Deutsche Telekom reported better-than-expected-fourth-quarter earnings on Thursday, citing customer growth in Germany and strong performance from T-Mobile US (NASDAQ:TMUS), and forecast a slight rise in profits this year. Adjusted earnings before interest, tax, depreciation and amortisation after leases (EBITDA AL) of 9.96 billion euros ($10.58 billion) for the quarter, slightly exceeded consensus estimates of 9.9 […]
Gold prices kept to a tight range on Tuesday after recovering slightly from their weakest level this year, as concerns Read more
Oil prices kept to a tight range on Monday amid persistent concerns over high inflation and rising U.S. interest rates, Read more
Most Asian stock markets sank on Wednesday tracking overnight losses on Wall Street, with technology-heavy indexes losing the most as Read more
Australia's central bank on Friday revised up its forecasts for core inflation and wages growth and warned of further increases Read more
Most Asian currencies rose on Thursday, recovering a measure of recent losses as the dollar saw some profit taking, with the won appreciating sharply even as the Bank of Korea held interest rates after 18 months of hikes. The South Korean won rose 0.6% and was the best-performing Asian currency for the day, even as […]
The U.S. dollar edged lower in early European trade Wednesday, handing back some of the previous session’s gains as traders Read more
European stock markets are expected to open slightly higher Friday, with investors focusing on a deluge of important economic data, Read more
Most Asian currencies crept higher on Wednesday as markets awaited more cues on U.S. monetary policy from Federal Reserve Chair Read more
Most Asian stocks kept to a tight range on Monday as markets awaited more cues on monetary policy from a Read more
