swings

SoftBank swings to Q4 profit in sign of comeback gaining steam
SoftBank swings to Q4 profit in sign of comeback gaining steam
May 13, 2024
Japanese technology giant SoftBank Group swung to a quarterly profit on Monday (May 13) from a year earlier, reporting a net profit of 328.9 billion yen (S$2.85 billion) for...
Bitcoin’s wild price swings point to the rising influence of ETF buyers
Bitcoin’s wild price swings point to the rising influence of ETF buyers
May 4, 2024
BITCOIN appears to be conforming more to the conventional viewpoints of traditional investors who have recently entered the digital asset world through the introduction of US exchange-traded funds (ETFs)....
Lego billionaires’ cash pile grows as portfolio swings to profit
Lego billionaires’ cash pile grows as portfolio swings to profit
April 2, 2024
THE billionaire owners of the Lego empire reported a 5.9 per cent rise in profits, helped by a turnaround in its investment portfolio. The Kirkbi group’s net income rose to...
Insurer Lloyd’s of London swings to US.5 billion profit in 2023
Insurer Lloyd’s of London swings to US$13.5 billion profit in 2023
March 28, 2024
LLOYD’S of London swung to a pre-tax profit of US$13.51 billion in 2023, the commercial insurance market said on Thursday (Mar 28), boosted by strong underwriting and investment performance.The...
China’s Didi swings to profit in fourth quarter
China’s Didi swings to profit in fourth quarter
March 23, 2024
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....
Hotel Grand Central swings back to black with H2 net profit of S.4 million
Hotel Grand Central swings back to black with H2 net profit of S$1.4 million
February 29, 2024
HOTEL Grand Central announced a net profit of S$1.4 million for the second half ended Dec 31, 2023, reversing a net loss of S$4.6 million in the corresponding period...
Hotel Properties swings back to black with S8.2 million H2 net profit
Hotel Properties swings back to black with S$578.2 million H2 net profit
February 27, 2024
HOTEL Properties Limited (HPL) on Tuesday (Feb 27) reported a net profit of S$578.2 million for the six months ended Dec 31, 2023, a significant increase from the net...