Shell keeps buybacks steady as profit falls, misses expectations
It has a Q4 net profit of US$3.3 billion, dropping 11% from the year before amid lower oil prices Shell’s fourth-quarter net profit of…
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It has a Q4 net profit of US$3.3 billion, dropping 11% from the year before amid lower oil prices Shell’s fourth-quarter net profit of…
It expects revenue to grow in the range of 9 to 10% – versus expectations of about 9% American Express (Amex) forecast annual profit…
Investor attention is shifting towards fundamentals and AI-linked growth themes in the region Market reactions in Asia were broadly muted…
S&P 500 closed slightly lower and the Nasdaq advanced modestly on Wednesday as investor reactions were muted after the Federal Reserve…
The US Federal Reserve held interest rates steady on Wednesday, citing still-elevated inflation alongside solid economic growth, and…
The Straits Times Index (STI) broke new ground on Tuesday (Jan 27) morning and crossed the 4,900 threshold for the first time. As at 9.10…
The Bank of Japan kept interest rates steady on Friday and raised its economic and inflation forecasts, signalling its readiness to…
The European Central Bank will not debate any rate change in the near term if the economy stays on course, but new shocks, like a…
Gold prices dipped on Tuesday (Jan 6), easing from a one-week high reached in the previous session when it rose nearly 3 per cent towards…
FEDERAL Reserve Bank of Cleveland president Beth Hammack said she saw no need to change US interest rates for months ahead after the…
GOLD prices were steady on Thursday, supported by dovish Federal Reserve signals but restrained by a resilient dollar ahead of key US…
Indonesia’s central bank kept its policy rates unchanged for a third straight policy meeting on Wednesday, maintaining its focus on…
Opec said on Thursday (Dec 11) that the wider Opec+ oil producer group nudged up output in November as eight Opec+ members pressed ahead…
The mood among consumers, long stuck in the doldrums, has turned positive in a boost to the outlook for household spending Australia’s…
Bond yields spike to a 13-month high after governor Bullock says that price risks have ‘tilted to the upside’ Australia’s central bank…
Gold prices held steady on Friday (Dec 5), as rising US Treasury yields offset support from a weaker US dollar, while markets awaited US…
Gold prices held steady above the US$4,200 mark on Thursday (Dec 4), buoyed by weak private payrolls data that reinforced expectations of…
Other members, such as African countries, have seen declines in production capacity but are resisting quota cuts [LONDON/MOSCOW] The…
EUROPEAN shares ended largely steady on Thursday after three consecutive sessions of gains, driven by rising hopes of a US interest rate…
South Korea’s central bank kept interest rates unchanged as widely expected on Thursday as a tumbling won reduced the scope for further…
Gold prices held steady on Tuesday (Nov 25) after rising nearly 2 per cent in the previous session, as increasing prospects of a US rate…
The consensus comes after the central bank this month maintained its seven-day reverse repo rate, which now serves as a major policy rate…
Gold prices were steady on Wednesday (Nov 19), as investors awaited minutes from the US Federal Reserve’s latest policy meeting and US…
Oil prices held largely steady on Thursday after declining around 4 per cent in the previous session as investors weighed concerns about…