Upbeat
Brokers’ take: Analysts raise Singtel target on upbeat dividend, growth outlook
ANALYSTS have raised their target prices on Singtel after it put out guidance for higher dividends as a result of asset-recycling initiatives. There is also optimism over the telco’s...
Europe: Upbeat earnings lift Stoxx 600 to record high, real estate stocks shine
EUROPE’S main share index notched a record high on Wednesday, as investors cheered robust earnings from the likes of UK’s Experian and Germany’s Commerzbank, while rate-sensitive stocks got a...
Nissan upbeat on annual profit despite challenges
JAPAN’S Nissan Motor expects to beat analyst estimates with a 5.5 per cent rise in operating profit this fiscal year on higher global sales, it said on Thursday (May...
Apple rallies most in 18 months on upbeat forecast, buyback
APPLE shares jumped the most in almost a year-and-a-half after the company posted stronger-than-expected sales last quarter and predicted a return to growth in the current period, sparking optimism...
Bank of Japan upbeat on consumption, service price outlook
JAPANESE service prices are rising and bumper pay hikes offered by firms will boost household income later this year, the Bank of Japan (BOJ) said, underscoring its conviction the...
Roku’s warning on ad-supported streaming competition clouds upbeat earnings
ROKU warned that a push by streaming rivals towards ad-supported offerings could weigh on its growth this year, taking the shine off its strong quarterly results and sending its...