woes
Toyota sales overcome US woes for first growth in six months
Toyota Motor’s sales eked out growth for the first time in six months on strong demand in Europe and Japan, even as recalls in the US hindered the Japanese...
Gold drifts near record high amid Fed rate-cut optimism, geopolitical woes
GOLD prices held steady on Tuesday (Aug 27), lingering near record highs, as safe-haven demand from rising geopolitical tensions in the Middle East and increasing bets on a US...
China’s real estate woes weigh down S-Reits, but retail sector could be bright spot
Rental reversions in the segment are starting to turn positive amid a recovery in consumer spendingSINGAPORE-LISTED real estate investment trusts (S-Reits) with exposure to China will continue to see...
LVMH’s Sephora cuts around 10% of staff in China as woes deepen
COSMETICS retailer Sephora is cutting hundreds of staff in China, according to sources familiar with the matter, as one of LVMH’s biggest brands tries to turn around a loss-making...
Cathay Pacific world’s most-shorted airline stock on profit woes
CATHAY Pacific Airways is now the world’s most-shorted major airline stock, as the industry struggles to improve profits even amid a rebound in global tourism.Short interest in shares of...
Warner Bros Discovery slides as US$9 billion write-down points to TV woes
SHARES of Warner Bros Discovery plunged more than 11 per cent on Thursday (Aug 8) after a US$9.1 billion write-down of the media giant’s TV assets sparked doubts about...
Indonesia says Jiangsu Delong debt woes not affecting local operation
CHINESE stainless steelmaker Jiangsu Delong Nickel Industry assured Indonesia said its potential bankruptcy reorganisation has had no impact on its Indonesia operation so far and the firm will prioritise...
China woes cut BMW’s auto profit margin in Q2
BMW on Thursday (Aug 1) reported a lower-than-expected profit margin in its core automotive segment during the second quarter, as heightened competition and weaker demand in China weighed on...
