Category: Bussiness

'Death Cross,' growth abroad threaten U.S. dollar

NEW YORK (Reuters) – Storm clouds are gathering over the U.S. dollar, threatening a two-year rally in the currency that has squeezed corporate profits and angered President Donald Trump. Dollar bullishness in future markets stands at its lowest level in more than a year-and-a-half, according to the most recent data from the Commodity Futures Trading […]

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Hyundai fourth-quarter profit beats view on brisk SUV sales, shares jump 5%

SEOUL (Reuters) – South Korea’s Hyundai Motor Co (005380.KS) reported a better than expected quarterly operating profit, helped by brisk sales of sport-utility vehicles such as its Tucson and Palisade models. Operating profit for October-December came in at 1.24 trillion won ($1.07 billion), outperforming analysts’ average estimate of 1.06 trillion won, according to Refinitiv I/B/E/S […]

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