Lifestyle
NYSE-parent ICE’s revenue misses as muted IPO markets offset record energy trading
INTERCONTINENTAL Exchange (ICE) reported first-quarter revenue slightly below estimates on Thursday (May 2) as an uneven recovery in US initial public offerings cut into the upswing from record trading...
Thomson Reuters lifts 2024 forecast on first quarter revenue result
THOMSON Reuters beat first quarter revenue forecasts, lifted its financial outlook for 2024 and raised its annual dividend by 10 per cent to US$2.16 on Thursday (May 2) as...
US: Wall St opens higher after Fed leaves interest rates alone
Wall Street’s main indexes opened higher on Thursday (May 2), a day after the Federal Reserve left interest rates unchanged and allayed worries around potential rate hikes, with focus...
Japan’s Sumitomo Corp net profit down 32% on Madagascar one-off loss
JAPANESE trading house Sumitomo Corp reported net profit for the fiscal year ended in March fell 31.7 per cent from a year earlier to 386.4 billion yen (S$3.4 billion),...
Moderna beats quarterly estimates as cost-cutting pares losses
Moderna reported a narrower first-quarter loss than Wall Street had expected, as the biotech giant’s cost-cutting helped offset a steep decline in its Covid business.The Cambridge, Massachusetts-based company reported...
DBS customers unable to login to Digibank, PayLah! on Thursday
DBS customers appeared to have issues logging into the bank’s Digibank and PayLah! apps on Thursday (May 2).
On outage tracker site Downdetector, more than 3,000 reports have been...
Shell maintains pace of buybacks as profit beats estimates
Shell kept up the pace of share buybacks as first-quarter profit dropped less than expected, maintaining the focus on shareholder returns that has become a hallmark of the oil...
Sumitomo to bolster shareholder returns in new mid-term plan
Japanese trading firm Sumitomo said it will buy back its stock and adopt a progressive dividend policy, bringing it in line with the other four major peers in an...
