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Temu-owner PDD Holdings profit dives as it faces challenges at home and abroad

[SHANGHAI] Chinese e-commerce firm PDD Holdings saw first-quarter net profit fall 47 per cent to 14.7 billion yuan (S$2.6 billion) as its domestic platform suffered from intense local competition and its international

1 year ago

by EU Venture Capital

Global trade faces economic and trade policy headwinds

Global macroeconomic indicators improved in early 2025 but have since taken a cooler outlook. In its April World Economic Outlook, the International Monetary Fund lowered its baseline forecast for world growth in

1 year ago

World

Temu-owner PDD Holdings profit dives as it faces challenges at home and abroad

By Arsheeya Bajwa and Casey Hall (Reuters) -Chinese e-commerce firm PDD Holdings saw first-quarter net profit fall 47% to 14.74 billion yuan ($2.05 billion) as its domestic platform suffered from intense local

1 year ago

World

Japan’s Economy Faces Contraction Due to Global Trade Tensions – News and Statistics

May 16, 2025 Japan’s economy experienced its first contraction in a year during the March quarter, as reported by Reuters. The latest data reveals a 0.7% annualized decrease in GDP, a figure

1 year ago

World

US furniture manufacturing faces pressure from global trade, tariff policies

FOX Business’ Gerri Willis speaks to STI Fabrics CEO Sean Gibbons about opportunity coming from the move on ‘The Big Money Show.’ Trade tensions are hitting home for American furniture manufacturers. Many

1 year ago

World

As Tariffs Cloud Global Trade, Automation’s Role in U.S. Manufacturing Faces a Crucial Test

With new rounds of U.S. tariffs grabbing headlines, the intertwined fates of American manufacturing and robotics automation are coming into sharper focus. As policy-makers in Washington debate the future of trade with

1 year ago

World

ACCO Faces Uncertainty Beyond Q2 Amid Global Trade Challenges

ACCO Brands has decided not to offer a full-year outlook for 2025 sales, adjusted earnings per share (EPS), and free cash flow due to the uncertainties surrounding global trade dynamics, which limit

1 year ago

World

Australian Dollar faces headwinds due to rising odds of RBA’s rate cut in May

The Australian Dollar remains under pressure amid expectations that the RBA will deliver another 25-basis-point rate cut in May. Chinese Foreign Minister Wang Yi emphasized that dialogue is essential for resolving US-China

1 year ago

World

Thailand Faces Major Threats from Global Trade Slowdown

Trump’s import tariffs could raise U.S. rates significantly, impacting Thailand with a 36% tariff. This may harm Thai exports and intensify global trade competition, prompting urgent negotiations for mitigation. Implications of Trump’s

1 year ago

World

Thomson Bike Products faces tariff concerns amid trade talks

Thomson Bike Products hopes ongoing trade negotiations avoid impacting its global operations. MACON, Ga. — A central Georgia manufacturing company says they hope trade negotiations as proposed tariffs will not impact their

1 year ago

World

Coupang (NYSE:CPNG) Faces 10% Weekly Decline Amid Global Trade Concerns

Coupang experienced a 10% decline in its share price over the past week, reflecting broader market turmoil amidst escalated tariff tensions. The Nasdaq and the S&P 500 both entered dire phases, with

1 year ago

World

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Faces

Temu-owner PDD Holdings profit dives as it faces challenges at home and abroad

Global trade faces economic and trade policy headwinds

Temu-owner PDD Holdings profit dives as it faces challenges at home and abroad

Japan’s Economy Faces Contraction Due to Global Trade Tensions – News and Statistics

US furniture manufacturing faces pressure from global trade, tariff policies

ACCO Faces Uncertainty Beyond Q2 Amid Global Trade Challenges

Australian Dollar faces headwinds due to rising odds of RBA’s rate cut in May

Thailand Faces Major Threats from Global Trade Slowdown

Thomson Bike Products faces tariff concerns amid trade talks

Coupang (NYSE:CPNG) Faces 10% Weekly Decline Amid Global Trade Concerns

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