Warns
Bank of Korea warns of economic hit if property slump lasts
THE Bank of Korea (BOK) warned on Thursday (Mar 28) that a further slump in the real estate sector would undermine broader economic activity, as it pointed to worsening...
China’s Bank of Communications posts slight profit gain, warns of property risks
CHINA’S Bank of Communications (BoCom), said on Wednesday (Mar 27) it needed to improve risk control of its property-sector related business, after posting tepid 2023 profit growth.BoCom, the first...
Australia’s central bank warns of another tough year for borrowers, businesses
AUSTRALIA’S central bank expects another tough year for households and businesses, signalling little rate relief in months ahead, but judged the banking sector was well capitalised to absorb any...
CK Hutchison warns growth risks building after profit drops
CK HUTCHISON Holdings reported its steepest drop in profit since 2015 and struck a cautious tone for the year ahead as uneven growth and heightened geopolitical risks weigh on...
Adidas warns of 2024 sales decline in overstocked North America market
GERMAN sportswear giant Adidas said on Wednesday (Mar 13) it expects a decline in its sales in North America this year, blaming a still-overstocked market there, as the company...
Adidas posts first loss in 30 years and warns on US
GERMAN sportswear giant Adidas posted its first annual loss in more than 30 years on Wednesday (Mar 13) and warned sales in North America would fall again as sportswear...
US Embassy Warns of Major Extremist Attack in Moscow as Security Forces Neutralize ISIS Cell Plotting Synagogue Attack
The U.S. embassy in Russia issued a warning regarding potential major extremist attack in Moscow, shortly after Russian security services claimed to have thwarted a planned attack on a...
Lufthansa warns latest two-day strike will hit 200,000 travellers
DEUTSCHE Lufthansa expects the latest two-day strike by ground crews to disrupt travel for more than 200,000 passengers, putting pressure on the German airline to negotiate a deal. Labour...
