Business
Gold steady as rising yields offset dollar weakness; PCE data eyed
Gold prices held steady on Friday (Dec 5), as rising US Treasury yields offset support from a weaker US dollar, while markets awaited US…
Tag
offset
Business
Gold holds steady as rising US rate-cut bets offset dollar strength
Gold prices held steady on Tuesday (Nov 25) after rising nearly 2 per cent in the previous session, as increasing prospects of a US rate…
News
Oil settles higher as tight fuel markets offset crude supply concerns
Oil prices settled higher on Monday as analysts focused on potential fuel supply disruptions from fresh US sanctions and Ukrainian drone…
Culture
Warner Bros. Discovery Swings to Q3 Loss, With ‘Superman’ Box Office Offset by Ad Declines
Warner Bros. Discovery has been telling investors it wants to split the company in two — and just produced some evidence that such a deal…
Business
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
Europe: Stocks slip; commodity, defence rallies offset by luxury losses
EUROPEAN stocks slipped on Wednesday as commodity and defence rallies faced resistance from heavyweight healthcare and luxury names, with…
Business
GuocoLand’s H2 net profit falls 48% as China losses offset Singapore growth
Property developer GuocoLand posted a 48 per cent drop in net profit to S$32.4 million for its half year ended Jun 30, from S$62.4 million…
Business
Moderna to cut 10% of staff to offset slowing Covid business
[CAMBRIDGE, MASSACHUSETTS] Moderna is cutting about 10 per cent of its workforce, part of an effort by the struggling biotech company to…
Business
ITV Half Yearly Profits Drop 31% as Studios Gains Offset by Tough Broadcast Comparisons
U.K. media giant ITV posted a 31% drop in group adjusted EBITA (Earnings before interest, taxes, and amortization) for the first half of…
News
Gold flat as easing trade tensions offset boost from soft US dollar
Gold prices held steady on Thursday (Jul 24) after a sharp drop in the previous session, as easing trade tensions dented demand for…
News
Oil steadies as mixed US economic and tariff news offset new Russia sanctions
Crude oil futures were little changed on Friday on mixed US economic and tariff news and worries about oil supplies following the European…
News
Japan’s carmakers slash export prices to US to offset tariff hit
While Japanese automakers have announced some price increases, the country’s strategy of not raising prices too much has shown up in other…
Business
Oil inches up on US demand strength; fading Middle East supply risks offset gains
Oil prices edged higher on Thursday as crude inventories in the United States fell on higher demand as summer driving season ramped up,…
News
Cybersecurity firm Trend Micro bets on AI to offset US tariff woes
The Trump administration’s policies have cast a shadow over Japanese cybersecurity firm Trend Micro, contributing to a slowdown in its…
Fashion
Asia: Markets wobble as Trump-Xi talks offset by Musk row
Asian markets stuttered on Friday as optimism from “very positive” talks between presidents Donald Trump and Xi Jinping was wiped out by…
Business
Europe: Shares inch up as Lagarde’s remarks offset ECB rate cut
EUROPEAN equities see-sawed on Thursday, ultimately eking out gains after the European Central Bank’s President Christine Lagarde’s more…
Business
Fuji Offset Plates Manufacturing shares jump 67% after former Dyna-Mac CEO AC Lim buys S$4.5 million stake
It appears former Dyna-Mac chairman and chief executive Lim Ah Cheng – better known in the industry as AC Lim – is working his magic…
News
Target says it can adapt and offset tariff costs, is reducing reliance on China
Target Corp. said Wednesday it can "offset the vast majority" of impacts from President Trump's tariffs, as major retailers report…
News
Furniture Group MillerKnoll to Offset Tariff Impact With Strategic Pricing, Supply Chain Adjustments
MILAN — As U.S. President Donald Trump’s trade policy evolves, furniture companies around the world are armoring up to safeguard their…
Business
Diesel, Maison Margiela, DTC Offset China, Wholesale 2024 Slowdown at OTB
MILAN — Several changes have been taking place within the OTB Group over the last year and in early 2025, and chief executive officer…