Forex Nyheter
I-Mab Inks Partnership With Bristol Myers Squibb To Evaluate Givastomig In Combination Study
Biotech company I-Mab (IMAB) announced Wednesday that it has entered into a clinical trial collaboration and supply agreement with Bristol Myers Squibb (BMY).
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Bay Street Likely To Open On Positive Note
Canadian shares look headed for a positive start Wednesday morning thanks to positive global cues. The focus will be the Bank of Canada's interest rate decision.
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Philippines Inflation May Exceed Target Temporarily, Central Bank Says
Consumer price inflation in the Philippines is consistent with existing projections and is likely to exceed the target range temporarily in the coming months, due to the impact of adverse weather on domestic agricultural output and positive base effects, the country's central bank Bangko Sentral ng Pilipinas said Wednesday.
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Yen Falls As European Shares Gain
The Japanese yen weakened against other major currencies in the European session on Wednesday, as investors looked ahead to Thursday's ECB meeting and the release of U.S. labor market data on Friday for directional cues.
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United Natural Foods Boosts FY24 Bottom Line Outlook, But Backs Net Sales - Update
While reporting financial results for the third quarter on Wednesday, United Natural Foods, Inc. (UNFI) raised its adjusted bottom line results guidance for the full-year 2024, while maintaining annual net sales outlook.
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Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the European session on Wednesday.
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Inditex Stock Up On Strong Q1 Results, Q2-to-date Sales Growth
Shares of Inditex SA were gaining around 5 percent in the morning trading in Spain after the Zara owner on Wednesday reported higher profit and sales in its first quarter, and proposed a dividend. The Spanish clothing firm also reported a growth of 12 percent in its store and online sales in constant currency between May 1 and June 3.
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more news
Sensex, Nifty Rally Over 3% As NDA Looks To Form Govt
Indian markets rebounded sharply on Wednesday, after having suffered heavy losses in the previous session amid concerns that a smaller majority will see Prime Minister Modi face more difficulty in doling out reforms and infrastructure spending.
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Dollar Tree Reportedly Mulls Sale Of Family Dollar; Stock Up
Discount retail chain Dollar Tree, Inc. is exploring the sale of its unit Family Dollar Stores LLC, the Wall Street Journal reported citing people familiar with the matter. Following the news, Dollar Tree shares were gaining around 3 percent in pre-market activity on the Nasdaq. The company is working with financial advisers to conduct a strategic review of its Family Dollar business to explore...
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European Shares Gain As Eurozone Composite PMI Hits 12-month High
European stocks rose slightly on Wednesday as investors looked ahead to Thursday's ECB meeting and the release of U.S. labor market data on Friday for directional cues.
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Asian Shares Mixed In Cautious Trade
Asian stocks ended mixed on Wednesday, with Japanese markets leading regional losses as strong wage data spurred expectations of a 2024 Bank of Japan interest rate hike.
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China Service Sector Posts Fastest Growth In 10 Months
China's service sector growth accelerated to a ten-month high in May on strong new business inflows, survey results from S&P Global revealed on Wednesday. The Caixin services Purchasing Managers' Index climbed to 54.0 in May from 52.5 in the previous month. The score signaled that the sector expanded for a seventeenth consecutive month and at the strongest pace since July 2023.
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European Shares Seen Opening Up Amid Softer US Yields
European stocks are likely to open higher on Wednesday after rates on U.S. government debt fell for the fourth straight session, driven by evidence of slowing economic activity that could prompt the Federal Reserve to cut interest rates later this year.
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