Itochu's First Half Net Profit Rises 6% to $2.9 Billion

Japanese trading company Itochu announced a 6% increase in its net profit for the first half of the fiscal year ending in September, rising to 438.4 billion yen (...

UniCredit Upgrades Profit Outlook, Plans to Distribute 50% Cash Dividend to Shareholders

Italy's second-largest bank by assets, UniCredit, announced today that it has upwardly revised its profit expectations for next year and plans to distribute half ...

BMW's Q3 Profit Plummets 61% Due to Challenges in China and Brake Issues

BMW AG (ETR:BMW) has announced a significant decline in its operating profit for the third quarter due to a drop in demand in the Chinese market and complications...

South Korean Firms Expected to Increase U.S. Investments Amid Customs Tariff Concerns

In light of potential policy changes under newly elected U.S. President Donald Trump, the South Korean trade minister indicated that investments from South Korea ...

India's Central Bank Chief Reports Strong Economic Activity

Shaktikanta Das, the Governor of the Reserve Bank of India, stated on Wednesday that India's economic activity continues to maintain its strength, with notable pe...

Trump's Presidency Expected to Benefit the Dollar and Stocks

As Donald Trump prepares for a possible return to the Oval Office, the US dollar and the stock market are expected to benefit, while the bond market and emerging ...

Spain's Service Sector Growth Remained Strong in October

MADRID - Spain's services sector continued to grow in October, supported by strong sales and demand, as indicated by the latest PMI figures. The S&P Global HCOB S...

Turkcell/Koç: We Prioritize Boosting Local Production

The 2024 Supplier Summit, organized by Turkcell (IS: TCELL) to support local and innovative technologies, took place in Istanbul. The summit emphasized the goal o...

India's Service Sector Growth Accelerates in October

India's service sector has entered a growth phase in October, recovering from a 10-month low in September, driven by a significant increase in demand. This marks ...

Bernie Moreno Wins Ohio Senate Seat

In a significant political shift, Republican Bernie Moreno has been elected to the U.S. Senate representing Ohio. Edison Research confirmed his victory on Tuesday...

The Environmental Impact Assessment Process for Oyak Cement's Ready-Mix Concrete Plant Capacity Expansion Project Has Begun

The Environmental Impact Assessment (EIA) process has commenced for the ready-mixed concrete plant capacity increase project planned by Oyak Çimento.

In a state...

Malaysia Central Bank Keeps Interest Rate Steady at 3.00%

Today in Kuala Lumpur, Bank Negara Malaysia decided to keep the overnight policy rate at 3.00%. This decision made during the last policy meeting of the year was ...

India Expects Stability in US Policy Post-Election, Economic Advisor States

According to India's chief economic advisor, the country anticipates a consistent approach in its relations with the U.S. following the presidential election. V. ...

EU Leaders Congratulate Trump with Cautious Optimism

European leaders conveyed their congratulations following Donald Trump's victory in the U.S. presidential election on Tuesday. French President Emmanuel Macron ex...

Decision of 'Environmental Impact Assessment Not Required' Issued for Smart Solar Energy's Integrated Solar Panel Manufacturing Facility and Wafer Process Addition Project

Foreks - Smart Solar Energy (IS:SMRTG) has received a 'No Environmental Impact Assessment Required' decision regarding the planned Integrated Solar Panel Producti...

Bitcoin Hits New Records as Altcoin Market Sees Striking Gains

Following the U.S. presidential election results that ended with Trump's victory, the global markets reacted most significantly in the crypto market. Bitcoin surp...

Is Trump's Victory Bad News for Europe?

Foreks - Andrzej Szczepaniak from Nomura argued that Donald Trump's victory in the U.S. presidential election would be “bad news for Europe.” Szczepaniak stated t...

Who Could Succeed Gary Gensler as SEC Chair?

Coin Engineer - Gary Gensler was appointed as the SEC Chairman by President Joe Biden in 2021. Gensler drew attention to himself by imposing numerous sanctions on...

American Electric Power Earnings Beat Expectations by $0.05, But Profit Falls Short

According to American Electric Power's (NASDAQ: AEP) report, third-quarter earnings per share were $1.85, surpassing analysts' expectations of $1.80 by $0.05. The...

Russia: Trump’s Victory Won't Change Our Stance on Ukraine

Forex - The Russian Foreign Ministry stated that Moscow has no illusions regarding Donald Trump's election as President of the United States and that it intends t...

High Court Takes Up Facebook Securities Fraud Case

The U.S. Supreme Court is currently reviewing an appeal related to a securities fraud case against Meta Platforms Inc. (formerly known as Facebook) (NASDAQ:META)....