OCBC Profit Climbs as Higher Interest Rates Buoy Margins
Oversea-Chinese Banking Corp. reported a jump in second-quarter profit driven by an expansion in lending margins even as allowances for potentially soured assets more than tripled.Net income rose 34% to S$1.71 billion from a year earlier in the three months ended June 30, Southeast Asia’s second-largest lender said Friday. That compared with the S$1.74 billion average estimate of five analysts surveyed by Bloomberg.Chief Executive Officer Helen Wong said the bank is “watchful” of impacts from p
monsitj In this article, I will outline why I think that now is a good time to build a position in Alibaba Group Holding Ltd. (NYSE:BABA). My investment thesis includes price action, volume, momentum,
Apple, Amazon, AMD, and More Earnings, July Jobs Report: What to Know This Week
It will bethe busiest week of second-quarter earnings season, witha third of S&P 500 companies scheduled to report. Economic-data highlights will include the latest U.S. jobs data and purchasing manag
David Becker As with any competitor, a quarterly earnings report from a peer can provide great insight into the market. For Advanced Micro Devices (NASDAQ:AMD), the Q2'23 earnings report from Intel (I