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Yangzijiang Shipbuilding posts record earnings of 4.2 billion yuan for H1
Yangzijiang Shipbuilding posted a record-high net profit of 4.2 billion yuan (S$752.6 million) for the six months ended Jun 30, 2025,…
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earnings
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Venture Corp Q2 profit edges up to S$57.1 million; H1 earnings remain lower
Technology solutions provider Venture Corp posted a 2.3 per increase in net profit to S$57.1 million for its second quarter ended June…
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US: Wall Street opens higher on rate cut hopes; earnings in spotlight
Wall Street futures opened higher on Tuesday (Aug 5), supported by ongoing optimism over potential Federal Reserve interest rate cuts,…
Culture
UOBKH downgrades SIA after Q1 earnings a ‘major miss’ against guided range; lowers TP to S$6.03
UOB Kay Hian (UOBKH) equity analyst Roy Chen downgraded his rating on national carrier Singapore Airlines (SIA) to “sell”, with a reduced…
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UOBKH calls a ‘sell’ on SIA, lowers target price after significantly weaker Q1 earnings
UOB Kay Hian (UOBKH) equity analyst Roy Chen downgraded his rating on Singapore Airlines (SIA) to “sell”, with a reduced target price of…
Culture
NetLink Trust reports 9.2% fall in Q1 FY2026 earnings to S$23.3 million on lower Ebitda, expanded asset base
But its revenue was up 1.9% year on year at S$102.8 million; Ebitda took a dip of 1.9% to S$70 million The manager of NetLink NBN Trust on…
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Lufthansa reports higher-than-expected Q2 earnings
Lufthansa on Thursday reported better second-quarter results than expected, boosted by low oil prices and currency effects, and confirmed…
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Jardine C&C reports 23% fall in H1 earnings to US$371 million on unrealised fair value losses
Jardine Cycle & Carriage (JC&C) on Wednesday (Jul 30) reported a 23 per cent decline in earnings to S$371.1 million for the first half of…
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Asia: Markets mixed as China-US talks end, eyes on tech earnings
Asian markets were mixed on Wednesday as investors kept tabs on China-US developments after they agreed to further talks to extend their…
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US: Stocks retreat ahead of Fed decision, big tech earnings
Wall Street stocks retreated on Tuesday as markets digested major merger announcements and monitored US-China trade talks ahead of big…
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US: S&P 500, Nasdaq open at record highs with earnings, Fed meeting in focus
The S&P 500 and Nasdaq opened at fresh record highs on Tuesday (Jul 29), as investors assessed a slew of earnings reports from major US…
Culture
First Sponsor reports 59.2% jump in H1 earnings to S$19 million, interim dividend of S$0.011 a share
Property developer First Sponsor reported a 59.2 per cent increase in earnings to S$19 million in H1 2025 from S$11.9 million in H1 2024,…
Culture
S-Reits earnings season kicks off, with 37 trusts scheduled to report their results in coming weeks
THE latest earnings season for Singapore-listed real estate investment trusts (S-Reits) has commenced, with seven trusts reporting their…
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Europe: Shares settle lower as investors gauge mixed earnings, EU-US trade progress
European shares closed lower on Friday (Jul 25), as investors assessed mixed corporate earnings while awaiting updates on a framework of…
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US: Wall St opens muted with corporate earnings, trade talks in focus
Wall Street opened flat on Tuesday (Jul 22) as investors weighed signs of potential trade deals between the US and its partners ahead of…
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US: Wall Street opens higher with tech earnings, trade updates in focus
Wall Street’s main indexes opened higher on Monday (Jul 21), as investors welcomed the prospects of new trade deals to kick off a week…
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Europe: Shares end flat as markets assess earnings flurry
EUROPEAN shares were unchanged on Friday, as losses in heavyweight healthcare shares were countered by an advance in oil and gas stocks,…
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US: Wall Street opens higher as investors weigh data, earnings
Wall Street opened higher on Friday (Jul 18), with investors weighing a week of mixed economic signals and earnings reports, while…
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Europe: Shares see first daily gain in five on strong earnings
European shares snapped a four-day losing streak on Thursday (Jul 17), boosted by gains in industrials ABB and Legrand after they reported…
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US: Wall St opens higher as inflation data, earnings take centre stage
Wall Street’s main indexes opened higher on Wednesday (Jul 16) as investors sifted through new inflation data and digested a fresh round…
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US: S&P 500, Nasdaq open higher after inflation data; focus on bank earnings
The Nasdaq and the S&P 500 opened higher on Tuesday (Jul 15) after fresh inflation data, while banking heavyweights kicked off the…
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CGSI downgrades Grab to ‘hold’ with earnings growth expected to slow in H2
CGS International (CGSI) has downgraded its rating on Grab Holdings to “hold” from “add”, anticipating a slowdown in earnings growth in…
Culture
‘Defensive play benefiting from volatility’: Analysts positive on SGX earnings, raise target prices
Analysts are positive on Singapore Exchange (SGX), amid the recent months’ rise in trading volumes and volatility. SGX can be considered a…
Culture
Private-hire group urges Grab to delay bonus revamp, over fears that drivers’ earnings will be hurt
The National Private Hire Vehicles Association (NPHVA) has urged Grab to delay changes to its driver incentive scheme, saying it is…