Slump
Tesla is running out of excuses for its prolonged sales slump
TESLA is expected to report another quarter of weaker sales, and it’s running out of alibis.
Analysts are estimating the carmaker will report on Tuesday (Jul 2) that it handed...
Indonesia’s auto sales slump as savings erode and borrowing costs rise
Carmakers pin hope on fresh incentives to boost sales as economic woes take their toll [JAKARTA] Indonesia’s ambitions to become a key player in the electric vehicle (EV) industry...
Asian currencies slump to lowest since 2022 on US dollar strength
ASIAN currencies slumped to their weakest in more than 19 months after the US dollar strengthened amid the prospect that US interest rates may stay higher for longer.The Bloomberg...
Nvidia enters correction territory as slump erases US$430 billion
NVIDIA shares entered correction territory on Monday (Jun 24), as an ongoing sell-off erased a historic amount of value for the artificial intelligence (AI) focused chipmaker.
The stock fell 6.7...
Nvidia enters correction territory as slump erases US$430 billion
NVIDIA shares entered correction territory on Monday (Jun 24), as an ongoing sell-off erased a historic amount of value for the artificial intelligence (AI) focused chipmaker.
The stock fell 6.7...
Cosmetics chain Sa Sa plans Asia expansion to escape Hong Kong slump
HONG Kong’s biggest cosmetics chain, Sa Sa International Holdings, is planning to further expand in mainland China and South-east Asia, to help make up for the sluggish post-Covid recovery...
Yen’s six-day slump highlights risk of Japan intervention
THE yen capped its longest losing streak since March and closed at a 34-year low, ramping up the risk that Japanese officials will once again step in to prop...
Thai bourse picks outsider for new president amid market slump
THE Stock Exchange of Thailand has picked an outsider to lead the bourse out of one of its worst periods in five decades amid a share price slump, an...
