ADB slightly raises 2024 growth forecast for developing Asia
The Asian Development Bank (ADB) slightly raised its growth forecast for developing Asia this year due to stronger domestic demand and export growth, but said downside risks from a
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The Asian Development Bank (ADB) slightly raised its growth forecast for developing Asia this year due to stronger domestic demand and export growth, but said downside risks from a
Mexican telecommunications giant America Movil fell short of analyst projections and swung to a net loss in the second quarter in results posted Tuesday, citing the depreciation
Brazil's central bank has all options on the table regarding future interest rate decisions, monetary policy director Gabriel Galipolo said on Tuesday.
Spirit Airlines on Tuesday cut its revenue outlook for the second quarter, citing lower-than-expected non-ticket revenue, sending its shares down more than 6% in extended trading.
Shares of Warner Bros Discovery rose more than 6% on Tuesday after Bank of America (BofA) Global Research said the company could create more value for its shareholders if it explored
Canada's economy appears to have achieved a soft landing, the IMF said on Tuesday, essentially referring to a scenario where interest rates are high enough to bring inflation down
U.S. banks have reaped a windfall from higher interest payments on loans, but commentary from some top executives suggests they could face an uncertain path ahead.
Argentina's dollar-denominated bonds resumed their weekly fall on Tuesday with all restructured issues down over 1 cent in price, as investor concern lingers over the government's decision
Romania cannot afford to raise taxes in 2025 and should focus on curbing tax evasion to rein in its budget deficit, Prime Minister Marcel Ciolacu told small business owners on
Mining group Rio Tinto welcomed on Tuesday the Serbian government's reinstatement of its licence to develop Europe's biggest lithium mine, in a potential boost to the
U.S. business inventories increased slightly more than expected in May amid solid rises in stocks at wholesalers and retailers, a trend that could see inventory investment
The International Monetary Fund does not see any current market pressure U.S.
The International Monetary Fund on Tuesday raised India's growth forecast for 2024-25 to 7% from 6.8% on the back of improving private consumption, particularly in rural India.
Equity traders rode high in the second quarter, propelling earnings across Wall Street giants.
The International Monetary Fund on Tuesday revised downwards Saudi Arabia's economic growth by nearly one percentage point, mainly due to oil production cuts.
Charles Schwab's second-quarter profit fell 2% as the brokerage paid out more interest on client deposits and its own borrowings, sending its shares down 7.1% on Tuesday.
Insurer Progressive Corp posted a more than fourfold jump in its second-quarter profit on Tuesday, driven by strong demand for its personal auto insurance policies, sending its shares up
State Street on Tuesday reported a rise in client assets under management which helped the custodian bank rake in more fees from the service, sending its shares up 0.8% in premarket
Walmart's workers union in Chile has called off a strike, it said on Monday evening, with its current labor agreement with the company extended another 18 months.
PNC Financial reported an increase in second-quarter profit on Tuesday as higher fees from underwriting and advising on deals helped the bank offset a decline in interest income.
Morgan Stanley's second-quarter profit beat expectations on Tuesday, driven by a surge in investment banking and trading revenues that overcame muted
Cold storage real estate investment trust Lineage said on Tuesday it was aiming for a valuation of up to $19.16 billion in its U.S. initial public offering, in what
German investor morale deteriorated more than expected in July, registering its first fall in a year and suggesting the recovery in the euro zone's largest economy
Euro zone households are applying for loans in growing numbers for the first time in two years as they grow more optimistic about the economy and interest rates fall, a European
Thailand's cabinet on Tuesday approved a 100 billion-baht ($2.8 billion) soft loan scheme where funds would be lent to commercial banks so they could on-lend to borrowers at below-