Corporate earnings
Bank of America profit climbs as trading surges in volatile markets
Its sales and trading revenue rose 10% to US$4.5 billion in Q4
JPMorgan profit falls on one-time Apple card deal charge
Profit fell to US$13 billion, or US$4.63 per share, in the three months ended December 31
TSMC Q4 revenue jumps more than 20%, beating forecast
Demand for the company’s products leaps in response to surging interest in AI applications
IHH Healthcare’s Q3 net profit rises 15% to RM616 million
Revenue is up 16% at RM6.6 billion, on the back of strong performances from key markets Malaysia and India
Alibaba revenue tops estimates with strong instant retail, AI push
The company’s results come against the backdrop of a costly battle in China’s ‘instant retail’ sector
Maybank Q3 profit up 3.3% at RM2.6 billion
Deposits rise 4.7% on year to RM739.1 billion as at Sep 30
Del Monte Pacific Q2 net profit jumps six times to US$16.8 million; shares touch two-month high
The improvements reflect strong operational efficiency and market demand, says the dual-listed group
Deutsche Bank unveils more ambitious cost and profit targets for 2028
It wants to increase revenue to around 37 billion euros in 2028, up from around 32 billion euros in 2025
StarHub’s Q3 profit falls 35.3% to S$26.2 million
Revenue for the period is down 4.3% at S$550.3 million
United Hampshire US Reit Q3 distributable income up 15.5% at US$7 million
This is due to commencement of new leases, rental escalations from existing leases and lower interest costs