Business
Epic Games lays off 1,000 employees, citing dip in 'Fortnite' popularity
Epic Games, the developer of the popular video game “Fortnite,” is laying off more than 1,000 employees and cutting $500 million in costs.…
Tag
Dip
Business
Gold prices dip on firmer US dollar
Gold edged lower on Monday (Feb 9) as the US dollar rose after bullion notched a more than 2 per cent gain in the previous session, as…
Business
Gold, silver dip as dollar rises after strong US jobs data
Gold and silver fell on Thursday (Feb 12) as the US dollar firmed after stronger-than-expected January jobs data dented expectation for…
Business
Bank of England cautious about risks from expected dip in inflation
Bank of England chief economist Huw Pill said on Friday (Feb 6) that there was a risk that the central bank draws too much comfort from an…
Business
Singaporeans queueing up to buy the dip in gold despite rout
At UOB’s headquarters, Singapore’s only bank selling physical gold, buyers crowd a lounge for bullion trades People were still queueing up…
Business
Amazon Seeks to Delay Saks Global’s DIP Financing
Count Amazon as one more party that is feeling ripped off by Saks Global and its march into bankruptcy. The web giant, which has been…
Business
‘Buy the dip’ might be the worst advice you’ve ever heard
In both bull and bear markets, this tactic might be hazardous to investors Source link
Business
Singapore shares dip; STI down 0.1% on cautious sentiment
Both Straits Times Index (STI) and the iEdge Singapore Next 50 Index finished lower on Friday (Dec 5), as concerns on the US economy…
Business
Shoe Carnival See Sales Dip in Q3, But Benefits of Shoe Station Conversion Come Into Focus
Shoe Carnival gave a deeper look at its rebanner strategy on Thursday during its third-quarter earnings report. The Fort Mill, S.C.-based…
Business
Bukit Sembawang Estates H1 earnings dip 25% after completion of two condo developments
Bukit Sembawang Estates’ net profit for the half-year ended September fell 25 per cent year on year to S$47.2 million, primarily due to a…
Business
General Motors Fires 1,700 Workers at Its Michigan and Ohio Plants as EV Sales Dip after Dropping Apple CarPlay, Android Auto from Its Cars
General Motors has announced the layoff of nearly 1,700 workers at its manufacturing plants in Michigan and Ohio, citing a slowdown in…
Business
Gold’s dip a mere blip in glittering rally hinting at global monetary shift
IT HAS been a banner year for gold bugs. Despite a 5 per cent correction on Oct 21, the yellow metal has been the best-performing asset…
Unsorted
When ‘buying the dip’ pays off – and when it doesn’t
Over coffee, a colleague beamed as he announced that his US equities portfolio had chalked up an impressive 35 per cent... Source link
Business
Singapore shares dip 0.3%, even as regional markets rise
Shares on the Singapore bourse closed lower on Thursday (Oct 16), bucking the gains charted in most regional markets. The benchmark…
Business
US: Wall Street opens slightly higher as traders buy the dip ahead of sentiment data
Wall Street’s main indexes opened slightly higher on Friday, as investors sought to buy the dip following a brief pullback, while awaiting…
Business
Manchester United posts sixth year of net loss, forecasts revenue dip
MANCHESTER United reported an annual net loss for the sixth consecutive year on Wednesday (Sep 17) and forecast lower revenue for the…
Business
KKR, Blackstone turn India into Asia’s buyout HQ after China dip
The South Asian nation offers strong economic expansion, with broader investment opportunities across sectors from infrastructure to…
Business
US: Stocks dip after poor jobs data
Wall Street stocks finished lower on Friday (Sep 5) as markets grappled with worries about the latest weak US labour market data, which…
Business
Singapore stocks dip despite manufacturing rebound; STI down 0.2%
Local equities ended Wednesday (Sep 3) lower, even as data showed that manufacturing in Singapore improved slightly. The sector’s…
Business
Asia: Alibaba soars but markets dip
ESE ecommerce giant Alibaba boosted the Hang Seng on Monday, but other Asian markets mostly fell back after Wall Street retreated from…
Business
Asia: Markets dip after US tech slide
Asian markets mostly fell on Wednesday (Aug 20) morning, mirroring a rout of US tech titans the previous day as investors await signals of…
Business
Oil prices dip as market awaits EIA report
Oil prices dipped on Tuesday as traders awaited an inventory report from the US Energy Information Administration and began looking toward…
Business
US: Wall St opens flat as chip stocks dip on China sales deal
Wall Street’s main indexes opened flat on Monday (Aug 11) as major chip companies slipped on the eve of a key tariff deadline after a…
Fashion
Footwear Sales Dip in First Half of 2025, But Sneakers Continue to ‘Drive Growth’
Sneakers continued to dominate in the first half of 2025 despite an overall slowdown of footwear sales in the period. According to new…