Net earnings for the fiscal fourth quarter declined 7.2% from a year earlier to $191 million, Jefferies said in a statement Wednesday.
Global affairs remained in focus as US forces seized two more sanctioned oil tankers as part of its energy quarantine of Venezuela. European leaders closed ranks behind Denmark as President Donald Trump amplified threats to seize Greenland.
The Dow Jones Industrial Average dropped 0.9% from its own record set the day before, while the Nasdaq composite added 0.2%.
The nation’s sovereign debt - the worst performer among the world’s biggest markets last year - faces an 8% rise in net supply to about ¥65 trillion ($415 billion) in the fiscal year starting in April.
Bond issuance has also been remarkably strong overseas. In Europe, issuers raised a record amount of funds through bond sales on Wednesday.
The S&P 1500 Homebuilding Index slid as much as 2.3%, with 15 of 18 members trading lower. Builders KB Home and DR Horton Inc. were among the worst performers. Building-materials supplier Louisiana-Pacific Corp. declined more than 5%.
Trump’s post shows he would rather increase supply than limit it, adding to concerns about an oversupply issue in the global market
The Nikkei 225 Index fell 0.4% at the open, pushing the MSCI Asia Pacific Index lower after four days of gains.
The Chilean peso led gains among peers as copper prices extended rallies. President-elect José Antonio Kast also told business executives that he will nominate Jorge Quiroz as finance minister.
Prediction markets boost bets on Panama, Greenland and Iran after Trump’s Venezuela raid, as traders price in a more forceful US foreign policy.
Jollibee said it has hired international and local advisers to work on the spinoff and potential US listing
Money managers increased net-long positions on the US benchmark by 2,045 lots to 19,711 lots, the biggest gain in two months, in the week ended Dec. 30, data from the Commodity Futures Trading Commission show.
US stocks rose as investors shrugged off the Venezuela action, lifting the Dow to a record. Energy shares led on hopes of oil infrastructure rebuilding.
Trump said US oil companies will spend billions of dollars to rebuild Venezuela’s crumbling energy infrastructure and restore the nation’s oil sector to its former glory.
Trump said US oil companies will spend billions of dollars to rebuild Venezuela’s crumbling energy infrastructure and restore the nation’s oil sector to its former glory.
Despite the dramatic U.S. military capture of Nicolás Maduro, Venezuela's marginal oil production—under 1% of global supply—ensures stable near-term flows, yet escalating geopolitical risks could inject lasting uncertainty into energy and financial markets.
MSCI’s Asian stock index jumped 0.7% at the open after a widely watched technology gauge hit an all-time high
Measured across global stocks, bonds, credit and commodities, 2025 delivered the strongest cross-asset performance since 2009 — a year marked by crisis-level valuations and sweeping policy intervention.
Warren Buffett has handed Berkshire CEO reins to Greg Abel, calling him the “decider” and predicting Berkshire can endure for another 100 years.
SpaceX is eyeing a $1.5 trillion IPO after a share sale valued it near $800 billion, as Starlink growth and LEO launches power the hype.
Quarterly updates, results, bank loans and deposits growth and final PMIs are the key data points and events to track
The dollar recorded its worst year since 2017, with investors saying more declines are coming if the next Federal Reserve chief opts for deeper interest-rate cuts. US Treasuries posted their best year since 2020.
Michael Burry calls Tesla “ridiculously overvalued” but says he isn’t shorting it, as Tesla posts downbeat delivery estimates and shares hover near records.
Rich Dad Poor Dad author Robert Kiyosaki warns of an “event-driven” global economic shock in 2026, citing market fragility and China risks.
Foreign outflows, rich valuations and softer earnings keep India at the bottom of global rankings