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
How much of a price jump is harder to predict since the safe-passage deal was already set to expire in mid-November if no agreement is reached to extend it Traders are bracing for a fresh spike in grain prices after Russia’s exit from a deal allowing Ukraine crops to move from the Black Sea to […]
China’s dash for herd immunity from COVID-19 may not be the miracle cure for its economic ills that markets seem Read more
A major fire broke out at Chile's Ventanas port near a refinery and smelter belonging to state-run miner Codelco, but Read more
Most Asian currencies moved little on Monday as fears of a potential recession and rising COVID-19 cases in China weighed Read more
Japan's foreign reserves extended declines in October, following the previous month's record drop, the Ministry of Finance said on Tuesday, Read more
