weaker
Snap shares tumble on weaker quarterly sales, profit outlook
SNAP shares tumbled in extended trading after the company reported disappointing second-quarter sales and gave a lower-than-expected outlook for earnings in the current period.The weak financial results overshadowed stronger...
Oil prices gain 2% on big US storage withdrawal, weaker US dollar
OIL prices climbed about 2 per cent on Wednesday (Jul 17) on a bigger-than-expected weekly drop in US crude stockpiles and as a weaker US dollar overshadowed signs of...
Ericsson to book 11.4 billion Swedish crowns impairment on weaker outlook for Vonage
MOBILE telecoms equipment maker Ericsson said on Wednesday (Jul 3) it will record a non-cash impairment charge of 11.4 billion Swedish crowns (S$1.5 billion) in the second quarter of...
US dollar slightly weaker on declining inflation
THE US dollar slipped on Friday (Jun 28) after data showed inflation in the world’s largest economy subsided in May, cementing expectations that the Federal Reserve will start cutting...
US Federal Reserve floats weaker version of planned bank-capital overhaul
THE Federal Reserve has shown other United States regulators a three-page document of possible changes to their bank-capital overhaul that would significantly lighten the load on Wall Street lenders,...
India shares plunge as Modi’s likely weaker win leads to policy worries
Indian stocks suffered their worst intraday fall since March 2020 on Tuesday (Jun 4), as vote counting trends in the general election suggested Prime Minister Narendra Modi’s alliance was...
Oil up on prospect of Opec+ holding cuts, weaker US dollar
OIL prices rose by more than US$1 a barrel on Tuesday on the expectation that Opec+ will maintain crude supply curbs at its June 2 meeting, while a weaker...
US dollar rebounds after falling on weaker inflation, yen ticks up
THE US dollar found a footing on Thursday (May 16) after falling sharply on Wednesday on the back of data showing a slowdown in US inflation, while Japan’s yen...
