Strong

Insurer AIA new business value up 33% for FY2023 on strong premium sales
Insurer AIA new business value up 33% for FY2023 on strong premium sales
March 14, 2024
ASIA-FOCUSED insurer AIA Group reported a 33 per cent rise in FY2023 value of new business (VONB), driven by strong sales growth across its key markets. The insurer’s VONB,...
Asia: Most markets fall after strong US data, eyes on inflation
Asia: Most markets fall after strong US data, eyes on inflation
March 11, 2024
ASIAN markets mostly fell on Monday after a forecast-busting jobs report dampened US interest rate cut hopes, with attention now turning to the release of key inflation data this...
Europe: Stoxx 600 hits record high in strong start to March
Europe: Stoxx 600 hits record high in strong start to March
March 1, 2024
EUROPE’S benchmark index hit a new record high on Friday (Mar 1) propelled by rate-sensitive stocks, with investors continuing to cheer upbeat corporate earnings while looking past data that...
Sats posts S.5 million Q3 profit on strong cargo volumes, seasonal demand
Sats posts S$31.5 million Q3 profit on strong cargo volumes, seasonal demand
February 29, 2024
IN-FLIGHT caterer and ground handler Sats on Thursday (Feb 29) posted a 41.9 per cent quarter-on-quarter rise in third-quarter net profit to S$31.5 million from S$22.2 million. It recorded...
eBay reports strong holiday quarter, expands buyback plan
eBay reports strong holiday quarter, expands buyback plan
February 27, 2024
EBAY posted a strong holiday quarter, giving investors fresh hope that the company can boost profits following steep job cuts. The company also added US$2 billion to an existing...
Delfi H2 net profit down 14.1%; special dividend proposed on rising confidence, strong net sales
Delfi H2 net profit down 14.1%; special dividend proposed on rising confidence, strong net sales
February 27, 2024
CHOCOLATE confectionery company Delfi on Tuesday (Feb 27) posted a net profit of US$21.1 million for the six months ended Dec 31, 2023, marking a 14.1 per cent decrease...
Haw Par H2 profit surges 58.1 per cent to S2.4 million on strong recovery of healthcare sales
Haw Par H2 profit surges 58.1 per cent to S$112.4 million on strong recovery of healthcare sales
February 26, 2024
MAKER of Singapore’s famous Tiger Balm ointment Haw Par Corporation posted a net profit of S$112.4 million for the six months ended Dec 31, 2023, a 58.1 per cent...
Malaysia PM says ringgit’s fall concerning but economic fundamentals strong
Malaysia PM says ringgit’s fall concerning but economic fundamentals strong
February 23, 2024
MALAYSIA’S Prime Minister Anwar Ibrahim on Friday (Feb 23) said the ringgit currency’s fall to a 26-year-low this week was concerning but emphasised that strong fundamentals underpinned a promising...
HRnetGroup H2 profit rises 7.1% to S.3 million on strong profit margin
HRnetGroup H2 profit rises 7.1% to S$35.3 million on strong profit margin
February 22, 2024
MAINBOARD-LISTED HRnetGroup posted a 7.1 per cent rise in net profit to S$35.3 million for the second half of 2023, from S$32.9 million in the previous corresponding period. This...
Genting Singapore H2 profit rises 31% to S4.9 million on strong post-pandemic recovery
Genting Singapore H2 profit rises 31% to S$334.9 million on strong post-pandemic recovery
February 22, 2024
INTEGRATED resort operator Genting Singapore posted a 31 per cent rise in net profit to S$334.9 million for the second half of 2023, from S$255.7 million in the previous...