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Standard Chartered profit beats forecasts as income boost outweighs credit losses
STANDARD Chartered beat forecasts on Thursday (May 2) with a 5.5 per cent rise in its first-quarter pretax profit, as the income boost from higher interest rates and a...
US lawmakers strike deal to boost aviation safety, will not hike pilot retirement age
US HOUSE and Senate negotiators said on early Monday they have reached a deal to boost air traffic controller staffing and boost funding to avert runway close call incidents,...
UBS weighs synthetic risk transfer amid capital boost proposals
UBS Group is considering bringing a synthetic credit risk transfer to the market, according to people with knowledge of the matter, amid Swiss reform proposals that could see the...
Europe: Stoxx 600 falls on banks drag; tech contains losses on ASMI boost
EUROPE’S benchmark stock index dropped on Wednesday (Apr 24) as financials sagged on disappointing earnings from Swedish lender Handelsbanken, while technology stocks limited losses after ASM International’s strong forecast.The...
Top-tier maritime players to boost sales, margins on oil rebound and tight vessel supply
THE rising tide of strong demand for vessels in the oil and gas sector, amid tepid supply, has lifted Singapore-listed maritime players.According to Maybank analyst Jarick Seet, the tight...
US: Wall St opens higher on tech boost, upbeat earnings
WALL Street’s main indexes opened higher on Wednesday (Apr 23), with Tesla leading gains among megacap stocks after its quarterly results, while upbeat earnings reports across other sectors also...
Europe: Tech, retail stocks boost Stoxx 600 to one-week high
EUROPEAN shares logged their best day in six weeks on Tuesday, driven by the retail and technology sector as investors found comfort in upbeat corporate updates, while the UK’s FTSE...
Higher gross rental income, lower expenses boost CICT’s Q1 NPI by 6.3% to S$293.7 million
CAPITALAND Integrated Commercial Trust (CICT) on Friday (Apr 19) posted a 6.3 per cent rise in net property income (NPI) to S$293.7 million for its first quarter end :...