Citi says it’s time to book profits in high-flying AI equities
THE rally in artificial-intelligence stocks may show little sign of flagging, but a historical review suggests it’s time to take ...
Tag: Profits
Singtel CEO’s lower pay belies turnaround, while SIA CEO’s higher pay may reflect peaking profits
Singtel is revitalising its core businesses and unlocking value while SIA has made the most of the pandemic-era shareholder support ...
Ferrari CEO on mission to boost profits – without selling too many cars
The new plant to make the brand’s electric cars won’t be out to boost production numbers; the carmaker wants to ...
Bank of Korea warns of developers’ debt risks as profits shrink
FINANCIAL troubles at South Korean developers may worsen as they start to bear the brunt of a market slump that ...
Tesla shareholder sues Musk to return billions in alleged unlawful profits
ELON Musk made billions of dollars by selling Tesla stock using insider information, an institutional shareholder accused in a lawsuit ...
US bank profits jump 79.5% as large firms shake off failed bank costs
PROFITS for the US banking sector surged 79.5 per cent to US$64.2 billion in the first quarter of 2024, boosted ...
Hongkong Land expects ‘significantly lower’ H1 profits amid weak buyer sentiment in China
PROPERTY developer Hongkong Land : H78 0% said that it expects its underlying profit for H1 FY2024 to be “significantly ...
Asia: Markets slump as traders take profits, eye commodities’ spike
ASIAN markets suffered a downturn on Tuesday after racking up a series of gains as profit-takers stepped in, while traders ...
Japan’s big banks forecast record profits, signal new optimism as domestic rates normalise
JAPAN’S three biggest banks forecast record income in the coming year on Wednesday (May 15), signalling increased optimism about an ...
Thai Beverage Q2 net profit falls 4.9% to 7 billion baht on lower profits from associates
THAI Beverage posted a 4.9 per cent drop in net profit to seven billion baht (S$257 million) for its second ...
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