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Strong fees, more resiliency will boost earnings in 2024 despite rising uncertainty: DBS CEO
Bank reports strong set of results in Q2 with net profit up 6% on year at S$2.79 billionA STRONG fees business and lower sensitivity to interest rates will likely...
China’s Honor gets strong state backing as it readies IPO
CHINESE smartphone maker Honor is receiving an unusually high level of support from local government backers, as the former Huawei unit prepares an initial public offering (IPO), according to...
SK Innovation sees strong refining margins; battery unit keeps break-even target
SK INNOVATION said on Thursday (Aug 1) it expects strong oil refining margins in the second half of the year as Opec+ production cuts buoy prices and the peak...
Danone sales beat forecasts amid strong Asia demand
DANONE said customers are back buying more expensive branded goods as cost-of-living pressures ease and some Asian markets recover.
The French yogurt maker said like-for-like sales increased 4 per cent...
Pfizer lifts annual profit forecast on strong cancer, heart drug sales
Pfizer also expects full-year revenue of US$3.5 billion from its antiviral drug, Paxlovid, which is used in high-risk Covid casesPfizer, which is dealing with a sharp revenue drop from...
US: Wall St opens strong as megacaps recover; inflation data in focus
Wall Street’s main indexes opened higher on Friday (Jul 26), with the Nasdaq taking the lead as most megacap tech and chip stocks recovered from the week’s pummelling and...
US: Wall Street opens muted after strong GDP data
The main US indexes opened flat on Thursday (Jul 25) as investors drew comfort from stronger-than-expected economic growth data, a day after megacap stocks steered a Wall Street slide.The...
AstraZeneca raises profit outlook on strong medicines demand
Anglo-Swedish drugmaker AstraZeneca raised its full year sales and profit forecast on Thursday (Jul 25) after beating analyst expectations for second-quarter revenue on strong demand for its cancer, rare...
