Philip Chua Business Blog

Posts Tagged ‘profit’

(SINGAPORE) After a sluggish start, listed companies in Singapore made up for lost time in the second quarter, with their bottom lines jumpstarted by the recovering economy. As of last Friday, the 105 companies that had released their financial results for Q2 ended June reported a 47.1 per cent year-on-year increase in combined net profit to $3.676 billion. And of the 105, an overwhelming majority... more

OCBC Bank's net profit rose 8 per cent to $503 million in the second quarter compared to a year ago, missing analysts' estimates, as the group struggled to boost its lending income amid low interest rates, while investment income halved due to turbulent financial markets. But OCBC raised its dividend for the first six months of the year to 15 cents per share, from 14 cents previously - the first t... more

Profit is so boring. That's one way to characterize investors' suddenly blase view of Corporate America's single most important figure.


Business - Corporate America - Investing - Economic - United States

Rumours of a hike in the US discount rate on Thursday proved unfounded but served as the starting shot of a rally in the dollar index, with monetary tightening in India on Friday triggering subsequent profit taking in commodity currencies. Accompanied by the increased aversion for EUR and GBP, the…

The dollar had an excellent week, its best since January. The US currency rose 2% or more against every major currency except the Canadian Dollar; against the loonie it gained only 1.8%. Several factors sent the dollar soaring: end of the year profit taking and position squaring; sovereign debt concerns…

Tiffany & Co. says its third-quarter profit dipped partly on weaker domestic sales as shoppers continued to curb their discretionary spending.

Tiffany & Co – Sports – Quarter Horse – Equestrian – Breeds