SoftBank posts surprise loss even as Vision Fund back in black after five quarters

[ad_1] SoftBank reported a surprise loss in the first quarter covering April-June, despite an investment gain from its massive tech-focused Vision Fund. Here’s how the company did: The SoftBank group…

Kretam plans to boost yields in the coming quarters

[ad_1] PETALING JAYA: The lower average crude palm oil prices of RM3,700 per tonne forecast for this year are likely to affect Kretam Holdings Bhd’s earnings for financial year 2023…

Retrenchments in S’pore rose for 3 consecutive quarters, hitting 2016-2017 levels

[ad_1] Job retrenchments in Singapore continued to rise in the first quarter of 2023. (PHOTO: Getty) SINGAPORE — Job retrenchments continued to increase in the first three months of 2023…

Meta shares pop 12% after company reports first sales increase in four quarters, issues optimistic guidance

[ad_1] Mark Zuckerberg, chief executive officer of Meta Platforms Inc., center, departs from federal court in San Jose, Calif., on Dec. 20, 2022. David Paul Morris | Bloomberg | Getty…

Core inflation to fall below 5.0% in remaining quarters

[ad_1] Staff Reporter , Singapore Photo by Stijn Dijkstra via Pexels RHB expects core inflation to fall at around 2.5% at year-end. Inflation will ease further from Q2 to Q4…

Economy Showing Strength in Early 2023 After Last Quarter’s GDP Gain Revised Modestly Lower

[ad_1] Economy U.S. Economy Output expanded at 2.7% rate in final quarter of 2022, Commerce Department says [ad_2] Source link