Global Stock Market

Glencore has announced a £5.8bn ($7.1bn) payout to shareholders after posting “record profits” in its full-year 2022 results, powered by its coal and trading divisions. Revenue for the Swiss-based mining multinational came in at $255.9bn in 2022, a surge of 26% from the previous year. The miner will now hand …

The Nikkei fell on Wednesday, tracking lower US stock futures as investors digested hawkish rhetoric from the Federal Reserve (Central Bank of America) after the US inflation report. A jump in US bond yields overnight contributed to the rise in Japanese bank stocks, but hurt real estate stocks. The Nikkei …

Wall Street is slumping Tuesday after CPI report suggested inflation may not be slowing as quickly and as smoothly as hoped. The S&P 500 was 1% lower in midday trading, while yields shot higher in the bond market as investors braced for the Federal Reserve get firmer on interest rates …

The Japanese government said it has appointed academic Kazuo Ueda as the next central bank governor, in a surprise choice that could boost chances of ending its unpopular yield control policy. Ueda, 71, a former board member of the Bank of Japan, will succeed Haruhiko Kuroda, whose second five-year term …

SolarEdge Technologies Inc reported fourth quarter EPS of $2.86, $1.32 better than the analyst estimate of $1.54. Revenue for the quarter came in at $890.7M versus the consensus estimate of $878.94M. Fourth Quarter 2022 Highlights Record revenues of $890.7 millionRecord revenues from solar segment of $837.0 millionGAAP gross margin of …

Japan’s Nikkei rose on Tuesday after Wall Street’s rally overnight, as investors take positions ahead of key US inflation data later in the day that could determine the direction of the Federal Reserve’s monetary policy. The Japanese government nominated Kazuo Ueda for the post of Governor of the Bank of …

Russia’s seaborne oil product exports fell about 10 percent between February 1 and 12 compared to the same period in January, traders said, as a result of EU sanctions, a lack of available tankers and storm closures of ports, the Refinitiv data showed. The European Union imposed a price ceiling …

Ukraine’s Ministry of Agriculture data showed on Monday that Ukraine’s grain exports in the 2022/23 season, which continues until June, fell by 28.7 percent to 29.2 million tons so far, due to a poor harvest and logistical difficulties caused by the Russian invasion. The exports included about 10.4 million tons …

The Japanese Nikkei index closed lower on Monday, as heavyweight technology stocks tracked the decline in the US Nasdaq index in the last session, while investor sentiment was affected by some companies announcing bleak earnings forecasts. The Nikkei index fell 0.88 percent to close at 27,427.32 points, after falling to …

The S&P 500 wavered between gains and losses on Friday as Wall Street looked to the end of what is shaping up to be a losing week. The broad index was little changed, while the Nasdaq Composite slipped about 0.8%. The Dow Jones Industrial Average added 135 points, or 0.4%.Each …