Weak
Texas Instruments forecasts fourth-quarter below estimates on weak chip demand in industrial markets
TEXAS Instruments (TI) forecast fourth-quarter revenue and profit below estimates on Tuesday (Oct 22) as the chipmaker navigates a buildup of inventory in some segments such as industrial, even...
Weak China demand puts brakes on Holiday Inn owner IHG in third quarter
HOLIDAY Inn owner InterContinental Hotels Group (IHG) reported a sharp slowdown in room revenue growth in the third quarter as weak demand in China and a subdued US market...
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 more shoppers and maintain its share of a shrinking...
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 to commit to more stimulus.
The benchmark CSI 300 Index...
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 up for a lagging local consumer sector.7-Eleven operator Seven...
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 Chinese economy.Brent crude futures for November settled 59 cents...
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 a bumper interest rate cut and pledged a series...
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 forecast for this year and 2025, offsetting supply concerns...
