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Silvercorp Metals announces $0.0125 semi-annual dividend

May 28, 2024 8:37 am
Silvercorp Metals Inc (NYSE: SVM) said on Monday that its Board of Directors had authorized a semi-annual dividend of $0.0125 per share. The dividend will be paid on June 27th to shareholders of record as of the close of business on June 7th 2024, the company said. The dividend was kept unchanged from the previous […] Read more

Norway’s unemployment rate rises to 3-month high

May 27, 2024 5:12 pm
The seasonally adjusted unemployment rate in Norway was reported to have risen to 4.3% in April from 4% in March. It has been the highest jobless rate since January. The number of unemployed individuals rose by 12,000 from the prior month to 131,000, data by Statistics Norway showed. At the same time, the number of […] Read more

Germany’s May business confidence misses estimates

May 27, 2024 10:33 am
The Ifo Business Climate gauge for Germany was reported at a level of 89.3 in May, or unchanged compared to April. Yet, the latest reading came below market consensus of 90.4. The sub-index of current conditions decreased to 88.3 in May from 88.9 in April. At the same time, the sub-index of business expectations registered […] Read more

Extra Space Storage announces $1.62 quarterly dividend

May 27, 2024 8:28 am
Extra Space Storage Inc (NYSE: EXR) said last week that its Board of Directors had authorized a second-quarter cash dividend of $1.62 per share of common stock. The dividend will be paid on June 28th to shareholders of record as of the close of business on June 14th 2024, the company said. The dividend was […] Read more

Sweden’s producer prices rise for 1st time since April 2023

May 26, 2024 4:26 pm
Producer prices in Sweden increased at an annualized rate of 0.9% in April, data by Statistics Sweden showed. That followed a 0.6% slump in March. It has also been the first month of producer price growth since April 2023. Prices dropped at a slower rate for energy-related products (-4.4% YoY compared to -6.8% YoY in […] Read more

Switzerland’s non-farm payrolls fall from all-time high

May 26, 2024 12:09 pm
Non-farm payrolls in Switzerland were reported to have increased 1.8% year-on-year to 5.484 million during the first quarter of this year. The figure came slightly below the record high of 5.488 million reported in the fourth quarter of 2023. In Q1, employment levels in the industrial sector rose 0.7% YoY to 1.131 million, underpinned by […] Read more

Marcus announces $0.07 quarterly dividend

May 26, 2024 10:42 am
The Marcus Corporation (NYSE: MCS) said this week its Board of Directors had authorized a regular quarterly cash dividend of $0.07 per share of common stock. The dividend will be paid on June 26th to shareholders of record as of the close of business on June 17th 2024, the company said. The dividend was kept […] Read more

Germany’s economy returns to growth in Q1 2024

May 25, 2024 4:04 pm
Germany’s economy has returned to growth in the first quarter of 2024, data by the Federal Statistical Office showed. The country’s GDP rose 0.2% quarter-on-quarter in Q1, which matched both a preliminary estimate and market consensus. Growth was mostly attributed to a rebound in gross fixed capital formation (1.2% QoQ after a 2.1% drop in […] Read more

Singapore’s manufacturing production shrinks 1.6% in April

May 25, 2024 11:18 am
Singapore’s manufacturing output has decreased at an annualized rate of 1.6% in April, while slowing from a 9.2% contraction in March. The latest data confounded market consensus of a 0.2% growth. In April, production rebounded for transport engineering (10.6% YoY after a 7.3% YoY drop in March) and for general manufacturing industries (7.3% YoY following […] Read more

France’s business morale lowest since January

May 24, 2024 3:29 pm
France’s business confidence has decreased to its lowest level since January in May, the latest data by INSEE showed. The gauge of business morale came in at a reading of 99.2 in May, down from 100.0 in April. The indicator remained below its long-term average and also below market consensus of 100.0. In May, companies’ […] Read more