Earnings
Europe: Shares end week at record highs on earnings boost
EUROPEAN shares closed at a record peak for a second day on Friday (Feb 23) after gains in Standard Chartered following a strong earnings report, while comments from European...
Singapore stocks fall amid disappointing earnings; STI down 1.2%
THE Straits Times Index fell 1.2 per cent or 38.03 points to 3,184.91 on Friday (Feb 23) amid weak earnings results. Across the broader market, losers beat gainers 326...
Glencore’s 2023 earnings halve on lower commodity prices
GLENCORE said on Wednesday (Feb 21) lower commodity prices had halved its earnings last year, and slashed its payout to investors, as the company saves to fund the acquisition...
SIA Q3 earnings up 4.9% to S$659 million as North Asia markets fully reopen to robust passenger demand
The revenue gain was due to high passenger demand, as passenger flown revenue climbed 10.6 per cent to S$4.2 billion, despite a 7.4 per cent decline in passenger yields...
Sembcorp executives guide for higher dividends, earnings as H2 profit rises 15% to S$412 million
SEMBCORP Industries posted a 15 per cent year-on-year rise in net profit to S$412 million for the second half of its financial year ended Dec 31, 2023. This was...
Air New Zealand warns competition, slow demand will hit earnings
AIR New Zealand warned that earnings will drop in the six months to June amid increased competition from United States rivals and slowing corporate demand. Full-year pretax profit could...
Europe: Markets round off busy week of data, earnings with fresh 2-year highs
EUROPEAN shares ended a data-packed week on an upbeat note with stellar earnings updates and hopes of imminent rate cuts by the European Central Bank lifting investors’ appetite for risky assets. The...
Manulife extends Asia earnings goal by two years
CANADA’S largest insurer Manulife Financial Corp on Thursday (Feb 15) extended its goal to account Asia unit for half of its core earnings by 2025 by 2 years, citing...
