Business
BNP Paribas vows more cost cuts after profit tops forecast
BNP reported net income of 2.97 billion euros (S$4.46 billion) for the three months ending in December Paribas nudged up its 2028…
Tag
forecast
News
The Forecast Wars on Weather Twitter
For this week’s Infinite Scroll column, Brady Brickner-Wood is filling in for Kyle Chayka. What you expected from this past weekend’s…
Business
Intel gives weak forecast after supply shortages hurt sales
Intel gave a lacklustre forecast for the current quarter because supply shortages are making it harder to meet customer demand, a…
Business
Wall Street opens higher as inflation eases; forecast boosts Micron
Wall Street’s main indexes opened higher on Thursday (Dec 18) after softer-than-expected inflation data boosted expectations for more…
News
Forecast shows small drop in German energy consumption in 2025
Germany's energy consumption is expected to fall slightly in 2025, according to a forecast by the Working Group on Energy Balances (AGEB)…
News
Malaysia palm oil output to meet forecast despite monsoon season, says SD Guthrie
The arrival of the monsoon season has raised concerns about potential disruptions to Malaysian palm oil production over the next two…
Business
Japan’s Mizuho books 44% rise in Q2 profit, raises forecast
The company’s results show how Japan’s largest banks are cashing in on the end of ultra-low interest rates Japan’s Mizuho Financial Group…
Business
Foxconn’s third-quarter revenue hits record, misses market forecast
Taiwan’s Foxconn, the world’s largest contract electronics maker, reported record third-quarter revenue on strong demand for artificial…
Business
Singapore stocks rise on Tuesday; STI gains 0.1% as investors react to growth forecast
Across the broader market, decliners outnumber advancers 306 to 257 after about 1.5 billion shares worth S$1.4 billion change hands Local…
Business
China sets 2025 auto sales target below association forecast, vows tighter regulation
SHANGHAI (Reuters) -China is targeting 32.3 million in vehicle sales in 2025, the country's industry ministry said, below the 32.9 million…
Business
Zoom has biggest rally in a year after giving strong forecast
Zoom Communications shares soared as much as 9.8 per cent after the company delivered a stronger-than-expected forecast, suggesting that…
Business
Uber boosts buybacks by US$20 billion after upbeat forecast
Uber Technologies announced US$20 billion in new stock buybacks after sharing a better-than-expected third-quarter forecast and quarterly…
Politics
Oil edges up to two-week high on lower US output forecast, renewed Red Sea attacks
Oil prices edged up to a two-week high on Tuesday on forecasts for less US oil production, renewed Houthi attacks on shipping in the Red…
Business
South Korea central bank cuts rate, slashes 2025 growth forecast
South Korea’s central bank cut interest rates on Thursday (May 29) in a bid to cushion the export-dependent economy from US President…
Business
Nvidia gives solid forecast, even as China slump mars growth
Nvidia, the world’s most valuable chipmaker, gave an upbeat revenue forecast for the current period, even as a slowdown in China weighed…
Politics
Brazil lifts forecast for coffee production
Brazil has upped its forecast for the country's 2025 coffee output despite the year being in the low part of the typical production cycle.…
Business
Palantir sales forecast falls short of Wall Street’s hopes
Palantir Technologies dropped more than 8 per cent in late trading on Monday (May 5) after its results failed to live up to investors’…
Business
Amazon cloud revenue, income forecast disappoint, shares slide
AMAZON.COM on Thursday reported first-quarter cloud revenue growth and forecast operating income below estimates, disappointing investors.…
Politics
GM Cuts Profit Forecast by 20% and Says Auto Tariffs Will Cost It Billions
General Motors cut its profit forecast for 2025 on Thursday by more than 20 percent and said the Trump administration’s tariffs would…
News
Trump’s Tariffs Lead Japan to Slash Its Economic Growth Forecast
The growing list of major economies warning of weaker growth because of U.S. tariffs has a new member. The Bank of Japan said on Thursday…
Politics
GM pulls forecast due to tariffs as nervous consumers rush to buy
General Motors has pulled its annual forecast, reflecting the uncertain effects of US President Donald Trump’s global trade war, even as…
Politics
G.M. Withdraws Profit Forecast as Trump Tariffs Take a Toll
General Motors is abandoning a previous forecast for solid profit growth this year as a result of the uncertainty created by President…
Business
Footwear brand Skechers pulls annual forecast on trade uncertainty, shares drop
Skechers on Thursday (Apr 24) withdrew its annual results forecast as the Trump administration’s erratic trade policies fuel economic…
Business
Intel delivers disappointing forecast, moves to slash jobs
Intel, the chipmaker attempting a comeback under new chief executive officer Tan Lip-Bu, gave a weak forecast for the current period and…