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Siemens AG disappointed investors hoping that it would show a bigger benefit from a surge in data center spending that prompted a second increase in its earnings outlook this year.
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East African Breweries Plc’s annual profit grew at the fastest pace in four years, even as accelerating inflation in its home market Kenya eroded spending power.
Pamela Ambler, Head of APAC Investor Intelligence at JLL, discusses the outlook for commercial real estate industry in Hong Kong and the rest of the Asia Pacific region.
The S&P 500 just added roughly the entire crypto market's value this month. Bitcoin has barely moved, and the reasons go beyond the obvious.
The Euro (EUR) remains practically flat against the US Dollar (USD) at the European session opening times on Thursday, with the EUR/USD pair holding gains at the 1.1550 area after rallying about 1.6%…
The USD/CAD pair USD/CAD holds steady around 1.4015 during the early European trading hours on Thursday. Traders await a possible US-Iran deal, which could give direction to the pair.
"We have seen a record net income for the first half of the year," Commerzbank Chief Executive Officer Bettina Orlopp says, adding that results show the bank is able to deliver "despite all…