Earnings
Dow briefly sprints past 40,000-mark on earnings boost, rate-cut bets
The Dow Jones Industrial Average briefly breached the 40,000-point level for the first time on Thursday (May 16), the blue-chip index’s fastest 10,000-point climb, powered by strong quarterly results...
Singapore Airlines might not yield another 24% rise in earnings for FY2025
SINGAPORE Airlines (SIA) : C6L 0% might not post the spectacular increase in its FY2024 earnings in the year ahead, as rising industry capacity would continue to exert downward...
Deutsche Telekom says quarterly core earnings up across the board
Deutsche Telekom just exceeded forecasts on Thursday (May 16), reporting first-quarter adjusted core earnings of 10.5 billion euros (S$15.35 billion), with European growth a stand-out.The result was slightly above...
Tencent shares jump after video drives big earnings beat
TENCENT Holdings climbed by the most in more than three weeks after better-than-anticipated earnings suggested the WeChat operator was making headway against ByteDance in a volatile Chinese Internet arena.China’s...
Europe: Upbeat earnings lift Stoxx 600 to record high, real estate stocks shine
EUROPE’S main share index notched a record high on Wednesday, as investors cheered robust earnings from the likes of UK’s Experian and Germany’s Commerzbank, while rate-sensitive stocks got a...
Frencken Q1 earnings up 73% to S$9 million on back of revenue growth, higher gross profit margin
SEMICONDUCTOR player Frencken Group : E28 0% reported a net profit of S$9 million for the first quarter ended Mar 31 for FY2023, up 73 per cent from S$5.2...
Tencent’s buyback plan in focus as China tech earnings start
INVESTORS will closely watch for Tencent Holdings’s buyback plan in earnings due on Tuesday (May 14) as the company’s shares rebound.The most valuable Chinese technology company is ramping up...