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Oil prices fall on supply forecast, easing risk
Oil prices dropped on Thursday due to falling demand, retreating fears of renewed Middle East conflict and expected increases in supply.…
Tag
forecast
Business
Hospitality sector may benefit, with 2026 tourist arrivals forecast to hit 17 million: OCBC Research
Stocks with exposure to hospitality may gain from improved hotel performance, tourist receipts The hospitality sector may be poised to…
Business
BNP Paribas vows more cost cuts after profit tops forecast
BNP reported net income of 2.97 billion euros (S$4.46 billion) for the three months ending in December Paribas nudged up its 2028…
Business
Malaysia sees further upside for ringgit, 2026 growth forecast
The Malaysian ringgit, Asia’s top performing currency in the past year, still has potential to gain as the economy continues to perform…
News
The Forecast Wars on Weather Twitter
For this week’s Infinite Scroll column, Brady Brickner-Wood is filling in for Kyle Chayka. What you expected from this past weekend’s…
Business
‘Swiftest pace of expansion’: RHB lifts OCBC target price to S$21.30 on Q4 earnings growth forecast
RHB has raised its target price for OCBC to S$21.30, driven by forecasts that the bank will post single-digit year-on-year earnings growth…
Business
Intel gives weak forecast after supply shortages hurt sales
Intel gave a lacklustre forecast for the current quarter because supply shortages are making it harder to meet customer demand, a…
Business
CGSI downgrades DBS to ‘hold’ on ‘muted’ Q4 performance forecast; S$60.50 target price unchanged
FY2026 could post a larger-than-expected drop in earnings due to downside risks, says CGSI CGS International (CGSI) has downgraded its…
Business
TSMC Q4 revenue jumps more than 20%, beating forecast
Demand for the company’s products leaps in response to surging interest in AI applications Taiwan Semiconductor Manufacturing Company…
Business
Uniqlo owner Fast Retailing reports jump in quarterly profit, raises annual forecast
It benefits from strong sales at home, and expansions in Europe and North America The Japanese operator of the Uniqlo clothing brand, Fast…
Business
Singapore stocks inch up on inflation forecast; STI gains 0.6%
Local shares closed higher on Tuesday (Dec 23), after the authorities maintained their full-year forecasts for Singapore’s core and…
Business
FedEx posts higher quarterly results, raises low end of full-year profit forecast
It lifted its 2026 revenue outlook, calling for 5 to 6 per cent year-over-year growth FEDEX posted higher second-quarter profit and…
Business
Wall Street opens higher as inflation eases; forecast boosts Micron
Wall Street’s main indexes opened higher on Thursday (Dec 18) after softer-than-expected inflation data boosted expectations for more…
Business
Micron surges as global memory chip shortage boosts profit forecast
It is set to add over US$30 billion to its market capitalisation, if premarket gains hold MICRON Technology shares rose nearly 14 per cent…
Business
Swiss National Bank holds interest rate at zero, cuts inflation forecast
The outcome shows the central bank setting a higher bar for moving negative than for a standard rate cut The Swiss National Bank kept its…
Business
Standard Chartered raises China 2026 GDP growth forecast to 4.6%
Standard Chartered revised its forecast for China’s 2026 gross domestic product growth to 4.6 per cent from 4.3 per cent, citing the…
Business
JPMorgan flips forecast, sees Fed cutting rates in December
The Federal Open Market Committee, led by Chair Jerome Powell, meets in Washington on Dec 9 and Dec 10 Economists at JPMorgan Chase see…
Business
Nvidia’s upbeat forecast soothes fears of AI spending bubble
Nvidia Corp, the world’s most valuable company, gave a strong revenue forecast for the current period, helping counter concern that a…
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Malaysia palm oil output to meet forecast despite monsoon season, says SD Guthrie
The arrival of the monsoon season has raised concerns about potential disruptions to Malaysian palm oil production over the next two…
Business
Japan’s Mizuho books 44% rise in Q2 profit, raises forecast
The company’s results show how Japan’s largest banks are cashing in on the end of ultra-low interest rates Japan’s Mizuho Financial Group…
Business
Sony raises profit forecast by 8%, cites lower tariff impact, anime strength
The Japanese conglomerate has become an entertainment powerhouse and is banking on the growth of anime Sony raised its operating profit…
Business
Qantas eases throttle on domestic outlook, trims first-half domestic revenue forecast
AUSTRALIAN flag carrier Qantas Airways on Friday cut its first-half domestic unit revenue outlook and nudged up its fuel bill, citing…
Business
Maersk lifts full-year profit guidance range, posts Q3 profit above forecast
Shipping group AP Moller-Maersk on Thursday (Nov 6) reported third-quarter operating profit above expectations and raised the lower end of…
Business
Vietnam Set for Stronger 2025 Growth as Standard Chartered Lifts Forecast to 7.5%
Standard Chartered Bank has raised its forecast for Vietnam's economic growth in 2025 to 7.5 per cent, up from the earlier projection of…