Business
Volvo Cars to cut costs by 18 billion Swedish crowns as earnings drop
Sweden-based Volvo Cars launched cost cuts of 18 billion Swedish crowns (S$2.4 billion) on Tuesday (Apr 29) as its operating profit fell…
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earnings
Business
US: Stocks open higher as busy week for earnings, data kicks off
[new york] Wall Street’s main indexes opened slightly higher on Monday (Apr 28), as investors braced for a week packed with key economic…
Business
Google says will buy back US$70 billion in shares, posts earnings beat
[BENGALURU/SAN FRANCISCO] Google parent Alphabet said it would buy back US$70 billion worth of shares as it reported first-quarter profit…
Business
US: S&P 500 edges higher with trade negotiations, earnings in focus
The S&P 500 edged up at the open on Thursday (Apr 24), as investors assessed a bevy of mixed corporate results and developments in the…
Business
Tesla Earnings Plunge Because Everyone Hates Elon Musk
Elon Musk’s far-right turn as the head of the Department of Efficiency has apparently tanked Tesla’s earnings. In a humiliating…
Business
S-Reits kick off earnings season; Sabana REIT and Keppel DC REIT report double-digit jump in DPU so far
Sabana Industrial Reit (Sabana) kicked off the current earnings release season for S-Reits on Apr 15 with the release of its Q1 2025…
Business
Impact of Trump’s tariffs, interest costs in focus as S-Reits report Q1 earnings
Market watchers will be looking for managers of Singapore-listed real estate investment trusts (S-Reits) to shed light on their strategies…
Business
Canada Will Use Its Retaliatory Tariff Earnings to Aid Workers and Businesses
The 25 percent tariff Canada began collecting on cars and trucks imported from the United States early Wednesday is notjust the country’s…
Business
Wall Street braces for souring corporate earnings amid trade war
US stocks reeling from the impact of President Donald Trump’s tariffs face another big test starting later this week: corporate earnings.…
Business
Chinese shipping earnings face ‘harder-than-expected’ tariff hit as recession risks rise
Chinese shippers may see an outsized hit on earnings as the latest tariffs from US President Donald Trump risk hammering global trade.…
Business
OCBC shares fall nearly 3% after Q4 earnings miss
Fourth-quarter net profit of S$1.69 billion falls short of the S$1.78 billion consensus forecast SHARES of OCBC fell in early trading on…
Business
Yangzijiang Financial H2 earnings soars to S$197.3 million
INVESTMENT management firm Yangzijiang Financial reported a net profit of S$197.3 million in the second half ended Dec 31, 2024, an…
Business
Yangzijiang Financial H2 earnings soar to S$197.3 million
INVESTMENT management firm Yangzijiang Financial reported a net profit of S$197.3 million in the second half ended Dec 31, 2024, an…
Business
StanChart to return US$1.5 billion more as Q4 earnings beat estimates
STANDARD Chartered said it would hand back US$1.5 billion more to shareholders as it reported fourth-quarter earnings that beat estimates,…
Business
StanChart to return US$1.5 billion more as earnings beat
STANDARD Chartered said it would hand back US$1.5 billion more to shareholders as it reported fourth-quarter earnings that beat estimates,…
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…
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
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
DBS posts 11% rise in Q4 profit to S$2.52 billion; full-year earnings hit record S$11.29 billion
The lender proposed a final dividend of S$0.60 Singapore cents per share for the fourth quarter DBS posted net profit for the fourth…
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…