expects
Malaysia expects ringgit to rise this year, rules out currency peg
MALAYSIA’S finance ministry on Thursday dismissed adjusting monetary policy or pegging the ringgit to support the weakened currency, saying it expects the ringgit‘s value to appreciate this year. The ringgit has fallen about 3.7...
OCBC posts record S$7.02 billion earnings for FY2023; expects lower NIMs, slow loan growth in 2024
SINGAPORE’S second-largest lender OCBC will likely post lower net interest margins (NIMs) and slow loan growth in 2024 amid a global growth slowdown, said OCBC group chief executive Helen...
JPMorgan CFO expects trading revenue to decline in first quarter
JPMORGAN Chase CFO Jeremy Barnum said he expects trading revenue to decline by 5 to 10 per cent in the first quarter compared with a strong quarter in the...
GHY expects 94 million yuan loss following cancelled China football games with Al Nassr
GHY Culture and Media said on Tuesday (Feb 27) that it is expecting a loss of 94 million yuan (S$17.6 million) arising from two cancelled football games with Al...
OUE Healthcare expects higher H2, FY23 profit on fair-value gains
CATALIST-LISTED OUE Healthcare is expecting a higher year-on-year profit after tax for the second half and full year ended Dec 31, 2023, based on a preliminary assessment of its...
UK minister expects laws on stablecoins, staking within six months
THE UK government plans to get new rules governing stablecoins and staking services for cryptoassets approved by lawmakers within the next six months as pressure ratchets up to deliver...
Serial System expects net loss for FY2023
ELECTRONIC components and consumer products distributor Serial System is expecting a net loss for the financial year ended Dec 31, 2023. Based on a preliminary review of the group’s...
Zico Holdings says it expects to post ‘substantial net loss’ for FY2023
PROFESSIONAL services provider Zico Holdings said that it expects to report “a substantial net loss” for its financial year ended Dec 31, 2023. In a profit guidance update released...
