By Dow Jones Newswires StaffGlobal stocks rose and the dollar weakened as a risk-on turn prompted by Thursday's cool jobs data continued to ripple through markets.The U.S. economy added fewer jobs than investors had anticipated in June, prompting a strengthening in U.S. Treasurys and a weaker green…
The dollar is unlikely to enter a sustained downward trend after Thursday's worse-than-expected U.S. nonfarm payrolls report, ING's Francesco Pesole says in a note. The data aren't weak enough on their own to trigger a significant repricing in rate rise bets for the Federal Reserve, he says. While…
Focus will be on Kling's next upgrade after decent progress on its financing, Citi analysts say in a research note. Kling, Kuaishou's AI video unit, raised $2.8 billion from venture capitalists and other investors amid its spinoff, it said late Thursday. Kling could raise as much as $3 billion if a…
By Kwanwoo JunShares of Samsung Electronics and SK Hynix, which together make up more than half of market capitalization for South Korea's Kospi, rebounded Friday, helping to lift the benchmark above 8000 again.The Kospi rose 5.8% to close at 8088.34, snapping a two-session losing streak. Instituti…
Thailand's economic growth is likely to pick up in 2H, since the U.S.-Iran hostilities paused in late June and the Strait of Hormuz gradually reopened, Maybank economists say in a report. Thailand is one of the Asean economies that is more exposed to the Gulf shock through supply disruptions and sh…
Great Wall Motor Target Price Cut to HK$12 From HK$15 by UOB Kay Hian >2333.HK
Geely Automobile Target Price Cut to HK$27 From HK$36 by UOB Kay Hian >0175.HK
BYD Target Price Raised to HK$135 From HK$120 by UOB Kay Hian >1211.HK
San Fu Chemical Co. Ltd. - Taiwan Figures in New Taiwan dollars. 2026 2025 Revenue NT$464,390,000 NT$401,634,000 Jan-Jun Revenue NT$2,371,210,000 NT$2,410,780,000 Source: Taiwan Stock Exchange This conten…
Siemens Energy should report solid third-quarter results with gas orders coming in strong, Citi analysts write. Gas orders will continue to be the most-watched segment when the German maker of energy equipment reports results next month, they write. Orders should be healthy and will offer some near…
By Kwanwoo JunShares of Samsung Electronics and SK Hynix, which together make up more than half of market capitalization for South Korea's Kospi, rebounded Friday, helping to lift the benchmark above 8000 again.The Kospi rose 5.8% to close at 8088.34, snapping a two-session losing streak. Instituti…
Gold is poised to end a volatile week on the front foot after cooler-than-expected U.S. jobs data eased investors' rate-hike expectations. New York gold adds 1.5% to trade at $4,188.10 a troy ounce in early European trade. The dollar and U.S. Treasury yields fell following Thursday's nonfarm payrol…
The euro's modest rise against the dollar after Thursday's weak U.S. nonfarm payrolls data highlights the lack of a convincing positive narrative for the single currency, ING's Francesco Pesole says. That largely reflects doubts the European Central Bank will raise interest rates again, he says in…
French industry is on track for a solid second quarter, helped by stronger capital goods production despite a small retreat in May, Pantheon Macroeconomics' Claus Vistesen says in a note. Industrial production edged down 0.1% on month in May, having risen 0.3% in April. Production in May was lifted…
These disclosures are from 13Ds filed with the Securities and Exchange Commission. 13Ds are filed within 10 days of an entity's attaining more than 5% in any class of a company's securities. Subsequent changes in holdings or intentions must be reported in amended filings. This material is from June…
Better Life Group Co. Ltd. - Taiwan Figures in New Taiwan dollars. 2026 2025 Revenue NT$114,000 NT$115,000 Jan-Jun Revenue NT$104,037,000 NT$97,014,000 Source: Taiwan Stock Exchange This content was automat…
By Aimee LookPluxee shares rose after revenue beat analysts' expectations amid broader scrutiny over the status of its listing.The employee benefits company said third-quarter revenue fell 3.3% on an organic basis to 312 million euros ($356.8 million).This, however, beat company-compiled analysts'…
Atlas Copco shares have outperformed the sector year-to-date, supported by easing geopolitical concerns, resilient U.S. industrial demand and a cyclical upturn in the vacuum technique unit, Bernstein analyst Alasdair Leslie writes. However, a miscommunication on vacuum technique demand at the Swedi…
In the U.S. markets were closed.In Europe, the Stoxx Europe 600 gained 0.5% in morning trading. Aalberts added 4.3% and A.P. Moeller-Maersk B rose 3.5%. On the other hand, EQT slipped 1.9%, and Redcare Pharmacy lost 1.7%. The FTSE 100 added 0.3%. Other stocks in Europe were up as France's CAC 40 in…
By Jason ChauIndian conglomerate Adani Enterprises and IHC Group will jointly invest $11.5 billion in an aluminum project in eastern India.The greenfield project in the mineral-rich state of Odisha will be funded through an equal joint venture between billionaire Gautum Adani's flagship company and…
