Month: August 2023
Trump’s Lead in Iowa Is Less Dominant, Poll Shows
New polling suggests that Gov. Ron DeSantis’s efforts in Iowa have been having an effect, but that the challenge of defeating Mr. Trump there is complicated by multiple factors.
Read MoreWPP Cuts Guidance After Profit Slump
WPP sees like-for-like growth in revenue of 1.5%-3% in 2023, with headline operating profit margin still expected to be around 15%, after it reported a below-forecast profit for the first half hit by a slowdown in U.S. tech spending.
Read MoreNikkei Rises 0.1%, Led by Financial Stocks; U.S. Jobs Data in Focus
Japanese stocks ended higher, led by gains in financial stocks, thanks partly to recent increases in government bond yields.
Read MoreGovernment Bond Yields Seem to Move Only in One Direction
International bond markets aren’t looking good at all, despite the fact that inflation has recently fallen significantly in some cases and growth is weakening, Metzler said.
Read MoreZevulun Mosheashvili, comedy star known for role in ‘Shemesh,’ dies at 52
Georgian-born actor became religious in 1990s, released version of morning prayer ‘Ana b’Koach’ in 2021; co-star says he kept news of illness secret
Read MoreAngloGold Ashanti Earnings Hit by Brazil Writedowns
AngloGold Ashanti reported lower first-half headline earnings of $140 million, in line with its guidance, as it booked impairments in its Brazilian portfolio, and forecast capex this year of up to $1.1 billion.
Read MoreChina’s Central Bank Pledges to Flexibly Use RRR Cuts, Other Policy Tools
The People’s Bank of China will need to flexibly use monetary policy tools to ensure ample liquidity in the country’s banking system, a senior central bank official said.
Read MoreVonovia Keeps Guidance Despite Weaker First Half
Vonovia reported lower revenue and earnings in the first half, and said group funds from operations also fell, but it confirmed its outlook for the year.
Read MoreChina Scraps Tariffs on Australian Barley
China’s Ministry of Commerce said it would scrap tariffs on Australian-imported barley, in the latest sign of improving ties between Beijing and Canberra.
Read MoreCommerzbank Lifts Outlook After Record Interest Income
Commerzbank forecast net interest income of at least €7.8 billion in 2023 after it hit a record in the second quarter, helping push profits higher.
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