October 24, 2024 7:08 am
South Korea’s GDP has expanded 0.1% quarter-on-quarter in Q3 of 2024, following a 0.2% contraction in the second quarter, a preliminary estimate showed. Yet, the latest figure fell short of market consensus of a 0.5% growth. Economic growth was driven mostly by higher private and government consumption. Private consumption rose 0.5% quarter-on-quarter in Q3, as […]
Read moreOctober 23, 2024 9:43 am
Federal Signal Corporation (NYSE: FSS) said on Tuesday that its Board of Directors had authorized a regular quarterly cash dividend of $0.12 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on December 2nd to shareholders of record as of the close of […]
Read moreOctober 23, 2024 7:14 am
Annual consumer inflation in Singapore has eased to 2% in September from 2.2% in August, data by Statistics Singapore showed. It has been the lowest inflation level since March 2021. The actual figure compares with market consensus of 1.9%. Food inflation has been the lowest in 31 months, at 2.6%, while easing from 2.7% in […]
Read moreOctober 22, 2024 10:35 am
Acacia Research Corporation (NASDAQ: ACTG) said on Monday that it had acquired Deflecto in a deal valued at $103.7 million. Under Acacia’s ownership, Deflecto will continue to be headed by its Chief Executive Officer, Ross Pliska, and the current management team. In the 12-month period ended August 31st, Deflecto generated revenue of about $131 million. […]
Read moreOctober 22, 2024 7:53 am
CMS Energy Corp (NYSE: CMS) said on Monday that its Board of Directors had authorized a regular quarterly cash dividend of $0.515 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on November 27th to shareholders of record as of the close of […]
Read moreOctober 22, 2024 6:45 am
Titan International Inc (NYSE: TWI) said on Monday that it had finalized the buyback of 8.0 million shares of common stock from MHR Fund Management in an all-cash deal valued at $57.6 million (or $7.20 per share). The transaction was approved by the Board of Directors, with no impact on the preexisting share buyback authorization, […]
Read moreOctober 21, 2024 8:23 am
The People’s Bank of China has lowered benchmark lending rates to fresh record lows, as it stepped up efforts to spur economic growth. The 1-year loan prime rate, a benchmark for the majority of corporate and household loans, was reduced by 25 basis points to 3.1% at the October fixing. The 5-year loan prime rate, […]
Read moreOctober 21, 2024 7:12 am
Spot Gold registered a fresh all-time high of $2,732.88 per troy ounce on Monday amid heightened Middle East tensions, uncertainty regarding the US presidential election as well as lower interest rates by central banks. Tensions rose after Hezbollah announced last Friday that it was entering a more intense phase in its conflict with Israel. Meanwhile, […]
Read moreOctober 20, 2024 2:49 pm
Italy’s current account surplus has increased to EUR 1.358 billion in August, data showed, from EUR 757 million in August 2023. The nation’s services surplus expanded to EUR 1.2 billion in August from EUR 516 million a year earlier, as services credits rose to EUR 14.1 billion from EUR 13.5 billion. Italy’s primary account deficit […]
Read moreOctober 19, 2024 11:40 am
India’s foreign exchange reserves have continued to ease from the record high of $704.9 billion registered in the last week of September. Foreign exchange reserves held by the Reserve Bank of India decreased to $690.4 billion as of October 11th, the latest data showed. The result was largely attributed to an outflow of foreign capital […]
Read more
