Dollar’s stubborn strength dents US companies’ earnings cheer
A host of US companies are faced with a problem they had not expected to confront this year: a rising dollar. Many market participants believed the dollar would fall on…
A host of US companies are faced with a problem they had not expected to confront this year: a rising dollar. Many market participants believed the dollar would fall on…
Heading into 2024, analysts say the US recession they’d been forecasting for two years isn’t coming anymore. Everyone else, from companies to investors, is still bracing for a slowdown caused…
Innovative changes introduced by SECP During the seventies, it was considered expedient by the relevant Government that the method of keeping close control and running business of companies through their…
A type of derivative trade that became popular with companies over the past year to save on interest costs is seeing demand slow, with risk increasing that the bets could…
Some foreign companies trying to exit Russia are facing a big jump in costs as Moscow is demanding bigger discounts on the price tags of assets they want to sell,…
Having pressured South Korean oil giant SK E&S into retracting claims it would produce carbon-free gas, ex-fossil fuel lawyer turned climate advocate Jihyeon Ha now wants tougher action against corporates…
Shell companies are considered the safest means to stash wealth created through criminal activities. Incorporation of shell companies is not illegal but they are normally formed in tax havens where…
Wild swings in global currencies hammered corporate earnings in the past year, and while forex markets have gotten less choppy, some companies are seeking ways to guard profits and lower…
A towering rally in the US dollar is expected to hit third-quarter corporate earnings, potentially presenting another obstacle to stocks in a year that has experienced an already-painful market decline.…
When US consumer products company Newell Brands Inc refinanced $1.1 billion worth of bonds earlier this month, it saw its borrowing costs jump by more than half. The maker of…