News
Exxon, Chevron succumb to oil-refining slump as tariffs loom
PROFITS for Exxon Mobil and Chevron were slammed by slumping fuel margins as the prospect of US tariffs on two major oil suppliers…
Tag
Slump
Business
DeepSeek Faces Major Cyberattack After Wall Street Debut, Limits New Users Amid Privacy Concerns and Global Tech Stock Slump
Chinese AI startup DeepSeek announced a temporary halt on user registrations following a large-scale cyberattack on its services. This…
Business
Texas Instruments forecast signals chip slump is persisting
TEXAS Instruments gave a disappointing earnings forecast for the current period, a sign it’s contending with still-sluggish chip demand…
Business
BMW sales slide after brake fault recall, China demand slump
BMW car sales slipped last year as a costly recall compounded a slump in demand in China that’s hit Germany’s automakers hard. Sales of…
News
Mercedes-Benz car sales drop as China, EV slump take toll
MERCEDES-Benz Group car sales dipped last year as the German luxury-auto maker struggled with weak demand for pricey models in China and…
Business
Jefferies profit triples in sign dealmaking slump is ending
JEFFERIES Financial Group’s profit soared on a rebound in mergers and acquisitions (M&A ) and a surge in equity-trading revenue, signs…
News
Jeju Air shares slump to record low after deadly plane crash
SHARES of South Korean budget carrier Jeju Air hit their lowest on record on Monday (Dec 30), after the country’s deadliest air crash…
Business
Toyota’s sales, output plateau as slump persists in Japan, China
TOYOTA Motor’s sales and production plateaued last month, buoyed by a slight rebound abroad after a prolonged slump in Japan. Global…
Business
Procter & Gamble doubles down on China’s TikTok to reverse sales slump
PROCTER & Gamble (P&G) has been revamping its marketing and line-up of influencers on fast-growing Chinese shopping app Douyin in recent…
Business
Singapore shares slump at Thursday’s open; STI down 0.3%
SINGAPORE stocks were pulled into negative territory on Thursday (Nov 14) after global equities ended mixed overnight. As at 9.02 am, the…
Business
US dollar roars with Bitcoin as Trump trades shine; euro and yuan slump
THE US dollar rose to a four-month peak versus major peers on Tuesday (Nov 12), while Bitcoin extended its record rally as investors…
Fashion
Chinese EV makers see EU sales slump as tariff row deepens
CHINESE electric vehicle (EV) makers lost ground in Europe for a third straight month, in the latest sign that the move towards higher…