BBVA raised its profit target for the year after first-quarter net profit and earnings beat consensus expectations. The Spanish lender said Monday that it now expects to post double-digit growth in ...
Hong Kong-based AIA on Monday said it would raise an existing buyback program to US$12 billion from US$10 billion in view of a "very strong financial position," adding that it had set a payout ratio ...
Chinese property shares surged on Monday after a major city in southwest China relaxed its curbs on home buying, raising hopes that more Tier-1 cities including Beijing and Shanghai, will soon follow ...
Shares could notch gains at the open in Europe on Monday. In Asia, stock benchmarks were mostly higher; the dollar consolidated; while oil futures and gold declined. Equities: Stock futures were ...
Air China shares fell after the flag-carrier missed expectations in the latest quarter despite an uptick in air travel, as higher cost of goods and oil prices weighed on the carrier's bottom line. The ...
Sinopharm said ahead of trading that first-quarter profit dropped 11% from a year earlier to 1.42 billion yuan ($196 million). A 1.2% rise in total operating revenue was offset by a 1.5% rise in total ...
Air China's first-quarter net loss narrowed as sales nearly doubled on increased travel. Net loss in the quarter ended March 31 narrowed to 1.67 billion yuan ($230.5 million) from CNY2.93 billion in ...
China Petroleum & Chemical's first-quarter net profit fell 8.9% on year on rising raw material costs. Net profit for the quarter ended March was 18.32 billion yuan ($2.53 billion), while revenue fell ...
AIA Group posted record new business value in the first quarter, prompting the insurer to increase its payout to shareholders and announce additional share buybacks. The value of new business was ...
With data consistently showing U.S. inflation remains elevated while the economy and the consumer hold up well, Federal Reserve officials have increasingly suggested that a rate cut won't happen any ...
The RBNZ will release its six-monthly Financial Stability Report, assessing how the economy is adjusting to higher interest rates. ANZ expects the report to highlight similar risks to those discussed ...
We are raising our fair value estimate for the stock, which now looks fairly valued after the latest share price rise.