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BoE Cuts Key Rate To 4.25% In Three-Way Split

India, May 8 -- Policymakers of the Bank of England decided to reduce its interest rate by 25 basis points in a three-way split. The Monetary Policy Committee lowered the bank rate to 4.25 percent, a... Read More


Japan Household Spending Rises 2.1% On Year In March

India, May 8 -- The average of household spending in Japan was up 2.1 percent on year in March, the Ministry of Internal Affairs and Communications said on Friday - coming in at 290,511 yen. That exc... Read More


Viatris' Two Phase 3 Studies Of MR-107A-02 To Treat Acute Pain Meet Primary Goals

India, May 8 -- Viatris Inc. (VTRS), a healthcare company, Thursday said its two Phase 3 studies evaluating MR-107A-02 for the treatment of acute pain met their primary goals. The studies were conduc... Read More


South Korea Has $9.14 Billion Current Account Surplus

India, May 8 -- South Korea posted a current account surplus of $9.14 billion in March, the Bank of Korea said on Friday - up from $7.18 billion in February. The goods account recorded an $8.49 billi... Read More


Varex Imaging Corp Q2 Profit Increases, Beats Estimates

India, May 8 -- Varex Imaging Corp (VREX) revealed earnings for its second quarter that increased from the same period last year and beat the Street estimates. The company's bottom line totaled $6.9 ... Read More


FTSE 100 Modestly Higher Ahead Of BoE Policy Announcement

India, May 8 -- U.K. stocks are modestly higher on Thursday as investors await the Bank of England's monetary policy announcement later in the day. Optimism about U.S. agreeing on a trade deal with a ... Read More


EPAM Systems Q1 Profit Beats Street; Lifts FY25 Outlook; Names New CEO; Stock Climbs - Update

India, May 8 -- EPAM Systems, Inc. (EPAM), while reporting weak first-quarter profit, but above market estimates, on Thursday issued second-quarter outlook, expecting higher revenues. Further, the Dig... Read More


US-UK Deal To Reduce Tariffs Expected On Thursday

India, May 8 -- The United States and the UK are expected to announce a deal to reduce tariffs on each other's goods on Thursday, media reports said. "Big news conference tomorrow morning at 10:00am,... Read More


Taiwan Trade Surplus Grows In April

India, May 8 -- Taiwan's foreign trade surplus increased in April from a year ago, preliminary figures from the Ministry of Finance revealed on Thursday. The trade surplus rose to $7.21 billion in Ap... Read More


Sensex, Nifty Decline As Tensions Rise With Pakistan

India, May 8 -- Indian shares closed Thursday's session lower as growing concerns over escalating India-Pakistan tensions curbed investors' appetite for risk. In a calibrated and proportionate milita... Read More