Gold fell over 1% on Tuesday and was set for a fourth straight monthly decline, as uncertainty in the Middle East gave way to expectations of U.S. interest rate hikes to tame inflation.FUNDAMENTALS* Spot gold TVC:GOLD declined 1.5% to $3,957.74 per ounce by 0112 GMT and was set for a monthly fall o…
Oil prices dropped on Tuesday, with investors eyeing the outcome of potential U.S.-Iran talks in Doha amid weekend missile fire from both sides that tested an interim ceasefire to end the four-month-old war.Brent August crude futures ICEEUR:BRN1!, which expire on Tuesday, were down 1.03%, or 75 cen…
Mama's Creations Inc NASDAQ:MAMA:
South Korea's President Lee Jae Myung said on Tuesday that all South Korean ships except two have exited Strait of Hormuz.
By Leika KiharaJapanese Prime Minister Sanae Takaichi's administration appointed Ayano Sato, seen as an advocate of loose monetary policy, as central bank board member on Tuesday, adding an important voice to debates over further rate increases.Sato, a 57-year-old former academic, is the second boa…
Japanese Finance Minister Satsuki Katayama reiterated on Tuesday that authorities stood ready to respond to currency moves, keeping the rhetoric unchanged despite the yen's slide to a four-decade low.The yen FX_IDC:USDJPY accelerated its decline to hit 162.41 in Tuesday morning trade after breachin…
Chinhung International Inc KRX:002780:
The Philippines posted a trade deficit (PHTBAL=ECI) of $5.48 billion in May, preliminary official data showed on Tuesday.Imports (PHIMP=ECI) rose by 21.9% in May from a year earlier to $13.3 billion, while exports (PHEXP=ECI) increased by 7.6% to $7.9 billion, the Philippine Statistics Authority sa…
New Zealand business confidence jumped in June as firms appear more optimistic about the future and more willing to invest and hire workers despite global uncertainties, an ANZ Bank survey showed on Tuesday.A net 36.6% of respondents expected the economy to improve over the year ahead, up from 10.0…
Australian shares traded flat on the last day of the financial year on Tuesday, with banks offsetting losses in mining stocks hurt by weaker gold and copper prices, while investors kept an eye out for minutes from the central bank's June policy meeting.The S&P/ASX 200 index ASX:XJO was flat at 8,82…
By Ankur BanerjeeThe yen was pinned at levels not seen since 1986 on Tuesday, stoking worries that a direct intervention from Tokyo was around the corner, while the dollar backed away from 13-month highs ahead of jobs data that could influence the U.S. rate outlook.The yen FX_IDC:USDJPY weakened to…
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Collins Foods ASX:CKF, operator of KFC restaurants in Australia, reported a decline in same-store sales (SSS) in its European operations in the early part of fiscal 2027 on Tuesday, due to a heatwave that disrupted consumer sentiment, reversing early gains in its shares.The company attributed the s…
The Japanese government is always ready to take "appropriate action" if necessary regarding foreign exchange, Chief Cabinet Secretary Minoru Kihara said on Tuesday.Speaking at a regularly scheduled press conference, Kihara added he would not comment on current foreign exchange levels.
Australia's prudential regulator said on Tuesday its first system-wide risk-stress test found close links between the country's banks and superannuation funds, highlighting potential vulnerabilities across the financial system.Here are some details:
By Rocky SwiftJapan's Nikkei share average climbed on Tuesday, powered by a rebound in technology stocks that have helped drive the gauge's record quarterly gains.The benchmark Nikkei 225 TVC:NI225 advanced 1.36% to 70,416.02 in early trading. The index is poised for a 36% gain in the past three mo…
The Bank of Japan said its new board member, Ayano Sato, will hold a news conference at 5:00 p.m. (0800) GMT on Tuesday.Sato is the second board member to be appointed by Prime Minister Sanae Takaichi. Sato's debut policy meeting will be on July 30-31.
Dongsung Finetec Co Ltd KRX:033500:
Dongsung Finetec Co Ltd KRX:033500:
Australia's KFC operator Collins Foods ASX:CKF reported a sharp increase in annual profit on Tuesday, supported by new product launches and operational execution, sending its shares to a three-month high.The company posted a net profit attributable of A$44.2 million ($30.43 million) for the full ye…
