CGSI downgrades Grab to ‘hold’ with earnings growth expected to slow in H2
CGS International (CGSI) has downgraded its rating on Grab Holdings to “hold” from “add”, anticipating a slowdown in earnings growth in…
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CGS International (CGSI) has downgraded its rating on Grab Holdings to “hold” from “add”, anticipating a slowdown in earnings growth in…
China’s economy is expected to have slowed down in the second quarter from a solid start to the year. This comes as trade tensions with…
Levi Strauss jumped in late trading after raising its revenue outlook, with the maker of 501 jeans expecting sales growth to outweigh the…
Wages in the UK, the Netherlands, Germany, and France grew year-on-year by 5.5%, 5.3%, 3.8%, and 1.9%, respectively, in May 2025. That's…
Del Monte Philippines said earnings for the year ended May 2025 rose, powered by higher domestic and international sales. The subsidiary…
Two Chinese artificial intelligence chip startups are seeking to raise a combined 12 billion yuan (S$2.1 billion) in initial public…
South-east Asia’s total e-commerce platform gross merchandise value (GMV) grew at a slower rate of 12 per cent year on year in 2024, as…
A slight uptick in private-credit fundraising in Asia-Pacific (Apac) last year has given market players optimism for a positive 2025, even…
Livingstone Health is not in a rush to grow. Much like the lithops – a hardy succulent also known as a living stone, from which the…
DBS Research Equity on Tue (Jun 10) raised its target price for Sheng Siong to S$2.30 from S$2 on the back of strong earnings growth and…
Super Hi International, the operator of Haidilao’s international business, posted a net profit of US$11.9 million for the first quarter…
Bank of England (BOE) rate-setters risk underestimating the strength of the UK economy by placing too much faith in downbeat business…
The Reserve Bank of India (RBI) cut its key repo rate by a larger-than-expected 50 basis points on Friday, a third consecutive reduction,…
LULULEMON Athletica posted a second straight disappointing quarter, fueling concerns that rising competition and new tariffs are derailing…
India’s central bank will likely cut interest rates for the third straight meeting to boost growth, with market watchers focused on the…
Hewlett Packard Enterprise (HPE) reported quarterly revenue that topped estimates and said it expects a reduced impact from tariffs on its…
Thailand and Indonesia are expected to be growth laggards within Asean, noted Euben Paracuelles, chief Asean economist at Nomura at the…
South Korea’s central bank cut interest rates on Thursday (May 29) in a bid to cushion the export-dependent economy from US President…
Nvidia, the world’s most valuable chipmaker, gave an upbeat revenue forecast for the current period, even as a slowdown in China weighed…
China’s Xiaomi reported a 47.4 per cent annual jump in first-quarter revenue on Tuesday (May 27) as the company doubled down on making…
These days it feels like red-light therapy is the Swiss Army knife of skin care: It can help reduce fine lines, quell inflammation and…
OCBC is keeping its financial targets for 2025, but noted that its loan growth guidance of a mid-single digit will likely see the most…
The Bank of England cut its main interest rate by 0.25 percentage points to 4.25 per cent on Thursday, despite an unexpected three-way…
Shifting global trade relations have increased economic uncertainty with serious risks to growth, making it difficult for international…