Forecast

South Korea central bank cuts rate, slashes 2025 growth forecast
South Korea central bank cuts rate, slashes 2025 growth forecast
May 29, 2025
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
Nvidia gives solid forecast, even as China slump mars growth
May 28, 2025
[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
Japan’s megabanks forecast more record profits despite tariff uncertainty
May 15, 2025
[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
Palantir sales forecast falls short of Wall Street’s hopes
May 6, 2025
[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
Palantir sales forecast falls short of Wall Street’s hopes
May 6, 2025
[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
May 2, 2025
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 cloud revenue, income forecast disappoint, shares slide
May 1, 2025
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...
GM pulls forecast due to tariffs as nervous consumers rush to buy
GM pulls forecast due to tariffs as nervous consumers rush to buy
April 29, 2025
[DETROIT] General Motors has pulled its annual forecast, reflecting the uncertain effects of US President Donald Trump’s global trade war, even as it reported strong quarterly results.The Detroit automaker’s...
Footwear brand Skechers pulls annual forecast on trade uncertainty, shares drop
Footwear brand Skechers pulls annual forecast on trade uncertainty, shares drop
April 24, 2025
[BENGALURU] Skechers on Thursday (Apr 24) withdrew its annual results forecast as the Trump administration’s erratic trade policies fuel economic uncertainty, sending the footwear maker’s shares down 7 per...
Intel delivers disappointing forecast, moves to slash jobs
Intel delivers disappointing forecast, moves to slash jobs
April 24, 2025
[SAN FRANCISCO] Intel, the chipmaker attempting a comeback under new chief executive officer Tan Lip-Bu, gave a weak forecast for the current period and said it’s cutting workers to...