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  • April 20, 2014
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Results 1 - 10 of 22 for currency

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  1. Business - Companies - EARNINGS

    Currency gains help avert loss for China Southern

    Posted Aug 27th 2013, 12:00am by Charlotte So

    ... Charlotte So charlotte.so@scmp.com With stronger yuan cutting debt, carrier stays in profit after tough first half hit by overcapacity Currency gains help avert loss for China Southern ... currency. The strong yuan helped to cut its US dollar-denominated debt, translating into a paper gain. Analysts said falling passenger demand on the mainland, especially in the second quarter, ...

  2. Business - Companies - EARNINGS

    Currency gains help keep Air China in the black

    Posted Aug 28th 2013, 12:00am by Charlotte So

    ... Charlotte So charlotte.so@scmp.com Currency gains help keep Air China in the black Yuan appreciation has continued to help mainland carriers stay afloat, with Air China yesterday reporting a 9.7 per cent increase in first-half net profit to 1.14 billion yuan (HK$1.43 billion). The Beijing-based carrier could only break even in its core business thanks to the 1.1 billion yuan ...

  3. Business - Banking & Finance - EARNINGS

    ICBC profit climbs 10.2 per cent on fees, high net interest margins

    Posted Mar 28th 2014, 01:40am by Zhang Hong

    ... currency. The bank acknowledged though that there will be challenges ahead. "[We] reinforced liquidity management and interest rate pricing management, strived to control liability costs ...

  4. Business - China Business - EARNINGS

    Shift in business focus pays off for Haitong International Securities

    Posted Mar 05th 2014, 01:38am by Ray Chan

    ... growth in its structured financing and fixed income, currencies and commodities (FICC) units. "The firm is undergoing an orderly, swift transformation, where we have shifted our focus ...

  5. Business - Companies - EARNINGS

    Amazon and Mattel profits miss forecasts

    Posted Feb 03rd 2014, 04:11am by Bloomberg

    ... forecasts from planemaker Boeing and EMC last week, combined with a slump in emerging-market currencies, rattled investors looking for reassurance that profit growth would continue to accelerate. ...

  6. Business - Banking & Finance - EARNINGS

    Korea woes weigh down StanChart

    Posted Oct 29th 2013, 03:35pm by KANIS LI

    ... on souring credit quality at its South Korean business and currency depreciation in emerging markets. Income for the third quarter edged down by a low single-digit percentage from last year, the bank ... a year ago, Meddings said. Falling currencies, including the Indian rupee and the Indonesian rupiah, were estimated to have shaved US$70 million off profits for the whole year. Hong Kong ...

  7. Business - Companies - EARNINGS

    Vodafone bets on network upgrade as sales fall short

    Posted Nov 13th 2013, 03:17am by BLOOM

    ... said yesterday. Service revenue, excluding currency swings and acquisitions, fell 4.9 per cent in the quarter to September, missing analysts' estimates for a 4.6 per cent decline. Chief ...

  8. Business - Companies - EARNINGS

    Disposal gains propel Cosco Pacific profit

    Posted Oct 29th 2013, 02:42am by Charlotte So

    ... emerging economies became moderate," the company said in an announcement yesterday. The currency crisis in emerging markets, including India, Brazil, Indonesia and Thailand, since August, ...

  9. Business - Banking & Finance - EARNINGS

    HK comes out tops in HSBC report

    Posted Nov 05th 2013, 02:42am by Enoch Yiu

    ... reforms. Investec said in a report that Hong Kong was "a standout performer with 2 per cent quarter-on-quarter growth in revenues" while its "currency customer loans are marginally ...

  10. Business - Banking & Finance - EARNINGS

    Standard Chartered bank expects high single digit growth

    Posted Dec 07th 2012, 12:00am by Bloomberg

    ... Bloomberg British bank giant says headwind from currency moves weakening and plans to hire more staff StanChart expects high single digit revenue growth Standard Chartered expects ... Richard Meddings warned that the bank might miss its earlier growth target of at least 10 per cent. The "headwind" from currency moves was decreasing, Standard Chartered- which ...




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