Culture
Bank of Japan keeps rates steady, raises growth and inflation forecasts
The central bank vowed to raise rates if economic and price developments move in line with its projections — The Bank of Japan kept…
Tag
Forecasts
Culture
JPMorgan forecasts 2027 Fed hike; Barclays, Goldman postpone rate cut calls
Data suggests the labour market is holding, aiding belief that the Fed will leave borrowing costs unchanged at its January meeting…
Culture
S&P Global shifts Genting companies’ outlook to negative on weaker credit quality forecasts
Group capital expenditure could double in 2026, with earnings ‘unlikely’ to keep pace S&P Global Ratings revised its outlook for the…
Culture
Pfizer forecasts 2026 profit below expectations on lower Covid product sales
Pfizer has rolled out a sweeping cost reduction programme in response to the drop in Covid-19 sales Pfizer on Tuesday (Dec 16) forecast…
Culture
Ford scales back EV ambitions, forecasts US$19.5 billion write-down
The company will focus on a family of smaller, affordable electric vehicles instead FORD on Monday announced a major retreat from large…
Culture
Broadcom forecasts upbeat quarterly revenue on AI chip demand
The company reported revenue of US$18.02 billion for the fourth quarter ended Nov 2, above analysts’ average estimates BROADCOM on…
Culture
Hewlett Packard forecasts weak quarterly revenue, shares fall
Analysts expect macroeconomic weakness to continue to pressure the compute, storage and networking sectors Hewlett Packard Enterprise…
Culture
Japan’s megabanks lift profit forecasts to record highs, step up buybacks
The banks’ strong Q2 earnings demonstrate their success in weathering uncertain global economic conditions Japan’s largest banks raised…
Culture
Asia: Markets bounce from selloff as US jobs beat forecasts
ASIAN markets rose on Thursday to claw back some of the previous day’s hefty losses as investors tracked a bounce on Wall Street sparked…
Culture
US: S&P 500, Nasdaq opens higher as Apple, Amazon forecasts lift mood
The S&P 500 and the Nasdaq opened higher on Friday (Oct 31) after upbeat forecasts from Apple and Amazon helped calm nerves, a day after…
Culture
Apple CEO forecasts holiday quarter iPhone sales that top Wall Street estimates
The company’s reliance on hardware sales has also left it with greater exposure to US President Donald Trump’s trade war with China. Apple…
Culture
Nissan forecasts US$1.8 billion annual operating loss as US tariffs weigh
Its outlook for net income for the fiscal year to end-March 2026 remained undetermined Nissan Motor said on Thursday (Oct 30) it expects…
Culture
Meta forecasts bigger capital costs next year, US$16 billion tax charge guts Q3 profit
Meta forecast “notably larger” capital expenses next year, thanks to investments in AI, and recorded a nearly US$16 billion one-time…
Culture
Mercedes beats margin forecasts as premium sales offset job-cut charges
[BERLIN/FRANKFURT] German carmaker Mercedes-Benz on Wednesday (Oct 29) reported stronger than expected margins at its core autos business…
Business
Stellerus uses satellites to visualise 3D wind data for weather forecasts, insurance risks
Hong Kong University of Science and Technology (HKUST) start-up Stellerus Technology aims to be the world's first provider of…
Culture
Lockheed Martin lifts 2025 forecasts on robust defence demand
The company’s total revenue rose 8.8% to US$18.61 billion in the third quarter, above analysts’ average estimate of US$18.56 billion US…
Culture
Levi Strauss forecasts annual profit below estimates as tariffs bite
The retailer has leaned into full-price sales through its direct-to-consumer channel, broadened its product offerings and kept a tight…
Business
Coffee Prices Retreat on Rain Forecasts for Brazil
December arabica coffee (KCZ25) on Tuesday closed down -5.95 (-1.56%), and November ICE robusta coffee (RMX25) closed down -57 (-1.27%).…
Culture
Manchester United posts sixth year of net loss, forecasts revenue dip
MANCHESTER United reported an annual net loss for the sixth consecutive year on Wednesday (Sep 17) and forecast lower revenue for the…
Culture
Estee Lauder forecasts annual profit below estimates as tariffs hit
Estee’s organic net sales for the fourth quarter fell 13%, compared with an 8% rise a year ago Estee Lauder forecast annual profit below…
Culture
Carlsberg misses first-half forecasts, warns of difficult year
It raised its full-year profit guidance, breaking with those rivals who opted to keep their forecasts unchanged Carlsberg missed half-year…
Culture
Expedia raises gross bookings, revenue growth forecasts amid US travel demand recovery
EXPEDIA raised its annual forecast for gross bookings and revenue growth on Thursday, amid a recovery of demand in the United States,…
Culture
UOB resumes guidance for FY2025 with trimmed forecasts amid Q2 earnings miss
UOB has resumed guidance on its full-year 2025 targets after briefly pausing them in the first quarter, but the projections are now…
Culture
Nvidia supplier SK Hynix Q2 profit rises 69%, meets forecasts
South Korea’s SK Hynix posted on Thursday a record quarterly profit, driven by strong demand for advanced chips used in generative…