Nike forecasts dour annual revenue on weak demand for its sneakers
NIKE on Thursday (Jun 27) forecast a surprise drop in fiscal 2025 sales, after disappointing fourth-quarter sales laid bare the ...
Tag: Weak
Asia: Markets track weak US lead, eyes on yen
ASIAN markets extended last week’s poor run with more losses on Monday, following on from another tepid lead from Wall ...
Gold edges higher as weak US data lifts Fed rate-cut bets
GOLD prices edged higher on Thursday (Jun 20) as lacklustre US economic activity fuelled expectations that the Federal Reserve would ...
GameStop’s sales down on weak store traffic, as company releases results early
GAMESTOP said first-quarter net sales dropped and announced a more than US$3 billion stock offer as it released its quarterly ...
Dell shares tumble as weak margin forecast clouds upbeat quarter
DELL Technologies said on Thursday (May 30) it expects its adjusted gross margin rate to decline about 150 basis points ...
Oil falls as US reports surprise fuel build, weak demand
OIL prices fell for the second consecutive session on Thursday (May 30), after the US government reported weak fuel demand ...
Hongkong Land expects ‘significantly lower’ H1 profits amid weak buyer sentiment in China
PROPERTY developer Hongkong Land : H78 0% said that it expects its underlying profit for H1 FY2024 to be “significantly ...
S-Reit DPUs remain weak in Q1 but sector expected to ride out interest rate woes
REAL estate investment trusts (S-Reits), including property trusts, logged a sluggish performance in the first quarter of 2024 as sector ...
BOJ cuts bond buying in regular operation as yen stays weak
The Bank of Japan offered to purchase a smaller amount of government bonds in a regular operation on Monday (May ...
BlackRock warns weak yen deters foreigners from Japan stocks
THE yen’s weakness is turning foreign investors away from Japanese stocks.The Nikkei 225 Stock Average has jumped 14 per cent ...
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