160550.KQ - Next Entertainment World Co., Ltd.
| Previous close | 3,885.00 |
| Open | 3,885.00 |
| Bid | 3,935.00 x 0 |
| Ask | 4,050.00 x 0 |
| Day's range | 3,885.00 - 3,990.00 |
| 52-week range | 3,885.00 - 10,200.00 |
| Volume | 66,061 |
| Avg. volume | 680,544 |
| Market cap | 110.09B |
| Beta (3Y monthly) | 1.05 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
- Reuters - UK Focus
Weak U.S. data underscore growing headwinds to economy
New (KOSDAQ: 160550.KQ - news) orders for key U.S.-made capital goods unexpectedly fell in December amid declining demand for machinery and primary metals, pointing to a sustained slowdown in business spending on equipment that could further crimp economic growth. Shipments of core capital goods rose 0.5 percent in December after an unrevised 0.2 percent drop in the prior month.
- Reuters - UK Focus
Hedge funds hunt for shipping debt in new market push
A growing number of hedge funds are moving into shipping debt, an asset class few have invested in before, looking to buy up loans and bonds as banks cut their exposure to the troubled sector. World economy worries and cost pressures are dampening prospects for a proper recovery in many segments of the shipping sector, which has struggled with tough markets for a decade. The European Central Bank's banking supervisor has flagged troubled non-performing loans in 2019 as "a concern for a significant number of euro area institutions".
- Reuters - UK Focus
FOREX-Dollar falls vs yen, euro after soft U.S. economic data
The U.S. dollar fell against most major currencies on Thursday, hurt by weaker-than-expected U.S. economic data that affirmed expectations the Federal Reserve will hold interest rates this year. The greenback ...
- Reuters - UK Focus
GLOBAL MARKETS-Stocks up on Asia push, muted Wall St eyes Fed minutes
World stocks rose on Wednesday, hitting a four-month high on hopes for progress in trade talks between the United States and China, and a supportive backdrop from major central banks also helped push risk assets higher. Stocks started with a rally in Asia that pushed the MSCI world equity index to its highest since October after U.S. President Donald Trump said negotiations with China were going well and suggested he was open to extending the deadline to complete them beyond March 1. Many had feared U.S. tariffs on $200 billion worth of Chinese imports would rise to 25 percent from 10 percent if no trade deal was reached by then.
- Reuters - UK Focus
Brent dips as demand worries weigh, U.S. oil prices hit 2019 high
Oil prices were mixed on Tuesday as concerns about global crude oil demand and uncertainty over the latest round of U.S.-China trade talks countered investor optimism around tightening supplies. Brent crude slipped 5 cents to settle at $66.45 a barrel, hovering below its 2019 high of $66.83 reached on Monday.
- Reuters - UK Focus
GLOBAL MARKETS-Gold hits 10-month peak on hopes for US-China trade talks
Gold prices surged to a 10-month high on Tuesday, as the U.S. dollar weakened, on optimism for a breakthrough in U.S.-China trade talks, with bullion also receiving support as a safe-haven asset due to ...
- Reuters - UK Focus
FOCUS-British supermarkets battle to secure stocks as chaotic Brexit looms
Britons could face shortages of fresh food, price rises and less variety if the country leaves the European Union next month without agreeing trade terms, food industry officials say. With (Other OTC: WWTH - news) no deal in sight as Britain's March 29 exit date approaches, supermarkets are stockpiling, working on alternative supplies and testing new routes to cope with an expected logjam at the borders but say they face insurmountable barriers. "You can't stockpile fresh produce, you haven't got any space and it wouldn't be fresh," said Tim Steiner, head of online supermarket pioneer Ocado.
- Reuters - UK Focus
Italy leads peripheral rally on expectation of ECB stimulus
Short-dated Italian government bonds outperformed on Monday, their yields falling the most among euro zone bonds to lead a rally in the periphery, on expectations of more monetary stimulus from the European Central Bank. Italian two- and five-year government bond yields fell as much as eight basis points after comments by ECB policymakers Francois Villeroy de Galhau, Olli Rehn and Benoit Coeure raised expectations of new cheap loans for banks from the central bank. Coeure's comments on Friday saw euro zone banking shares jump more than 3 percent, the euro fall and Italy's bond yields tumble.
- Reuters - UK Focus
Oil prices edge higher as financial markets pare some losses
Oil prices edged higher on Thursday and Brent hit the highest level this year, but gains were capped after the steepest decline in U.S. retail spending since 2009 heightened investor fears of a global economic slowdown. U.S. financial markets opened lower and global stock markets erased broad gains after retail sales in the world's largest economy recorded their biggest drop in more than nine years in December. "Oil prices sold off in reaction to the very weak retail sales data in the U.S. that drove selling across-the-board," said John Kilduff, a partner at Again Capital Management in New York.
Sky NewsAirbus to halt A380 superjumbo production as sales stall
Airbus has blamed weak sales for its decision to scrap production of the A380 superjumbo - the world's largest airliner. Following months of speculation over the plane's future, Airbus said it had taken the decision after Emirates scaled back an order for A380s - choosing instead to focus on smaller planes. Airbus chief executive Tom Enders said: "As a result of this decision we have no substantial A380 backlog and hence no basis to sustain production, despite all our sales efforts with other airlines in recent years.
- Reuters - UK Focus
Lower gasoline prices restrain U.S. consumer inflation
The Labor Department's report on Wednesday supported the Fed's recent description of price pressures being "muted." In a policy statement last month, the U.S. central bank kept rates unchanged, pledged to be "patient" before tightening monetary policy further and discarded promises of "further gradual increases" in borrowing costs. The Consumer Price Index last month was held down by cheaper gasoline, which offset increases in the cost of food, rent, healthcare, recreation, apparel, motor vehicles and household furnishings. In the 12 months through January, the CPI rose 1.6 percent, the smallest gain since June 2017.
