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  • July 10, 2014
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  1. Business - Banking & Finance - EARNINGS

    Japanese banks failing to reward investors

    Posted Jul 05th 2014, 01:51am by BLOOM

    ... The Japanese banks, which sold shares and hoarded profits after the global financial crisis dented their balance sheets, have been expanding overseas as weak credit demand and shrinking interest rates ...

  2. Business - Commodities - EARNINGS

    Trafigura profit boosted by rise in commodity demand

    Posted Jun 17th 2014, 05:13am by Reuters

    ... per cent this year from the double-digit rates of recent years, but this still translates into a need for ever-higher volumes of raw materials and energy," executive chairman Claude ...

  3. Property - Hong Kong & China - EARNINGS

    Link Reit distributable income jumps 14pc

    Posted Jun 04th 2014, 02:10pm by Peggy Sito

    ... conditions. He said improvements in asset quality and the underlying property values- supported by strong rental growth- should offset pressure from any increase in interest rates. The reit's leasing strategy consists of pursuing sustainable rental growth, introducing an eclectic tenant mix in its properties and reducing long-term vacancies. It hit an occupancy rate of 94.4 per cent ...

  4. Business - Companies - EARNINGS

    Johnson Electric under pressure from rising wages, increased plant cost

    Posted May 16th 2014, 01:05am by Sophie Yu

    ... "reflected the combination of strong demand from automotive customers, lower sales to industrial customers" and foreign exchange rate movements, the company said in a filing with the Hong Kong ... automobile market with the world's fastest growth rate of car sales." The company proposed a share consolidation yesterday that would see every four shares consolidated into one. The share ...

  5. Business - Banking & Finance - EARNINGS

    Record quarterly profit for DBS, OCBC

    Posted Apr 30th 2014, 10:06am by Reuters

    ... Singapore's two biggest banks, reported record quarterly profit and beat market estimates, powered by double-digit percentage growth in loans and improving interest rate margins. ... an improvement in interest rate margins, which helped boost their net interest income to record levels. DBS' core net profit rose to a record S$1.03 billion (HK$6.36 billion) for the first three ...

  6. Business - Companies - EARNINGS

    HTC eyes US with flagship M8 phone

    Posted May 07th 2014, 01:08am by Reuters

    ... of lower-priced models in emerging economies are growing at an increasing rate. "If you want to grow share as a vendor, it is hard to do so if you just rely on one model that costs over US$600," ...

  7. Business - Companies - EARNINGS

    IBM tax rate hits 20-year low with help of Dutch haven

    Posted Feb 05th 2014, 05:37am by Bloomberg

    ... Bloomberg in New York Dutch unit helps IBM cut tax rate to 20-year low IBM has reduced its tax rate to a two-decade low with help from a tax strategy that sends profits through a Dutch ... tax rate over 20 years at the same time pre-tax income quadrupled. Then last year, the rate slid to the lowest level since at least 1994, lifting earnings above analysts' estimates. IBM ...

  8. Business - China Business - EARNINGS

    Alibaba growth rate cools before IPO

    Posted Jan 30th 2014, 05:01am by Reuters

    ... Reuters in San Francisco E-commerce giant records third-quarter income of US$792 million on reduced profit margins Alibaba growth rate cools before expected IPO Alibaba's scorching ... rate in three quarters, while margins shrank for a second quarter. But it swung from a loss a year earlier to US$792 million in net income ahead of what is being billed as the biggest initial ...

  9. Business - Companies - EARNINGS

    Hardware sector to remain a drag on IBM as quarterly revenue hits 5-year low

    Posted Apr 18th 2014, 01:17am by Reuters

    ... but the growth rate was slower than the 2.8 per cent posted in the fourth quarter. Last month, technology research firm Gartner reported that IBM lost its spot as the world's No2 software maker ... It said its cloud revenue grew more than 50 per cent in the quarter. The annual run rate of cloud delivered as a service doubled from last year to US$2.3 billion. Moving to the cloud allows ...

  10. Business - Banking & Finance - EARNINGS

    Credit Suisse misses estimates with 34pc profit fall

    Posted Apr 17th 2014, 01:09am by BLOOM

    ... dropped 25 per cent to 1.49 billion francs on a lower contribution from rates and emerging markets businesses, while equities revenue fell 7.4 per cent to 1.2 billion francs. Dougan said ...




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