Bunge Q4 Adj. EPS Tops Estimates; Guides FY24 Below Estimates

Bunge To Sell 50% Stake In BP Bunge Bioenergia JV In Brazil To BP

Bunge Global SA (BG) on Thursday entered into definitive agreements to sell its 50% share in BP Bunge Bioenergia to British energy major BP plc (BP.L, BP_UN.TO, BP), its joint venture partner.

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Bunge Q4 Adj. EPS Tops Estimates; Guides FY23 Below Estimates

Bunge Ltd. (BG) reported Wednesday that net income attributable to the company for the fourth quarter increased to $336 million or $2.21 per share from $231 million or $1.52 per share in the prior-year quarter.

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Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Wednesday, following the mixed cues from Wall Street overnight, as traders remain cautious amid raising fears of a brewing global trade war and its impact on inflation. They also reacted to US Fed Chair Jerome Powell's cautious remarks on interest-rate cuts and awaited the release of U.S. CPI data for additional clues on future monetary policy.

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Australian Market Turns To Green In Mid-market

The Australian stock market turns to green in mid-market trading on Wednesday after opening in the red, extending the gains in the previous session, with the benchmark S&P/ASX 200 moving above the 8,500 level, following the mixed cues from Wall Street overnight, with gains in energy and financial stocks partially offset by weakness in mining and technology stocks.

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Sensex, Nifty Set For Muted Open

Indian shares look set to open on a positive note Wednesday, though volatility cannot be ruled out in the wake of lingering concerns over ongoing foreign fund outflows, signs of slowing corporate earnings growth and geopolitical tensions involving Israel and Hamas.

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Indonesia Stock Market May End Losing Streak

The Indonesia stock market has finished lower in five straight sessions, slumping more than 540 points or 7.9 percent in that span. The Jakarta Composite Index now sits just above the 6,530-point plateau and it's overdue for support on Wednesday.

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Japanese Market Modestly Higher

The Japanese stock market is modestly higher in post-holiday trading on Wednesday, adding to the gains in the previous two sessions, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving well above the 38,800 level, with gains index heavyweights, exporter and technology stocks partially offset by weakness in automakers and financial stocks.

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Mild Upside Seen For Hong Kong Stock Market

The Hong Kong stock market on Tuesday ended the three-day winning streak in which it had rallied more than 820 points or 3.9 percent. The Hang Seng Index now rests just beneath the 21,300-point plateau and it's looking at a steady start for Wednesday's trade.

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EURUSD	1.03617	GBPUSD	1.24477	AUDUSD	0.62999
USDJPY	153.674	USDCAD	1.429	USDCHF	0.91328