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Japan Nov inflation likely accelerated, exports up on weak yen: Reuters poll
[ad_1] TOKYO (Reuters) - Japan's core consumer price inflation probably accelerated in November, driven by persistently high rice prices and the phasing out of utility subsidies, a Reuters poll showed...
China’s yuan falls to one-year low on weak growth, tariff risk
[ad_1] THE yuan fell to the lowest level in about a year versus the greenback, as traders added bearish wagers on lacklustre China growth amid risks of higher US tariffs.The...
HP, Dell’s weak forecasts spark share sell-off, doubts over PC market recovery
[ad_1] SHARES of Dell and HP fell on Wednesday (Nov 27) after the personal computer makers issued forecasts that cast doubt on a market recovery driven by artificial intelligence-enabled PCs.
Dell...
China Oct industrial profits narrow decline but demand remains weak
[ad_1] By Qiaoyi Li, Joe Cash and Liangping Gao BEIJING (Reuters) -China's October industrial profits narrowed their earlier declines, helped by a low base the previous year, official data showed...
India’s Tata Motors posts surprise Q2 profit drop on weak sales
[ad_1] INDIA’S Tata Motors reported a surprise drop in second-quarter profit and its first revenue decline in 10 quarters on Friday (Nov 8), hurt by weakness in both its luxury...
Richemont profit slumps on weak China demand for luxury watches
[ad_1] RICHEMONT reported a slump in profit in the first half as the Swiss luxury group’s watchmaking division suffered from cooling demand in China.
The Cartier owner reported 2.2 billion...
Pinterest gives weak holiday forecast as it lags behind peers
[ad_1] PINTEREST fell in late trading after forecasting weak sales for the holiday quarter, a sign the search and discovery network is struggling to keep pace with larger peers such...
Honda still optimistic about sales despite weak second quarter
[ad_1] HONDA Motor raised its full-year guidance despite turning in second-quarter results that fell short of analyst estimates. Its shares slumped as much as 8.2 per cent.The Japanese carmaker is...
Greenback rebounds against most major units after weak jobs data; traders eye US election
[ad_1] THE US dollar rose against the euro and rebounded against most major currencies on Friday (Nov 1) after traders digested data showing US job growth slowed sharply in October...
DHL cuts earnings outlook on weak B2B volumes
[ad_1] DHL cut its guidance for 2024 earnings before interest and taxes (Ebit) on Wednesday (Oct 30), citing continuously weak business-to-business mail volumes and lower-than-expected margins in its air freight...
