728 x 90



All Posts

  • Asian Stocks Muted Amid Fed Fears, China Buoyed By Stimulus Hopes

    Asian Stocks Muted Amid Fed Fears, China Buoyed By Stimulus Hopes0

    Most Asian stocks kept to a tight range on Monday as markets awaited more cues on monetary policy from a slew of Federal Reserve events this week, while Chinese stocks rose sharply on the prospect of more stimulus spending by the government. China’s Shanghai Shenzhen CSI 300 and Shanghai Composite indexes rose around 1% each

    READ MORE
  • Palantir Posts First Quarterly Profit Following New Contract Wins

    Palantir Posts First Quarterly Profit Following New Contract Wins0

    Palantir (NYSE:PLTR) reported its first-ever quarterly profit, as well as a top- and bottom-line beat in the final three months of 2022, as a ramp-up in customers bolstered performance. On a GAAP basis, the U.S.-based data analytics company posted net income of $31 million in the quarter up to the end of December, translating to

    READ MORE
  • Toshiba Cuts Full-Year Profit Estimate, COO Resigns

    Toshiba Cuts Full-Year Profit Estimate, COO Resigns0

    Japan’s Toshiba (OTC:TOSYY) Corp on Tuesday reported an 87.5% drop in third-quarter operating profit and cut its full-year earnings estimate for a second time. It also said Chief Operating Officer Goro Yanase had resigned over the inappropriate use of entertainment expenses in 2019 when he was an executive at Toshiba Energy Systems and Solutions Corp.

    READ MORE