Weak
Gold ticks higher after weak data fuels US rate cut bets
GOLD prices drifted higher on Thursday (Jul 4), after softer-than-expected US economic data added to hopes that the Federal Reserve could cut interest rates in September.Spot gold rose 0.1...
Oil eases on weak US fuel demand, profit taking
OIL prices fell on Friday as investors weighed weak US fuel demand and took some money off the table at quarter-end, while key inflation data for May boosted the chances...
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 company’s weakening market share and its faltering direct-to-consumer strategy.Shares...
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 Street as profit-taking weighed on the tech sector.A forecast-topping...
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 cut interest rates this year.Spot gold was up 0.2...
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 report early, sending the video games retailer’s shares down...
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 in fiscal 2025, sending its shares down 18 per...
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 in the country and a surprise jump in petrol...
