UBS has downgraded its China GDP growth forecast to 3.4% for 2025, on the assumption that tariff hikes between it…
Tag: forecast
Singapore cuts growth forecast as trade war hits global outlook
Donald Trump signalled that smartphones and other consumer electronics imported to the US from China would face tariffs, dealing a…
BoI keeps rate unchanged, cuts growth forecast
The Bank of Israel Monetary Committee, headed by Governor Prof. Amir Yaron, has announced that it has kept the…
Sempra Selling Assets as Shares Flounder in Wake of Forecast Cut
Breadcrumb Trail Links PMN Business Sempra is launching a process to sell some natural gas assets just weeks after shares…
FedEx shares slide as annual forecast cuts stoke worries on economy
By Shivansh Tiwary (Reuters) -FedEx’s shares fell 11% on Friday after the parcel delivery firm cut its annual forecasts, fanning…
Infosys, TCS, HCL Tech in focus as Accenture raises full-year revenue forecast on AI demand
Shares of IT stocks TCS, HCL Tech and Infosys will be in focus after global peer Accenture raised the lower…
Infosys, Wipro ADRs fall by 3% after Accenture raises full-year revenue forecast
The American Depository Receipts (ADRs) of Infosys fell 3.6% while those of Wipro were down 3.2% on Thursday following Accenture’s…
Federal Reserve cuts US growth forecast as Trump’s policies weigh on outlook
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US central bank cuts growth forecast and boosts inflation outlook
The Federal Reserve held US interest rates steady on Wednesday even as officials cut their growth forecasts and raised their…