06:29 AM EDT, 08/16/2024 (MT Newswires) -- Stability describes the Canadian housing market as the country pushes through the heat of summer, said Bank of Montreal (BMO). Existing home sales were up a decent 4.8% from a year ago. This continues a subdued but largely stable level of sales activity consistent with the low end of the pre-COVID range (about...

06:36 AM EDT, 08/16/2024 (MT Newswires) -- Sunlands Technology Group ( STG ) reported Q2 earnings Friday of 12 Chinese renminbi ($1.65) per diluted share, down from 25.12 renminbi a year earlier. Revenue for the quarter ended June 30 was 492.2 million renminbi, down from 526.4 million renminbi a year earlier. Analysts' estimates were not readily available for comparison. Shares...

SAO PAULO (Reuters) - Concerns about Brazil's fiscal health and high interest rates have helped dash hopes that as many as 20 of its companies could go public this year, ending a two-year drought in the country's once-booming IPO market. Businesses in a wide swathe of sectors, including construction, retail and infrastructure, are increasingly reconciling themselves to the likelihood that...

06:33 AM EDT, 08/16/2024 (MT Newswires) -- It's been in general a good week of economic data from the United Kingdom and that continued Friday with the retail sales data for July revealing a slightly stronger-than-expected reading when the upward revision to the June data is incorporated, said MUFG. The excluding auto fuel gain in sales of 0.7% m/m was...