PropertyGuru Q1 loss narrows to $6.3 million
The Straits Times Business News Revenue rose 11.9 per cent on the back of a strong growth in the Singapore marketplaces segment. Go to Source 21/05/2024 – 09:01 / Twitter: @hoffeldtcom
OCBC beats forecast with 5% rise in Q1 profit to $1.98 billion
The Straits Times Business News Earnings rose on the back of higher non-interest income and a pickup in loan growth. Go to Source 10/05/2024 – 03:03 / Twitter: @hoffeldtcom
Citigroup CEO faces growth challenge as overhaul rattles employees
The Straits Times Business News Citigroup shares rose 49 per cent since it announced the overhaul in mid-September, outpacing a 26 per cent climb for the KBW bank index. Go to Source 09/04/2024 – 15:03 / Twitter: @hoffeldtcom
Volkswagen 2023 profits rise, but warns on slow sales growth
The Straits Times Business News March 14, 2024 1:45 PMNet profits rose 13.1 per cent from 2022 to $26.1 billion in 2023. Go to Source 14/03/2024 – 09:00 / Twitter: @hoffeldtcom
Here’s where the jobs are for February 2024 — in one chart
US Top News and Analysis Job growth rose by 275,000 in February, a concurrent uptick in the unemployment rate indicated potential signs of cooling. Go to Source 08/03/2024 – 18:03 / Twitter: @hoffeldtcom
Nvidia posts record revenue up 265% on booming AI business
US Top News and Analysis Nvidia’s total revenue rose 265% from a year ago, based on strong sales for AI chips for servers. Go to Source 22/02/2024 – 00:02 / Twitter: @hoffeldtcom
Japan’s export growth beats consensus, keeping BOJ options open
The Straits Times Business News February 21, 2024 10:10 AMExports rose 11.9% in January from a year earlier, beating economists’ forecast of a 9.5% gain. Go to Source 21/02/2024 – 06:02 / Twitter: @hoffeldtcom
Far East Hospitality Trust posts 25.4% rise in second-half DPS
The Straits Times Business News February 14, 2024 8:55 AMRevenue rose across all business segments led by hotels. Go to Source 14/02/2024 – 03:02 / Twitter: @hoffeldtcom
Mortgage demand increases again, but interest rates are rising
US Top News and Analysis Mortgage demand rose last week, but rising interest rates may stand in the way of stronger application volume. Go to Source 22/03/2023 – 12:04 / Twitter: @hoffeldtcom
Dollar rises, stocks face headwinds from Fed rates
The Straits Times Business News February 20, 2023 7:46 AMBROOKLYN – The dollar rose in early trading on Monday, adding to a third week of gains as hawkish comments by United States Federal Reserve officials and geopolitical tensions bolstered the appeal of the greenback. Asian stocks looked set for a mixed open. Go to Source […]Continue reading