weakens

Bulgari CEO eyes India for growth as China luxury demand weakens
Bulgari CEO eyes India for growth as China luxury demand weakens
December 2, 2024
LVMH-owned jeweller Bulgari is looking to India to mitigate the effects of faltering luxury demand in China amid an economic slowdown.Bulgari is expanding its footprint in India to take...
Dollar climbs, euro weakens to two-year low after PMI data
Dollar climbs, euro weakens to two-year low after PMI data
November 22, 2024
THE euro slumped to a two-year low while the dollar gained on Friday (Nov 22) after gauges of business activity were released in each region, while bitcoin again hit...
Ford weakens profit outlook amid price war, shares fall
Ford weakens profit outlook amid price war, shares fall
October 28, 2024
FORD Motor said on Monday it expects to hit the lower end of its full-year profit guidance, dropping the company’s shares 5 per cent in after-hours trading, as a...
Yen weakens, Japan stocks face pressure on election blow to LDP
Yen weakens, Japan stocks face pressure on election blow to LDP
October 27, 2024
THE yen fell to a three-month low and Japanese stocks were set to slip on Monday (Oct 28) after the Liberal Democratic Party (LDP) and its coalition partner were...
New Zealand steps up pace of rate cuts as economy weakens
New Zealand steps up pace of rate cuts as economy weakens
October 9, 2024
NEW Zealand’s central bank cut interest rates by half a percentage point, stepping up the pace of easing as policymakers become more concerned about the economic slowdown.The Reserve Bank...
Dollar weakens after inflation data, yen surges on Ishiba win
Dollar weakens after inflation data, yen surges on Ishiba win
September 27, 2024
THE dollar fell on Friday (Sep 27) after a reading of US inflation signalled price pressures continue to ebb, while the yen strengthened against the greenback after Shigeru Ishiba,...
AEM H1 net profit falls 95.4% as demand from key customer weakens
AEM H1 net profit falls 95.4% as demand from key customer weakens
August 14, 2024
AEM Holdings posted a 95.4 per cent decline in net profit to S$895,000, from S$19.7 million a year earlier, for the half-year ended Jun 30, 2024.This comes as revenue...
Singapore shares open lower on Thursday as DBS weakens; STI down 0.2%
Singapore shares open lower on Thursday as DBS weakens; STI down 0.2%
August 8, 2024
SINGAPORE equities retreated on Thursday (Aug 8) as shares of DBS declined, after the bank announced its chief executive Piyush Gupta would be stepping down upon retiring at the...
US dollar rebounds broadly, yen weakens for first day this month
US dollar rebounds broadly, yen weakens for first day this month
August 6, 2024
THE Japanese yen steadied on Tuesday (Aug 6), and the US dollar climbed against most currencies, as some of the more striking moves of recent days reversed somewhat, and...
Yen weakens on last minute doubts about BOJ hike
Yen weakens on last minute doubts about BOJ hike
July 30, 2024
THE Japanese yen weakened on Tuesday (Jul 30) as traders had some last minute doubts about whether the Bank of Japan would hike rates this week, while other majors...