Profit
HSBC launches US$3 billion buyback after Q1 profit drops 25%, raises tariff alarm
[HONG KONG] HSBC launched a US$3 billion share buyback after reporting a 25 per cent fall in first-quarter profit on Tuesday (Apr 29), and warned of a possible hit...
HSBC sounds Trump tariff alarm, taking shine off Q1 profit and buyback
HSBC warned that loan demand and credit quality could suffer from the broader fallout of US President Donald Trump’s global trade war, signalling tougher times for trade-focused banks even...
HSBC sounds Trump tariff alarm, taking shine off stellar Q1 profit and buyback plans
HSBC warned that loan demand and credit quality could suffer from the broader fallout of US President Donald Trump’s global trade war, signalling tougher times for trade-focused banks even...
UOI Q1 profit before tax dips 3% to S$7.8 million on lower non-underwriting income
The fall is attributed to lower non-underwriting income, which dropped 12% to S$3.7 million[SINGAPORE] United Overseas Insurance (UOI), the general insurance arm of UOB, posted a profit before tax...
iFast shares plunge 12% after firm cuts its Hong Kong profit guidance
They had cut 2025 Hong Kong profit before tax target to HK$380 million from HK$500 million [SINGAPORE] - iFast shares plunged as much as 12 per cent on Monday...
iFast plunges 12% after cutting its Hong Kong profit guidance
This is after the company lowered its 2025 Hong Kong profit before tax target to HK$380 million from HK$500 million [SINGAPORE] iFast shares plunged as much as 12 per...
CapitaLand Ascott Trust gross profit rises 4% in Q1
[SINGAPORE] CapitaLand Ascott Trust’s (Clas) managers said on Monday (Apr 28) that the trust’s gross profit rose 4 per cent year on year in the first quarter of 2025....
iFast Q1 net profit rises 31.2% to S$19 million on continued growth in UK bank, wealth management platform business
[SINGAPORE] Digital bank and wealth management platform iFast said its net profit rose 31.2 per cent year on year to S$19 million for the first quarter ended Mar 31,...