- Reuters - UK Focus
Qatar revamps investment strategy after Kushner building bailout
LONDON/NEW YORK/DUBAI, Feb 11 (Reuters) - When news emerged that Qatar may have unwittingly helped bail out a New York skyscraper owned by the family of Jared Kushner, Donald Trump's son-in-law, eyebrows were raised in Doha. Kushner, a senior White House adviser, was a close ally of Saudi Crown Prince Mohammed bin Salman - a key architect of a regional boycott against Qatar, which Riyadh accuses of sponsoring terrorism.
- Reuters - UK Focus
Oil gains 2 pct as Saudi Arabia readies more supply cuts
Oil prices were up more than 2 percent on Tuesday on steep OPEC production cuts, with its de-facto leader Saudi Arabia planning to drop March crude output by more than a half a million barrels per day ...
- Reuters - UK Focus
FOREX-Trade woes, EU slowdown push dollar to 2019 high in eight-day rally
The dollar on Monday hit a 2019 high in the eighth day of its longest rally in two years, as concerns about a trade deal with China and an economic slowdown in Europe sent investors into the safe-haven currency. China struck an upbeat note on Monday as trade talks resumed with the United States, but also expressed anger at a U.S. Navy mission through the disputed South China Sea, casting a shadow over the prospect for improved Beijing-Washington ties. On "the trade process, and the hope that China will buy more U.S. goods, we might see some headlines supportive of a warming in trade talks.
- Reuters - UK Focus
New UK laws will block China's Huawei from sensitive state projects -The Sun
New laws on foreign investment in the UK will block Chinese firm Huawei from sensitive UK tech projects, The Sun newspaper reported on Friday. Many are concerned that allowing Huawei an inside track on ...
- Reuters - UK Focus
Oil drops as global economic concerns grip market
Oil fell about 2 percent on Thursday as the market was weighed down by concerns that global demand growth would lag in the coming year. A rebound from late December lows seemed to stall amid worries that a trade war between the U.S. and China would continue, weighing on demand. U.S. crude futures fell $1.37 a barrel, or 2.5 percent, to settle at $52.64.
- Reuters - UK Focus
Oil dips on U.S. factory data, Venezuela sanctions limit losses
Oil prices dipped on Tuesday, pulling back from two-month highs after weak U.S. factory orders data rekindled economic slowdown worries, though sanctions on Venezuelan oil and crude OPEC-led supply cuts limited losses. U.S. crude futures fell 56 cents to $54 a barrel, or 1 percent, at 11:59 a.m. EST (1659 GMT).
- Reuters - UK Focus
U.S. shale service costs coming down, BP upstream boss says
Oil and gas operating costs in the U.S. shale basins have come down recently following a drop in crude prices, BP's head of upstream Bernard Looney said on Tuesday. Its production rose to 349,000 barrels of oil equivalent per day (boed) in 2018 from 297,000 boed the previous year.
- Reuters - UK Focus
UK economy flat-lines as Brexit nears, firms cut jobs -PMI
Britain's economy risks stalling or contracting as Brexit nears and a global slowdown worsens, with firms in the dominant services sector reporting job cuts for the first time in six years and falling new orders. Sterling slipped to near two-week lows against the dollar after a leading gauge of the world's fifth-biggest economy, the IHS Markit/CIPS UK Services Purchasing Managers' Index (PMI), fell to 50.1 in January from 51.2 in December. Britain's economy defied forecasts from some economists that it would go into recession after the 2016 referendum vote to leave the European Union.
Sky NewsNew car sales extend decline at start of 2019
New (KOSDAQ: 160550.KQ - news) car sales in the UK fell by 1.6% in January compared to the same period last year, extending the decline for Britain's beleaguered auto industry. The figures from the Society for Motor Manufacturers and Traders (SMMT) come days after Japanese car maker Nissan said it was no longer planning to build new X-Trail models at its car plant in Sunderland. Annual figures for 2018 showed new car sales fell 7% over the year - the second year in a row of declines and the biggest fall since 2008.
- Reuters - UK Focus
Deutsche cuts back correspondent banking after Danske scandal
Deutsche Bank's global correspondent banking portfolio is now around 40 percent smaller than it was in 2016, Stephan Wilken, its head of anti-financial crime and anti-money laundering said. Wilken told a committee of the European Parliament that Deutsche Bank's portfolio of correspondent banking customers it deems as high risk is around 60 percent smaller than it was in 2016.
- Reuters - UK Focus
TREASURIES-U.S. prices fall ahead of debt supply this week
U.S. Treasury prices fell on Monday in generally light volume, after trading higher for most of last week, pressured by upcoming debt supply, as well as indications that inflation expectations are rising. ...
- Reuters - UK Focus
Fed policy turn not good news for Trump as risks mount
The Federal Reserve's policy twist on Wednesday might seem just what the White House ordered, with a hold put on what President Donald Trump termed "loco" interest rate hikes, and an openness to ending the monthly runoff of up to $50 billion from the U.S. central bank's balance sheet. It isn't the narrative of rebounding investment, higher productivity, and surging growth that administration officials offer, but one of shaky confidence, an economic recovery that may not be as sturdy as it seems, and risks that partly stem from Trump's own actions. Just as the Fed's four rate increases last year were a product of better-than-expected growth nudged higher by some of Trump's policies - a sign of economic strength even if the president called it otherwise - the policy shift this week was a sign the best days of Trumponomics may be over.