CarMax beats profit estimates powered by cost-cuts; shares jump
CarMax Inc on Friday posted a better-than-expected adjusted profit for the first quarter, benefiting from a series of
2023-06-23 20:00
BofA Says Investors Are Fleeing Tech Stocks After ‘Baby Bubble’
There are early signs of investors fleeing from tech stocks after 1999-like rally formed a “baby bubble,” according
2023-06-23 19:53
Exclusive-Newmont declares force majeure on zinc deliveries from Mexico's Peñasquito
LONDON Newmont has declared force majeure on deliveries of some metal products from its Peñasquito mine in Mexico,
2023-06-23 16:46
UK Retail Sales Rise Unexpectedly to Underline Resilient Economy
UK retail sales rose unexpectedly in May, indicating strength in the economy that the Bank of England fears
2023-06-23 14:20
UK shoppers boost spending again despite inflation's squeeze
LONDON British retail sales unexpectedly rose in May from April, suggesting most consumers were coping with high inflation's
2023-06-23 14:16
Turkey's lira hits fresh record lows after rate hike
ISTANBUL The Turkish lira weakened as much as 2.8% to a fresh record low early on Friday, extending
2023-06-23 13:29
Singapore May core inflation rises 4.7% y/y, matches forecast
SINGAPORE Singapore's key consumer price gauge rose 4.7% year-on-year in May, official data showed on Friday. The May
2023-06-23 13:17
Koreas Speed Up Drone Race After Unprecedented Incursions
As the two Koreas near the anniversary of the start of their conflict in 1950, both sides are
2023-06-23 13:16
US retailers' members-only programs under scrutiny with Amazon lawsuit
By Arriana McLymore and Katherine Masters NEW YORK Amazon.com Inc isn't the only U.S. retailer accused of using
2023-06-23 12:23
South Korea’s $1.9 Trillion Stock Market Has to Wait Longer to Enter MSCI’s Big Leagues
Global index provider MSCI Inc. decided to retain South Korea on its list of emerging markets following an
2023-06-23 10:47
Dollar rises as hawkish central banks dent risk sentiment, sterling slips
By Rae Wee SINGAPORE The dollar drew support from a bout of risk aversion on Friday as hawkish
2023-06-23 09:56
Kenya-EU trade deal: Why the East African Community was left out
Kenya felt it was best to sign a bilateral trade deal, despite claims that it undermined regional unity.
2023-06-23 09:51