Business
UBS beats expectations with US$2.4 billion second-quarter profit
The firm expects trading and transactional activity to become more normalised in the quarter ahead said on Wednesday (Jul 30) that…
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profit
Business
UBS second-quarter profit doubles to $2.4 billion, beats estimates
UBS’ second-quarter profit more than doubled from a year earlier, comfortably ahead of expectations, as it joined other major banks in…
Business
HSBC first-half profit falls 26%, misses estimates
Holdings reported a 26 per cent slide in first-half pretax profit on Wednesday, missing analyst estimates, as a US$2.1 billion impairment…
Business
HSBC first-half profit slumps 26% as China losses mount
HSBC Holdings reported a 26 per cent slide in first-half pretax profit on Wednesday (Jul 30), missing analyst estimates, as impairments…
Business
Gucci owner Kering posts 46% profit slump before new CEO arrives
French luxury group Kering reported on Tuesday a 46 per cent plunge in net profit during the first half, with sales slumping again at its…
Business
Samudera Shipping H1 profit doubles to US$41.8 million
Samudera Shipping reported a 100.4 per cent increase in net profit to US$41.8 million for its first half ended Jun 30, from US$20.9…
Business
UOI H1 profit falls 39.1% to S$8.6 million, declares lower dividend of S$0.07 per share
United Overseas Insurance (UOI), the general insurance arm of UOB, posted a 39.1 per cent decline in its net profit for the first half of…
Business
AstraZeneca quarterly net profit jumps on record US growth
British pharmaceutical giant AstraZeneca on Tuesday (Jul 29) said net profit rose 27 per cent in the second quarter, boosted by record…
Business
Nomura profit exceeds estimates on stock trading boom
Nomura Holdings’ profit beat expectations last quarter, as the Japanese firm joined the equity trading boom that fuelled earnings for Wall…
Business
Barclays profit up 23% as Trump tariff turmoil lifts trading
The bank also announced a share buyback of £1 billion and a half year dividend of 3 pence per share Barclays first-half profit rose by a…
Business
Analysts downgrade SIA, cut price targets amid lower Q1 profit, Air India losses
Analysts downgraded their calls on Singapore Airlines (SIA) and slashed price targets for the national carrier after its profits plunged…
Business
SIA shares sink 7% as analysts downgrade carrier on sharp Q1 profit drop
Analysts downgraded their calls on Singapore Airlines (SIA) and slashed price targets for the national carrier after its profit plunged…
Business
SIA shares sink over 7% as analysts downgrade carrier on sharp Q1 profit drop
Analysts downgraded their calls on Singapore Airlines (SIA) and slashed price targets for the national carrier after its profit plunged…
Business
Keppel Infrastructure Trust back in black with S$60 million H1 net profit
Its energy transition, environmental services, as well as distribution and storage segments post revenue growth Keppel Infrastructure…
Business
Singapore Airlines shares fall 8.7% after sharp drop in Q1 net profit
Net profit for Singapore Airlines (SIA) declined 58.8 per cent to S$186 million for the first quarter of FY2026 Shares of Singapore…
Business
SIA sinks 7% as analysts downgrade carrier on sharp Q1 profit drop
Shares of Singapore Airlines (SIA) dived just minutes after market open on Tuesday (Jul 29), after the national carrier posted a weak…
Business
SIA sinks over 7% on sharp Q1 profit drop
Maybank, CGSI slashed target prices for carrier; DBS Group Research lifted its target price Shares of Singapore Airlines (SIA) dived just…
Business
SIA Q1 net profit falls 58.8% to S$186 million on associates’ losses, lower interest income
Net profit for Singapore Airlines (SIA) declined 58.8 per cent to S$186 million for Q1 FY2026 ending Jun 30, from S$452 million in the…
Business
iFast climbs 10% after strong Q2 net profit
Shares of iFast soared 8.76 per cent on market open on Jul 28 after the digital bank and wealth management platform reported a strong Q2…
Business
iFast surges 10% after strong Q2 net profit
The company on Friday reported a net profit of S$22.1 million for the second quarter of FY2025, up 37.9% from the previous year Shares of…
Business
iFast surges 11.3% after strong Q2 net profit
Shares of iFast surged just minutes after market open on Monday (Jul 28), after the digital bank and wealth management platform reported a…
Business
Raffles Medical H1 profit rises 4.8% to S$32.1 million
Raffles Medical Group on Monday (Jul 28) posted net profit of S$32.1 million for its first half ended Jun 30, up 4.8 per cent from S$30.6…
Business
iFast posts 37.9% rise in Q2 net profit to S$22.1 million
Digital bank and wealth management platform iFast Corp reported a 37.9 per cent increase in net profit for the second quarter ended June…
Business
First half net profit plunges 22% at French luxury group LVMH
French luxury group LVMH saw net profit plummet 22 per cent in the first half of 2025, the company announced on Thursday, blaming the…