An exchange traded fund (ETF) tied to high-flying shares of U.S. chipmaker Nvidia Corp is the top-performing ETF so far this year, as the frenzy around artificial intelligence attracts buyers.
New York Stock Exchange-parent Intercontinental Exchange beat analysts’ expectations for third-quarter profit on Thursday as a volatile market boosted trading volumes.
Japan’s SoftBank Corp’s bond-type shares were listed on the Tokyo Stock Exchange on Thursday in the first such listing in Japan, raising a total of 120 billion yen ($799 million) on strong retail and institutional investor demand.
Russia’s dominant lender Sberbank reported a record quarterly profit of 411.4 billion roubles ($4.41 billion) on Thursday and a return on equity (ROE) of 27.6% as it recovers from slumping profits in 2022.
ING Groep , the largest Dutch bank, on Thursday announced its second share buyback programme of the year, of up to 2.5 billion euros ($2.65 billion), following third-quarter net profits that more than doubled from the previous year.
Insurance provider Aflac on Wednesday reported third-quarter profit above estimates, helped by higher premium revenue from its U.S. unit and strong gains on its investments.
Insurer Allstate Corp on Wednesday posted a quarterly profit, compared to a year-ago loss, on the back of higher premiums in its property-liability unit.
Federal Reserve Chair Jerome Powell said on Wednesday that he sees no reason to change the current drawdown of the central bank’s still-massive balance sheet.
