Weak
Singapore’s Patience Capital Group to reopen fund for luxury Japan ski resort as weak yen beckons
PATIENCE Capital Group (PCG), the Singapore-based investor behind a US$1.42 billion luxury ski project in northern Japan, is in talks to reopen its fund to new investors eager to...
Adobe drops on weak forecast fuelled by AI competition fears
ADOBE dropped about 10 per cent in extended trading after giving a weak outlook for sales in the current quarter, fuelling concerns that new artificial intelligence (AI) focused startups...
BNP Paribas cuts investment banking bonuses on weak trading
BNP Paribas has reduced bonuses across its investment banking division after a weak year for deals and trading. The French lender reduced total variable compensation in the unit by...
BNP Paribas hikes cost cuts by 400 million euros after weak results
BNP Paribas, the eurozone’s largest bank, on Wednesday said it will step up its cost-cutting plan by 400 million euros (S$582.7 million) after reporting weak results for the fourth...
Victoria’s Secret falls on weak guidance in faltering turnaround
VICTORIA’S Secret & Co reported net sales guidance for the full year that fell short of analysts’ expectations, underscoring the retailer’s struggle to grow as it works to gain...
Oil settles lower on weak demand despite Opec+ cut extension
OIL prices settled slightly lower on Monday, as demand headwinds counterbalanced a widely expected extension of voluntary output cuts through the middle of the year by the Opec+ producer...
US dollar dips on weak data; yen hurt by cautious BOJ
THE greenback fell against the euro on Friday (Mar 1) on weaker-than-expected US economic data, but gained against the Japanese yen after Bank of Japan (BOJ) governor Kazuo Ueda...
Hewlett Packard Enterprise sees downbeat Q2 revenue on weak networking solutions demand
HEWLETT Packard Enterprise on Thursday (Feb 29) forecast second-quarter revenue below Wall Street estimates, as businesses scale down spending on the server maker’s technology solutions. Shares of the Spring,...
