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Tag Archives: Outlook
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
Posted in Latest News
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
Japan Business Mood Up; Outlook Cautiously Optimistic
Japan’s business sentiment turned positive in the third quarter for the first time since the March earthquake, the Bank of Japan’s tankan survey showed on Monday, but a strong yen and Europe’s debt crisis cloud the outlook. CNBC Asia Top … Continue reading
China Jan-Aug FDI Growth Slows, Outlook Positive
CNBC Asia Top News and Analysis
Japan Big Manufacturing Mood Improves, Outlook Dims
Big Japanese manufacturers turned optimistic in the third quarter following a rapid recovery in output after the deadly March 11 earthquake and tsunami, but scaled back forecasts for the months ahead. CNBC Asia Top News and Analysis
ANZ’s Third-Quarter Profit Rises 7.6%; Positive on Outlook
ANZ reported a 23% rise in first-half underlying profit to a record as bad-debt charges fell, but warned of slow lending growth ahead as businesses avoid borrowing and households focus on savings. CNBC Asia Top News and Analysis
Posted in Latest News
Tagged 7.6%, ANZ's, Outlook, Positive, Profit, Rises, ThirdQuarter
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RBNZ to Raise Rates with Strong Economic Outlook
Paul Bloxham, Chief Economist for Australia & New Zealand at HSBC discusses the prospects of the New Zealand economy. Squawk Box Asia: Latest Video