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Snap beats revenue estimates on ad boost from World Cup, shares surge
Aug 3 : Snap beat second-quarter revenue estimates on Monday, thanks to increased advertising spending during the FIFA World Cup and stronger campaign activity from large advertisers in North America, sending its shares up 13 per cent in extended trading.The social media company is bolstering its appeal by fo
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South Korea July inflation +2.8% y/y, weaker than expected
SEOUL, Aug 4 : South Korea’s consumer inflation weakened to a three-month low in July, coming in below market expectations on a fall in oil prices, government data showed on Tuesday. The consumer price index rose 2.8 per cent in July from a year earlier, after rising 3.2 per cent in June, according to the…
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Oil drops, stocks gain amid Iran peace hopes; yen firms as investors watch for further intervention
NEW YORK/LONDON, Aug 3 : Oil prices dropped and major stock indexes gained on Monday on signs that U.S.-Iran tensions were easing again, while the yen strengthened after the U.S. and Japan confirmed joint intervention to support the currency and investors watched for signs of further intervention. U.S. Presi
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Snap beats revenue estimates on ad boost from World Cup, shares jump
Aug 3 : Snap beat second-quarter revenue estimates on Monday, thanks to increased advertising spending during the FIFA World Cup and stronger campaign activity from large advertisers in North America, sending its shares up 9 per cent in extended trading.The social media firm’s focus on direct response ads, de
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Snap beats revenue estimates on ad boost from World Cup
Aug 3 : Snap beat Wall Street estimate for second-quarter revenue on Monday, thanks to increased advertising spending during the FIFA World Cup and stronger campaign activity from large advertisers in North America.The social media company’s shares jumped 9 per cent in extended trading.Snap’s focus on
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Oil prices drop 7% to three-week low after Trump cancels attack on Iran
NEW YORK, Aug 3 : Oil prices fell about 7 per cent to a three-week low on Monday after U.S. President Donald Trump held off on a fresh attack on Iran in the hope of sealing a quick deal that could boost oil supplies from the Gulf.Front-month Brent futures fell $6.35, or 7.0 per cent,…
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Oil falls, stocks gain amid Iran peace hopes; yen firms after intervention
NEW YORK/LONDON, Aug 3 : Oil prices dropped and major stock indexes gained on Monday on signs that U.S.-Iran tensions were easing again, while the yen strengthened against the euro and dollar after the U.S. and Japan confirmed joint intervention to support it.Oil prices fell sharply after U.S. President Don
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Yen climbs for third straight session, euro/dollar awaits US data
Aug 3 : The yen rose for a third straight session against the euro and the dollar on Monday, keeping traders on alert for further intervention after Tokyo and Washington stepped into the foreign exchange market last week to support Japan’s currency.Meanwhile, oil prices sank after U.S. President Donald Trump
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World Bank maintains 2026 Philippine growth forecast at 3.7%
MANILA, Aug 3 : The World Bank on Monday maintained its 2026 growth forecast for the Philippines at 3.7 per cent and said the economy’s recovery next year was likely to be slower than previously expected. • “Growth is set to decelerate in 2026 on the back of weak investment, constrained consumption and sus
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Yen climbs for third straight session with traders on alert for intervention
Aug 3 : The yen rose for a third straight session on Monday, keeping traders on alert for further intervention after Tokyo and Washington stepped into the foreign exchange market last week to support Japan’s currency.Meanwhile, oil prices sank more than $4 a barrel after U.S. President Donald Trump held back
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