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Greece to sell entire stake in Piraeus Bank in early March, sources say
GREECE’S bank bailout fund is likely to sell its entire 27 per cent stake in Piraeus Bank in early March,...
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HRnetGroup H2 profit rises 7.1% to S$35.3 million on strong profit margin
MAINBOARD-LISTED HRnetGroup posted a 7.1 per cent rise in net profit to S$35.3 million for the second half of 2023,...
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IReit Global’s H2 DPU falls 26.6% to 0.0094 euro
EUROPE-FOCUSED real estate investment trust (Reit) IReit Global reported on Thursday (Feb 22) a 26.6 per cent decline in distribution...
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Genting Singapore H2 profit rises 31% to S$334.9 million on strong post-pandemic recovery
INTEGRATED resort operator Genting Singapore posted a 31 per cent rise in net profit to S$334.9 million for the second...
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Singapore stocks rise on Thursday as regional indices gain, Nikkei 225 makes major rally
SINGAPORE stocks ended Thursday (Feb 22) in the black, tracking climbs in regional markets as Japan’s Nikkei 225 broke a...
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Lloyds profit jumps despite UK outlook, motor finance provision
LLOYDS Banking Group reported a 57 per cent jump in profit for 2023 on Thursday (Feb 22), as Britain’s faltering...
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Profits at Britain’s Rolls-Royce more than doubled in 2023
BRITAIN’S Rolls-Royce said annual profit more than doubled last year, beating consensus, and it forecast a further jump in 2024...
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Maintaining liquidity a short-term hit to NIMs, but long-term benefit to fees, customer growth: UOB CEO
UOB’s net interest margins (NIMs) have taken a hit from the bank’s prudent move to protect liquidity. But investors should...
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China’s Xpeng signs partnership with UAE’s Ali&Sons, eyes Italian market
CHINA’S Xpeng on Thursday (Feb 22) said it has established a strategic partnership with UAE-based Ali&Sons and added Italy to...
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Japan’s crazy 1980s bubble a dim memory as Nikkei hits record high
AS JAPANESE shares finally reclaim past peaks it harks back to a time when everyone in the country seemed to...
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