(Reuters) - Online vehicle auction services provider Copart marginally beat third-quarter revenue estimates on Thursday as vehicle sales increased.
The Dallas-based company, which primarily provides services to sell damaged and total-loss vehicles to used-car dealers and dismantlers, has benefited from robust volumes of salvage vehicles.
Copart reported total revenue of $1.13 billion in the third quarter, compared with analysts' estimates... (continue reading...)
BUENOS AIRES (Reuters) - Argentina achieved a fiscal surplus of 17.4 billion pesos ($19.6 million) for April, the economy minister said on Thursday, marking the fourth successive month that public spending figures were in positive territory under new President Javier Milei.
Luis Caputo, Milei's economy chief, revealed the monthly budget surplus in a post on X.
The government of Milei, a libertarian economist, achieved a first-quarter... (continue reading...)
(Reuters) - Super Hi International, which operates Chinese hotpot restaurant chain Haidilao in the overseas market, on Thursday priced its initial public offering in the United States at $19.56 per share.
The Chinese restaurant brand raised $52.7 million by selling nearly 2.7 American Depositary Shares (ADS).
The IPO price is at a discount of 9.9% from the as-converted last close of Super Hi's Hong Kong-listed shares, and gives the... (continue reading...)
SEOUL (Reuters) - Kim Yo Jong, the powerful sister of North Korean leader Kim Jong Un, again denied arms exchanges with Russia, state media KCNA reported on Friday.
The U.S. and South Korea accused North Korea of transferring weapons to Russia for use against Ukraine, which it invaded in February 2022. Both Moscow and Pyongyang have denied the accusations, but vowed last year to deepen military relations.
Ties between the two countries... (continue reading...)
By Jamie McGeever
(Reuters) - A look at the day ahead in Asian markets.
Asian markets go into Friday's session looking to end a strong week on a positive note, and there appears to be no obvious reason why the recent upswing should reverse unless investors opt for a bout of profit taking ahead of the weekend.
China's monthly 'data dump', when Beijing simultaneously lands several top-tier economic indicators, could go a... (continue reading...)
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