Quarter
China’s Big Five lenders see margins shrink in the first quarter
MARGINS at China’s Big Five lenders shrank during the first quarter as banks came under pressure to support cash-starved property developers while loan demand remained weak.
Agricultural Bank of China’s...
Airbus net profit soars 28% in first quarter
EUROPEAN aircraft manufacturer Airbus posted on Thursday a 28 per cent increase in first-quarter net income, thanks to rising deliveries and growing production.Net profit in the quarter rose to...
LSEG reports in-line first quarter as Microsoft partnership progresses
LONDON Stock Exchange Group said on Thursday (Apr 25) its first quarter growth was in line with plans for the roll out of products from its partnership with Microsoft,...
Prada’s sales up 16% in first quarter as Miu Miu shines
REVENUES at Italian luxury group Prada rose 16 per cent at constant exchange rates in the first quarter, driven by a jump in Miu Miu sales and continued growth...
LVMH’s first quarter sales growth slips to 3% on luxury slowdown
LVMH reported a 3 per cent rise in first quarter sales on Tuesday (Apr 16), marking a slowdown as rising prices prompted more shoppers who aspire to own its...
Europe: Stoxx 600 closes second-straight quarter with gains
EUROPE’S Stoxx 600 closed at a record high on Thursday, finishing its second-straight quarter in gains, with retailer JD Sports notching its strongest day in over four years after...
China’s Didi swings to profit in fourth quarter
DIDI Global, China’s largest ride-hailing company, on Saturday (Mar 23) reported a fourth-quarter profit, indicating that the Chinese ride-hailing leader has gradually recovered from difficulties after prolonged regulatory scrutiny....
Swiss National Bank surprises with quarter point interest rate cut
THE Swiss National Bank cut its main interest rate by 25 basis points to 1.5 per cent on Thursday (Mar 21), a surprise move which made it the first...
