Aerospace major Boeing Co. (BA) reported on Wednesday a net loss for the first quarter that narrowed from last year, reflecting a 14 percent revenue growth amid higher commercial delivery volumes, improved operational performance, and favorable order timing.
Snack and beverage giant PepsiCo, Inc. (PEP) on Thursday reported that net income for the first quarter increased from last year, reflecting improved operating margins and revenue growth across all its operating segments. The performance was boosted by resilience of the International business and continued progress in North America.
GE Aerospace (GE) reported Tuesday a strong first-quarter performance with orders growing 87 percent and revenue rising 29 percent supporting double-digit growth in earnings. The company said its young and diverse fleet coupled with a $170 billion commercial services backlog positions it well to navigate the current operating environment. The company also maintained its fiscal 2026 outlook.
South Korea will on Thursday release preliminary Q1 figures for gross domestic product, highlighting a busy day for Asia-Pacific economic activity. GDP is expected to rise 0.9 percent on quarter and 2.7 percent on year after slipping 0.2 percent on quarter and expanding 1.6 percent on year in the three...
Japan posted a merchandise trade surplus of 666.977 billion yen in March, the Ministry of Finance said on Wednesday. That was well shy of forecasts for 1.106 trillion yen following the 44.3 billion yen surplus in February. Exports were up 11.7 percent on year at 11.003 trillion yen, exceeding expectations...
Producer prices in South Korea were up 1.6 percent on month in March, the Bank of Korea said on Wednesday - accelerating sharply from 0.6 percent in February. Individually, prices for agricultural, forestry and marine products tumbled 3.3 percent on month, while manufacturing products spiked 3.5 percent,...
The Department of War has released President Donald Trump's massive Defense Budget, which proposes to raise total defense-related spending to $1.5 trillion for Fiscal Year 2027. The largest request in the post-WWII era, the budget aims to strengthen U.S. military readiness against threats from Iran, China and Russia. The Defense Budget for FY27 marks a 42 percent increase over current funding l
As the 10-day ceasefire set to expire on Wednesday, Iran has warned that it is preparing "new cards on the battlefield" if the Middle East war resumes. "In the past two weeks, we have been preparing to show new cards on the battlefield," in the last two weeks and would "not accept negotiations under the shadow of threats," Iran's parliamentary speaker Mohammad Bagher Ghalibaf wrote on X.While U
UN independent human rights experts have called for justice and accountability for young women and girls who were trafficked systematically as part of allegations contained in the so-called Epstein files. The Human Rights Council-appointed experts also issued a general warning over the "continuing violence of patriarchal power systems" revealed in the files, which the US Department of Justice beg
The South Korea stock market has moved higher in three straight sessions, surging almost 230 points or 3.5 percent on its way to a fresh record closing high. The KOSPI now sits just beneath the 6,420-point plateau and it has another firm lead for Thursday's trade. The global forecast for the Asian...
Stocks showed a strong move to the upside during trading on Wednesday, more than offsetting the pullback seen over the two previous sessions. With the upward move, the Nasdaq and the S&P 500 reached new record closing highs.
European stocks closed weak on Wednesday with investors digesting corporate earnings updates in addition to assessing the prospects of a fresh round of U.S.-Iran peace talks. U.S. President Donald Trump extended the ceasefire, but Iran dismissed his ceasefire extension as "meaningless." Iran said the Strait of Hormuz will remain closed until the U.S. blockade is lifted.
The U.S. government has imposed sanctions on eight individuals and four entities that operate multiple procurement networks supporting Iran's UAV and ballistic missile programs. The Department of the Treasury's Office of Foreign Assets Control (OFAC) is also targeting Mahan Air, which has previously...
Iran is reportedly seized two cargo ships in the Strait of Hormuz, meanwhile President Donald Trump said he was extending the U.S.-Iran ceasefire. Early signs from the U.S. Futures Index suggest that Wall Street might open higher on Wednesday. In the Asian trading session, gold traded higher....
