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GLOBAL companies have flagged more than US$35 billion in costs from US tariffs heading into third-quarter earnings, but many are lowering their initial forecasts as new trade deals reduce…
“I don’t think it’s believable to tell the American people that while we control the White House, the House, and the Senate, that we can’t return to work in Washington, D.C., because Chuck…
The global economy is expected to grow by 3.2% this year, up from 3% predicted in July The International Monetary Fund warned that the global economy is showing signs of strains from…
The International Energy Agency (IEA) on Tuesday (Oct 7) cut its global forecast for renewable power growth by 2030 by 900 gigawatts (GW) from last year’s outlook, citing weaker prospects…
The metal has hit multiple record highs this year, with the latest one being US$3,871.45, hit on Sep 30 Gold prices edged higher on Wednesday (Oct 1), hovering near record levels as the US…
US stocks were lower on Thursday, with most sectors down, as economic data increased uncertainty about the outlook for interest rate cuts. Data showed initial jobless claims dropped 14,000…
Wall Street’s main indexes were muted at open on Tuesday (Sep 23) as the recent tech-fuelled rally took a breather, while investors awaited Federal Reserve chair Jerome Powell’s remarks on…
I’m a big fan of efficiency, mostly because I’m also a big fan of doing as little work as possible while still getting things done. Thankfully, Microsoft Outlook is packed with hidden gems…
We can also, theoretically, create wormhole shortcuts through space-time. But that doesn’t mean we can actually do it, never mind by 2050. Even those forms of electrification within reach…
At the same time, rivals including Geely Automobile Holdings and Zhejiang Leapmotor Technology are gaining ground BYD faces pressure to restore investor confidence after a US$45 billion…
Another cut is entirely possible, says French central bank governor Francois Villeroy European Central Bank (ECB) policymakers were keeping their options open on Friday (Sep 12) about…
There is more room for DBS’ share price to continue rising in the months ahead given the bank’s strong dividend outlook, analysts said. Market watchers noted that DBS’ capital return plans…
The PBOC has already had to negotiate an obstacle course of competing priorities to help an economy caught in a second trade war with the US Angst inside China’s halls of power over a…
Bank Negara Malaysia left its benchmark interest rate unchanged at 2.75 per cent on Thursday (Sep 4), noting that the global economy is expanding but remains fragile. The decision to keep…
Macy’s Inc. beat its own expectations for top and bottom line second-quarter results, lifted by investments in top Macy’s doors and solid performances at Bloomingdale’s and Bluemercury.…
Kohl’s shares are soaring again—and this time it’s not just a meme stock. The department store chain’s shares surged on Wednesday as the company raised its full-year financial outlook and…
Wall Street traders dialled back expectations for an interest-rate cut next month, sending Treasury yields higher, after fresh data on wholesale prices signalled tariffs are pushing up…
Cisco Systems, the largest maker of machines that run computer networks and the internet, gave a cautious forecast for the current fiscal year, even as sales from artificial intelligence…
Stocks on the local bourse ended lower on Tuesday (Aug 12) for the third consecutive session. The decline occurred despite gains in most regional markets, and an upgrade in Singapore’s…
CGS International (CGSI) analysts Tay Wee Kuang and Lim Siew Khee on Friday (Aug 8) downgraded local bank UOB to a “hold” call from a prior “add” rating on the back of “earnings…
Australia’s central bank is poised to deliver its third interest-rate cut this year as inflationary pressures ebb, while governor Michele Bullock is expected to stick with her cautious…
I don’t know if you’ve noticed, but email scams are getting surprisingly sophisticated. We’ve had a handful of instances here at The Intelligence International Headquarters where we’ve had…
Ralph Lauren Corp. charged past first-quarter expectations and raised its outlook for the full fiscal year, even with some trepidation over how consumers will react to the impact of higher…
The company’s image sensors business faces weak handset demand as well as seismic shifts in the supply chain Sony Group raised its earnings forecast on Thursday (Aug 7) after a…
