Slump

Porsche sales slump most in 16 years on poor China demand
Porsche sales slump most in 16 years on poor China demand
Its sales are down 26% as the nation’s economic slowdown hit consumers across all income brackets[BERLIN] Porsche’s deliveries fell 10 per cent last year, following weak demand for electric...
Vietnam stocks slump after state media report on alleged bond irregularities
Vietnam stocks slump after state media report on alleged bond irregularities
[HANOI] Vietnam’s main stock index fell to its lowest closing level in a month on Monday (Oct 20) after state media reported the results of a government agency’s investigation...
Delta electronics shares slump in Bangkok due to exchange curbs
Delta electronics shares slump in Bangkok due to exchange curbs
The stock has more than tripled in price from its April low, boosted by optimism over its role as maker of components for artificial-intelligence data centres[BANGKOK] Delta Electronics (Thailand)...
Thailand’s tourism slump and household debt weigh on its lenders
Thailand’s tourism slump and household debt weigh on its lenders
[BANGKOK] Thailand’s banks are grappling with weak lending amid high household debt, slowing tourism and sluggish consumer spending that risk dampening their outlook for the rest of the year. The...
Porsche plans more cost cuts to counter tariffs, China slump
Porsche plans more cost cuts to counter tariffs, China slump
It will start negotiations on additional reductions in the second half of this yearPublished Fri, Jul 18, 2025 · 09:39 PM[Stuttgart] Porsche warned its employees to brace for further...
Thailand’s Minor International leans on Europe to weather country’s tourism slump
Thailand’s Minor International leans on Europe to weather country’s tourism slump
[BANGKOK] Thailand’s flagging tourism sector, weighed down by a sharp drop in Chinese tourist arrivals, is hurting local hotel operators but the country’s hospitality giant Minor International (Mint) is...
Swiss watch exports slump in May as US tariffs shake market
Swiss watch exports slump in May as US tariffs shake market
Asia exports slump as shipments to China, Japan and Hong Kong plunge by double digits in latest dataPublished Thu, Jun 19, 2025 · 04:06 PM[ZURICH] Swiss watch exports dropped...
China’s rare earth exports slump in May as magnet sales curbed
China’s rare earth exports slump in May as magnet sales curbed
The data for last month shows the extent to which export controls in place since early April had curbed shipmentsPublished Wed, Jun 18, 2025 · 03:29 PM[BEIJING] China’s exports...
JD.com billionaire unveils turnaround plan after five-year slump
JD.com billionaire unveils turnaround plan after five-year slump
[BEIJING] JD.com founder Richard Liu vowed to speed up an overseas foray and compete with Meituan in new arenas from food delivery to travel, describing his boldest attempt yet...
Malaysia’s Petronas to cut more than 5,000 jobs after profits slump
Malaysia’s Petronas to cut more than 5,000 jobs after profits slump
The state-owned oil firm will also freeze promotions and hiring until December 2026Published Thu, Jun 5, 2025 · 05:46 PMMalaysia’s state-owned oil firm will reduce headcount by upward of...