Actualités Forex

Hong Kong Inflation Rises To 2%

Hong Kong Inflation Rises To 2%

Hong Kong's consumer price inflation increased at the end of the year amid rising vegetable and energy prices, data released by the Census and Statistics Department showed on Friday. The consumer price index, or CPI, climbed 2.0 percent year-over-year in December, slower than the 1.8 percent stable rate of rise in November. Economists had forecast inflation to climb slightly to 1.9 percent.
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Bay Street Seen Opening Higher

Bay Street Seen Opening Higher

Canadian shares are likely to open on a positive note Friday morning, tracking higher crude oil and bullion prices, and fairly steady European markets.
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Malaysia Inflation Lowest In 6 Months Amid Slowing Food Prices

Malaysia Inflation Lowest In 6 Months Amid Slowing Food Prices

Malaysia's consumer price inflation eased slightly at the end of the year to the lowest level in six months, primarily driven by a moderation in food prices, data from the Department of Statistics showed on Friday. The consumer price index, or CPI, climbed 3.8 percent year-on-year in December, following November's 4.0 percent increase. Prices have been rising since February last year.
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Evercore Promotes Tim LaLonde To Succeed Celeste Mellet As CFO

Evercore Promotes Tim LaLonde To Succeed Celeste Mellet As CFO

Investment banking advisory firm Evercore Partners Inc. (EVR) announced Friday that it has named Tim LaLonde as its Chief Financial Officer, effective March 6, 2023. LaLonde joined the firm in 2001 and currently serves as Co-Head of the U.S. Advisory business and holds several other global senior leadership roles around the firm.
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Google's Alphabet To Lay Off About 12,000 Employees

Google's Alphabet To Lay Off About 12,000 Employees

Alphabet Inc., the parent company of search giant Google, has joined other tech majors in the lay off process, by announcing plans to cut about 12,000 jobs. This represents more than 6% of its global workforce. The roles being eliminated cut across Alphabet, product areas, functions, levels and regions.
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Regions Financial Q4 Profit Rises 60%, Tops Estimates

Regions Financial Q4 Profit Rises 60%, Tops Estimates

Regions Financial Corp. (RF) on Friday reported fourth-quarter net income available to common shareholders increased to $660 million or $0.70 per share from $414 million or $0.43 per share in the year-ago quarter.
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Pound Declines As UK Retail Sales Drop Unexpectedly

Pound Declines As UK Retail Sales Drop Unexpectedly

The pound fell against its major counterparts in early European deals on Friday, as the nation's retail sales declined unexpectedly in December, raising concerns about the economic outlook.
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CAC 40 Rebounds After Thursday's Selloff

CAC 40 Rebounds After Thursday's Selloff

French stocks were moving higher on Friday as investors pinned hopes for demand recovery in the world's second-biggest economy on eve of upcoming Lunar New Year holiday.
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