Business
BlackRock misses long-term flow expectations amid Asia outflows
The world’s largest asset manager BlackRock pulled in a less-than-expected US$83 billion of client money to its investment funds in the…
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expectations
Business
UOB beats expectations with Q4 profit up 8.6% to S$1.52 billion; announces S$3 billion capital distribution package
UOB on Wednesday (Feb 19) posted a net profit of S$1.52 billion for the fourth quarter ended December, up 8.6 per cent from S$1.4 billion…
Business
Maybank upgrades Singtel’s AIS to buy, raises price target on further profit growth expectations
Maybank Securities upgraded Singtel’s Thai associate Advanced Info Service (AIS) to “buy” from “hold”, due to a strong outlook and healthy…
Business
IBM gives long-term sales growth outlook that tops expectations
INTERNATIONAL Business Machines (IBM) gave a stronger-than-expected revenue growth outlook for the coming years led by the expansion in…
Business
UBS quarterly profit smashes expectations, US$3 billion buyback unveiled
UBS Group, Switzerland’s largest bank, on Tuesday (Feb 4) posted net income of US$770 million for the fourth quarter of 2024, trouncing…
Business
Intel’s quarterly revenue tops expectations as investors await new CEO
INTEL on Thursday posted December-quarter results that beat analysts’ low expectations, while its forecast for current-quarter revenue…
Business
Meta warns first-quarter revenue will miss Wall Street expectations
META Platforms fourth-quarter revenue beat Wall Street expectations on Wednesday (Jan 29) but the company predicted sales in the current…
Business
NEV development in China: a review of 2024 and expectations for 2025
By the end of November 2024, the total volume of New Energy Vehicles (NEVs) in the Chinese market reached a historic high of 9.7 mn units…
Business
iPhone maker Hon Hai Q4 sales beat expectations on strong AI demand
Nvidia and Apple assembly partner Hon Hai Precision Industry reported better-than-expected sales growth last quarter as the artificial…
Business
Nasdaq affected by interest rate expectations
THE Nasdaq-100 Index was up 25.46 per cent as at Dec 19, despite a correction of 3.56 per cent on Dec 18. The US stock market has seen…
Business
Oil steady as markets weigh Fed rate cut expectations, Chinese demand
Oil prices were little changed at their settle on Friday (Dec 20) as markets weighed Chinese demand and interest rate-cut expectations…
Business
Nike results beat low expectations; CEO warns turnaround will be a slog
NIKE’S results beat modest estimates on Thursday (Dec 19) and its shares jumped briefly, but the company soon dashed investor hopes and…
Business
Bitcoin lifted above US$100,000 on firming expectations of Fed cut
BITCOIN renewed a climb past US$100,000 after the latest US inflation data bolstered bets on another Federal Reserve interest-rate cut.…
News
More jobs and no 'nuisance taxes' - Ghanaians' great expectations
Ghana's former President John Mahama will be under enormous pressure to meet the expectations of voters following his landslide victory in…
Business
STI up 0.9% as regional stocks rise amid further stimulus expectations in China
SINGAPORE shares ended higher on Tuesday (Dec 3), tracking regional gains as China’s central bank reiterated plans to boost the economy to…
Business
Nigerian economy surpasses expectations
Nigeria’s gross domestic product grew by 3.46% in the third quarter, surpassing expectations as its services sector expanded at its…
Business
Singapore stocks end Friday in the black as GDP growth exceeds expectations; STI up 0.2%
SINGAPORE stocks rose on Friday (Nov 22) as the Republic’s economy exceeded expectations for third-quarter growth, prompting the…
Business
Data centres the big positive surprise in Q3 as most S-Reits post results within expectations
Singapore-listed Reits report healthy operational performance, even as they face pressure from higher interest rates DATA centres turned…
Business
Greenback notches weekly gain as traders reassess rate-cut expectations
THE US dollar was set for its biggest weekly gain in over a month on Friday (Nov 15), as markets reassessed expectations of future…
News
EV growth expectations for Trump years are already being slashed
SLOWING electric vehicle (EV) adoption is likely to accelerate even further as President-Elect Donald Trump delivers on his promise to gut…
Business
BMW profit dives, misses expectations due to weak China sales, brake issues
BMW on Wednesday (Nov 6) reported a 61 per cent drop in its quarterly third-quarter profit that missed analyst expectations because of…
Business
Chevron beats quarterly profit expectations on higher production
CHEVRON on Friday (Nov 1) beat Wall Street estimates for third-quarter profit, helped by higher oil and gas output, but overall earnings…
Business
Amazon results beat expectations, powered by cloud
E-COMMERCE giant Amazon reported stronger-than-expected third quarter results on Thursday, with significant growth in cloud computing and…