Business
Singtel H1 earnings nearly treble to S$3.4 billion on one-off gains
Telecommunications giant Singtel on Wednesday (Nov 12) revised its operating companies’ (Opco) earnings before interest and tax (Ebit)…
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earnings
Business
SBS Transit Q3 earnings fall 20.6% due to lower interest income
Revenue is also lower due to the loss of the Jurong West contract package to SMRT in September 2024 Bus and train operator SBS Transit’s…
Business
Riverstone Q3 earnings fall 28% to RM52 million
Revenue declines 17.1% due to lower prices for gloves amid more intense competition Glovemaker Riverstone Holdings reported a drop of 28…
Business
Vicom’s Q3 earnings up 45% as it installs more OBU units in Singapore vehicles
Vehicle inspection services also saw strong demand, buoyed by Singapore’s economic expansion Mainboard-listed Vicom posted S$9.9 million…
Business
UMS Q3 earnings rise 1% to S$10.5 million, announces 1-for-4 bonus issue
UMS Integration on Friday (Nov 7) reported a 1 per cent year-on-year rise in net profit to S$10.5 million for the third quarter ended Sep…
Business
AvePoint Q3 earnings jump four times to US$13 million; shares fall on EPS miss
Cybersecurity company AvePoint has posted a 396.8 per cent increase in net profit to US$13 million for its third quarter ended Sep 30,…
Business
OCBC shares soar 3.8% after posting Q3 earnings that beat expectations
Shares of OCBC jumped 3.8 per cent on Friday (Nov 7) morning after the release of its financial results for the third quarter ended…
Business
OCBC shares hit record high after Q3 earnings beat expectations; ends 3.4% higher
Shares of OCBC jumped by more than 4 per cent on Friday (Nov 7) morning after the release of its financial results for the third quarter…
Business
Europe: Stocks fall as tech nerves sap sentiment; earnings, economic data in focus
EUROPEAN stocks fell on Thursday, dragged by technology stocks that came under fresh selling pressure while investors assessed mixed…
Business
Allbirds Shares Sink Following Further Guidance Cuts
Shares for Allbirds sank nearly 10 percent in after-market trading on Thursday after the footwear company lowered its yearly guidance…
Business
Olaplex Q3 Sales Dip 3.8%, Surpass Forecasts; CEO Highlights Progress on Transformation Goals
Olaplex sales dipped in the third quarter, but surpassed Wall Street sales forecasts. Net sales decreased 3.8 percent to $114.6 million…
Business
US: Wall Street opens lower as investors assess corporate earnings, mixed economic data
Wall Street’s main indexes opened lower on Thursday (Nov 6), as investors digested a slate of corporate earnings, while concerns around US…
Business
Global shares are mixed after earnings reports boost Wall Street
European shares opened lower on Thursday after a broad advance in Asia spurred by a rebound on Wall Street. Upbeat economic updates and a…
Business
Europe: Shares close higher with earnings in spotlight; tech stocks waver
EUROPEAN shares recovered towards the close to end higher on Wednesday, after falling earlier in the session when a selloff in technology…
Business
Coty Sees Sales Slip in Q1 as Gucci License Loss Looms
Coty Inc.‘s sales slipped in the first three months of fiscal 2026, the beauty company reported Wednesday, just weeks after it was…
Business
Saucony Continues to Lead Growth at Wolverine as Running Category Dominates Market
Wolverine Worldwide continued to see its turnaround efforts bear fruit in the third quarter. The Rockford, Mich.-based footwear company…
Business
Bukit Sembawang Estates H1 earnings dip 25% after completion of two condo developments
Bukit Sembawang Estates’ net profit for the half-year ended September fell 25 per cent year on year to S$47.2 million, primarily due to a…
Business
Grab reports Q3 earnings of US$37 million on positive operating profit
Ride-hailing giant Grab posted third-quarter 2025 earnings of US$37million on Tuesday (Nov 4), up from US$26 million in the previous…
Business
Chevron tops Q3 earnings estimates with record production after Hess deal
Adjusted earnings for the three-month period ended Sep 30 were US$3.6 billion or US$1.85 per share Chevron beat analyst estimates on…
Business
Asia: Markets mostly up on heels of Apple, Amazon earnings
ASIAN stock markets mostly rose Friday morning, with a surge in Japanese shares coming after better-than-expected earnings reports from US…
Business
SIA earnings likely to stay ‘pressured’ despite over 380,000 discounted tickets: analysts
Concerns around passenger yield, drag from the crash of Air India flight 171 and rising non-fuel costs could weigh heavier Singapore…
Business
Europe: Shares fall as rate uncertainty, earnings sour sentiment
EUROPEAN shares logged their third session of declines on Thursday as uncertainty over the future moves of central banks grew, while…
Business
US: Wall Street opens lower after mixed tech earnings, Fed comments
Wall Street’s main stock indexes opened lower on Thursday (Oct 30) after mixed earnings reports from large technology firms and comments…
Business
AI made her a billionaire. Now she’s using it to help creators maximize their earnings
In April 2025, Lucy Guo became the youngest female self-made billionaire after Meta paid $14.3 billion for a 49% stake in Scale AI, the…