DBS profit up, share price down
DBS announcing another unbelieveable achievement for the 4th quarter results. At the rate it is making profit, in no time DBS would be the biggest bank in the world and the most profitable one. 4th quarter profit up 20%, to $1b in 3 mths. Who is saying banks cannot make big profits like the casinos? And revenue hit $10b or $10.79b...
Questions for Keppel, SembCorp Marine
FT’s Nick Butler had 4 questions for the oil majors’ results season: where they spintheir annual results, declare dividends and reveal strategy updates. These are useful questions for Keppel and SembBorp Marine except the second question should be about their vanalysis of their clients projects. And for Temasek too....
HoHo Ho: StanChart’s in a right mess
Shares in Standard Chartered plunged on Tuesday after the Asia-focused bank revealed a $1.5bn (£1.1bn) loss. http://www.bbc.com/news/business-35639284 The bank will take a $4bn charge on writing down the value of its loans, driven by falling commodity prices and deterioration of Indian markets. Shares in the bank tumbled by...
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- Caoliangoh on Pakistan to nuke Israel if…
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- unprovoked aggression on Iran’s ‘Terrifying’ New Arsenal Brings Israel To Its Knees
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