Grand Banks Yachts Q3 profit falls 42.4% to S$2.3 million on weaker margins, higher costs
Grand Banks Yachts posted a 42.4 per cent drop in net profit to S$2.3 million for the third quarter ended ...
Tag: Costs
Jack Ma-backed Ant’s profit fell 31% on AI, new business costs
Ant Group’s quarterly profit fell 31 per cent as the firm invested in artificial intelligence and other initiatives to bolster ...
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 ...
Frasers Hospitality Trust H1 DPS falls 6% to S$0.010257 on higher finance costs
Frasers Hospitality Trust on Tuesday (May 6) posted a 6 per cent drop in distribution per stapled security (DPS) to ...
‘Hostile and political act’: White House clashes with Amazon over idea to disclose tariff costs
The White House on Tuesday blasted Amazon over a proposal to show the cost of President Trump’s tariffs next to ...
Volvo Cars to cut costs by 18 billion Swedish crowns as earnings drop
Published Tue, Apr 29, 2025 · 01:46 PM Sweden-based Volvo Cars launched cost cuts of 18 billion Swedish crowns (S$2.4 ...
US pharma tariffs would raise US drug costs by US$51 billion annually, report finds
A 25 per cent US tariff on pharmaceutical imports would increase US drug costs by nearly US$51 billion annually, boosting ...
Renault to cut costs as US tariffs lash car market
French carmaker Renault said on Thursday (Apr 24) it will seek to further cut costs as US tariffs shake up ...
Offshore renminbi funding costs in Hong Kong sink to record low
The cost to borrow the offshore renminbi in Hong Kong dropped to the lowest since data became available in 2013, ...
Luxury brand Hermes to pass on tariff costs to US clients as sales growth slows
France’s Hermes will fully shift the burden of tariffs in the US to its wealthy clientele, the company said on ...
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