November 30, 2024 12:03 pm
Producer prices in Singapore have dropped 5.3% year-on-year in October, the latest data by Statistics Singapore showed. It has been a third straight month of decline in domestic supply prices. Yet, October’s drop was slower compared to that recorded in September (-7.1% YoY). In October, prices went down at a slower rate for: – mineral […]
Read moreNovember 29, 2024 4:49 pm
Retail sales in Norway have increased 0.2% month-on-month in October over September, the latest data by Statistics Norway showed. The latter followed a 0.3% decrease in September. In October, sales rose for: – non-specialized stores (0.6% month-on-month after a 0.4% drop in September); – other household equipment (0.8% month-on-month after a 0.6% slump in September); […]
Read moreNovember 29, 2024 11:28 am
Switzerland’s economy has expanded 0.4% quarter-on-quarter in Q3 of 2024, while decelerating from a 0.6% growth in Q2, data by the State Secretariat for Economic Affairs showed. The latest figure came in line with market consensus. The nation’s growth was driven by strong performance in sectors such as: – real estate, professional and technical activities, […]
Read moreNovember 29, 2024 9:05 am
Retail sales in Germany dropped at a monthly rate of 1.5% in October, after a revised up 1.6% surge in September, the latest data by the Federal Statistical Office showed. In comparison, a consensus of analyst estimates had pointed to a much smaller decrease, by 0.3%. In October, non-food sales went down 2.2% over the […]
Read moreNovember 28, 2024 2:50 pm
An indicator of business confidence in Sweden has risen to its highest level since August 2022 in November, data by the National Institute of Economic Research showed. The business confidence gauge came in at a reading of 98.3 in November, while improving from a revised up 95.2 in October. Yet, the indicator has remained below […]
Read moreNovember 28, 2024 10:12 am
Best Buy Co Inc (NYSE: BBY) said on Wednesday that its Board of Directors had authorized a regular quarterly cash dividend of $0.94 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on January 7th to shareholders of record as of the close […]
Read moreNovember 28, 2024 8:28 am
The South Korean Won retreated against the US Dollar and South Korean 10-year Treasury yield fell to lowest level since March 2022, after the Bank of Korea cut interest rates for a second straight policy meeting in November, confounding market expectations of a pause. The Bank of Korea lowered its base rate by 25 basis […]
Read moreNovember 27, 2024 12:17 pm
Arthur J. Gallagher & Co, a global insurance brokerage, risk management and consulting services firm, said this week it had acquired Shepard Insurance Group based in Old Greenwich, Connecticut. However, the company did not disclose any financial details of the agreement. Shepard Insurance Group is a retail insurance broker, which serves high-net-worth clientele in the […]
Read moreNovember 27, 2024 10:10 am
Hafnia Limited (NYSE: HAFN) said on Wednesday that its Board of Directors had authorized a regular quarterly cash dividend of $0.379 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on December 12th to shareholders of record as of the close of business […]
Read moreNovember 27, 2024 8:03 am
TOYO Co. Ltd (NASDAQ: TOYO), a solar solution company, said on Tuesday that it had secured a $150 million contract to supply high efficiency solar cells to a leading solar module manufacturer. Under the agreement, TOYO is to supply its cutting-edge solar cells to support the client’s expanding solar module production in both India and […]
Read more
