Rebound
Lenovo beats estimates with AI helping PC sales rebound
LENOVO Group reported a third successive quarter of better-than-expected profit as the company exited a nadir for PC and server demand.
Top-tier maritime players to boost sales, margins on oil rebound and tight vessel supply
THE rising tide of strong demand for vessels in the oil and gas sector, amid tepid supply, has lifted Singapore-listed maritime players.According to Maybank analyst Jarick Seet, the tight...
Europe: Stocks rebound after last week’s selloff, eyes on earnings and data
EUROPEAN stocks closed higher on Monday, with British blue-chips nearing record levels as investors took comfort from easing tensions in the Middle East and looked ahead to earnings from European banks and...
Genting Singapore propels convincing Singapore market rebound; STI up 1.1%
THE Straits Times Index (STI) ended Thursday (Apr 18) at 3,187.66 points, up 1.1 per cent or 32.97 points, in a convincing recovery from war jitters and interest rate...
Rebound relief for Asian stocks; STI up 0.3% led by DBS, UOB
THE Straits Times Index (STI) ended Wednesday (Apr 17) at 3,154.69, up 9.93 points or 0.3 per cent, signalling that a knee-jerk reaction to a potential war in the...
Europe: Shares rebound from one-month low; ECB rate verdict up next
EUROPEAN shares staged a recovery after a knee-jerk reaction to a high US inflation reading on Wednesday (Apr 10), with investors turning their focus to the European Central Bank’s...
Hon Hai sales slump offers little hope for iPhone rebound
HON Hai Precision Industry missed revenue estimates in the first quarter after being dragged down by sagging iPhone sales, especially in China.The biggest iPhone contract manufacturer, also known as...
China’s Huawei continues rebound with strongest earnings growth since 2019
CHINA’S Huawei Technologies saw its fastest growth in four years in 2023, with a rebound in its consumer segment and income from new businesses like smart car components accelerating...
