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Tag Archives: Outlook
Nippon Steel Cuts Annual Outlook by One-Third
Nippon Steel, the world’s No.4 steelmaker, booked a 44 percent decline in quarterly profit on Friday as exports tumbled and prices sagged due to a supply glut, prompting it to cut its annual outlook by one-third. CNBC Asia Top News … Continue reading
Japan Machinery Orders Jump, EU Clouds Outlook
Japan’s core machinery orders rose more than expected in November, but economists doubt this momentum could be maintained as the euro zone debt crisis and a strong yen cloud the outlook. CNBC Asia Top News and Analysis
BHP Billiton Turns More Cautious on Outlook
BHP Billiton, the world’s biggest miner, has turned more wary on the outlook for commodity markets, warning on Thursday that some customers are starting to face tighter access to trade finance and some are cutting production. CNBC Asia Top News … Continue reading
BOJ Keeps Policy On Hold but Cuts Economic Outlook
The Bank of Japan kept monetary settings unchanged on Wednesday but toned down its economic assessment and warned of a widening fallout from Europe’s debt crisis, signaling readiness to ease its policy again if risks to the country’s recovery heighten. … Continue reading
Japan Ends Recession as Quake Scars Heal; Outlook Dim
Japan’s economy rebounded as expected in the third quarter from a recession caused by a devastating March earthquake on robust exports and consumption, but persistent yen strength and sluggish global growth cloud its outlook. CNBC Asia Top News and Analysis
Canon Cuts Outlook on Thai Floods, Strong Yen
CNBC Asia Top News and Analysis
Posco Paints Dim Outlook After 6% Rise in Quarterly Profit
Posco, the world’s third-biggest steelmaker and backed by billionaire investor Warren Buffett, cut its 2011 investment plan and painted a dim outlook after posting a 6 percent rise in third-quarter profit that met market expectations. CNBC Asia Top News and … Continue reading
Japan Cuts Economic Outlook, Says Nascent Recovery Slows
Japan’s government downgraded its assessment of the economy for the first time in six months, saying weakening global growth is slowing down a recovery in factory output and exports. CNBC Asia Top News and Analysis
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Tagged Cuts, Economic, Japan, Nascent, Outlook, Recovery, Says, Slows
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Infosys Second-Quarter Profit Up, Cuts Revenue Outlook
India’s software services heayweight Infosys met forecasts with a 9.7-percent rise in its quarterly profit as a weak rupee boosted margins, but it cut its revenue outlook and warned about global economic uncertainty. CNBC Asia Top News and Analysis
Japan’s Seven & I First-Half Profit Up 26%, Raises Outlook
Japan’s top retailer Seven & I Holdings posted a 26% rise in first-half operating profit on Tuesday, helped by higher revenue from its convenience stores and supermarkets. The company also raised its full-year forecast. CNBC Asia Top News and Analysis