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PetroChina’s strong drilling leads to record first half
PETROCHINA posted record earnings for the first half of the year as high drilling output and strong oil prices helped it weather weakening fuel demand in China. China’s largest...
Australia’s Coles beats annual profit view on strong supermarket sales
COLES, Australia’s second-largest grocer, posted its annual profit above analysts’ estimates on Tuesday, fuelled by strong sales at its supermarkets and improved inventory management that effectively mitigated theft-induced stock...
US: Wall Street slips at open after strong run, weak housing starts data
Wall Street’s main indexes opened lower on Friday (Aug 16) after a weak housing starts report dampened sentiment after the S&P 500 and the Nasdaq’s six-straight sessions of gains...
Centurion upbeat on strong student dorm demand, bed shortage in key study destinations
An analyst says the specialised accommodation operator’s strong rental reversions could be a catalyst for a re-rating of the counterMAINBOARD-LISTED Centurion Corporation expects the demand for purpose-built student accommodation...
Asia: Markets surge on strong US consumer data
JAPANESE stocks surged and markets across Asia started strong on Friday (Aug 16), tracking substantial gains on Wall Street after encouraging US retail sales data reassured investors about the...
Sun Life beats profit estimates on strong growth in Canada, Asia
SUN Life Financial, Canada’s second-largest life insurer, on Monday (Aug 12) beat analysts’ estimates for quarterly profit boosted by strong sales at home and in Asia, a key growth...
Singapore banks keep guard against rate cuts, market volatility in Q2, but expect to remain strong
They have taken various measures to reduce their interest rate sensitivity, lower funding costs, and ensure enough capitalSINGAPORE banks continue to shore up against market volatility and impending rate...
TSMC sales grow 45% in July on strong AI chip demand
TAIWAN Semiconductor Manufacturing Co’s (TSMC) revenue rose 45 per cent in July, accelerating its pace of growth from the June quarter and bolstering hopes for sustained strong demand for...
