Tag: per
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Stocks and oil prices rise with eyes on Iran; yen touches 40-year low vs dollar
LONDON/NEW YORK, June 29 : A global gauge of stock markets rose on Monday as investors tracked the implementation of an interim peace deal between Iran and the U.S., even as oil prices rose after tit-for-tat attacks underscored the risk of escalation. European equities ended flat but Wall Street led gains w
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Stocks and oil prices edge up with eyes on Iran; yen touches 40-year low vs dollar
LONDON/NEW YORK, June 29 : A global gauge of stock markets rose on Monday as investors tracked the implementation of an interim peace deal between Iran and the U.S., even as oil prices rose after tit-for-tat attacks underscored the risk of escalation. European equities edged lower, but Wall Street led gains
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Dollar slips, yen tumbles to 40-year low
NEW YORK, June 29 : The dollar edged lower on Monday but remained near a 13-month high, supported by optimism over U.S. economic growth, the prospect of Federal Reserve interest rate hikes, and a continuing AI-driven boom in U.S. equity markets that has been drawing in capital at a rapid pace.The Japanese yen
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NBCUniversal to be split from Comcast in latest media shakeup
June 29 : Comcast will split into two publicly traded companies through a spinoff of NBCUniversal and Sky, separating its cash-generating broadband arm from a media and entertainment business under pressure from streaming rivals and industry consolidation.Shares of the company rose nearly 8 per cent on Monday
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Dollar set for best month in nearly a year as bulls grow confident
LONDON, June 29 : The dollar was headed for its biggest monthly gain in nearly a year on Monday, supported by the growing chances of rate rises and optimism about the U.S. economy, as investors watched developments in the Gulf ahead of a key jobs report later this week.The U.S. and Iran traded fresh attacks…
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Prosus profit jumps 84% as deal spree sets stage for European push
June 29 : Dutch digital services operator Prosus reported an 84 per cent leap in full-year adjusted core profit on Monday as it looks to expand its successful Latin American business model across Europe following a run of aggressive dealmaking.Prosus deployed some $8.5 billion for acquisitions over the past y
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Prosus core earnings leap 84% as all regions post profit
June 29 : Dutch digital services operator Prosus reported an 84 per cent leap in full-year adjusted core profit on Monday, with its consumer platforms profitable across all regions for the first time.Adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) across its digital services and
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Dollar poised for best month in nearly a year; eyes on Gulf tension, jobs data
HONG KONG, June 29 : The U.S. dollar held firm on Monday, on track for its biggest monthly gain in nearly a year, as Gulf tensions and elevated Treasury yields underpinned demand ahead of key jobs data later in the week. The U.S. and Iran traded fresh barbs over the weekend before they agreed to…
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South Korea exports set to grow at strongest pace in nearly 5 decades: Reuters poll
SEOUL, June 29 : South Korean exports likely posted their strongest annual growth in nearly five decades in June, as semiconductor shipments broke fresh records in the wake of a boom in global AI investment, a Reuters poll showed on Monday. Exports from Asia’s fourth-largest economy, a bellwether for global t
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Dollar poised for best month in nearly a year; eyes on jobs data, Gulf tension
HONG KONG, June 29 : The U.S. dollar was on the defensive on Monday but remained on track for its biggest monthly gain in nearly a year, due to tension in the Gulf and ahead of jobs data that could shape the Federal Reserve’s rate path.The U.S. and Iran traded fresh barbs over the weekend…
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