Nasdaq News

South Africa's Tiger Brands expects half-year headline earnings to fall as much as 36% and hopes to sell its Value Added Meat Products (VAMP) business after March, it said on Wednesday.

Rovio Entertainment, the maker of the 10-year-old "Angry Birds" mobile game series, reported on Wednesday a 96% drop in its quarterly profit year-on-year, burdened by its 5G gaming platform Hatch and increased user acquisition costs.

(RTTNews) - Dutch supermarkets and eCommerce company Ahold Delhaize N.V. (ADRND.PK, AHODF.PK) reported Wednesday that its fourth-quarter net income grew 6.9 percent to 544 million euros from last year's 509 million euros.

The world's largest oil traders are pouring hundreds of millions of dollars into climate-friendly projects - including wind farms, cow manure plants and blue hydrogen - as they seek to match the profits they make from trading oil.

Online trading platform Plus500 Ltd on Wednesday reported a plunge in 2019 profits, but said trading volumes rose with market volatility in the second half.

A drop in the euro/dollar exchange rate to a four-month low raises the prospect of a repricing of one of the world’s most important macro-economic metrics and a potential re-rating of the U.S. currency across the globe.

South Africa's rand extended its winning streak early on Wednesday, reaching its firmest in three sessions as a return of global demand for riskier assets offset more dismal local data.

Image source: The Motley Fool.

Image source: The Motley Fool.

Image source: The Motley Fool.

Image source: The Motley Fool.

Image source: The Motley Fool.

Image source: The Motley Fool.

Trade-exposed Asian currencies edged ahead on Wednesday, buoyed by optimism that the spread of coronavirus had slowed, while the kiwi leapt after the central bank dropped its easing bias.

Malaysia's economy grew 3.6% in the fourth quarter from a year earlier, the slowest pace in a decade, due to lower output of palm oil, crude oil and natural gas, and a fall in exports amid the U.S.-China trade war.

The Philippines' DoubleDragon Properties Corp plans a sale of shares worth up to 66 billion pesos ($1.3 billion) in a real estate investment trust (REIT), starting this year, to generate funds for expansion, its chairman said on Wednesday.

Indian shares rose on Wednesday, tracking gains in Asian markets, on hopes that the worst of the coronavirus in China may have passed.

Gold was little changed on Wednesday, as equities rose after the number of new coronavirus cases fell, while uncertainty over the economic impact of the outbreak underpinned bullion.

(RTTNews) - Indian shares opened higher on Wednesday amid positive global cues and ahead of industrial output and inflation data out later in the day.

Taiwan's Foxconn hopes to resume half of its production in China by month-end, a source told Reuters on Wednesday, as the supplier to tech giant Apple and others reopens plants shut over a coronavirus outbreak.