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Banking on stimulus, China steelmakers ramp up output
BEIJING/SINGAPORE: China's steel mills are rapidly cranking up output on rising profit margins and hopes that government stimulus will revive consumption, despite an overhang of inventories and a slowdown in global steel demand due to the coronavirus pandemic.
Star Media subsidiary Cityneon to see rising profit margins, say analysts
PETALING JAYA: Singapore-listed Cityneon Holdings Ltd, a subsidiary of the Star Media Group Bhd, is poised to see rising profit margins driven by its cash-generating exhibition production and distribution unit, say analysts.
Commodity price slump sends slow ripples
LONDON: Lower air fares, cheaper food and rising profit margins are among the benefits that should flow from tumbling oil and commodity prices – but only after a long lead time.
Commodities slump sends slow ripples through world economy
LONDON: Lower airfares, cheaper food and rising profit margins are among the benefits that should flow from tumbling oil and commodity prices - but only after a long lead time.
US economy declining, but recession abating
The U.S. economy is still in decline but results from a new survey show evidence the recession is abating as more companies see rising demand for their products, taper plans for job cuts and report profit margins on the uptick.