Business
Bullish outlook seen for Hang Seng Tech Index
The Hang Seng Tech Index, which tracks the 30 largest technology companies listed in Hong Kong with high business exposure to technology…
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outlook
Business
VW cuts outlook after US tariffs added 1.3 billion euros in costs
Volkswagen lowered its financial outlook for the year, with the escalating cost of President Donald Trump’s tariffs weighing on earnings…
Business
Britain's Lloyds says profits up 5%, even as economic outlook dims
Statutory profit before tax for the first six months of the year was £3.5 billion Lloyds Banking Group reported its profit for the first…
Business
UOBKH initiates coverage on Lum Chang Creations with “buy” call on strong growth outlook
UOB Kay Hian (UOBKH) has initiated coverage on Lum Chang Creations (LCC), assigning the interior fit-out business a “buy” call and a…
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Indonesia bonds may gain more on dovish policy, fiscal outlook
Bank Indonesia’s (BI) dovish stance and easing concerns over the nation’s fiscal policy are fuelling expectation that government bonds…
Business
Oil rises over 2% as investors weigh market outlook, tariffs, sanctions
Oil prices rose over 2 per cent on Friday (Jul 11) as the International Energy Agency (IEA) said the market was tighter than it appears,…
Business
Delta Air Lines offers upbeat outlook on travel demand, lifting shares
Shares of Delta Air Lines rocketed higher on Thursday after the carrier reported better-than-expected profits and reinstated its full-year…
Business
US: Wall St opens muted; airline stocks jump on Delta's outlook
Wall Street opened muted on Thursday (Jul 10), taking a breather after Nvidia’s US$4 trillion sprint, while airline stocks jumped…
Business
DBS downgrades Genting Singapore shares, lowers target price, on tariffs dampening outlook
DBS on Thursday (Jul 10) downgraded shares of Genting Singapore to a hold rating, and also lowered its target price. This is as…
Business
Reserve Bank of Australia poised for back-to-back rate cuts as tariffs darken outlook
Australia’s central bank is set to deliver its first back-to-back interest rates cuts in six years, stepping up its easing cycle as…
Business
Malaysia rate cut bets grow as tariff talks weigh on outlook
Expectations are growing for Malaysia’s central bank to cut interest rates at its policy meeting on Jul 9, which is also the deadline for…
Business
Australia cuts commodity export outlook despite gold price gain
Earnings from thermal coal will also decline, while its steelmaking counterpart will hold steady Australia cut its forecast earnings from…
Business
Europe: Stocks muted as investors gauge US interest rate outlook
EUROPEAN stocks seesawed throughout Thursday before closing largely flat, as investors weighed the latest signals on the US interest rate…
Business
Despite softer retail outlook, most S-Reits with Singapore retail assets record double-digit positive rent reversions
Seven Singapore-listed real estate investment trusts (S-Reits) with local retail assets have recorded improvements in revenue and net…
Business
Hong Kong Monetary Authority says outlook for local currency uncertain
The city’s de-facto central bank has made the comments in response to the US Federal Reserve’s overnight decision to keep rates unchanged…
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Gold rises on Middle East tensions, but Fed’s cautious outlook caps gains
Gold prices edged higher on Thursday (Jun 19), supported by safe-haven demand amid uncertainty in the Middle East, although gains were…
Business
Thai tech services outlook remains positive amid recession fears: Analyst
Maybank Securities has sounded a positive note for the outlook for the Thailand technology services sector, on the back of support from…
Business
Gold falls on strong US jobs data and improved trade outlook
Gold prices fell on Monday (Jun 9) as a stronger-than-expected US jobs report cooled expectations of interest rate cuts from the Federal…
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Oil Prices End Week Higher as US–China Talks Lift Outlook
Oil prices edged lower on Friday but ended the week with their first gain in three weeks. Brent crude dipped 28 cents, or 0.4%, to $65.06…
Business
Bank of England’s Bailey says uncertain outlook demands careful approach to rate cuts
Bank of England Governor Andrew Bailey said on Thursday that the central bank’s “gradual and careful” approach to future interest rate…
Business
HP plunges after cutting profit outlook on tariffs, economy
HP dropped about 15 per cent in extended trading after the company’s profit outlook fell short of estimates and it cut the annual earnings…
Business
Cyclical, structural factors can affect current advantage of US dollar assets although outlook is stable for now: MAS chief
The outlook for the structural advantage of US dollar assets looks to be relatively stable at present, said Monetary Authority of…
Business
CATL’s strong Hong Kong debut boosts outlook for Chinese companies’ fundraising
Shares in CATL closed 16 per cent higher on their Hong Kong debut on Tuesday (May 20) after the Chinese electric vehicle battery giant…
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BMW sticks to 2025 outlook, but warns US tariffs will bite this quarter
Most of BMW’s rivals, including Mercedes-Benz, Ford and Stellantis, have all pulled their 2025 forecasts German premium carmaker BMW on…