rises Archives - Rvpg media

AmBank delivers solid growth in Q2, net profit rises to RM435m

KUALA LUMPUR, Nov 30 — AMMB Holdings Bhd (AmBank Group) posted a solid net profit of RM435.40 million in the second quarter ended September 30, 2022 (Q2 FY2023), on the back of a rebound in the economy post-pandemic. It recorded revenue of RM1.18 billion. This compared with a net profit of RM321.04 million and revenue … Read more

Dip in Australia’s inflation rate in October raises hopes price rises may have peaked | Australian economy

Australia’s inflation rate eased in October, helped by smaller increases for food, adding to expectations that the rate of price rises may be nearing their peak. The headline consumer price index for last month was 6.9%, slowing from the 7.3% pace reported for September, the Australian Bureau of Statistics said. Some economists, such as CBA, … Read more

Telecoms Contribution to GDP Rises by 10%, Hits 7trn in 2022

The National Bureau of Statistics recent report has shown that the contributions of telecommunications to the nation’s real Gross Domestic Product increased by 10.52 per cent year-on-year to hit N7.28tn in the first nine months of 2022. In the corresponding period of 2021, the sector contributed N6.58tn to real GDP. The sector contributed N11.99tn to … Read more

Canada 3Q GDP Rises Strong-Than-Expected 2.9% — Update

By Robb M. Stewart OTTAWA–Canada’s economy continued to grow in the three months through September, as exports and businesses investment in inventories countered weakness in housing investment and household spending amid high inflation and rising interest rates. The stronger-than-expected quarter adds weight to expectations rate are likely to be increased further, and may now peak … Read more

HIL Industries’ 9M net profit rises to RM20.5m on strong demand for auto parts

PETALING JAYA: One-stop plastic solution provider and property developer HIL Industries Bhd on Nov 23 reported its net profit for the nine months ended Sept 30, 2022 (9MFY22) rose 14.9% to RM20.5 million, from RM17.9 million previously, on strong demand for automotive parts components from its major customers. Earnings per share rose to 6.34 sen … Read more

Sensex rise today | US fed: Sensex rises nearly 200 points ahead of US Fed minutes; Nifty tops 18,300

Tracking positive cues from global markets, benchmark equity indices opened higher on Wednesday ahead of the US Fed minutes. BSE Sensex rose 0.59% to open at 61,780, led by gains in banking, financial, auto and IT stocks. Meanwhile, Nifty50 gained 0.44% to touch 18,325. “There is a sudden near-term positive change in global market mood … Read more

Advance Auto Parts Inc. stock rises Tuesday, still underperforms market

Shares of Advance Auto Parts Inc. AAP, +0.88% inched 0.88% higher to $149.55 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +1.36% rising 1.36% to 4,003.58 and the Dow Jones Industrial Average DJIA, +1.18% rising 1.18% to 34,098.10. This was the stock’s … Read more

Tory MPs hit out at Jeremy Hunt’s ‘die-hard socialist’ tax rises as they line up to blast Chancellor

Tory MPs hit out at Jeremy Hunt’s ‘die-hard socialist’ tax rises as they line up to blast Chancellor after Esther McVey’s ‘Gordon Brown’ jibe Jeremy Hunt is facing an increased backlash from Tory MPs over his Budget  Former Cabinet Minister Ester McVey liked the Chancellor to Gordon Brown  She branded his Autumn Statement a ‘devotion … Read more

Public Service Enterprise Group Inc. stock rises Monday, outperforms market

Shares of Public Service Enterprise Group Inc. PEG, +0.28% inched 0.28% higher to $57.85 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX, -0.39% falling 0.39% to 3,949.94 and Dow Jones Industrial Average DJIA, -0.13% falling 0.13% to 33,700.28. This was the stock’s … Read more