Business
Morgan Stanley lifts Asia bonuses 20% after record revenue haul
Despite a record year in Asia, the bank cautions against raising bonuses too sharply, aiming to smooth compensation Morgan Stanley…
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Revenue
Business
TSMC Q4 revenue jumps more than 20%, beating forecast
Demand for the company’s products leaps in response to surging interest in AI applications Taiwan Semiconductor Manufacturing Company…
Business
Broadcom forecasts upbeat quarterly revenue on AI chip demand
The company reported revenue of US$18.02 billion for the fourth quarter ended Nov 2, above analysts’ average estimates BROADCOM on…
Business
Bank of America CEO expects markets revenue to jump in fourth quarter
Bank of America CEO Brian Moynihan said on Wednesday he expects revenue from the bank’s markets business to rise between a high…
Business
Vietnam's Export Revenue Surpasses US$280 Billion as High-Value Goods Drive Growth
Vietnam recorded strong trade performance over the recent period, with export earnings exceeding US$280 billion, driven largely by…
Business
Hewlett Packard forecasts weak quarterly revenue, shares fall
Analysts expect macroeconomic weakness to continue to pressure the compute, storage and networking sectors Hewlett Packard Enterprise…
Business
Machine Learning Platforms Generate Millions in Revenue for Financial Services Firm
"The financial services sector stands at an inflection point where artificial intelligence transitions from experimental curiosity to…
Business
Li Auto adds to gloomy China EV outlook with revenue miss
In Q3, the company’s revenue fell 36%, the worst drop since its US listing in 2020 Li Auto’s fourth quarter forecasts fell short of…
Business
China’s Didi Q3 revenue up 8.6% as costly overseas expansion accelerates
The company has accelerated overseas investment this year, notably expanding food delivery to additional cities Didi Global reported an…
Business
Alibaba beats quarterly revenue estimates
The company reported revenue of 247.80 billion yuan (S$45.5 billion) in the second quarter, compared with the estimates of 242.65 billion…
Business
Alibaba revenue tops estimates with strong instant retail, AI push
The company’s results come against the backdrop of a costly battle in China’s ‘instant retail’ sector Chinese e-commerce giant Alibaba…
Business
VinFast’s quarterly revenue jumps on strong deliveries, taps debt to fuel expansion
The company signed two loan facilities during the quarter, totaling US$250 million Vietnam’s VinFast reported a sharp rise in…
Business
Nvidia beats Q3 revenue estimates, helping counter fears of AI bubble
Nvidia, the world’s most valuable company, gave a strong revenue forecast for the current period, helping counter concern that an…
Business
CSE Global’s Q3 revenue swells 20.5% but order book shrinks
Its order intake was weighed down by a lack of major projects and unrepeated orders from the same year-ago period Systems integrator CSE…
Business
Frencken Q3 profit rises 7.5% to S$9.9 million, expects marginally lower revenue in H2
Revenue up 6.5% at S$211.5 million from S$198.6 million, driven mainly by mechatronics division Semiconductor player Frencken posted a 7.5…
Business
Frasers Property full-year profit rises 17.8% to S$243.1 million; revenue dives S$800 million
Net fair value change and reversal of tax provisions helped Frasers Property’s full-year earnings increase by 17.8 per cent, said the real…
Business
Frasers Property full-year profit rises 17.8% to S$243 million on fair value gains; revenue dives S$800 million
Net fair value change and reversal of tax provisions helped Frasers Property’s full-year earnings increase by 17.8 per cent, said the real…
Business
Centurion posts 9% rise in Q3 revenue with strong demand for worker, student housing
The company has S$713 million in borrowings as at Sep 30, against S$434 million in cash Centurion Corp saw revenue rise 9 per cent to…
Business
Tencent posts 15% revenue jump, sustaining growth without splashy AI bets
China’s most valuable company reports sales of 192.9 billion yuan for the three months ended September [SHENZHEN, China] Tencent Holdings…
Business
ST Engineering shares jump as much as 4.1% on revenue increase, special dividend
Shares of ST Engineering jumped as much as 4.1 per cent on Thursday (Nov 13) after an increase in its nine-month revenue. The counter…
Business
Food Empire’s Q3 revenue rises 28.3% to US$152.6 million
Food Empire posted a revenue of US$152.6 million for the third quarter ended Sep 30, 2025, up 28.3 per cent from a year ago. In a bourse…
Business
Big 4 accounting firms drove nearly half of sector’s total revenue growth in 2024
The sector continues to hire, and expects to grow its workforce by opening up more than 1,500 positions The total revenue of the…
Business
Big 4 accounting firms drive nearly half of sector’s total revenue growth in 2024: survey
The sector continues to hire, and expects to grow its workforce by opening up more than 1,500 positions The total revenue of the…
Business
ST Engineering posts 9% rise in 9M revenue to S$9.1 billion despite impairments from subsidiary
ST Engineering posted a 9 per cent year on year rise in revenue to S$9.1 billion for the nine months ended Sep 30, on the back of strong…