Oil giant Shell reveals plans to hike dividend as quarterly profits more than double
Shell revealed plans to raise its dividend per share by around 15% for the fourth quarter.
South Korea’s economy ekes out a small growth, backed by ‘revenge spending’
South Korea’s economy is still growing, backed by ‘revenge spending’
Credit Suisse shares plunge 18% as bank announces huge third-quarter loss and strategic overhaul
Credit Suisse has posted a quarterly loss that is significantly worse than analyst estimates, as it announced a massive strategic overhaul.
Asia-Pacific will lead global economic growth in 2023, S&P says
It said the region will dominate global growth in 2023, supported by regional free-trade agreements, efficient supply chains and competitive costs.
Southeast Asia’s top digital economies expected to hit $200 billion in 2022, report shows
South East Asia’s top digital economies grew faster than expected in 2022 and is set to reach $200 billion in GMV, according to Google, Temasek and Bain & Company.
European banks are posting bumper profits — but don’t buy their shares yet, strategist says
European banks have reported billions in third-quarter profits. Yet, investment advisors are suggesting investors should avoid the lenders’ shares. Why?
Samsung Electronics names Jay Y. Lee executive chairman
Samsung Electronics’ de facto leader Jay Y. Lee was named executive chairman on Thursday.
As earnings plunge, Samsung says chip demand may recover in late 2023
Samsung Electronics reported a 31% drop in third-quarter profit on Thursday and said geopolitical uncertainties are likely to dampen demand until early 2023.
These ‘all-weather’ stocks can protect your portfolio in a recession, says outperforming fund manager
Wall Street execs say a recession is coming. But these three stocks “will work in any type of economic environment,” says Foord Asset Management’s Brian Arcese.
Hang Seng index jumps 2% in Asia session; South Korea grows slowest in year
Shares in the Asia-Pacific were mixed Thursday as investors digest economic data in the region.
