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Maybank Securities has sounded a positive note for the outlook for the Thailand technology services sector, on the back of support from the banks and government. In a report dated Jun 6,…
Gold prices fell on Monday (Jun 9) as a stronger-than-expected US jobs report cooled expectations of interest rate cuts from the Federal Reserve, while optimism over easing trade tensions…
Oil prices edged lower on Friday but ended the week with their first gain in three weeks. Brent crude dipped 28 cents, or 0.4%, to $65.06 a barrel, retreating from a 13-month high, and…
Bank of England Governor Andrew Bailey said on Thursday that the central bank’s “gradual and careful” approach to future interest rate cuts was justified by ongoing uncertainty about the…
HP dropped about 15 per cent in extended trading after the company’s profit outlook fell short of estimates and it cut the annual earnings forecast, pointing towards a weaker economy and…
Interest costs eased for more Singapore-listed real estate investment trusts (S-Reits) in the first quarter of FY2025, even as looming US tariffs cast a shadow over their prospects for the…
The outlook for the structural advantage of US dollar assets looks to be relatively stable at present, said Monetary Authority of Singapore (MAS) chief Chia Der Jiun at the Qatar Economic…
Shares in CATL closed 16 per cent higher on their Hong Kong debut on Tuesday (May 20) after the Chinese electric vehicle battery giant raised US$4.6 billion in the world’s largest listing…
Maersk sees global container volume market in the range of 1% decline to growth of 4% this year Moller-Maersk, the Danish container giant, lowered its forecast for the global…
CrowdStrike reiterated its fiscal 2026 first quarter and annual forecasts on Wednesday and announced a plan to cut about 500 roles, roughly 5% of its workforce, to streamline operations…
Most of BMW’s rivals, including Mercedes-Benz, Ford and Stellantis, have all pulled their 2025 forecasts German premium carmaker BMW on Wednesday (May 7) confirmed its 2025 outlook…
Rivian Automotive said full-year deliveries will decline more sharply than it anticipated just a month ago, citing risks that US President Donald Trump’s trade war will further dampen…
Volkswagen’s premium brand Audi on Monday (May 5) kept its full-year guidance, with the caveat that any impact from US tariffs was not included, after its first-quarter revenue rose 12.4…
UBS on Wednesday (Apr 30) posted better-than-expected first-quarter net profit, but the Swiss bank warned of an uncertain outlook as US tariffs raise global growth fears even as the market…
Samsung Electronics on Wednesday dropped its business outlook for the current quarter and warned US tariff policies could cut demand for its key products such as smartphones. The…
Oil prices fell about 2 per cent to a two-week low on Tuesday as investors braced for Opec+ to boost output and worried US President Donald Trump’s tariffs would hit the global economy and…
CGS International (CGSI) has upgraded its recommendation for OUE Reit to “add” from “hold”, and raised its price target marginally to S$0.33 from S$0.32. In a report on Monday (Apr 28),…
German airline Lufthansa on Tuesday (Apr 29) confirmed its operating result forecast for 2025, offering what analysts deemed a more positive assessment than other airlines, but warned that…
Oil prices inched up in early trade on Monday but remained dogged by uncertainty over trade talks between the US and China clouding the outlook for global growth and fuel demand, while the…
The rally – led by private lenders – reflects growing investor confidence that the sector’s credit growth is recovering from last year’s slump Shares of Indian lenders rallied to…
Taiwan Semiconductor Manufacturing Co (TSMC) gave a bullish outlook for the year on robust demand for artificial intelligence (AI) applications, adding that while there was uncertainty…
European shares closed lower on Wednesday (Apr 16), weighed down by semiconductor-related stocks after the world’s biggest chip-making equipment supplier ASML warned that US tariffs were…
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BIRKENSTOCK Holding shares fell after the German shoe company opted to keep its outlook unchanged, even as sales of its high-end sandals and clogs jumped more than expected in the first…
