BYD leads Chinese automaker sell-off on weakening sales
The sell-off highlights rising investor concern that China’s carmakers face a prolonged slowdown Shares of BYD sank to their lowest level in at least a year on Monday (Feb 2),…
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Weakening
Major Australian pension fund trimming US dollar exposure on weakening outlook
Australia’s second-biggest pension fund says it is reducing its exposure to the US dollar through currency hedging as falling interest rates and ongoing global volatility have investors…
How Trump Might Be Cashing In on a Weakening Dollar
Trump’s most outrageous abuse of power involving cybercurrency was to lift national-security restrictions on exports of AI computer chips to the United Arab Emirates two weeks after the…
Taiwan’s “silicon shield” could be weakening
Squarely in the middle Taiwan’s modern security uncertainties stem from the long-contested issue of the island’s sovereignty. After losing the first Sino-Japanese War in the late 1800s,…
US dollar strengthens against Singapore dollar, reverses broad weakening trend this year
The US dollar has climbed nearly 1.5 per cent in the past six days, reversing a downward trend that has persisted for much of this year. The US dollar index (DXY) posted a high of…
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…
Weakening greenback to benefit Singapore firms with significant exposure to debts, costs in US dollar
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…
P&G misses quarterly sales estimates on weakening demand in US, China
PROCTER & Gamble missed Wall Street expectations for first-quarter sales on Friday (Oct 18), as consumers in its major markets, the US and China, switched to cheaper household and personal…
Samsung’s profit recovery seen weakening in Q3
SAMSUNG Electronics is expected to flag more than a four-fold jump in quarterly profit on Tuesday (Oct 8) on improving demand for chips, but the pace of its recovery is weakening, as it is…