Mercedes flags more margin pressure ahead, tough road in China
[STUTTGART, Germany] Mercedes-Benz said on Thursday (Feb 12) that the profit margin at its autos division could fall further this year,…
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[STUTTGART, Germany] Mercedes-Benz said on Thursday (Feb 12) that the profit margin at its autos division could fall further this year,…
Sentiment remains largely positive on the sector amid resilient asset quality, steady capital returns The three local banks may be nearing…
[BEIJING/SHANGHAI] Chinese stock exchanges on Wednesday (Jan 14) tightened margin requirements in a surprise move to cool a red-hot stock…
Some major Chinese commercial banks have removed five-year, large-scale certificates of deposit that carry a high yield from their…
BMW reported an operating margin of 5.2% for its automotive unit in the July-to-September period German carmaker BMW posted a…
[BERLIN/FRANKFURT] German carmaker Mercedes-Benz on Wednesday (Oct 29) reported stronger than expected margins at its core autos business…
Bank of China reported a 5 per cent increase in third-quarter profit, as the lender managed to stabilise its net interest margin despite…
A rule aimed at curbing exposure to overvalued stocks is posing another challenge to China’s market, just as renewed Sino-American trade…
For the fiscal year ending in October 2028, the company expects adjusted profit of at least US$3.00 per share and free cash flow of more…
The world’s second-biggest stock market has embarked on a surprise rally in recent months, partly reflecting optimism that China’s…
Chinese investors are borrowing a record amount of cash to buy local stocks, further fuelling a months-long rally that has largely been…
Singapore Post’s (SingPost) group operating profit for the first quarter ended Jun 30 came in at S$3.4 million, a 60 per cent year-on-year…
Australia’s Westpac Banking on Thursday (Aug 14) said wider margins and lending and deposits gains helped it post slightly higher…
Seatrium’s net profit for the six months ended Jun 30 grew 301.3 per cent to S$144.4 million, from S$36 million during the same period…
Seatrium’s net profit for the six months ended Jun 30 grew 301.3 per cent to S$144.4 million, from S$36 million during the same period…
DBS Research Equity on Tue (Jun 10) raised its target price for Sheng Siong to S$2.30 from S$2 on the back of strong earnings growth and…
Several brokerages across Singapore observed up to double the number of margin calls and stopouts on such trades in April after US…
Some wealthy clients at Asia’s top private banks are opting to unwind part of their equity investments instead of topping up collateral…
PARIS – Hennes & Mauritz AB said net profit halved in the first quarter as its gross margin came under pressure from markdowns, ongoing…
HONG Leong Finance posted a 10 per cent rise in net profit to S$51.5 million for the six months ended December 2024. This was driven by an…
HONG Kong is considering approving derivatives and margin lending in virtual assets for some investors, its financial regulator said on…
UBS Group halted accepting some bonds and shares of New World Development as collateral for margin loans, joining other global lenders in…
STATE Bank of India, the country’s largest lender by assets, beat second-quarter profit estimates on Friday (Nov 8), helped by higher…