The head of the UN a task force to facilitate the safe passage of fertilizers and related raw materials via the Strait of Hormuz, warned of a looming food crisis as fertilizer shipped through the vital lifeline is blocked ahead of the planting season. As the Persian Gulf crisis continues, time is ticking for farmers who rely on fertilizer shipped via the strategic trade route - and millions world
President Donald Trump has said the ceasefire with Iran will be extended until bi-lateral talks to end the Middle East war have progressed. In a social media post on Tuesday, Trump said the goodwill gesture is made at the request of Pakistan, that is mediated the first round of talks in its capital. At the same time, Trump said the blockade of Iranian ports will also continue until Tehran presen
Northern Star Resources Limited (NESRF.PK), Wednesday announced operational and financial results for the March 2026 report, with gold sold of 380,807oz at an all-in sustaining cost of A$2,709/oz. Looking ahead, the company expects Group production guidance to be above 1,500koz for full year 2026. The...
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.
The relief rally in crypto markets that followed President Trump extending the ceasefire with Iran has lifted cryptocurrency market capitalization more than 3 percent in the past 24 hours.
While the geopolitical environment has become markedly more complex, especially with sustained U.S. and Israeli strikes and Iranian counterattacks through March, the regulatory landscape is also evolving, with several notable developments and a couple of first-of-their-kind measures emerging. Now let's take a look at the biotech stocks facing FDA decisions in April 2026.
A report released by the Commerce Department on Tuesday showed business inventories in the U.S. increased by more than expected in the month of February. The Commerce Department said business inventories climbed by 0.4 percent in February following a revised unchanged reading in January.
Pending home sales in the U.S. increased by much more than expected in the month of March, according to a report released by the National Association of Realtors on Tuesday. NAR said its pending home sales index jumped by 1.5 percent to 73.7 in March after surging by 2.5 percent to an upwardly revised 72.6 in February.
The Commerce Department released a report on Tuesday showing retail sales in the U.S. surged by more than expected in the month of March. The report said retail sales shot up by 1.7 percent in March after climbing by an upwardly revised 0.7 percent in February.
Malaysia's economy logged a softer growth in the first quarter, driven by weaker performance in key sectors, advance estimate from the Department of Statistics showed Friday. Gross domestic product logged an annual growth of 5.3 percent in the first quarter, which was slower than the 6.3 percent rise seen in the preceding quarter.
The U.S. Government has reported tremendous progress in reducing mother-to-child transmission of HIV, and in combating the epidemic as a whole across the world. The U.S. Department of State has released PEPFAR program data covering the period of July 1, 2025, to September 31, 2025. U.S. Government-supported...
A large study looked at ancient DNA from about 16,000 people who lived over the past 10,000 years in West Eurasia, and found that natural selection has influenced human genes much more than scientists once believed. By comparing DNA from ancient remains and over 6,000 people today, researchers found...
Health officials in San Francisco have confirmed the city's first case of a type of mpox called clade I, which is predicted to cause more serious illness than the type seen in the 2022 outbreak. The infected person is an unvaccinated adult who was hospitalized but is now getting better. Officials...
Exercising at a time that matches your body clock may help lower the risk of heart disease, especially in people who are already at risk, according to a recent study published in the open-access journal Open Heart. Researchers studied 150 people aged 40 to 60. They identified whether each person was...
Amazon is stepping up its game in the booming weight-loss market by rolling out a new GLP-1 management program through Amazon One Medical. With the goal to make it easier for people to access obesity treatments and weave them into regular healthcare routines.
The UK government is planning to enforce a new legal rule that limits smartphone use in schools throughout England. This move aims to strengthen classroom discipline policies significantly.
Microsoft announced that it is cutting the subscription prices for its Xbox Game Pass services, aiming to reconnect with gamers after recent changes in its gaming leadership.