Weak

BOJ cuts bond buying in regular operation as yen stays weak
BOJ cuts bond buying in regular operation as yen stays weak
May 13, 2024
The Bank of Japan offered to purchase a smaller amount of government bonds in a regular operation on Monday (May 13) than it did on April 24 as it...
BlackRock warns weak yen deters foreigners from Japan stocks
BlackRock warns weak yen deters foreigners from Japan stocks
May 13, 2024
THE yen’s weakness is turning foreign investors away from Japanese stocks.The Nikkei 225 Stock Average has jumped 14 per cent this year, outperforming its global peers. But for US...
Bank of Japan must avoid raising rates to combat weak yen, says ex-central banker Watanabe
Bank of Japan must avoid raising rates to combat weak yen, says ex-central banker Watanabe
May 10, 2024
THE Bank of Japan must avoid raising interest rates to combat a weak yen, as higher borrowing costs would hit consumption and services inflation, Tsutomu Watanabe, a former central...
US: Wall St muted as weak earnings offset jobless claims relief
US: Wall St muted as weak earnings offset jobless claims relief
May 9, 2024
US stock indexes were muted at the open on Thursday (May 9) as a slate of downbeat earnings offset the impact of data that showed US weekly jobless claims...
Warner Bros Discovery posts larger-than-expected loss on studio slump, weak ad market
Warner Bros Discovery posts larger-than-expected loss on studio slump, weak ad market
May 9, 2024
WARNER Bros Discovery reported a larger-than-expected quarterly loss, as advertising sales slumped at its cable TV unit and the studio segment struggled with the twin effects of last year’s...
Uber shares tumble on surprise net loss, weak second-quarter forecast
Uber shares tumble on surprise net loss, weak second-quarter forecast
May 8, 2024
UBER posted a surprise first-quarter loss and forecast gross bookings in the second quarter below Wall Street expectations, sending the shares of the ride-share and food delivery company down...
Twilio forecasts quarterly revenue below estimates on weak enterprise spending
Twilio forecasts quarterly revenue below estimates on weak enterprise spending
May 8, 2024
TWILIO forecast second-quarter revenue below Wall Street estimates on Tuesday, expecting a slowdown in demand as customers cut back on discretionary spending amid economic uncertainty.Shares of the San Francisco-based...
Infineon launches savings programme as weak demand persists
Infineon launches savings programme as weak demand persists
May 7, 2024
GERMAN chip manufacturer Infineon announced a cost savings programme on Tuesday (May 7) as it again lowered its full-year revenue outlook, blaming ongoing industry-wide weak demand. The company lowered its...
KFC parent Yum reports surprise drop in global same-store sales on weak demand
KFC parent Yum reports surprise drop in global same-store sales on weak demand
May 1, 2024
YUM Brands reported a fall in quarterly global same-store sales on Wednesday, hurt by choppy demand for its KFC and Pizza Hut brands from inflation-weary consumers in the United...
Why the yen is so weak and what that means for Japan
Why the yen is so weak and what that means for Japan
May 1, 2024
THE yen has been plumbing three-decade lows against the US dollar, mainly because interest rates in Japan remain much lower than those in the US and elsewhere, diminishing the...