Oil falls slightly ahead of expected Opec+ output increase
Oil futures slipped slightly in thin holiday trading on Friday (Jul 4), as the market looked ahead to this weekend’s Opec+ meeting and the likelihood that member countries will decide to…
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Thai telco core profits expected to jump 38% in 2025, outpacing market: Maybank
The core earnings of Thailand’s telecommunications sector are expected to rise 38 per cent in 2025, outpacing the Stock Exchange of Thailand’s forecast growth of 6 per cent, a Maybank…
Time to raise bets on Malaysia semiconductor stocks on expected ‘market-friendly’ trade deal: UOBKH
Malaysian stocks could score near-term wins as the US’ “softening stance” on tariffs is expected to bring about market-friendly trade deals between the two countries, said UOB Kay Hian…
Oil prices ease on US tariff uncertainty ahead of expected Opec+ output boost
Oil prices fell slightly on Thursday as investors worried that US tariffs could slow energy demand ahead of an expected supply boost by major crude producers. Brent crude futures settled…
Nikkei 225 expected to trend higher if trade deals are inked
The Nikkei 225 Index Futures, traded in standard, mini, and micro contracts, is a derivative instrument based on Japan’s flagship equity benchmark, the Nikkei 225 Index. Its top three…
U.S. economy shrank more than expected in the first quarter
The U.S. economy shrank at a 0.5% annual pace from January through March as President Donald Trump’s trade wars disrupted business, the Commerce Department reported Thursday in an…
Fast-fashion giant H&M reveals 2nd quarter profits and it’s better than expected
Swedish fashion retailer H&M reported slightly stronger second-quarter profit on Thursday, an encouraging sign as CEO Daniel Erver tries to attract more shoppers with trendier clothes. H&M…
Mastercard partners with Fiserv to support new FIUSD token as stablecoin competition is expected to grow
Mastercard has announced a partnership with global fintech Fiserv’s new stablecoin, FIUSD, in an effort to make the stabilized cryptocurrency “mainstream.” The multinational card provider…
Big US banks expected to ace stress tests, boost dividends
The biggest US lenders are expected to clear the Federal Reserve’s annual health check this year, showing they have ample capital that can be used to boost dividends, analysts said. The…
Bally Expected to Stay the Course With Design Team
STEADY AT BALLY: Fashion’s revolving door continues to swing, but don’t expect a new creative director to join Bally any time soon. The Swiss brand has been going through major changes…
Americans differ with 'experts' on expected impact of Trump's tariffs on household bills
Most Americans believe the Trump administration's tariffs won't cost them nearly as much as the forecasted impact by prominent economic analysts, according to a recent J.G. Wentworth…
China keeps benchmark lending rates unchanged as expected in June
China kept benchmark lending rates unchanged as expected on Friday, after Beijing rolled out sweeping monetary easing measures a month earlier to support the economy. The one-year…
Deutsche Bank's deal-making business weaker than expected, CEO says
He says deals will be delayed, not cancelled, on the back of the US’ tariff policies Deutsche Bank’s origination and advisory business is not as strong as the German bank had…
Modest rise in Consumer Price Index shows Trump tariffs affecting inflation less than expected
Inflation rose at a cooler-than-expected rate in May, contradicting the concerns of some economists who predicted a bigger rise in prices due to President Trump's economic policies. Source…
Michael Jordan’s Classic Air Jordan 3 Is Expected to Get a New Restomod Update
Nigel Sylvester’s Air Jordan 4 RM collaborations were some of the most coveted sneakers of 2024 and after a reported Air Jordan 7 RM instead turned out to be a new model known as the…
Europe’s shipping bottlenecks expected to persist into July
Port congestion is worsening at key gateways in northern Europe and other hubs, according to a new report which suggests trade wars could spread maritime disruptions to Asia and the US and…
Memorial Day weekend will see a surge in road trips with record-breaking travel expected
The number of domestic travelers in the U.S. is expected to break a record for Memorial Day weekend that was set in 2005. AAA anticipates that 45.1 million people will travel 50 miles or…
Weakening US dollar expected to yield mixed impact for Singapore companies with significant exposure
Asian currencies have rallied against the US dollar on the back of concerns that US President Donald Trump’s tariff war will hurt the world’s largest economy. But market watchers warn that…
GE2025 results expected to have limited impact on Singapore stocks, say market watchers
While Saturday’s General Election (GE) offers a welcome signal for investors who value political stability, market watchers say its impact on the stock market is likely to be limited. On…
US Fed expected to pause cuts again and wait for clarity on tariffs
The US Federal Reserve is widely expected to extend a recent pause in rate cuts this week as it waits to see how US President Donald Trump’s stop-start tariff rollout affects the health of…
Car Prices Expected to Rise as Tariffs on Parts Kick In
The United States imposed 25 percent tariffs on imported auto parts on Saturday that could sharply raise prices for new and used vehicles as well as for repairs and insurance. The latest…
‘Rosario’ Draws Its Terror From the ‘Horrors and Real Life Death’ of the Migrant Experience: Mexicans Are Expected to Sacrifice Their ‘Own Identity’
SPOILER ALERT: This article contains spoilers about “Rosario,” now playing in theaters. “Rosario,” now in theaters from Mucho Mas Releasing, has several hallmarks of a traditional dark…
Trump has waged a war on public lands, water, and wildlife—and it’s worse than anyone expected
America’s federal public lands are unique, part of our birthright as citizens. No other country in the world has such a system. More than 640 million acres, including national parks,…
Spotify Adds More Premium Subs in Q1 Than Expected to Reach 268 Million, but CEO Warns of Near-Term ‘Noise’ Amid Economic Uncertainty
Spotify hauled in 5 million net new Premium subscribers for the first quarter of 2025, its highest Q1 gains in five years, but macroeconomic uncertainty could bring some near-term “noise,”…