Culture
Lum Chang expects significantly improved H1 FY2026 net profit on interior fit-out business strength
Group is set to release its financial results for the first half-year on or about Feb 12 Lum Chang Holdings (LCH) announced in a Thursday…
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expects
Culture
First Sponsor expects net loss for H2, full year 2025 on forex losses
Fair value loss on its financial derivatives is a result of the strengthening of foreign currencies against the Singapore dollar First…
Culture
Samsung expects record Q4 operating profit, beating expectations
Samsung Electronics on Thursday projected a 208 per cent jump in fourth-quarter operating profit from a year earlier, beating analysts’…
Culture
Wells Fargo expects more job cuts, will roll out AI gradually in 2026
Wells Fargo expects more cuts to its workforce and sees higher severance expenses in the current fourth quarter, CEO Charlie Scharf said…
Culture
Marco Polo Marine expects ‘significantly higher’ FY2025 net profit
This is mainly due to impairment loss reversals on certain vessels and the disposal of its stake in Marco Polo Offshore Marine logistics…
Culture
Coliwoo expects stronger core profit despite lower net profit before tax for FY2025
Better profit is attributed to absence of net fair value gain on investment properties in the financial year ended Sep 30 Co-living…
Culture
Nomura expects no more Fed rate cuts in 2025 after October easing
NOMURA said it now expects the US Federal Reserve to keep interest rates unchanged at its December policy meeting, following the central…
Culture
HSBC expects gold’s ‘bull wave’ to hit US$5,000 an ounce in 2026
The bank has cited geopolitical risks, economic policy uncertainty and rising public debt as factors supporting the price HSBC on Friday…
Business
Estonian foreign minister expects further Russian provocations
NATO reacted appropriately to Russia's recent violations of Estonia's airspace but should expect further disruptive actions from Moscow,…
Culture
Del Monte expects to raise US$500 million to US$600 million in private placement to tackle debt
The company is also considering asset disposals and engaging bankers on its loans Del Monte Pacific could raise between US$500 million and…
Culture
Trump expects a ‘big cut’ from Federal Reserve this week
Recent weak economic reports are raising concerns that the labour market may slide into a deeper slowdown, threatening consumer spending…
Culture
A key BMW dealer in China expects to ‘suffer’ before rebound
Sime Darby also sells the German luxury vehicles in eight other markets, including Indonesia, Thailand, Australia, Singapore and Malaysia…
Culture
Oracle expects half a trillion dollars in booked cloud orders, stock rises 27%
Oracle said on Tuesday (Sep 9) that it expects booked revenue at its Oracle Cloud Infrastructure (OCI) business to exceed half a trillion…
Culture
Citi expects global digital asset trades to hit US$2 trillion a day; DBS sees volume surge in H1
In a white paper released this week, Citi projected that in five years, the world will see US$2 trillion of digital assets held or traded…
Culture
RHB expects S-Reit demand to rise, Singapore Government Securities yield to moderate further
Singapore Reit (S-Reit) demand is expected to rise, said RHB Bank analyst Shekhar Jaiswal on Friday (Aug 29). A benign inflation backdrop,…
Culture
Walmart expects better sales, earnings as shoppers squeezed by tariffs
BIG-BOX retailer Walmart reported solid revenue growth on Thursday and said that it expects better sales and earnings for the full year,…
Culture
Bessent says BOJ is falling behind the curve, expects hike
US Treasury Secretary Scott Bessent said the Bank of Japan (BOJ) is falling behind the curve in addressing inflation, in a rare comment…
Culture
Straits Trading expects to swing to net loss for H1
But its overall financial position remains healthy with sufficient liquidity to meet its operational and financial commitments, says the…
Culture
GIC posts 3.8% 20-year annualised real rate of return; expects returns ahead will be more volatile
Sovereign wealth fund GIC reported an annualised rolling 20-year real rate of return of 3.8 per cent for its latest period ended Mar 31,…
Culture
Stellantis expects US$2.7 billion first half loss as restructuring costs, US tariffs hit
Stellantis said on Monday (Jul 21) it expected the hit from restructuring costs and the initial impact of US tariffs to have pushed the…
Culture
QAF expects ‘material reduction’ in net profit for H1 2025
Business performance is affected by increased operating costs, unfavourable foreign exchange movements, and a higher non-cash impairment…
Culture
DBS expects economic value from its use of AI to exceed S$1 billion in 2025
Banks are ramping up their use of artificial intelligence (AI), and DBS – which has earned S$750 million through its use of the technology…
Culture
BT boss Kirkby expects AI to deepen job cuts, FT reports
Group chief executive Allison Kirkby said advances in artificial intelligence (AI) could deepen significant job cuts under way at the…
Culture
Private assets giant Brookfield expects alternative investments to replace public markets in 25 years
Bruce Flatt, the billionaire chief executive officer of Toronto-based Brookfield, is understandably bullish on the prospects of…