ZJLD Group Inc. is a leading baijiu group in China devoted to offering baijiu products, including sauce-aroma, mixed-aroma, and strong-aroma, with sauce-aroma being its core. In terms of revenue in 2022,
The latest Market Talks covering Financial Services. Exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.0924 ET – The carbon-credit markets need to integrate businesses’ impact on water and biodiversity,
3M Company MMM reported better-than-expected fourth-quarter 2024 results and initiated 2025 guidance.
US markets closed higher on Friday with strong weekly gains. Economic data showed industrial production and housing starts exceeded expectations.
- European equity markets opened flat to mixed, reflecting traders read on US Pres Trump's inauguration and policy announcements. Broader market sentiment oscillated between initial relief from his speech, lacking immediate aggressive tariff impositions, to concern over his later comments about potential tariffs.
The U.S. dollar surged against neighboring currencies after President Trump said he plans to place 25% tariffs on imports from Canada and Mexico on Feb. 1, but there was some relief in Asian markets as investors adjusted to the new administration’s policy priorities.
The Saudi Public Investment Fund has stumped up $200mn as a seed investor in SSGA’s Europe-listed Saudi bond fund
IG says futures indicate the FTSE 100 to open down 18.3 points, 0.2%, at 8,486.92 on Monday. The index of London large-caps closed 1.4% higher at 8,505.22 on Friday. Sterling was quoted at USD1.2210 early Monday, higher than USD1.2189 at the London equities close on Friday.
The future of developer China Vanke and its $45 billion in debt were in focus on Friday after media reports alleged its CEO had been temporarily detained, deepening concerns about China's embattled property sector.
In Europe, the Stoxx Europe 600 climbed 0.4% in morning trading. Avolta added 8.5% and Oersted rose 4%. On the other hand, Evolution Gaming Group slipped 3.1%, and Allegro.eu fell 2.1%. The FTSE 100 added 0.8%. Other stocks in Europe were up as France's CAC 40 gained 0.6% and Germany's DAX rose 0.3%.
U.S. stock indexes are drifting following a mixed set of earnings reports from Morgan Stanley, UnitedHealth Group and other big companies. The S&P 500 was up 0.1% in early trading
Taylor Wimpey was the FTSE 100's biggest loser, down 3.6%. The housebuilder noted that 2024 UK completions totalled 9,972, down on-year from 10,356. The average UK private home price decreased to GBP356,000 from GBP370,000.