European Stocks Rise Ahead of Thanksgiving Holiday
In Europe, the Stoxx Europe 600 gained 0.4% in morning trading. Direct Line Insurance rose 36.4% and BE Semicon Industries added 5.4%. On the other hand, Grifols dropped 3%, and LEG Immobilien fell ...
Spanish Inflation Heats Up on Energy Effects
Consumer prices rose 2.4% in November, accelerating from 1.8% in October, according to E.U.-harmonized figures released Thursday by Spain's statistics agency. That was a little faster than the 2.3% ...
Sompo, Japan’s Third-Largest General Insurer, Differentiates Itself With Nursing Care, Palantir Tie
Tokio Marine, MS&AD, and Sompo—together have 88% share, and only three others (AIG, the nonlife unit of an agricultural cooperative insurer, and Sony Assurance) have even 1%. Despite this high ...
U.S.-Europe Trade War Could Nudge Inflation Higher, ECB's Lagarde Says
U.S. President-elect Donald Trump has threatened to slap steep tariffs on goods imported into the U.S., including from Europe. If European governments were to retaliate, sparking a transatlantic trade ...
We Recommence Coverage of Freeport-McMoRan, USD 25 Fair Value Estimate
In terms of commodity prices, we assume copper and gold average around USD 4.25 per pound and USD 2,800 per ounce from 2025 to 2027, respectively, based on the futures curve. Our midcycle assumptions ...
EMEA Morning Briefing: Stock Futures Higher; Trading May Be Subdued Amid U.S. Holiday
While the domestic market in China continues to exert strength, with home appliances and automobiles having room for upward demand, there is no strong sign of improving demand overseas for the time ...
Bank of Korea Surprises With Back-to-Back Rate Cut, Lowers Growth Forecasts — Update
The central bank's downgraded growth outlooks underscore its concern that the economy could lose more steam. It now expects South Korea's gross domestic product to expand 2.2% in 2024 and 1.9% in 2025 ...
AGM Update Reaffirms Humm as a No-Moat Business
Humm’s card products have been revamped to feature greater perks. These include interest-free periods, cashbacks or conversion to interest-free instalments. Elsewhere, its commercial and leasing ...
Engine Maintenance Issues Are Weighing on Air New Zealand in the Near Term
We estimate the domestic business, where Air New Zealand typically enjoys around 80% market share, had recovered to pre-covid levels by the end of fiscal 2023. We expect the international recovery, ...
Fisher & Paykel’s Long-Term Trajectory Is Intact
Fisher & Paykel is well-positioned to benefit from long-term growth prospects in hospital and home respiratory care. Increasing adoption of nasal high flow, or NHF, therapy in the hospital division is ...
Why Trump foes can't block day-one tariffs on China, Mexico and Canada
President-elect Donald Trump has already begun to captivate financial markets with his unorthodox negotiating style, as evidenced by the reaction to his Monday night threat to impose 25% tariffs on ...
CoinDesk Bitcoin Price Index Gained 6.20% to $96626.43 — Data Talk
CoinDesk Bitcoin Price Index is up $5644.35 today or 6.20% to $96626.43 --Largest percentage increase since Nov. 11, 2024, when it gained 10.27% --Up 38.14% month-to-date; On pace for best month since ...