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…
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Business
Maersk sees better safety in Red Sea as it eyes eventual return
Shippers have been routing their vessels around Africa, adding thousands of miles and costs to voyages AP MOLLER-MAERSK said that the…
News
Gaza Strip sees flooding after heavy rainfall
Heavy rainfall in Israel and the Palestinian Territories has caused severe flooding in the largely destroyed Gaza Strip. Palestinian media…
Business
Barclays sees surge in Africa, Asia cross-border deal flows
The Middle East, India and Singapore are doing more transactions in the region, and this will likely increase in 2026 Barclays has a…
Business
Starbucks Malaysia operator sees business rebound after boycotts
The company is also preparing to expand in Nordic countries, where it has the rights to the brand The operator of Starbucks in Malaysia…
Business
Thai central bank sees room for rate cut, wants a weaker baht
THAILAND’S newly-appointed central bank governor says the baht should be weaker to reflect economic fundamentals, and there is room to…
Business
DBS CEO Tan Su Shan sees tech-led growth in China despite property slowdown
China’s push into deep technology and artificial intelligence is creating pockets of growth despite an uneven recovery in its property…
Business
Nvidia CEO Huang sees strong demand for Blackwell chips
[HSINCHU, Taiwan] Nvidia CEO Jensen Huang on Saturday said the semiconductor giant is experiencing “very strong demand” for its…
Business
Bank of America’s Asia-Pacific president sees a silver lining in US dollar volatility
Investments in South-east Asia to flow to digital infrastructure, data centres, healthcare, says BOA’s Jin Su The US dollar has lost…
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
Indonesia central bank chief sees room for another rate cut
Indonesia’s central bank governor said on Monday (Nov 3) there was still room for another interest rate cut, but the timing would depend…
Business
Philippine central banker sees more easing as graft woes weigh
The Philippine central bank may cut its key interest rate again in December and further next year, as the economic fallout from a…
Business
Wells Fargo CEO says credit is strong, sees no cracks in banking system
Credit among consumers and businesses remains strong, despite recent concerns about loan losses that have weighed on bank stocks, Wells…
Business
Sea CEO Forrest Li sees path to US$1 trillion market cap with help of AI
But the company is battling deep-pocketed global challengers, including TikTok Shop and Lazada SEA founder Forrest Li told employees that…
Business
United sees demand ‘strengthening’ as profits edge lower
UNITED Airlines reported a slight dip in profits on Wednesday as operating expenses ticked higher, adding that a strengthening demand…
Business
Market sees higher ship refinancing amid conflicts between US and China
Likely beneficiaries of the spat are shipowners that are neither Chinese nor American, such as Singapore-based players With the US levying…
Business
Foxconn sees limited impact from China rare earths curbs for now
The company has been riding the wave of the AI boom and reported earlier this month record third-quarter revenue Taiwan’s Foxconn, the…
Business
Crypto sees more than US$6 billion in liquidations
(Bloomberg) – Cryptocurrency prices tumbled after US President Donald Trump said he would impose an additional 100 per cent tariff on…
Business
October Prime Day Sees Footwear Deals Up to 70% Off on Nike, New Balance, Cole Haan, Ugg and More
If you purchase an independently reviewed product or service through a link on our website, WWD may receive an affiliate commission.…
Business
JPMorgan sees end of ‘private-for-longer’ mantra for startups
After years of facing requests from startups to help them stay private for longer, JPMorgan Chase’s clients are starting to sing a…
Business
Fu Yu closes investigations into supply chain unit, sees ‘no merit’ in taking action against individuals involved
Precision manufacturer Fu Yu Corporation will close its investigations into irregularities at its wholly owned supply chain unit, and will…
Business
BYD sees first sales decline in 18 months amid fierce competition in China’s EV market
The decline comes as the company slashed its sales goal for this year by 16% to 4.6 million units Electric vehicle juggernaut BYD’s…
Business
Nomura to boost rates and FX trading units, sees more market volatility
The push reflects growing doubts around the longevity of the current equities bull run Japan’s Nomura Holdings plans to beef up its…
Business
FedEx sees sales growth in sign of parcel demand rebound
The company expects revenue to grow by as much as 6% this year compared with a 1.2% average gain forecast by analysts FedEx reinstated its…