April 28, 2024 11:29 am
Sweden has reported a 54.7% drop in its trade balance surplus in March from a year earlier. The country’s trade surplus shrank to SEK 4.8 billion in March from SEK 10.6 billion in the same month of 2023, the latest data by Statistics Sweden showed. Total exports plunged 10.7% year-on-year to SEK 176.2 billion in […]
Read moreApril 27, 2024 3:37 pm
Singapore’s manufacturing output shrank at an annual rate of 9.2% in March, following a revised up 4.4% growth in February, according to data by Singapore Economic Development Board. In comparison, market consensus had pointed to a considerably smaller decrease, by 1.5%. It has been the steepest year-on-year contraction since August 2023. In March, production substantially […]
Read moreApril 27, 2024 12:00 pm
Retail sales in Norway grew for a second straight month in March, the latest data by Statistics Norway showed. Sales rose 0.3% in March over February, following a revised up 0.2% increase in the prior month. Sales of other goods rose further in March (2.8% compared to 1.6% in February), while sales of food and […]
Read moreApril 27, 2024 10:38 am
Consumer sentiment in France was a bit weaker in April over the prior month, data by INSEE showed. The consumer confidence indicator for France came in at a reading of 89.65 in April, down from 91.02 in March and also below market consensus of 92. The latest figure remained below the long-term average of 100. […]
Read moreApril 26, 2024 9:27 am
Spain’s rate of unemployment was reported to have risen to its highest level since Q1 2023 in the first quarter of 2024. The unemployment rate came in at 12.29%, up from 11.8% in Q4 of 2023 and exceeding market consensus of 11.8%. In the latest quarter, the number of unemployed persons rose by 117,000 over […]
Read moreApril 26, 2024 7:20 am
The GBP/JPY currency pair advanced to a fresh 15 1/2-year high of 195.965 on Friday, after the Bank of Japan maintained its short-term interest rate intact at around 0% to 0.1% at its April meeting, in line with market expectations. The central bank also stuck with its March guidance to continue purchasing government bonds around […]
Read moreApril 25, 2024 1:12 pm
The US economy grew at an annualized rate of 1.6% in the first quarter of 2024, a preliminary estimate showed, compared with a 3.4% growth in the preceding three months. The latest figure came well short of market consensus of 2.5% and marked growth deceleration for the second straight quarter. It has also been the […]
Read moreApril 25, 2024 10:54 am
Sensata Technologies (NYSE: ST), an industrial technology company and provider of sensor-rich solutions and insights for its clientele, said on Wednesday that its Board of Directors had authorized a quarterly dividend in the amount of $0.12 per share. The second-quarter dividend will be paid on May 22nd to shareholders of record as of the close […]
Read moreApril 25, 2024 9:14 am
Italy’s antitrust authority has imposed a fine of as much as 10 million euros on two subsidiaries of Amazon in relation with alleged unfair commercial practices. The US company “significantly restricted consumers’ freedom of choice” by automatically pre-setting a ‘Subscribe and Save’ option on its website for a range of products, according to the authority. […]
Read moreApril 25, 2024 7:21 am
MPLX LP (NYSE: MPLX) said this week its Board of Directors had authorized a quarterly cash dividend in the amount of $0.85 per share of common stock. The dividend will be paid on May 13th to shareholders of record as of the close of business on May 3rd 2024, the company said. Stock Performance The […]
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