Leadership
Apple disappoints investors with tepid forecast, China weakness
APPLE Inc, heading into its most critical sales period of the year, sparked fresh concerns about revenue growth and lingering weakness in an intensely competitive China market.Following the company’s...
Gold ETFs shine on rising interest from the West
Rate cuts by central banks reducing opportunity cost of holding the precious metal GOLD has long been a favourite among Asian investors. Now, rising interest in gold exchange-traded funds...
TotalEnergies’ profit drops more than expected as oil prices fall
TOTALENERGIES reported a bigger-than-expected drop in profit for the third quarter as refining margins and oil prices fell.
Following a period of unusually high oil and gas prices in recent...
Merck narrows sales outlook with Gardasil lagging in China
MERCK lowered the top end of its full-year sales guidance after demand for its HPV vaccine fell for a second straight quarter in China.
Sales of the Gardasil shot, which...
US: Wall St opens lower after Meta, Microsoft cost warnings
WALL Street’s main indexes opened lower on Thursday (Oct 31) as warnings from Meta Platforms and Microsoft about rising AI costs sobered some of the buzz around megacap stocks,...
Hong Kong’s underwater mortgages hit 22-year high on weak market
The value of negative-equity loans reached HK$207.5 billion in end-September, up from HK$155 billion in JuneTHE value of mortgages in Hong Kong that have exceeded the worth of the...
Strong wealth segment likely to boost Q3 earnings at Singapore banks: analysts
They expect local lenders to continue posting stable results amid lower net interest marginsSTRONG wealth management fees are likely to have continued boosting earnings at the three local banks...
Shell reports drop in Q3 net profit
BRITISH energy major Shell on Thursday (Nov 1) announced a sharp drop in net profit for the third quarter, as it was hit by lower oil prices and weaker...
