-- The producer prices of industrial products in Germany edged down 0.2% year over year in March, following a 3.3% decline in the previous month, the country's Federal Statistical Office said Monday.
On a monthly basis, producer prices were 2.5% higher, against the expected 1.4% growth. The latest reading reflects the largest monthly increase since August 2022.
Standard Chartered (HKG:2888) bought back 831,000 shares on April 17 at an average price of 18.06 pounds sterling apiece, according to a Monday Hong Kong bourse filing.The British lender plans to cancel the shares, following which it will have about 2.22 billion shares in issue.
China Northern Rare Earth (SHA:600111) plans to renew its financial services agreement with Baogang Group Finance for three more years, according to a Shanghai bourse filing on Saturday.The Chinese rare earth products producer's shares jumped over 3% at the close of Monday's trade.Under the new deal, the daily maximum deposit balance is capped at 6.5 billion yuan.
Prudential (SGX:K6S, HKG:2378) bought back 306,299 shares in London on April 17 at an average price of about 11.06 pounds sterling apiece, according to a Monday Hong Kong bourse filing.The insurer intends to cancel the repurchased shares.Following the transaction, the company will have about 2.52 billion shares in issue.