April 25, 2024
Investors

U.S. earnings, Hong Kong gains

42 Mins Ago Kakaobank shares jump as Q4 profit rises, customer base grows Kakaobank shares jumped 7% on Wednesday after the digital payments firm reported higher fourth-quarter profit. The company’s fourth-quarter net profit rose nearly 25% to 75.7 billion Korean won ($57.2 million) from a year earlier. Kakaobank added 2.42 million new users to its

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Finance

Nirmala Sitharaman on economy, investments

“India has achieved a trinity of impossible by enhancing infrastructure investment, supporting inclusive growth and yet maintaining fiscal prudence,” said Nilesh Shah, managing director at Kotak Mahindra Asset Management. Sitharaman spoke extensively about developing India’s air connectivity, citing Indian carriers ordering more than 1,000 aircraft in the recent past, and emphasizing that the “development of

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Investors

Japan markets, Fed December minutes, China losses

Thu, Jan 4 2024 12:33 AM EST Japan to approve reserved funds to cover damages from New Year’s Day earthquake Japan’s cabinet will approve the use of its reserved funds to cover the damage from the earthquake that hit the Noto Peninsula in Ishikawa prefecture on New Year’s Day, Prime Minister Fumio Kishida said. Reuters

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