Earnings
DBS upgrades PropNex to ‘buy’, lifts target price by 21% on positive earnings outlook
DBS Group Research on Monday (Jan 6) upgraded its call for real estate agency PropNex to “buy” and raised its target price on the counter by 21.1 per cent...
Singapore bank earnings to continue riding higher-for-longer rates, wealth sector growth in 2025
SINGAPORE banks will likely post earnings growth in 2025, led by higher-for-longer rates and a strong wealth management business, analysts said.
While the growth may be slower than previous years’,...
CSE Global unit’s US lawsuit may impact 2024 earnings
The company could not quantify the impact, since legal proceedings are in the preliminary stageTECHNOLOGY solutions provider CSE Global said on Friday (Dec 27) that its financial performance for...
Never mind Trump, stocks may get a lift in 2025 from resilient US economy and corporate earnings
Singapore investing themes include riding elevated profitability at the banks; hunting for bargains among beaten down Reits; and watching for value unlocking initiativesUS FED chair Jerome Powell sounded almost...
Broadcom earnings top estimates after AI fuels sales growth
BROADCOM, a chip supplier for Apple and other big tech companies, posted better-than-expected profit in the fourth quarter after artificial intelligence demand helped bolster growth. Profit was US$1.42 a share...
China investors digest another letdown from big tech earnings
FROM Tencent Holdings to Alibaba Group Holding, China’s tech leaders delivered underwhelming numbers for a quarter beset by economic and geopolitical uncertainty. Whether or not they can win back...