Banks from HSBC to Citi shrug off China risks to embrace Hong Kong
HONG KONG (BLOOMBERG) - Growing geopolitical tensions and pulled initial public offerings have done little to dampen the appetite of...
Business
Tencent shares plummet on fears of China gaming crackdown
SHANGHAI (REUTERS) - China's Tencent Holdings said on Tuesday (Aug 3) it would further curb minors' access to its flagship...
OCBC Q2 profit up 59% to $1.16 billion; dividend boosted to 25 cents a share
SINGAPORE - OCBC Banks's earnings continued to rebound from last year as it posted on Wednesday (Aug 4) a 59...
Del Monte unit defers Philippine IPO amid Covid-19 surge
SINGAPORE (THE BUSINESS TIMES) - Del Monte Pacific on Wednesday (Aug 4) announced its decision to delay plans for the...
China’s latest Covid-19 outbreak threatens to derail consumer recovery
BEIJING (BLOOMBERG) - China's broadest Covid-19 outbreak since the beginning of the pandemic in late 2019 is hampering tourism and...
UOB Q2 profit up 43% to $1.01 billion; dividend raised to 60 cents per share
SINGAPORE (THE BUSINESS TIMES) - UOB's net profit for its second quarter rose 42 per cent, as more economies reopened...
StanChart reinstates payouts but income drop signals challenges ahead
HONG KONG (REUTERS) - Standard Chartered reported a higher than expected 57 per cent jump in first-half profit and US$350...
US stocks rebound, lifting S&P 500 to fresh record
NEW YORK (AFP) - The S&P 500 finished at a fresh record on Tuesday (Aug 3) as US stocks shook...
Alibaba earnings down as China tech giants face turmoil
SHANGHAI (AFP) - Chinese e-commerce leader Alibaba Group said Tuesday that it posted lower profit but maintained steady revenue growth,...
Weekly Money FM Podcasts: Who benefits from CPF shielding?
Weekly Money FM Podcasts (Aug 2) Who benefits from CPF shielding? (featuring Mr Christopher Tan, founder & chief executive, Providend)...