Culture
Singapore shares rise at Friday’s open; STI up 1.1%
SINGAPORE shares started trading in positive territory on Friday (Jan 31), mirroring activities in global markets. As at 9.01 am, the Straits Times Index (STI) opened 1.1 per cent...
Singtel’s Optus secures A$1.95 billion in credit facility with 12 banks
SINGTEL’S Australian subsidiary, Optus, has inked a A$1.95 billion (S$1.64 billion) committed revolving credit facility with 12 banks to refinance its existing credit facilities, as well as for general...
Stocks to watch: Singtel, SIA
THE following companies saw new developments that may affect trading of their securities on Friday (Jan 31): Source link
Mastercard earnings top estimates as firm broadens services
MASTERCARD reported earnings that beat estimates as the firm diversifies beyond its traditional payment network into anti-fraud services, data analysis and global money movement.Adjusted net income of US$3.5 billion,...
Visa profit climbs on cross-border growth, beating estimates
VISA reported a fiscal first-quarter profit that exceeded Wall Street estimates as the world’s biggest payments network posted double-digit increases in cross-border volumes and processed transactions.Adjusted net income rose...
Apple profit tops Wall Street target even as iPhone, China sales fall short
APPLE beat Wall Street’s quarterly profit estimates on Thursday, but iPhone sales and China revenue for the holiday quarter were weak due to stiff Chinese competition and a slow rollout...
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 missed estimates as the chipmaker grapples with tepid demand for its data...
South-east Asia to see more private equity deals this year; healthcare, data centres in the spotlight
Participants expect activity in the region’s PE markets to gather pace after the number of deals last year surged to the highest since at least 2018A RECOVERY in the...
Sanofi plans 5 billion euro buyback, sees higher profit growth
SANOFI said it will repurchase five billion euros (S$7 billion) of stock and grow profits more quickly this year as the drugmaker pivots away from consumer health to focus...