Asia refiners lament pricey Saudi oil as profits, Iran risk loom
In Singapore, Asia’s oil-pricing hub, margins for complex refineries fell to near parity last week, with yields hovering below seasonal ...
Tag: Profits
Hong Kong shares snap 6-day winning streak as investors take profits
HONG Kong stocks fell on Thursday (Oct 3) as investors took profits, ending a six-session rally fuelled by a flurry ...
US bank profits jump 11% in second quarter of 2024 as expenses shrink
THE US banking industry recorded profits of US$71.5 billion in the second quarter of 2024, up 11.4 per cent on ...
US bank profits jump but watchdog warns of stress
THE US banking industry recorded higher profits in the second quarter of 2024, but the Federal Deposit Insurance Corporation (FDIC) ...
China’s mega banks deliver on dividend pressure as profits fall
CHINA’S biggest lenders heeded calls from regulators to boost dividends and support markets even as earnings are under pressure from ...
Hong Kong’s bourse reports 3% drop in first-half profits, Q2 activities pick up
HONG Kong’s bourse operator said it’s cautiously optimistic for the year despite a 3 per cent drop in first-half profits ...
Hong Kong’s bourse reports 3% drop in H1 profits, Q2 activities pick up
HONG Kong’s bourse operator said that it is cautiously optimistic for the year despite a 3 per cent drop in ...
European insurers enjoy big profits after premium hikes
SEVERAL European insurers recorded bumper first-half profits on Thursday (Aug 8), as customers burnt by a pandemic, war and a ...
Ford profits tumble on higher costs, hitting shares
FORD shares tumbled on Wednesday (Jul 24) after the automaker reported lower than expected profits on higher costs connected to ...
General Motors profits rise on strong North American sales
General Motors reported higher profits on Tuesday (Jul 23) behind another round of strong North American auto sales that compensated ...
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