Business
Global companies hit by more than US$35 billion in US tariffs, but outlook stabilising
GLOBAL companies have flagged more than US$35 billion in costs from US tariffs heading into third-quarter earnings, but many are lowering…
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outlook
Business
Gold hovers near record high on renewed trade tensions, US rate outlook
Investors expect a 25-basis-point rate cut at the upcoming Fed meeting this month, with a similar reduction anticipated in December Gold…
Business
IMF warns of dim outlook for world economy hit by rolling shocks
The global economy is expected to grow by 3.2% this year, up from 3% predicted in July The International Monetary Fund warned that the…
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Gold hovers near record high on US shutdown concerns, Fed rate outlook
The metal has hit multiple record highs this year, with the latest one being US$3,871.45, hit on Sep 30 Gold prices edged higher on…
Business
RHB, Maybank keep ‘buy’ call amid Singtel sell-down, say long-term growth outlook still intact
This is despite the near-term outlook and share price of its subsidiary Optus being clouded by recurring outages Analysts on Tuesday (Sep…
Business
US: Wall Street indexes fall as data raises uncertainty for rate-cut outlook
US stocks were lower on Thursday, with most sectors down, as economic data increased uncertainty about the outlook for interest rate cuts.…
Business
US: Wall Street muted at open with Powell in spotlight for rate outlook
Wall Street’s main indexes were muted at open on Tuesday (Sep 23) as the recent tech-fuelled rally took a breather, while investors…
Business
BYD’s US$45 billion stock wipeout raises doubts on China outlook
BYD faces pressure to restore investor confidence after a US$45 billion stock sell-off, with growing concerns over its ability to fend off…
Business
ECB policymakers keep rate options open amid uncertain outlook
Another cut is entirely possible, says French central bank governor Francois Villeroy European Central Bank (ECB) policymakers were…
Business
More room for further DBS rally given clear dividend outlook, strong yields: analysts
There is more room for DBS’ share price to continue rising in the months ahead given the bank’s strong dividend outlook, analysts said.…
Business
Oracle shares jump to record on cloud infrastructure outlook
Oracle shares surged to a record in extended trading after the company posted a significant increase in bookings and gave an aggressive…
Business
China’s rate-cut outlook in doubt as stock rally stirs concern
Angst inside China’s halls of power over a massive stock rally risks delaying another major round of monetary stimulus, pushing the…
Business
Malaysia’s central bank pauses rate cuts, signals confidence in economic outlook
Bank Negara Malaysia left its benchmark interest rate unchanged at 2.75 per cent on Thursday (Sep 4), noting that the global economy is…
Business
Global Stocks Turn Cautious as Nasdaq Slides, Nikkei Declines, and Fed Outlook Weighs on Markets
Global markets were mixed Wednesday. Stocks Big tech shares sank on Wall Street, dragging the Nasdaq and S&P 500 lower, even as the Dow…
Business
Traders trim Fed-cut bets as wholesale inflation clouds outlook
Wall Street traders dialled back expectations for an interest-rate cut next month, sending Treasury yields higher, after fresh data on…
Business
Cisco sees AI sales picking up but sticks to cautious outlook
Cisco Systems, the largest maker of machines that run computer networks and the internet, gave a cautious forecast for the current fiscal…
Business
CGSI downgrades UOB to ‘hold’ following softer loans growth expectation; near-term outlook ‘uncertain’
CGS International (CGSI) analysts Tay Wee Kuang and Lim Siew Khee on Friday (Aug 8) downgraded local bank UOB to a “hold” call from a…
Business
Sony lifts outlook on entertainment demand despite tariff threat
The company’s image sensors business faces weak handset demand as well as seismic shifts in the supply chain Sony Group raised its…
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Jakarta’s land crackdown clouds outlook for Singapore-listed plantation firms
Singapore-listed palm oil firms with Indonesian exposure are treading cautiously as Jakarta pushes ahead with a sweeping land seizure. The…
Business
Cathay Pacific warns of declining airfares and uncertain cargo outlook, shares fall 10%
Cathay Pacific Airways on Wednesday (Aug 6) warned of declining airfares, challenges at its budget carrier and uncertain cargo market…
Business
Australia: Miners, banks propel shares to record high; RBA outlook in focus
AUSTRALIAN shares rose to a record peak on Wednesday, supported by strong performances among miners and banks, while investors almost…
Business
Apac logistics sector sees dampened near-term outlook but long-term growth plans unfazed: CBRE
Logistics occupiers across Asia-Pacific are looking beyond short-term market volatility and planning long-term investments, CBRE survey on…
Business
Rolls-Royce raises profit and cash flow outlook after strong H1
British aero-engineer Rolls-Royce raised its full-year outlook for both operating profit and free cash flow on Thursday (Jul 31) after it…
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Porsche cuts outlook as US tariffs, model revamp eat into profit
Porsche cut its outlook for the third time this year, with US President Donald Trump’s 15 per cent tariffs on European autos piling…