Seafood producers eye record profit yet face mounting challenges

Seafood producers eye record profit yet face mounting challenges

Many seafood producers posted record profits in the second quarter. However, mounting hardships linger in the remainder of the year.
Businesses post buoyant profit picture in the year to date

Businesses post buoyant profit picture in the year to date

Amid the economic rebound post-pandemic, many businesses aspire rosy profit picture in the second quarter of this year.
Weighing steel ticker appeal in the rest of 2021

Weighing steel ticker appeal in the rest of 2021

Many steel tickers remain attractive to investors, who are aiming to leverage diverse supportive factors, despite the high prices that some of these tickers recorded recently.
FE Credit toasted second-quarter and first-half 2020 results

FE Credit toasted second-quarter and first-half 2020 results

On August 5, FE Credit, together with its partner bank VPBank, organised an analyst call to discuss its second-quarter results as well as first-half financial achievements.
Singapore records highest unemployment rate over the past decade

Singapore records highest unemployment rate over the past decade

Singapore’s unemployment rate rose to 2.9 percent in the second quarter of 2020 from 2.4 percent in the preceding quarter, the highest level over the past decade, according to the country’s Ministry of Manpower (MOM).
Staff fleeing banks by the thousands

Staff fleeing banks by the thousands

In addition to fluctuating business performance, 2019’s first half also saw thousands of staff leave from some banks.
Siemens rolls out sound revenue growth

Siemens rolls out sound revenue growth

Siemens Group continues a broad-based revenue growth in second quarter while forecasting lowered income for 2012.
Asian rental growth outpaces Europe

Asian rental growth outpaces Europe

Asian real estate markets continue to lead to their European and American rivals as the slow and long recovery from the global financial crisis (GFC) continues, according to CB Richard Ellis.
Property developers suffer amid poor market

Property developers suffer amid poor market

A tough second quarter for the national property market has ended with a number of listed realty companies reporting losses and plummeting profits.
Shell profits soar on high oil prices

Shell profits soar on high oil prices

Oil major Royal Dutch Shell said Thursday that net profits almost doubled to $8.6 billion (6.0 billion euros) in the second quarter, when the energy sector was boosted by surging crude oil prices.
Bank of America reports huge loss

Bank of America reports huge loss

Bank of America said on Tuesday that it lost $9.1 billion in the second quarter, due to its record-breaking settlement over subprime mortgage claims stemming from the financial crisis.
Yahoo! profit rises, revenue falls

Yahoo! profit rises, revenue falls

Yahoo! reported Tuesday an 11 per cent rise in profit in the second quarter from a year ago, despite a fresh drop in revenue linked to its Internet search agreement with Microsoft.
IBM, Coca-Cola boost US stocks

IBM, Coca-Cola boost US stocks

US stocks surged on Tuesday after companies including IBM, Coca-Cola and Wells Fargo reported strong second-quarter profits and a ray of hope emerged from the debt-ceiling stalemate in Washington.
RIM shares fall on lower outlook, job cuts

RIM shares fall on lower outlook, job cuts

Shares in Research In Motion (RIM) plunged in after-hours trading Thursday after the BlackBerry maker lowered its outlook and announced plans to cut jobs.
News Corp. puts Myspace on the block

News Corp. puts Myspace on the block

News Corp. said Wednesday it was exploring a sale or other "strategic options" for Myspace, the ailing social network which has been eclipsed by Facebook.
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