-
Nippon Steel Foresees 43% Drop In Fy 2025 Profits Due To Tariff Troubles
•
On Friday, Nippon Steel Corporation announced that they anticipate their net profit for the fiscal year 2025 will decrease by 42.9% to reach ¥200 billion ($1.38 billion). This outlook stems from increasing uncertainties surrounding the tariffs introduced by the United States. The Japanese steel company, struggling with its plans to purchase U.S. Steel Corp.,…
-
Tokyo Stocks Surge Following U.S.-U.K. Trade Deal
•
Tokyo stock prices surged significantly on Friday following a trade deal between the United States and Britain, which sparked optimism about advancements in negotiations between Washington and other trading nations. The Nikkei Stock Average with 225 issues concluded trading 574.70 points, equivalent to an increase of 1.56%, reaching 37,503.33, surpassing the 37,000 mark for…
-
Morocco’S Casablanca Stock Exchange Set To Launch Derivatives Market For Enhanced Liquidity
•
The Casablanca Stock Exchange (CSE) in Morocco plans to introduce a new derivatives market over the next few weeks, according to its CEO, as an initiative to increase liquidity. Reuters . Tarik Senhaji, who leads CSE, mentioned that this step intends to expand the range of investors involved by permitting stakeholders to adopt both…
-
Vn-Index Breaks 4-Session Gaining Streak
•
Vietnam’s benchmark VN-Index fell 0.2% to 1,267.3 points Friday after rising in the previous four sessions. The index finished 2.5 points down following an increase of 19.4 points in the preceding session. Trading on the Ho Chi Minh Stock Exchange fell 9.42% to VND17.31 trillion (US$661.2 million). The VN-30 basket, comprising the 30 largest…
-
Catl Paves The Way For Mainland Firms To Tap Hong Kong’S Share Sales Market
•
According to exchange data, 30 A-share companies have sought permission to list in Hong Kong this year, which exceeds the 16 applications from last year. Chinese mainland companies are increasingly turning to Hong Kong for fresh equity listings, spurred by favorable valuations, robust liquidity, and supportive regulatory measures. Contemporary Amperex Technology is set to…
-
Casablanca Stock Exchange Ends Session In Red
•
The Casablanca Stock Exchange ended lower on Thursday as its main indicator, the MASI, decreased by 0.09%, closing at 17,595.84 points. The MASI 20, comprising the 20 most traded shares, declined by 0.04% to reach 1,434.7 points. In contrast, the MASI ESG, an indicator for firms with superior ESG scores as evaluated by Moody’s…