BlueScope FY profit jumps over 100% on U.S., Asia strength
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On an annualized basis, Japan saw growth of 1.1%, against estimates of 2%.
Key PointsThe Rule of 40 combines revenue growth and operating margin to assess a software company.
In the June quarter, Indian companies celebrated remarkable revenue growth, reaching a nine-quarter high. Despite this, profits grew by only eleven percent, largely due to rising input costs.
Gold price (XAU/USD) gains momentum to around $4,395 during the early Asian trading hours on Monday. The precious metal extends the rally as cooling US inflation data has dampened expectations for the…