Noah Lyles retained his 200 metres title as U.S. sprinters secured their second podium sweep while Shericka Jackson and Shelly-Ann Fraser-Pryce made it a 1-2 finish for Jamaica in the women's event at the World Championships on Thursday.
(RTTNews) - European stocks are seen opening broadly higher on Friday, though tech shares may decline following Snap's warning of the effect of an economic slowdown on internet companies.
The Thai baht extended losses on Friday after the country's central bank said inflation was under control and that future rate hikes would be strictly data-driven, bucking a firmer trend among regional currencies.
Hong Kong dollar rates jumped on Friday, as heavy buying by the central bank in the global financial hub drained liquidity and investors braced for the U.S. Federal Reserve to raise rates sharply next week.
Swedish steel maker SSAB reported a bigger than expected jump in quarterly earnings on Friday on the back of strong steel prices, though it cautioned the market outlook was uncertain amid rising inflation and supply chain strains.
The Korea Feed Association (KFA) has issued an international tender to purchase up to 69,000 tonnes of animal feed corn to be sourced from optional origins, European traders said on Friday.
(RTTNews) - Norwegian energy and aluminum company Norsk Hydro (NHY, NHYDY.PK, NHYDY.PK) reported that its second quarter net income attributable to shareholders climbed to 11.28 billion Norwegian Kroner or 5.49 Kroner per share from 2.59 billion Kroner or 1.26 Kroner per share in
(RTTNews) - Swiss specialty chemical company Sika AG (SXYAY.PK, SKFOF.PK) reported Friday that its first-half net profit after taxes grew 21 percent to 598.8 million Swiss francs from last year's 494.7 million francs.
Finnish IT services provider Tietoevry said on Friday it had started a strategic review of its banking business, which could result in the separation and listing of the unit.
India's central bank has zero tolerance for volatile and bumpy movements in the rupee and will continue to engage with the foreign exchange market to ensure the rupee finds its level, its chief Shaktikanta Das said on Friday.
A new European Central Bank tool to shield indebted states from soaring borrowing costs failed to impress investors on Thursday, with many worried about a lack of detail and conditions that could make it tough for the likes of Italy to use.
The French government took a step forward on a key re-election promise to boost household purchasing power amid soaring inflation as the National Assembly passed a bill on Friday lifting pensions and temporarily freezing rent hikes.
Norwegian aluminium-maker Norsk Hydro said on Friday it would propose an extra dividend and offer share buybacks as it reported upbeat quarterly profits in line with expectations.
(RTTNews) - The Indonesia stock market on Thursday halted the three-day winning streak in which it had surged almost 225 points or 3.3 percent. The Jakarta Composite Index now sits just beneath the 6,865-point plateau although it's expected to open higher again on Friday.
What happened
Shares of Airbnb (NASDAQ: ABNB) rose 14.2% this week, according to data from S&P Global Market Intelligence. An analyst firm raised its price target on the home-sharing platform, and the company also got a boost from broad market gains. In other news, one of th
South Korean shares were set on Friday for their best week in nearly six months, even as markets slipped for the day weighed down by weakness in chipmakers. The won weakened, while the benchmark bond yield fell.
The euro headed for its best week since May on Friday after the European Central Bank (ECB) raised borrowing costs more than expected overnight in its first rate hike since 2011.
Gold prices were flat on Friday, pressured by an uptick in the U.S. dollar and fears over aggressive rate hikes, although heightened slowdown worries kept safe-haven bullion on track for its first weekly gain in six.
South Korea's economic growth probably slowed a bit in the second quarter as falling exports and soaring import costs hurt private consumption that makes up about half of the economy, a Reuters poll found.
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