Losses
Standard Chartered profit beats forecasts as income boost outweighs credit losses
STANDARD Chartered beat forecasts on Thursday (May 2) with a 5.5 per cent rise in its first-quarter pretax profit, as the income boost from higher interest rates and a...
SK Innovation expects solid Q2 refining margins, battery unit widen losses
SK INNOVATION, owner of South Korea’s top refiner SK Energy, said on Monday (Apr 29) it expects solid refining margins to continue in the second quarter backed by firm...
Europe: Stoxx 600 falls on banks drag; tech contains losses on ASMI boost
EUROPE’S benchmark stock index dropped on Wednesday (Apr 24) as financials sagged on disappointing earnings from Swedish lender Handelsbanken, while technology stocks limited losses after ASM International’s strong forecast.The...
TSMC estimates losses of US$92.4 million due to Taiwan earthquake
TAIWAN chipmaker TSMC said the biggest earthquake in at least 25 years that struck the island on April 3 caused estimated losses of US$92.44 million to the company in...
TSMC estimates losses of US$92.4 million due to Taiwan earthquake
TAIWAN chipmaker TSMC said the biggest earthquake in at least 25 years that struck the island on April 3 caused estimated losses of US$92.44 million to the company in...
Vietnam’s EV maker VinFast reports narrowing losses even as sales fall
VINFAST Auto’s first-quarter loss narrowed while car sales declined as the Vietnamese EV maker sets ambitious goals to be a global brand amid declining worldwide demand for electric vehicles....
Asia: Stocks hit by Iran’s Israel strike, hopes for containment stem losses
EQUITIES tumbled on Monday in Asia after Iran ramped up Middle East tensions by launching a barrage of rockets at Israel over the weekend, fuelling fears of a wider...
Asia: Market tracks Wall Street losses as US data deals blow to rate cut hopes.
ASIAN markets reversed on Thursday (Apr 11) after forecast-topping United States inflation dealt a hefty blow to hopes for a June interest rate cut and forced traders to re-evaluate...
