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Search Result for “net profits”

Showing 1 - 10 of 72

BUSINESS

Thai central bank 'taking action' on baht, worried by rapid rise

Reuters, Published on 16/12/2025

» The Bank of Thailand (BoT) has taken action to tackle the appreciation of the baht, BoT Governor Vitai Ratanakorn said on Tuesday.

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

China floods the world with gasoline cars it can't sell at home

Reuters, Published on 02/12/2025

» WARSAW — China's electric vehicle (EV) industry captured half its domestic market in just a few years, crushing sales of gasoline-powered vehicles from once-dominant global automakers.

BUSINESS

Honda's bigger threat comes from China's EV makers, not tariffs or chips

Reuters, Published on 11/11/2025

» TOKYO — Honda's downgrade to its full-year profit outlook underscores the immediate pressure from US tariffs and global chip shortages - but the deeper, longer-term challenge lies in intensifying competition from Chinese electric vehicle (EV) makers.

BUSINESS

Southeast Asia set to export surplus biofuels to Europe

Reuters, Published on 10/09/2025

» SINGAPORE — Southeast Asia is positioned to export biofuels to other markets such as Europe as production capacity exceeds demand in the region, a senior executive with Malaysian state oil and gas company Petronas said on Wednesday.

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

Thai Airways' share price takes off after trading resumes

Reuters, Published on 04/08/2025

» Thai Airways International's stock price (THAI) surged as much as 231% after shares in the airline resumed trading on Monday, before falling back later in the morning.

BUSINESS

Toyota posts first quarterly profit drop in two years

Reuters, Published on 06/11/2024

» TOKYO — Toyota Motor posted its first quarterly profit drop in two years on Wednesday, as slowing sales and production volume stalled the Japanese automaker's recent record run.

BUSINESS

China's big banks post Q3 profit gains

Business, Reuters, Published on 01/11/2024

» BEIJING/SHANGHAI — China's largest lenders posted increases in their third-quarter profits on Wednesday, mostly on reduced provisions, with slimmer net interest margins for some.

BUSINESS

Volkswagen reports 64% drop in net profit

Reuters, Published on 30/10/2024

» LONDON - Volkswagen on Wednesday said its third-quarter operating profit plunged 42% as weak performance in the core passenger car unit and high costs, including for model revamps, hit the automaker.