Author: Arabian Media staff

The retailer reported a surprise adjusted profit during the first quarter, kept its full-year outlook and said it was moving more furniture production out of China. Source link

This article is an on-site version of our FirstFT newsletter. Subscribers can sign up to our Asia, Europe/Africa or Americas edition to get the newsletter delivered every weekday morning. Explore all of our newsletters hereGood morning and welcome to FirstFT Asia. In today’s newsletter:Deadly plane crash near Ahmedabad airport in India US senator detained during press conferenceStablecoins go mainstreamWe start in India, where the country is grappling with the aftermath of the worst aviation disaster in more than a decade. More than 240 people died when an Air India flight to London crashed in Ahmedabad shortly after take-off on Thursday.…

In accounting, general and administrative expenses represent the necessary costs to maintain a company’s daily operations and administer its business, but these costs are not directly attributable to the production of goods and services. Information on this type of expense is especially useful when calculating a company’s fixed costs. Key Takeaways General and administrative expenses are the necessary costs required to maintain a company’s daily operations and administer its businessGeneral and administrative costs are not directly attributable to the production of goods and services.While there is a strong motivation for management to reduce these costs, because they are fixed costs,…

Walmart’s stock has suffered its longest losing streak in seven years, but the technical outlook remains bullish as it remains well above a key long-term trend tracker. Source link

Credit rating agencies use letter grades to denote the creditworthiness of companies and countries that issue debt securities such as corporate and government bonds. The most followed agencies are S&P, Fitch, and Moody’s. Investors pay special attention to their ratings, which range from A to D with pluses and minuses applied to each to indicate how likely it is that a borrower will repay its debt. Higher ratings come with triple letters. Grades that come with a plus are better than those with a minus. AA+ and AAA are the two highest ratings issued by S&P and Fitch, two of…

Solvency Ratios vs. Liquidity Ratios: An Overview Solvency and liquidity are both terms that relate to an enterprise’s state of financial health but with some notable differences. Solvency refers to an enterprise’s capacity to meet its long-term financial commitments. Liquidity addresses an enterprise’s ability to pay short-term obligations and a company’s capability to sell assets quickly to raise cash. Key Takeaways Solvency and liquidity are both important for a company’s financial health and an enterprise’s ability to meet its obligations.Liquidity refers to both an enterprise’s ability to pay short-term bills and debts and a company’s capability to sell assets quickly…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Argentina’s monthly inflation rate has fallen below 2 per cent for the first time in five years, a boost for libertarian President Javier Milei in his war against the country’s chronic price pressures.Consumer prices rose 1.5 per cent in May from the previous month, the country’s statistics agency said on Thursday. This compares with 2.8 per cent in April and a 25.5 per cent high in December 2023, when Milei took office. However, annual inflation is still 43.5 per cent, one of…

Bitcoin vs. Bitcoin Cash: An Overview Bitcoin was the first cryptocurrency to achieve public awareness. It began as a payment method outside the control of governing bodies or other third parties. Bitcoin Cash is a cryptocurrency created from a Bitcoin blockchain fork which occurs when users resist change or reprogram a blockchain to operate the way they want it to. Bitcoin Cash forked in 2017 after developers disagreed about the direction Bitcoin was taking. Key Takeaways Bitcoin is limited by transaction processing time.This issue historically created factions within the Bitcoin mining and developing communities.Bitcoin Cash was started by Bitcoin miners…

Tensions between the U.S. and Iran have been rising, but the big moves in gold and oil prices can help gauge just how serious the situation has become — and hint at what’s next for global financial markets. Source link

Margin trading is highly speculative and investors should understand the potential losses and have solid risk management strategies. Margin trading allows traders to increase their purchasing power to leverage into larger positions than their cash positions would otherwise allow. By borrowing money from a broker to trade in larger sizes, traders can amplify returns and losses. Day trading is buying and selling the same stocks multiple times during trading hours for quick profits. Day trading is risky, as it’s dependent on fluctuations in stock prices and can result in substantial losses in a very short period. Key Takeaways Margin trading allows…