June 14, 2024 7:29 am
Export prices in South Korea rose at an annual rate of 7.5% in May, data by the Bank of Korea showed, after a revised up 6.5% increase in April. It has been the most significant YoY surge in export prices since November 2022. In May, prices went up at a faster rate for manufacturing products […]
Read moreJune 13, 2024 4:55 pm
Gold production in South Africa was reported to have contracted 1.7% year-on-year in April, or at a slower rate compared to the prior month (-4.3% YoY). April has been the sixth straight month of output decline, but the pace has been the softest since September 2023. That performance contributed negatively to the volume of mining […]
Read moreJune 13, 2024 10:58 am
Core & Main Inc (NYSE: CNM) said on Wednesday that its Board of Directors had authorized the repurchase of up to $500 million of the company’s outstanding shares of Class A common stock. ”We remain confident in our ability to grow faster than our end markets, while expanding profitability and generating strong cash flow. Today’s […]
Read moreJune 13, 2024 9:05 am
Johnson Controls International PLC (NYSE: JCI), a global leader in smart, healthy and sustainable buildings, said this week its Board of Directors had authorized a regular quarterly cash dividend of $0.37 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on July 19th […]
Read moreJune 13, 2024 7:28 am
Spot Gold retreated on Thursday after the Federal Reserve indicated just one interest rate cut this year, compared to three rate cuts projected in March, as inflation still remains elevated. The US central bank left its federal funds rate target range without change at a 23-year high of 5.25%-5.50% for the seventh straight policy meeting […]
Read moreJune 12, 2024 12:17 pm
Annual CPI inflation in India has slowed further, to 4.75% in May from 4.83% in April, data showed on Wednesday. In comparison, a consensus of analyst estimates had pointed to an acceleration to 4.9%. It has been the lowest CPI inflation in a year. The inflation rate has remained within the central bank’s medium-term target […]
Read moreJune 12, 2024 10:00 am
The GBP/USD currency pair edged higher on Wednesday, while rebounding from a two-week low of 1.2688, ahead of the outcome of the Federal Reserve’s two-day policy meeting and the release of US CPI inflation figures for May. The Fed is widely expected to leave its federal funds rate target range without change at a 23-year […]
Read moreJune 12, 2024 7:56 am
The EUR/USD currency pair remained stuck in a narrow trading range on Wednesday ahead of the outcome of the Federal Reserve’s two-day policy meeting and the release of US CPI inflation figures for May. The Fed is widely expected to leave its federal funds rate target range without change at a 23-year high of 5.25%-5.50% […]
Read moreJune 11, 2024 2:56 pm
The value of building permits in Canada has risen at a monthly rate of 20.5% to $12.8 billion in April, after a 12.3% decrease in March, data by Statistics Canada showed. The actual rate well exceeded market consensus of a 2.2% increase. In April, residential permits rose at a monthly rate of 21% to $8 […]
Read moreJune 11, 2024 12:57 pm
Advantage Solutions Inc (NASDAQ: ADV) said on Monday that it had sold Strong Analytics, a designer and developer of custom software solutions, to Chicago-based OneSix. However, the company did not disclose any financial details of the agreement. Strong Analytics provides a number of data science services mostly to customers within the pharmaceutical, marketing and hospitality […]
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