HONG KONG/LONDON :Standard Chartered (StanChart) reported on Thursday a 3 per cent rise in third-quarter pretax profit, beating analyst estimates, as strong wealth, global banking and markets businesses boosted revenue at the emerging markets-focused lender.StanChart, which earns most of its revenue in Asia a

E-commerce firm eBay forecast annual revenue above Wall Street estimates on Wednesday, signaling robust demand for products such as collector's items and refurbished goods.The company expects fiscal 2025 revenue to be between $10.97 billion and $11.03 billion, compared with analysts' average estimate of $10.8

E-commerce firm eBay forecast profit for the crucial holiday quarter below Wall Street estimates amid ongoing macroeconomic uncertainty, sending its shares down nearly 6 per cent after the bell on Wednesday.Tariffs and changes to certain customs requirements in the U.S. have created significant uncertainty fo

SEOUL :Samsung Electronics expects continued strength in the chip market, driven by AI demand, it said on Thursday after reporting a 32 per cent rise in third-quarter operating profit, its highest in over three years.The turnaround of the world's top memory chipmaker reflects the unexpected boom in convention

E-commerce firm eBay forecast profit for the crucial holiday quarter below Wall Street estimates amid ongoing macroeconomic uncertainty, sending its shares down 6 per cent after the bell on Wednesday.Discretionary spending remains subdued in the face of high interest rates and sticky inflation.Tariffs

HONG KONG/LONDON :Standard Chartered (StanChart) reported on Thursday a forecast-beating 3 per cent increase in third-quarter profit and said it expected income growth at the top end of its guidance as strong wealth, global banking and markets businesses boosted revenue.The lender, which earns most of its rev

Wolfspeed on Wednesday reported a lower first-quarter profit, highlighting the challenges facing the U.S. chipmaker as it recovers from bankruptcy and confronts subdued demand.Shares of company plunged more than 18 per cent in extended trading.The company, a key supplier of silicon carbide semiconducto

E-commerce firm eBay forecast profit for the crucial holiday quarter below Wall Street estimates amid ongoing macroeconomic uncertainty, sending its shares down 8.5 per cent after the bell on Wednesday.Tariffs and changes to certain customs requirements in the U.S. have created significant uncertainty for sma

HONG KONG/LONDON :Standard Chartered (StanChart) said it would hit a key profitability target a year earlier than expected after posting a 3 per cent increase in third-quarter earnings on the back of strong revenue in its wealth, global banking and markets businesses.The London-headquartered lender, which ear

Wolfspeed on Wednesday reported a weaker first-quarter profit, highlighting the challenges facing the U.S. chipmaker as it recovers from bankruptcy and confronts subdued demand, sending its shares down more than 7 per cent in extended trading.The company, a key supplier of silicon carbide semiconductors used