Holiday Inn owner IHG’s room revenue grows 1.5% on firm European summer demand
(Reuters) -Holiday Inn owner InterContinental Hotels Group posted third-quarter room revenue growth of 1.5% on Tuesday, as summer demand in Europe offset a subdued U.S. market and dogged weakness in China. Growth in revenue per available room (RevPAR) – a…
Taiwan stocks higher at close of trade; Taiwan Weighted up 0.24%
Investing.com – Taiwan stocks were higher after the close on Tuesday, as gains in the Glass, Transport and Optoelectronic sectors led shares higher. At the close in Taiwan, the Taiwan Weighted gained 0.24% to hit a new 3-months high. The…
Westpac flags $82 million hit to FY24 net profit from notable items
(Reuters) – Westpac Banking (NYSE:WBK) Corp, Australia’s third-largest lender by market value, said on Tuesday its 2024 net profit would take a A$123 million ($82.26 million) hit due to impacts from certain notable items. The bank attributed the hit to…
Saab profit rises, sees sales growth at upper end of forecast range
By Niklas Pollard STOCKHOLM (Reuters) -Swedish defence material maker Saab on Tuesday reported a slightly bigger-than-expected rise in third-quarter operating earnings and affirmed its outlook for surging sales and profits this year as countries scramble to re-arm. The company reported…
Asia shares wobble while bitcoin and gold rally
By Rae Wee SINGAPORE (Reuters) – Asia shares dipped in and out of positive territory on Monday, under pressure from weakness in Hong Kong stocks, but bitcoin scaled a three-month peak as “Trump trades” continued to ramp up. Gold hit…
Taiwan stocks higher at close of trade; Taiwan Weighted up 1.88%
Investing.com – Taiwan stocks were higher after the close on Monday, as gains in the Semiconductor, Electronics and Electrical/Machinery sectors led shares higher. At the close in Taiwan, the Taiwan Weighted gained 1.88% to hit a new 3-months high. The…