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Bearish outlook persists for WTI
WEST Texas Intermediate (WTI) crude oil prices have remained weak this year, down 18 per cent year-to-date at the time of writing. After a…
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outlook
Business
Asian traders cheer US rate cut but gains tempered by outlook
MOST Asian markets rose on Thursday as traders welcomed the Federal Reserve’s third straight interest rate cut, though the euphoria was…
Business
New Zealand central bank says policy path not preset, guided by inflation outlook
New Zealand’s top central banker said on Wednesday that there was no preset course for monetary policy and that adjustments would be made…
Business
UOBKH initiates coverage on UltraGreen.ai with ‘buy’ on optimistic growth outlook
The company is well-positioned to benefit from potential growth in the fluorescence-guided surgery market, say UOBKH analysts UOB Kay Hian…
Business
Li Auto adds to gloomy China EV outlook with revenue miss
In Q3, the company’s revenue fell 36%, the worst drop since its US listing in 2020 Li Auto’s fourth quarter forecasts fell short of…
Business
Interparfums SA Stock Plunges Following Adjusted Full-Year Outlook
PARIS – Interparfums SA stock deeply declined Wednesday morning after the publication of its new outlook for 2025. “Despite the slowdown…
Business
Temu-owner PDD Holdings beats profit expectations, outlook uncertain
Adjusted earnings per share of 21.08 yuan (S$3.86) beat analysts’ average forecast of 16.84 yuan China’s PDD Holdings beat forecasts on…
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Oil prices fall on Opec 2026 supply outlook
Oil prices fell more than US$2 a barrel on Wednesday, weighed down by an Opec report saying global oil supply will match demand in 2026,…
Business
Outlook for UOB lags DBS, OCBC amid spotlight on asset quality in Q3
Analysts remain positive on DBS and OCBC given resilient results supported by strong non-interest income Market outlook for UOB has turned…
Business
UOB outlook lags that of DBS, OCBC amid spotlight on asset quality in Q3
Analysts remain positive on DBS and OCBC given resilient results supported by strong non-interest income The market outlook for UOB has…
Business
Honda cuts annual operating profit outlook on EV cost hit, slow Asia sales
It cut its operating profit forecast for the year through March 2026 to 550 billion yen (S$4.67 billion) from 700 billion yen Honda Motor…
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
Ringgit rises to 13-month high on fading rate-cut view, growth outlook
THE Malaysian ringgit gained to the strongest in more than a year on fading expectations for a central bank interest-rate cut and by…
Business
SIA Engineering: analysts upgrade the stock as growth, supply chain outlook improves
The analysts’ upbeat outlook comes on the back of the company’s Q2 results, in which net profit is up 13.5% at S$40.4 million Analysts are…
Business
Investors Cheer Steve Madden’s Brightening Outlook
Steven Madden Ltd. CEO Edward Rosenfeld had great news about the shoe firm’s prospects, and investors cheered. Shares of Madden spiked…
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Toyota raises profit outlook, bets it can ride out tariffs
The world’s top-selling carmaker now expects operating profit of 3.4 trillion yen (S$28.9 billion) for the financial year to end-March…
Business
‘All the signs are positive’: Manulife US Reit manager sees improved outlook on US office recovery
Some 81,000 sq ft of leases have been executed in the quarter, making up 2.3% of the portfolio’s net lettable area The manager of Manulife…
Business
AMD’s outlook fails to wow investors after AI-fuelled rally
Investors have bet heavily on the company following blockbuster agreements with OpenAI and Oracle Advanced Micro Devices (AMD), the main…
Business
Asia: Markets swing as trades eye tech rally, US rate outlook
ASIAN markets fluctuated on Tuesday as investors assessed the latest tech rally on Wall Street amid worries a bubble is forming in the…
Business
Gold holds under US$4,000 on dollar resilience, Fed rate-cut outlook
Bullion hit a record high of US$4,381.21 on Oct 20, but have fallen close to 10% since Gold traded below the US$4,000 per ounce mark again…
Business
Malaysian ringgit nears one-year high on rate outlook, growth optimism
The country’s trade-dependent economy has been buoyed by signs that global demand is picking up Malaysia’s ringgit is hovering near its…
Business
Ringgit nears one-year high on rate outlook, growth optimism
The country’s trade-dependant economy has been buoyed by signs that global demand is picking up Malaysia’s ringgit is hovering near its…
Business
CDLHT poised to benefit from interest-rate cuts as hotel outlook improves
CDL Hospitality Trusts (CDLHT) is shaping up to become one of the key beneficiaries of falling interest rates. The weighted average cost…
Business
StanChart raises outlook as quarterly profit beats estimate
The performance is largely a result of the bank’s wealth management unit and global banking STANDARD Chartered lifted its income and…