2024 – Page 37 – Best Day Investing – Investing and Stock News

Japan’s MUFG lifts profit forecasts after Q2 net income nearly doubles

TOKYO (Reuters) – Mitsubishi UFJ (NYSE:MUFG) Financial Group, Japan’s top lender by assets, on Thursday raised its annual net profit forecast to a record 1.75 trillion yen ($11.23 billion) after…

November 14, 2024

Stock

ASML sees growth continuing through 2030 on AI demand

By Toby Sterling and Nathan Vifflin AMSTERDAM (Reuters) -Europe’s largest tech firm, computer chip equipment maker ASML (AS:ASML), said on Thursday it expected sales growth to average 8% to 14%…

November 14, 2024

Stock

Mizuho lifts annual guidance after bumper Q2 as rate hikes boost margins

By Anton Bridge TOKYO (Reuters) -Mizuho Financial Group reported a 62% jump in second-quarter net profit and lifted its annual guidance on Thursday, fuelled by robust lending demand and higher…

November 14, 2024

Stock

Japan stocks lower at close of trade; Nikkei 225 down 0.61%

Investing.com – Japan stocks were lower after the close on Thursday, as losses in the Precision Instruments, Automobiles & Parts and Power sectors led shares lower. At the close in…

November 14, 2024

Stock

Italy brings on board Banco BPM in $1.2 billion Monte dei Paschi stake sale

By Giuseppe Fonte, Valentina Za and Andrea Mandala ROME (Reuters) -Italy on Wednesday raised 1.1 billion euros ($1.16 billion) by selling 15% of bailed-out bank Monte dei Paschi di Siena…

November 14, 2024

Stock

Asia shares stumble; long-end US bond yields rise with dollar

By Rae Wee SINGAPORE (Reuters) -Asian stocks fell broadly on Thursday, while longer-dated U.S. bond yields rose alongside the dollar as investors assessed the monetary policy and inflation outlook in…

November 14, 2024

Economy

BOJ should raise rates to 1% to reverse weak yen, says opposition lawmaker

By Leika Kihara and Takahiko Wada TOKYO (Reuters) – The Bank of Japan should raise interest rates at least to 1% to roll back an “abnormally” huge stimulus that is…

November 14, 2024

Economy

Australia regulator to ramp up focus on protecting consumer savings

(Reuters) – Australia’s corporate watchdog said on Thursday its focus next year will be on protecting consumers bearing the brunt of rising cost-of-living pressures by clamping down on wrongdoing across…

November 14, 2024

Economy

Trump’s Treasury pick: Lutnick now a top contender alongside Bessent, sources say

By Svea Herbst-Bayliss and Alexandra Ulmer (Reuters) – Billionaire banker Howard Lutnick has emerged as a serious contender alongside investor Scott Bessent for the top Treasury job in the new…

November 14, 2024

Economy

Japan planning $87 billion extra budget to fund stimulus package, paper says

TOKYO (Reuters) -The Japanese government is making arrangements to compile a supplementary budget of about 13.5 trillion yen ($87 billion) to fund a stimulus package to help low-income households and…

November 14, 2024