Gains

UOL posts 374% leap in H2 profit to S2.7m on gains from Parkroyal Kitchener sale
UOL posts 374% leap in H2 profit to S$572.7m on gains from Parkroyal Kitchener sale
REAL estate group UOL has announced a 373.9 per cent leap in net profit to S$572.7 million for its fiscal second half ended Dec 31, 2023, on a S$442.3...
Zoom gains after sales top estimates on enterprise customers
Zoom gains after sales top estimates on enterprise customers
ZOOM Video Communications reported quarterly sales and profit that topped analysts’ estimates, a sign that corporate customers are sticking with the software company. The shares gained more than 10...
Oil gains over US on possible shipping disruptions
Oil gains over US$1 on possible shipping disruptions
OIL prices gained on Monday as European diesel demand, constrained by Russian sanctions and shipping disruptions, pulled prices higher in a market jittery with US refinery output limited by planned...
Warren Buffett says Berkshire ‘built to last’ though eye-popping gains are over
Warren Buffett says Berkshire ‘built to last’ though eye-popping gains are over
WARREN Buffett on Saturday (Feb 25) moved to reassure investors that his conglomerate Berkshire Hathaway would serve them well over the long term, even as he mourned the recent...
Gold gains on dollar weakness, safe-haven demand
Gold gains on dollar weakness, safe-haven demand
GOLD prices were set for a weekly gain on Friday, buoyed by a softer dollar and safe-haven demand from escalating tensions in the Middle East, even as US Federal...
Moderna beats sales estimates as Covid shot gains market share
Moderna beats sales estimates as Covid shot gains market share
MODERNA reported fourth-quarter revenue that beat analysts’ expectations by gaining Covid vaccine market share on its rival, Pfizer. The company posted quarterly revenue of US$2.8 billion for its Covid-19...
Asia: Markets open higher after US tech gains
Asia: Markets open higher after US tech gains
ASIAN markets opened mostly up on Thursday, after higher-than-expected earnings from tech giant Nvidia and as investors weigh Fed minutes signalling most US officials are in no rush to...
OUE Healthcare expects higher H2, FY23 profit on fair-value gains
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...
HSBC CEO Quinn’s pay almost doubles as bonus pool gains 12%
HSBC CEO Quinn’s pay almost doubles as bonus pool gains 12%
HSBC Holdings’ chief executive officer Noel Quinn’s total pay nearly doubled to £10.6 million (S$18 million) in 2023, from £5.56m in 2022. The overall bonus pool rose by 12...
Oil gains marginally as demand jitters counter Middle East conflict
Oil gains marginally as demand jitters counter Middle East conflict
BRENT crude oil prices settled slightly higher in an abbreviated session on Monday, as lingering supply concerns from tensions in the Middle East were offset by signs of weakening demand. Oil markets’...