WIKA Books Rp17.81 Trillion in 2021 Sales, 7.7% Higher Than 2020; Positive Recovery Indicator in 2021
JAKARTA, Mar 21, 2022 – (ACN Newswire via SEAPRWire.com) – PT WIJAYA KARYA (Persero) Tbk. [IDX: WIKA] booked Rp17.81 trillion in sales 2021 as recorded in the financial statement for […]
Passage of US infrastructure Bill a big plus for equity markets
SINGAPORE – The United States Congress’ passing of the US$1 trillion (S$1.35 trillion) infrastructure Bill proposed by President Joe Biden is one of the biggest positive market news coming through the […]
Riding on the winds of China’s policy shift
SINGAPORE – All eyes have been on China lately. Beijing’s new vision to achieve “common prosperity” is raising alarm over a broader, longer-lasting regulatory crackdown and a vast wealth redistribution. […]
S&P 500 edges to record as Fed eyes inflation risk
NEW YORK (AFP) – The S&P 500 edged to a record on Wednesday (April 7) while the Nasdaq dipped as US President Joe Biden again called for infrastructure investment and […]
Samsung Electronics flags 44% surge in Q1 profit, matching analysts’ estimate
SEOUL (REUTERS) – Samsung Electronics on Wednesday (April 7) said first-quarter profit likely rose 44 per cent, which analysts attributed to brisk sales of home appliances, smartphones and TVs, though […]
Nasdaq rallies as Biden unveils infrastructure plan
NEW YORK (AFP) – Tech shares rallied on Wednesday (March 31) to conclude the first quarter on a positive note as markets digested early details of US President Joe Biden’s […]
Ant’s IPO attracts record $4 trillion in retail orders
HONG KONG • The biggest initial public offering (IPO) of all time has unleashed an investor frenzy for the record books. Individual investors in Hong Kong and Shanghai placed orders […]
Samsung Q3 operating profit jumps 59% on strong smartphone sales
SEOUL (REUTERS) – Samsung Electronics reported a 59 per cent rise in quarterly operating profit on Thursday (Oct 29) as US restrictions on China’s Huawei Technologies boosted the South Korean […]