expects
Nvidia expects no ‘doomsday’ in US vs China tensions
NVIDIA chief Jensen Huang said on Tuesday he does not expect a “doomsday scenario” but is readying for the worst over tension between China and the United States. The...
Second Chance Properties expects H1 net profit to ‘decrease significantly’
MAINBOARD-LISTED company Second Chance Properties expects net profit for its first half ended Feb 29, 2024 to “decrease significantly” on year. This is compared to net profit of S$9.2...
Broadcom expects AI demand to help offset weakness elsewhere
BROADCOM, a chip supplier for Apple and other big tech companies, predicted that AI spending would fuel growth more quickly than expected this year, even as sluggish demand in...
Goldman Sachs expects US buybacks to top US$1 trillion in 2025
GOLDMAN Sachs expects US share buybacks to exceed US$1 trillion for the first time in 2025, driven by strong earnings growth from technology companies and looser financial conditions as...
UK’s ITV expects ad recovery to boost profits
BRITAIN’S ITV, the maker of Mr Bates vs the Post Office, said it expected a recovery in the advertising market to help boost its profits this year after on...
Singtel sells 0.8% direct stake in Airtel, expects S$700 million gain
SINGTEL has sold 49 million of its shares in Bharti Airtel, amounting to a 0.8 per cent stake in its Indian associate, for 1,193.70 rupees per share to US-based...
US dollar slips as Fed’s Powell says he still expects rate cuts this year
THE US dollar slipped to a one-month low against the euro on Wednesday (Mar 6) after Federal Reserve chair Jerome Powell said continued progress on inflation “is not assured,”...
Volkswagen expects slower sales growth as economic outlook dims
VOLKSWAGEN forecast on Friday (Mar 1) that sales growth would slow in 2024, joining competitors in warning of a weaker economic outlook, rising competition and higher costs. Europe’s top...
