Record Profits and a Weakening Yen Drive Surging Nikkei and Topix in Japan

Record Profits and a Weakening Yen Drive Surging Nikkei and Topix in Japan

Japan’s Stock Market Continues Impressive Performance; Yen Weakens Pedestrians walking across with crowded traffic at Shibuya crossing square. Jaczhou | E+ | Getty Images Japan Stock Market Performance Japan’s stock market has emerged as a standout performer in the Asia Pacific region, registering impressive gains over the past year. Both the Nikkei and the broader … Read more

Home Depot Earnings Beat Estimates, but Shares Fall

Home Depot Earnings Beat Estimates, but Shares Fall

Home Depot earnings beat estimates, but shares fall Home Depot reported better-than-expected earnings and revenue for the fourth quarter despite consumers taking on smaller projects at home. The company earned $2.82 per share on revenue of $34.79 billion. Analysts polled by LSEG expected a profit of $2.77 per share on revenue of $34.64 billion. CFO … Read more

Analysis: Butter Prices Drop as Food Prices Fall in Czech Republic

Analysis: Butter Prices Drop as Food Prices Fall in Czech Republic

According to the analysis, a quarter kilo of butter cost an average of 65.30 a year ago, now in February it is 53.70 crowns. At the same time, promotional prices also fell. “Last year, since March of last year, they mostly stayed around forty crowns, although sometimes it was possible to come across a price … Read more

Japan’s Central Bank Expected to Exit Negative Interest Rate Regime as Depreciation Pressure on Yen Persists

Japan’s Central Bank Expected to Exit Negative Interest Rate Regime as Depreciation Pressure on Yen Persists

Japan’s Central Bank Expected to Exit Negative Interest Rate Regime Japan’s Central Bank Expected to Exit Negative Interest Rate Regime An editorialized picture of a falling graph against the Japanese flag. Exiting Negative Interest Rate Regime Japan’s central bank is expected to exit its negative interest rate regime this spring, according to a former Bank … Read more

Goods Inflation Eases as Supply Chains Normalize and Consumer Demand Shifts

Goods Inflation Eases as Supply Chains Normalize and Consumer Demand Shifts

Demand for Goods Eases as Prices Take a Dip American consumers witnessed a surge in demand for goods during the Covid-19 pandemic, yet escalating prices threatened their purchasing power. Global supply chains struggled to keep up, exacerbating the issue further. However, the tide seems to be turning now as goods inflation eases, providing relief to … Read more

Stocks making significant moves after hours: Robinhood and Lyft surprise with strong earnings and revenue beat

Stocks making significant moves after hours: Robinhood and Lyft surprise with strong earnings and revenue beat

Stocks making the biggest moves after hours Published 28 Mins Ago Robinhood Markets Shares of Robinhood Markets, the popular trading platform, surged 9.5% in after-hours trading following the revelation of their surprise earnings and revenue beat. The company reported earnings per share of 3 cents, surpassing analyst estimates of 1 cent per share loss, as … Read more

Hong Kong-listed China EV stocks surge on Beijing’s plan to boost sector’s growth

Hong Kong-listed China EV stocks surge on Beijing’s plan to boost sector’s growth

Latest News: Hong Kong-listed China EV stocks rise on Beijing’s plan to boost sector’s growth Hong Kong-listed China EV stocks rise on Beijing’s plan to boost sector’s growth 5 Hours Ago Hong Kong-listed shares of Chinese electric vehicle companies soar after China’s commerce ministry reveals plan Hong Kong-listed shares of Chinese electric vehicle companies rose … Read more

Saxon Economy Stagnation: Current IHK Survey Reveals Deteriorating Business Situation

Saxon Economy Stagnation: Current IHK Survey Reveals Deteriorating Business Situation

The Saxon economy is in stagnation. As the current IHK survey on the economy showed, the overall business situation has deteriorated. The The reasons for this lie in the falling demand and the persistently high costs, it was said. The chambers had based the survey presented on Tuesday under the motto “Stagnation instead of upswing”. … Read more

China and Hong Kong stocks surge 2% as healthcare and tech firms gain

China and Hong Kong stocks surge 2% as healthcare and tech firms gain

China and Hong Kong stocks surge 2% as healthcare, tech firms gain Mainland Chinese and Hong Kong equity benchmarks surged 2% on Tuesday, led by healthcare and tech stocks, respectively. This comes after Chinese regulators took measures to calm a recent sell-off in markets, including a statement from the country’s securities and regulatory commission that … Read more