Business
Rupiah may sink past record low as fiscal woes erode BI support
The central bank is expected to keep its policy rate unchanged when it meets on Wednesday to anchor the currency Indonesia’s rupiah looks…
Tag
Woes
Business
Aletheia Capital downgrades Wilmar to ‘sell’, cuts target to S$2.50 on legal woes
Aletheia Capital has lowered its rating on Wilmar International from “buy” to “sell” on the belief that the agribusiness group’s recent…
Business
Air India lobbies to use airspace over China’s Xinjiang as financial woes mount
The airline has been seeking to rebuild its reputation and international network after a London-bound Boeing 787 Dreamliner crashed in…
Unsorted
Wealthy Asian families face succession woes as scions have different ambitions, mindsets: report
The preferences of the younger set should be factored into succession planning, and professionalisation is the pragmatic solution The next…
Business
mm2 Asia’s woes deepen as UOB demands S$74.6 million payment
Entertainment group mm2 Asia on Monday (Nov 10) said in a bourse filing that UOB has demanded repayment of about S$74.6 million from the…
Business
Indonesian bonds hit by foreign fund outflows on policy woes
Foreign investors sold Indonesian government bonds again last month, underscoring concerns over the government’s plans to increase…
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
Gold holds drop as traders focus on US-China trade, credit woes
Gold steadied following a sharp drop for precious metals on Friday (Oct 17), with traders weighing the latest developments in trade…
Business
Dublin office woes hit private equity firms from Blackstone to Brookfield
The city’s vacancy rate has doubled in the last six years, exceeding the 10% reached in Paris and 8% in London and Lisbon A PARTIALLY…
Business
Gold hits record high on Fed rate-cut bets, US-China trade woes
Investors are pricing in a near-certain chance of a 25-basis-point Fed rate cut in both October and December Gold rose to a fresh high…
Business
Europe: Stoxx 600 ends near one-month low as bond yields rise on fiscal woes
EUROPEAN shares finished near one-month low on Tuesday after a broad-based selloff, driven by a rise in bond yields as investors grew…
Business
Ticker glitch, rising competition deepen woes for Australian bourse
ASX is grappling with rising regulatory pressure and intensifying competition, as shares of Australia’s main exchange operator trail most…
Unsorted
Airbus said to deliver fewer aircraft in July amid engine woes
The world’s biggest planemaker has delivered around 370 planes in the first seven months of 2025, less than half its annual goal Airbus…
Business
BMW profits slump on China woes, US tariffs
BMW said on Thursday (Jul 31) its profits slumped by a third in the second quarter as the German premium carmaker was hit hard by falling…
Business
Mercedes-Benz profit plunges on tariff, China woes
Premium German carmaker Mercedes-Benz said Wednesday (Jul 30) its second-quarter profit plunged nearly 70 per cent due to US tariffs and…
Business
Samsung’s big Tesla order fuels recovery bets despite chip woes
Samsung Electronics’ surprise US$16.5 billion chipmaking deal with Tesla has breathed new life into a foundry business all but written off…
Business
Swatch Group H1 Profits Down 88%, As Greater China Woes Continue
PARIS – China continues to weigh heavily on the Swatch Group, with the company posting Thursday an 88 percent slump in first-half net…
Business
UBS downgrades Thai stocks to neutral as political woes weigh
Group strategists downgraded Thai stocks to neutral from overweight, citing recent political uncertainty which could impact policy…
Lifestyle
South-east Asia’s budget airlines bet on travel demand, despite competition woes
South-east Asia’s biggest budget airlines are pursuing a bruising capacity expansion race despite rising cost pressures that are squeezing…
Unsorted
COE woes: When emotions get in the way of efficiency
SINGAPORE’S policymakers have always had an eye on efficiency. But efficiency may not be a convincing aim for citizens – as seen, for…
Culture
Disney lays off hundreds in film, TV as industry woes linger
Walt Disney is laying off several hundred employees across its film and TV businesses, cuts that underscore the entertainment industry’s…
Business
LVMH said to warn of continued luxury weakness on China woes
LVMH is warning investors and analysts that demand remains soft after the luxury conglomerate missed revenue estimates for the first three…
Business
Indonesia reserves drop most in almost two years on rupiah woes
Bank Indonesia has stepped up intervention this year and last month began intervening in the offshore non-deliverable forwards market…
Business
Europe: Stoxx 600 clocks second consecutive monthly loss hit by tariff woes
European shares closed higher in a volatile session on Wednesday (Apr 30) as investors assessed key data around the world and corporate…