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Search Result for “earnings”

Showing 1 - 10 of 52

BUSINESS

Asian equities see biggest foreign outflows in nearly six years

Reuters, Published on 11/12/2025

» BENGALURU — Asian equities witnessed their largest monthly foreign outflows in nearly six years in November, driven by a selloff in high-flying technology stocks as concerns over stretched valuations prompted investors to cut exposure.

BUSINESS

South Korea visa waiver to lift travel but not Chinese airline profits

Reuters, Published on 26/08/2025

» BEIJING — South Korea's decision to grant visa-free entry to Chinese tour groups will lift China's weak outbound travel numbers but not enough to boost the bottom lines of struggling Chinese airlines, analysts said.

BUSINESS

China stocks sink on trade war fears; Hong Kong dives 9%

Reuters, Published on 07/04/2025

» SHANGHAI  - Hong Kong and Chinese stocks dived on Monday after Beijing fired back at US tariffs with its own trade levies, sowing more turmoil in financial markets as investors feared a widening trade war would unleash a deep recession.

BUSINESS

Samsung Electronics co-CEO Han Jong-hee dies of cardiac arrest

Reuters, Published on 25/03/2025

» SEOUL: South Korean tech giant Samsung Electronics said on Tuesday that its co-chief executive officer Han Jong-hee has died due to cardiac arrest. Han was 63.

WORLD

Trump's trade war salvo rocks markets

Reuters, Published on 03/02/2025

» SINGAPORE - Investors bought dollars, sold stocks and fretted about inflation on Monday in a scramble to assess the risk of a trade war after Donald Trump put tariffs on top US trading partners.

BUSINESS

Nissan to cut or transfer about 1,000 jobs in Thailand, sources say

Reuters, Published on 22/11/2024

» TOKYO - Nissan Motor will cut or transfer about 1,000 jobs in Thailand as it shrinks production in Southeast Asia, part of its recently announced global workforce reduction plan, two sources familiar with the matter told Reuters on Friday.

BUSINESS

Mercedes car earnings plunge by 64% as China shuns luxury

Reuters, Published on 25/10/2024

» WARSAW - German premium automaker Mercedes-Benz on Friday said third-quarter earnings in the core car division plunged by 64%, massively missing analysts' estimates, as Chinese consumers continued to cut back on luxury goods in a weakening economy.

LIFE

Netflix adds 5 million new customers, beating earnings targets

Reuters, Published on 18/10/2024

» LOS ANGELES - Netflix picked up 5.1 million streaming subscribers in the third quarter, topping Wall Street estimates by more than 1 million, and said it expected higher customer growth around the holidays when Korean drama "Squid Game" returns.

THAILAND

Exodus to Thailand continues after fall of Myawaddy

Reuters, Published on 12/04/2024

» TAK - A stream of people, some fearing air strikes, queued at a border crossing to flee Myanmar on Friday, a day after the strategically vital town of Myawaddy near Thailand fell to anti-junta resistance that is gaining strength.

BUSINESS

Musk: Chinese EV firms will 'demolish' rivals without trade barriers

Reuters, Published on 25/01/2024

» SAN FRANCISCO - Tesla CEO Elon Musk said on Wednesday Chinese automakers will "demolish" global rivals without trade barriers, underscoring the heat the United States electric vehicle (EV) market leader faces from the likes of BYD (Build Your Dreams), who are racing to expand worldwide.