weaker
Chinese authorities are considering a weaker yuan as Trump trade risks loom: sources
CHINA’S top leaders and policymakers are considering allowing the yuan to weaken in 2025 as they brace for higher US trade tariffs as Donald Trump returns to the White...
Macy’s delays Q3 report on accounting issue, expects weaker sales
Macy’s on Monday (Nov 25) delayed the publication of its third-quarter results due to an accounting issue tied to delivery expenses and instead posted preliminary results in which its...
Jardine Cycle & Carriage’s Indonesia, Vietnam Q3 earnings saddled by mushy consumer demand, weaker currencies
JARDINE Cycle & Carriage (JC&C) said on Wednesday (Nov 13) that its results for the first nine months of the year were down slightly year on year. Despite higher...
Singapore Airlines Q2 profit falls 59% to S$290 million on weaker operating performance
NATIONAL carrier Singapore Airlines on Friday (Nov 8) reported net profit of S$290 million for the second quarter ended Sep 30, sliding 59 per cent from S$707 million in...
Wilmar’s Q3 net profit falls 19% to US$254.4 million on weaker contributions from China, sugar division
WILMAR International’s net profit for the third quarter ended Sep 30, 2024, fell 19 per cent to US$254.4 million, from US$313.9 million in the corresponding period a year ago.Its...
PetroChina profits fall on weaker oil and economic slowdown
Cumulative losses for the nation’s fuel-makers total 32 billion yuan this year till September, amid a downturn in the nation’s property sector and a shift towards electric transportationPETROCHINA’S profit...
Cnooc profit rises as expanded output offsets weaker demand
CNOOC posted a rise in third-quarter profit after the company offset lower crude oil prices with increased output.
China’s largest offshore oil and gas driller said net income rose to...
India’s Reliance reports drop in Q2 profit on weaker fuel margins
INDIA’S Reliance Industries reported a drop in second-quarter profit on Monday, hurt by weak fuel refining margins and lower demand for petrochemicals.
The Mukesh Ambani-led conglomerate posted a consolidated profit...
