Business
US: Wall St closes with slight gains as data keeps Fed cut expectations on track
US stocks closed out the trading week with slight gains on Friday (Dec 5) as the latest flurry of economic data kept elevated expectations…
Tag
expectations
Politics
Voter turnout exceeds expectations in California's Prop. 50 special election
Early voter turnout is exceeding expectations in California’s Nov. 4 special election over redrawing the state’s congressional districts,…
News
Japan's Nikkei hits record after fiscal dove Takaichi's election win
By Junko Fujita and Rocky Swift TOKYO (Reuters) -Japan's Nikkei share gauge surged past the 47,000 level for the first time on Monday…
Business
US: Wall Street opens higher on rate cut expectations
Wall Street’s main indexes opened higher on Tuesday (Sep 16) as investors priced in expected interest rate cuts from the Federal Reserve…
Business
US: Wall St opens higher as Fed rate cut expectations firm
Wall Street’s main indexes opened higher on Monday (Sep 8), rebounding from the previous session’s decline, amid hopes that the Federal…
Business
US Fed rate-cut expectations climb following weak job market report
Disappointing employment data released on Friday (Sep 5) validated fears that the US labour market may be on the brink of a downturn and…
Business
Shell’s profit drops by almost a third on lower oil prices, but beats expectations
Shell’s second-quarter net profit tumbled by almost a third on Thursday (Jul 31), dragged down by a drop in oil prices, lower gas trading…
Business
ASML orders beat expectations after AI spending fuels demand
ASML Holding’s orders in the second quarter beat estimates after the artificial intelligence (AI) boom drove demand for its sophisticated…
Business
UOB misses expectations with Q1 profit flat at S$1.49 billion
UOB’s net profit for its first quarter was flat amid broad-based growth, it said on Wednesday (May 7). Net profit for the three months…
Business
Mastercard profit beats expectations on resilient consumer spending
MASTERCARD beat Wall Street estimates for first-quarter profit on Thursday as customers kept up spending on its card network despite the…
Business
UBS Q1 profit tops expectations on tariff-driven volatility in markets
S bank UBS on Wednesday posted better than expected first-quarter net profit, helped by stronger earnings in trading driven by market…
Business
Fed Under Pressure as Inflation Expectations Surge
Federal Reserve officials have had one clear message since President Trump sharply escalated the global trade war this month. Keeping…
Business
BlackRock misses long-term flow expectations amid Asia outflows
The world’s largest asset manager BlackRock pulled in a less-than-expected US$83 billion of client money to its investment funds in the…
Business
UOB beats expectations with Q4 profit up 8.6% to S$1.52 billion; announces S$3 billion capital distribution package
The lender has proposed a final dividend of S$0.92 per share and special dividend of S$0.50 per ordinary share UOB on Wednesday (Feb 19)…
Business
Maybank upgrades Singtel’s AIS to buy, raises price target on further profit growth expectations
Maybank Securities upgraded Singtel’s Thai associate Advanced Info Service (AIS) to “buy” from “hold”, due to a strong outlook and healthy…
Business
Japan's December household spending beats expectations
TOKYO (Reuters) - Japanese household spending rose for the first time in five months in year-on-year terms in December and at a much…
Business
IBM gives long-term sales growth outlook that tops expectations
INTERNATIONAL Business Machines (IBM) gave a stronger-than-expected revenue growth outlook for the coming years led by the expansion in…
Business
UBS quarterly profit smashes expectations, US$3 billion buyback unveiled
UBS Group, Switzerland’s largest bank, on Tuesday (Feb 4) posted net income of US$770 million for the fourth quarter of 2024, trouncing…
Business
Intel’s quarterly revenue tops expectations as investors await new CEO
INTEL on Thursday posted December-quarter results that beat analysts’ low expectations, while its forecast for current-quarter revenue…
Business
Meta warns first-quarter revenue will miss Wall Street expectations
META Platforms fourth-quarter revenue beat Wall Street expectations on Wednesday (Jan 29) but the company predicted sales in the current…
Business
NEV development in China: a review of 2024 and expectations for 2025
By the end of November 2024, the total volume of New Energy Vehicles (NEVs) in the Chinese market reached a historic high of 9.7 mn units…
Business
iPhone maker Hon Hai Q4 sales beat expectations on strong AI demand
Nvidia and Apple assembly partner Hon Hai Precision Industry reported better-than-expected sales growth last quarter as the artificial…
Business
Nasdaq affected by interest rate expectations
THE Nasdaq-100 Index was up 25.46 per cent as at Dec 19, despite a correction of 3.56 per cent on Dec 18. The US stock market has seen…
Business
Oil steady as markets weigh Fed rate cut expectations, Chinese demand
Oil prices were little changed at their settle on Friday (Dec 20) as markets weighed Chinese demand and interest rate-cut expectations…