached by the parliament after he was forced to repeal the martial law he imposed on December 3 after protests by the lawmakers. Han
The European Commission has disbursed an additional 1 billion euros ($1.08 billion) from its Macro-Financial Assistance (MFA) loan to Ukraine, under its part of the G7 loan. In total, the MFA amounts to 18.1 billion euros ($19.58 billion), representing the EU's contribution to the G7-led Extraordinary Revenue Acceleration (ERA) loans initiative, which collectively aims to provide approximately 45
The U.S. Department of the Treasury and Internal Revenue Service have announced that two IRS whistle-blowers who had been targeted for investigating Hunter Biden's evasion of taxes on his $8.3 million income would be brought in to the Treasury as Senior Advisors at Treasury Headquarters in Washington, D.C. "I am pleased to welcome Gary Shapley and Joseph Ziegler to the Treasury Department, where
The Japanese stock market has finished lower in three straight sessions, shedding almost 240 points or 0.6 percent along the way. The Nikkei 225 now rests just above the 37,600-point plateau although it's due for support on Tuesday. The global forecast for the Asian markets is upbeat, with support...
The South Korea stock market on Monday wrote a finish to the five-day winning streak in which it had advanced more than 75 points or 2.9 percent. The KOSPI now sits just above the 2,630-point plateau although it may bounce higher again on Tuesday. The global forecast for the Asian markets is upbeat,...
U.S. stocks turned in a fine performance on Monday, with the technology sector posting more pronounced gains. The market stayed positive as the mood remained bullish right through. Investors reacted to reports President Donald Trump plans to hold back some of the reciprocal tariffs set to take effect on April 2nd.
Asian stock markets are trading mostly higher on Tuesday, following the broadly positive cues from Wall Street overnight, as traders continued to pick up stocks at reduced levels following recent weakness. They also seemed reluctant to make more significant moves ahead of the US Fed's monetary policy announcement on Wednesday. Asian markets closed mostly higher on Monday.
Economic confidence from Germany and foreign trade data from the euro area are the top economic news due on Tuesday. At 4.00 am ET, the State Secretariat for Economic Affairs releases Swiss Spring economic forecast. Also, foreign trade data is due from Italy.
European stocks may open on a positive note Tuesday ahead of a German parliament vote on the country's spending plans set to take place later in the day. The proposal seeks to exempt defense spending from debt limits and create a 500-billion-euro infrastructure plan fund. The CDU/CSU bloc, led...
The monetary policy is always data dependent and the link between the central bank's forecast and policy decision is not mechanical, Reserve Bank of Australia Assistant Governor Sarah Hunter said Tuesday. There are always risks and uncertainties around the central forecast and the baseline pathway is just one of a vast number of possible outcomes, she said in Sydney.
James Hardie Industries plc (JHX) is trading at $23.98, down 18.10 percent or $5.30 during Monday's trading, possibly in response to its recently announced agreement to acquire The AZEK Company for $8.75 billion, including AZEK's net debt of $386 million.
March 21, 2025 09:58 ET Central banks, led by the U.S. Fed, were in focus this week as they announced their latest policy moves. The Fed revealed the latest interest rate decision and outlook mid-week. Economic data released this week in the U.S. included retail sales figures for February. In Europe, central banks of the U.K. and Switzerland, among several others, announced their rate decisions. The Bank of Japan was in the news in Asia as it revealed its latest policy decision.
Cryptocurrencies jumped in the past 24 hours as markets reacted to reports of potential easing in tariff rules proposed by the U.S.
President Donald Trump, using emergency powers, has signed an Executive Order to expedite the process to boost mineral production in the country. He directed the head of each executive department and agency involved in the permitting of mineral production to provide to the Chair of the NEDC within...
President Donald Trump has signed an Executive Order directing the Secretary of Education to take necessary steps to facilitate the closure of the Department of Education and return education authority to the States. In the order, he wants the Secretary to continue to ensure the effective and uninterrupted...
