Generali Posts Profit Beat on Premiums Growth
Generali was expected to post a net profit of 2.80 billion euros, operating profit of 5.15 billion euros and gross written premiums of 70.26 billion euros, according to a company-compiled consensus.
Singapore Private Home Sales Surge to Near One-Year High
Singapore home sales surged to a nearly one year-high in October as falling interest rates continued boosting market sentiment. Private homes sales, excluding executive condominiums, jumped 84% in ...
Hyundai Motor Appoints First Foreign CEO as It Pushes Into North America — Update
Hyundai Motor appointed Jose Munoz as its new president and chief executive, making him the South Korean auto giant's first foreign leader as it seeks to expand into the U.S. Munoz, who heads Hyundai ...
Cathay Pacific Shares Rise on Plans to Repurchase $866 Million Worth of Bonds
Cathay Pacific Airways shares jumped after it said it plans to repurchase about US$866.20 million worth of convertible bonds, signaling positive shareholder returns.
EMEA Morning Briefing: Investors Parse Powell's Caution
"Now investors are looking back and analyzing what the actual impact of the election is, and they make their time to redo their portfolios and calls with the right sectors and international ...
Nissan Motor Becomes Activist Investor Effissimo's Next Prestigious Japanese Target
Shares in Nissan Motor soared on news of the stake, rising more than 20% at one point on Tuesday. They rose again on Friday when Japanese magazine Diamond reported that another activist investor, ...
NetEase Shares Soar on Strong Game Revenue Prospects Despite Earnings Miss
Shares of the Chinese videogame giant were 13% higher by midday Friday, on track for their biggest one-day percentage gain in more than two years. The stock remains about 3.6% lower this year. NetEase ...
Geely Shares Fall Sharply on Zeekr's Plans to Take Majority Stake in Lynk & Co
Geely Automobile's Hong Kong-listed shares fell sharply after it disclosed subsidiary Zeekr plans to take control of Lynk & Co, raising investor concerns over the impact of the deal. Shares of Geely ...
Palantir's stock is moving to the Nasdaq. Why investors are cheering the move.
The stock is having a banner year, up 245% over the course of 2024. That move ranks Palantir second in the S&P 500 SPX on a year-to-date basis, behind only Vistra Corp. (VST), which has seen its stock ...
Chinese Economy Still Struggling to Regain Momentum — Update
Official data showed that industrial production rose 5.3% in October from a year earlier, down from September's 5.4% year-over-year increase, the National Bureau of Statistics said Friday. The result ...
Home Prices in Major Chinese Cities Show Slight Improvement — Update
Average new home prices in 70 Chinese cities dropped 0.51% in month-over-month terms in October, compared with a 0.71% fall recorded in September, according to calculations by The Wall Street Journal ...