Netflix defeats shareholder lawsuit over growth forecasts
NETFLIX won the dismissal on Tuesday of a shareholder lawsuit accusing the streaming company of downplaying the impact on subscriber growth of account sharing, where paying members share…
Tag
Growth
Singapore stocks end Friday in the black as GDP growth exceeds expectations; STI up 0.2%
SINGAPORE stocks rose on Friday (Nov 22) as the Republic’s economy exceeded expectations for third-quarter growth, prompting the government to revise the year-on-year growth for Q3 upwards…
Chinese healthcare businesses wade into South-east Asia for cost-efficiency, growth
Beijing-based healthcare private equity firm with US$3.4 billion AUM aims to set up a fund for Chinese companies expanding into region Geopolitical tensions are driving Chinese healthcare…
China’s healthcare businesses wade into South-east Asia for cost-efficiency, growth
Beijing-based healthcare private equity firm with US$3.4 billion AUM aims to set up a fund for Chinese companies to expand into region Geopolitical tensions are driving healthcare…
Maybank eyes Johor-Singapore SEZ for growth; targets 25% profit contribution from Singapore by 2027
The zone could generate a need for financing among companies – an area Maybank is eager to support THE upcoming Johor-Singapore Special Economic Zone (SEZ) could drive a 10 to 20 per cent…
Floods to shave 0.2 percentage points off Spain's growth
The October 29 floods washed away roads and rail lines, submerged fields and gutted homes and businesses (Jose Jordan) The floods which killed 227 people in Spain last month could shave…
S-Reits remain active in acquisitions and divestments as managers eye growth
SINGAPORE-LISTED real estate investment trusts (S-Reits) have been active in their portfolio management activities in the fourth quarter to date, as managers look to optimise assets and…
China tells banks to cut interbank deposit rates to boost growth
CHINESE regulators told the nation’s banks to lower rates they paid to deposits from other financial institutions to free up funds to boost the economy, according to sources familiar with…
Amazon reassures investors with cloud growth, cost-cutting
AMAZON.COM reported strong results that showed a company humming on all cylinders, a testament to its efforts to cut and reallocate costs and put the cloud computing and e-commerce giant…
Brokers’ take: RHB raises Sheng Siong price target to S$2 on earnings growth momentum
RHB on Wednesday (Oct 30) raised its price target for Sheng Siong to S$2 from S$1.88 and kept its “buy” call on the counter. The new price target represents a roughly 25 per cent upside…
Companies must consider FX exposure risks when tapping South-east Asia’s rapid growth
FOR any company, the Asean economic bloc represents a business opportunity that cannot be ignored. The 10 countries that make up the Association of Southeast Asian Nations have a combined…
PayPal forecasts Q4 revenue below estimates as profit push puts growth behind
PAYPAL forecast fourth-quarter revenue below estimates on Tuesday (Oct 29) as the digital payments company shifts its focus to higher-margin businesses from aggressive expansion, sending…
United Hampshire US Reit eyes ‘opportunistic divestments’, accretive acquisitions in growth plans
The CEO of the trust’s manager of the Reit is confident of reaching the target of US$1 billion in assets under management by 2026 SINCE it listed on the Singapore Exchange four years ago,…
UPS sees profit growth for first time in nearly 2 years
United Parcel Service (UPS) returned to sales and profit growth for the first time in nearly two years as the company benefited from higher volumes, more profitable packages, and steadying…
ServiceNow sales growth fails to impress AI-hungry investors
SERVICENOW reported strong third-quarter sales and bookings, but failed to clear the lofty expectations of investors looking for a bigger boost from artificial intelligence (AI).…
IBM posts soft revenue growth as consulting woes continue
INTERNATIONAL Business Machines (IBM) reported underwhelming sales as the company grapples with a slowdown in consulting demand. Sales increased 1 per cent to US$15 billion, slightly…
UN eyes modest 2024 maritime trade growth, but future uncertain
Maritime trade should show modest growth this year, the UN said Tuesday, warning though that the geopolitical tensions, climate impacts and conflicts shaking global trade are threatening…
IEA says oil demand growth weakness to continue on China and EVs
GLOBAL oil demand growth will continue to weaken due to China’s economic slowdown and the rapid uptake of electric vehicles, according to the International Energy Agency (IEA). “This year,…
Vietnam Premier Sees 2025 Economic Growth at 6.5% to 7%
(Bloomberg) -- Vietnam Prime Minister Pham Minh Chinh projects the nation’s economy will grow 6.5% to 7% in 2025 and says the government will push for expansion of 7%-7.5%, according to a…
Asia: Markets swing as China economic growth slows
ASIAN markets fluctuated on Friday (Oct 18) after China posted its weakest economic growth in a year and a half, as gold prices hit a record high and following a tepid lead from Wall…
Export growth lifts investor sentiment; STI up 1%
SINGAPORE shares ended higher on Thursday (Oct 17) after the release of September’s export data. The benchmark Straits Times Index (STI) was up 1 per cent or 34.63 points at 3,625.25.…
China set to post slowest quarterly growth this year: analysts
China's economy likely expanded at its slowest pace this year, according to an AFP survey ahead of data Friday, as authorities struggle to reignite consumption amid a chronic debt crisis…
SIA Group passenger capacity up 9.7% in September, outpacing passenger traffic growth
In total, the national carrier and its low-cost arm Scoot carried 3.1 million passengers that month SINGAPORE Airlines (SIA) Group posted a 9.7 per cent increase in passenger capacity in…
IEA cuts 2024 oil demand growth view, sees surplus looming
THE International Energy Agency (IEA) on Tuesday (Oct 15) further cut its global oil demand growth forecast for this year citing weakness in China and said the market was heading for a…