President Donald Trump has issued a memorandum saying it is the policy of his Government that hiring in foreign policy positions, like hiring in all other parts of the Government, shall be based solely on merit. In the order, 'Removing Discrimination and Discriminatory Equity Ideology From the Foreign Service', Trump said, "over the last 4 years, divisive and discriminatory policies were systemat
Technical teams from the United States and Ukraine will meet in Saudi Arabia in the coming days to discuss broadening the ceasefire to the Black Sea. This was among a number of key points on which President Donald Trump and Ukraine's President Volodymyr Zelenskyy agreed to during a phone call Wednesday. Trump briefed his Ukrainian counterpart about his conversation with Russian President Vladim
March is recognized as Awareness Month for several diseases, including Colorectal Cancer, Cerebral Palsy, Deep Vein Thrombosis, Endometriosis, Essential Tremor, Kidney Cancer, Multiple Sclerosis, and others.
Eurozone private sector expanded for the third straight month in March as manufacturing production increased for the first time in two years, joining services in growth territory, data from S&P Global showed on Monday. The HCOB flash composite output index ticked up to 50.4 in March from 50.2 in February. The score has remained above the threshold 50.0 indicating expansion.
Germany's private sector grew at the fastest pace in ten months in March amid a robust rebound in manufacturing production, flash survey results published by S&P Global revealed Monday. The flash HCOB composite output index rose to 50.9 in March from 50.4 in February. This was the highest score since last May but it remained well below forecast of 51.2.
France's economic downturn continued in March but the pace of decline slowed moderately driven by tentative signs of recovery in the manufacturing sector, flash survey results published by S&P Global showed on Monday. The HCOB composite output index posted a two-month high of 47.0 in March, up from 45.1 in February.
Flash Purchasing Managers' survey results from the euro area and the UK are the top economic news due on Monday. At 4.15 am ET, S&P Global publishes France's flash PMI survey data. The factory PMI is expected to rise to 46.2 in March from 45.8 in February. Likewise, the services PMI is seen at 46.3, up from 45.3 a month ago.
Health Secretary Robert F. Kennedy, Jr. has renewed the public health emergency declaration addressing the nation's opioid crisis. The U.S. Department of Health and Human Services announced that the public health emergency declaration has been extended to allow sustained federal coordination efforts...
The U.S. Food and Drug Administration, along with the U.S. Department of Health and Human Services or HHS, launched an initiative to expand options for safe, reliable, and nutritious infant formula, the sole source of nutrition for infants as an alternative to human milk. Under the leadership of U.S. Health Secretary Robert F. Kennedy Jr., the initiative, named "Operation Stork Speed,"...
Educational efforts, mainly adveritsements, have prevented nearly 450,000 youth from starting E-Cigarette use in one year, reducing the youth e-cigarette use to the lowest level in a decade, according to a study co-authored by U.S. Food and Drug Administration. "The Real Cost" youth e-cigarette prevention campaign was found to have prevented an estimated 444,252 American youth, between 11 and 17
The U.S. Food and Drug Administration has announced the recalls of 365 Whole Foods Market Small Bites Macaroni & Cheese as well as Jinga Glass Noodles with Vegetables citing the possible presence of undeclared eggs, a known allergen. San Antonio, Texas-based C.H. Guenther & Son LLC's recalled Small Bites Macaroni & Cheese also contain meat ingredients.
Segway has recalled about 220,000 Segway Ninebot Max G30P and Max G30LP kickscooters due to fall hazard and risk of serious injury. According to the Consumer Product Safety Commission, the folding mechanism can fail and cause the handlebars or stem to fold while the scooter is in use, posing a fall...
Shares of RWE AG were losing around 3 percent in the German trading after the utility major warned on weak adjusted EBITDA in fiscal 2025 after reporting lower adjusted results in fiscal 2024. The company also said it would cut planned investments by around 10 billion euros. This was despite reporting significantly higher net earnings in 2024, and the company lifted dividend.
Google, owned by Alphabet Inc. (GOOG), has officially launched the Pixel 9a, its mid-range phone that offers advanced features. Pixel 9a is powered by Google's latest chip Google Tensor G4. Pixel 9a starts at $499 and will be available at the Google Store and through our retail partners beginning...