Business
Seatrium achieves first full-year profit with S$120.9 million H2 earnings
On its return to profitability, the company proposes a final dividend of S$0.015 a share SEATRIUM swung into the black with a net profit…
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earnings
Business
Analysts raise target prices, dividend estimates on UOB as they get positive on earnings outlook
Maybank forecasts return on equity to increase, thereby driving higher valuations ANALYSTS have raised their target prices for UOB after…
Business
‘Mufasa,’ ‘Gladiator 2’ Lift Imax Quarterly Earnings as Company Predicts Record 2025
Holiday blockbusters like “Mufasa:The Lion King” and “Gladiator II” helped lift profits and revenues at Imax during its fourth quarter.…
Business
Singapore stocks end Wednesday higher on UOB earnings, Budget news; STI adds 0.2%
The bank’s Q4 profit of of S$1.52 billion beat analysts’ consensus forecast S$1.48 billion SINGAPORE equities closed higher on Wednesday…
Business
Sony Earnings Surge on Gaming and Music, Pictures Take a Hit
Sony Group Corporation turned in a strong third quarter for 2024, riding high on gaming and music while its film unit faced headwinds. The…
Business
Europe: Shares end at record peak on earnings boost; tariffs eyed
EUROPEAN shares eked out an all-time high on Wednesday (Feb 12), as investors cheered earnings reports from Heineken and ABN Amro,…
Business
Suncorp beats first-half cash earnings consensus estimate, declares special dividend
AUSTRALIAN insurer Suncorp Group reported a 30 per cent rise in its first-half cash earnings on Wednesday, beating consensus estimates, as…
Business
Coty’s Sales Decline in Q2 Amid Weak Demand in Asia and Tight Inventory Management Despite Strong Fragrance Performance
The fragrance effect that has boosted Coty for the past year was not enough to offset a trio of weak demand in Asia, FX headwinds and a…
Business
DBS posts 11% rise in Q4 profit to S$2.52 billion; full-year earnings hit record S$11.29 billion
DBS posted net profit for the fourth quarter that was 11 per cent higher compared with the year-ago period, but fell slightly short of…
Business
Maersk Q4 profit beats forecast, expects softer 2025 earnings
The Danish company, viewed as a barometer of world trade, said it expects an underlying Ebitda result of between US$6 billion and US$9…
Business
Google shares plummet after earnings disappoint
Just a few minutes after trading opened in New York, shares in Google-parent Alphabet were down 7.16% Shares in Google dropped by more…
Business
Uber’s fourth-quarter earnings miss overshadows bookings growth
UBER Technologies reported weaker-than-expected fourth-quarter earnings and operating income, overshadowing steady bookings growth.…
Business
Investors eye more share buybacks, special dividends as DBS, OCBC, UOB release Q4 earnings
The local banking trio are due to report their fourth quarter and full year 2024 results in February INVESTORS are keenly watching the…
Business
Tariffs worry Wall Street over earnings hit, inflation pressure
Investors are bracing for a looming hit to US corporate profits and pressure on inflation after President Donald Trump on Saturday (Feb 1)…
Business
US stocks are jumping on earnings wins by the most since 2018
WITH uncertainty swirling around the outlook for inflation and interest rates, there’s been one dependable catalyst keeping Wall Street’s…
Business
US: Wall St subdued at open after previous session's jump; earnings in focus
US main stock indexes opened flat to slightly lower on Thursday (Jan 23), as investors paused after Wall Street’s strong performance in…
Business
Indonesia’s new export earnings rule raises fears of cash crunch, competitive setbacks
Indonesia’s bold move to mandate exporters to park all earnings onshore for a full year starting Mar 1 has come in for some criticism,…
Business
Indonesia to force exporters to keep all US dollar earnings onshore for a year amid rupiah concerns
INDONESIA’S government plans to force commodity exporters to keep their entire foreign currency-denominated earnings onshore for at least…
Business
US: Wall St opens higher after inflation data, strong bank earnings
Wall Street’s main indexes opened higher on Wednesday (Jan 15), as data showed core inflation rose less than expected in December and…
Business
US stock market races reality check in high-bar earnings season
The US stock market’s strongest two-year rally since the dot-com bubble is heading for its next big test as companies start releasing…
Business
US stock market faces reality check in high-bar earnings season
The US stock market’s strongest two-year rally since the dot-com bubble is heading for its next big test as companies start releasing…
Business
DBS upgrades PropNex to ‘buy’, lifts target price by 21% on positive earnings outlook
DBS Group Research on Monday (Jan 6) upgraded its call for real estate agency PropNex to “buy” and raised its target price on the counter…
Business
Singapore bank earnings to continue riding higher-for-longer rates, wealth sector growth in 2025
SINGAPORE banks will likely post earnings growth in 2025, led by higher-for-longer rates and a strong wealth management business, analysts…
Business
CSE Global unit’s US lawsuit may impact 2024 earnings
The company could not quantify the impact, since legal proceedings are in the preliminary stage TECHNOLOGY solutions provider CSE Global…