Forecast
AI demand drives chip equipment sales forecast to new highs but tariff jitters cloud outlook
[SINGAPORE] Fuelled by the explosive demand for artificial intelligence (AI), global semiconductor manufacturing is poised for growth, with equipment sales projected to hit a record US$121 billion this year...
South Korea central bank cuts rate, slashes 2025 growth forecast
Published Thu, May 29, 2025 · 10:17 AM[SEOUL] South Korea’s central bank cut interest rates on Thursday in a bid to cushion the export-dependent economy from US President Donald...
Nvidia gives solid forecast, even as China slump mars growth
[SAN FRANCISCO] Nvidia, the world’s most valuable chipmaker, gave an upbeat revenue forecast for the current period, even as a slowdown in China weighed on results.Sales will be about...
Japan’s megabanks forecast more record profits despite tariff uncertainty
[TOKYO] Japan’s three largest banking groups posted record annual net profit in the last financial year, benefitting from increased corporate activity due to the end of deflation in Japan.
The...
Palantir sales forecast falls short of Wall Street’s hopes
[SAN FRANCISCO] Palantir Technologies dropped more than 8 per cent in late trading on Monday (May 5) after its results failed to live up to investors’ loftiest expectations for...
Palantir sales forecast falls short of Wall Street’s hopes
[SAN FRANCISCO] Palantir Technologies dropped more than 8 per cent in late trading on Monday (May 5) after its results failed to live up to investors’ loftiest expectations for...
General Motors Cuts 2025 Profit Forecast as Tariffs Undercut $5 Billion, Plans US Expansion
The year 2025 has been a tumultuous one for the US auto industry, with changing trade policies causing significant upheaval, with General Motors (GM) coming under pressure with a...
Amazon cloud revenue, income forecast disappoint, shares slide
AMAZON.COM on Thursday reported first-quarter cloud revenue growth and forecast operating income below estimates, disappointing investors.Shares of the company fell as much as 5 per cent in after-hours trading...
