News

Shell Q1 profit drops 28%, beats estimates, keeps share buybacks steady
[ad_1] [LONDON] Shell reported a 28 per cent drop in first-quarter net profit to US$5.58 billion on Friday (May 2), beating analyst expectations, while it held steady the pace of...
AirAsia-owner Capital A eyes Hong Kong listing
[ad_1] [BENGALURU] Malaysia’s Capital A, the owner of budget carrier AirAsia, said on Friday (May 2) it was exploring listing on the Hong Kong stock exchange, as it looks to...
StanChart profit beats as lender weighs impact of tariff war
[ad_1] Published Fri, May 2, 2025 · 01:02 PMSTANDARD Chartered reported first-quarter profit that beat estimates as it weighs the impact of US President Donald Trump’s trade war. Adjusted pretax profit...
StanChart Q1 profit beats estimates as lender weighs impact of Trump’s tariff war
[ad_1] [LONDON] Standard Chartered reported first-quarter profit that beat estimates as it weighs the impact of US President Donald Trump’s trade war. Adjusted pretax profit for the quarter through March hit...
CapitaLand Investment sinks 8% as counter goes ex-dividend
[ad_1] The company will pay a dividend of S$0.12 plus units of CapitaLand Integrated Commercial Trust worth S$0.067 [SINGAPORE] CapitaLand Investment’s (CLI) shares plunged more than 8 per cent on...
Chinese EV makers sell more plugin-hybrids in the EU to avoid tariffs: research firm
[ad_1] CHINESE carmakers including BYD and Chery are selling more plugin-hybrids in the European Union to avoid import tariffs on Chinese-made electric cars, data released on Friday showed.The two brands...
Stocks to watch: CapitaLand Investment, Nio, MIT, Jardine Cycle & Carriage, iFast, Sasseur Reit, Elite UK Reit
[ad_1] [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (May 2).CapitaLand Investment (CLI): The real estate investment manager reported a total revenue...
US tariffs provide opportunities for Greenlink Digital Bank: chairman
[ad_1] [SINGAPORE] The continued uncertainty with US tariffs could provide more opportunities rather than challenges to Greenlink Digital Bank (GLDB). GLDB chairman Geng Jing believes that the tariffs could spur deeper...
Instacart forecasts upbeat quarterly core profit on online grocery delivery demand
[ad_1] INSTACART forecast second-quarter core profit above Wall Street estimates on Thursday, betting on resilient demand for grocery and food on its delivery platform as more people shop online.Shares of...
Electronic Arts lays off hundreds of workers in latest round of cuts
[ad_1] Electronic Arts, the global video game company, is slashing its workforce again.The company, based in Redwood City, Calif., has eliminated several hundred positions, including about 100 jobs at Respawn,...
Ryanair threatens to cancel huge Boeing order if tariffs raise prices
[ad_1] [DUBLIN] Ryanair on Thursday (May 1) threatened to cancel orders for hundreds of Boeing aircraft if a US-led tariff war leads to materially higher prices, and said it could...
HSBC to lose Asia expert as chairman Mark Tucker announces retirement
[ad_1] [LONDON] HSBC said on Thursday (May 1) that chairman Mark Tucker will retire by the end of this year, after nearly eight years in the role at Europe’s biggest...