Earnings call transcript: Kakao posts stronger q2 2026 profit, stock slips

OCBC’s Sim Moh Siong and Christopher Wong note that the Thai Baht (THB) is trading near its weakest level in more than a year against the US Dollar (USD), as volatile oil prices, a firmer USD and higher US yields weigh on the currency. They highlight the Bank of Thailand’s (BoT) accommodative stance and tolerance…

There’s just one to take note of on the board for today, as highlighted in bold below. That being for EUR/USD at the 1.1400 level. The expiries are keeping thereabouts with the 100-hour moving average and so may provide some area of interest for price action to circle around in the session ahead. However, the…

European Union antitrust regulators said on Wednesday they had signed off on Paramount Skydance’s proposed acquisition of Warner Bros. Discovery. The approval, which included concessions made by Paramount, comes as the deal has been delayed in the U.S. due to concerns raised by state attorneys general. A Paramount spokesperson didn’t immediately respond to comment. In…

Question: Consider the markets for fresh vegetables and instant noodles. Assume that fresh vegetables are a normal good, while instant noodles are an inferior good. Suppose Congress bans a commonly used fertilizer and pest-control chemical in vegetable farming. Without this input, vegetable yields fall due to increased spoilage and pest damage.  (a) Using a supply…