Philips Q1 Loss Widens, Backs FY24 View, Settles Respironics Litigation; Stock Surges

Shares of Philips Electronics NV surged around 47 percent in the morning trading in Amsterdam as well as around 44 percent in the pre-market activity on the NYSE after the Dutch consumer electronics giant announced

JinkoSolar Q1 Profit Declines - Update

JinkoSolar Holding Co., Ltd. (JKS) reported Monday that net income attributable to the company's ordinary shareholders for the first quarter declined to RMB609.40 million or US$84.40 million from RMB788.65 million in the

HNI Corp. Q1 Results Top Estimates

HNI Corp. (HNI) reported Monday that net income attributable to the company for the first quarter surged to $17.7 million or $0.37 per share from $1.6 million or $0.04 per share in the year-ago quarter.

European Stocks Close On Strong Note As Investors Cheer Earnings Updates

European stocks closed on a firm note on Friday with investors cheering a slew of strong earnings updates from U.S. big names Alphabet and Microsoft, and a few European companies, and shrugging of interest rate concerns

Swiss Market Ends On Firm Note On Positive Global Cues

The Switzerland market ended on a firm note on Friday, tracking positive global cues after U.S. technology majors Microsoft and Alphabet reported strong quarterly earnings.

U.S. Dollar Higher Following Strong PCE Inflation Data

The U.S. dollar moved up against its major counterparts in the New York session on Friday, as the Federal Reserve's preferred measure of inflation, the personal consumption expenditures price index, exceeded expectations

Canadian Market Modestly Higher In Cautious Trade

The Canadian market is up in positive territory Friday afternoon, and looks set to end the day's session modestly higher thanks to sustained buying in materials, healthcare and consumer staples sectors.

Dollar Rises Against Major Counterparts After Hot Inflation Data

The U.S. dollar gained against its major counterparts on Friday, lifted by data showing a larger than expected increase in the nation's annual rate of consumer price growth.

Canadian Market Ends Modestly Higher

The Canadian market ended modestly higher on Friday, led by gains in materials stocks as gold prices advanced on safe-haven buying. Stocks from the rest of the sectors turned in a mixed performance.

Singapore Unemployment Data Due On Monday

Singapore will on Monday release Q1 figures for unemployment, highlighting a light day for Asia-Pacific economic activity. In the three months prior, the jobless rate was 2.0 percent.