Ikea sales fall 5% after price cuts amid weak housing market
IKEA annual sales fell 5 per cent after the Swedish budget homeware retailer cut prices in a bid to attract ...
Tag: Weak
China leads Asian stocks lower on weak stimulus
CHINESE equities were standout underperformers in Asia on Wednesday (Oct 9) as traders weighed weak economic data and Beijing’s reluctance ...
Uniqlo, 7-Eleven owners seek overseas growth amid weak consumption in Japan
EARNINGS from Japan’s Fast Retailing and Seven & i Holdings should show how retailers are chasing growth overseas to make ...
Oil settles lower on weak euro zone business activity
OIL prices closed lower on Monday as worries about demand were compounded by disappointing euro zone business activity and a weak ...
Asia: Tokyo surges on weak yen as traders cheer big US rate cut
TOKYO’S Nikkei led Asian markets higher on Thursday as the yen hit a two-week high after the Federal Reserve announced ...
Oil settles near 3-year low on weak demand outlook
GLOBAL oil benchmark Brent crude futures settled at their lowest level since December 2021 on Tuesday, after Opec+ revised down its demand ...
BMW trims 2024 profit margin on technical issues, weak China demand
Technical actions related to its integrated braking systems will result in additional warranty costs in a high three-digit million amount ...
Asia: Markets plunge with Wall Street after Nvidia rout, weak US data
TECH firms led a plunge across Asian markets on Wednesday after a rout on Wall Street fuelled by a collapse ...
Din Tai Fung to close 14 China outlets amid weak consumer spending
TAIWANESE dumpling chain Din Tai Fung will close more than a dozen stores in mainland China, a market that’s seen ...
Din Tai Fung to close 14 China outlets amid weak consumer spending
TAIWANESE dumpling chain Din Tai Fung will close more than a dozen stores in mainland China, a market that’s seen ...
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