AUB’s Q1 income boosted by loan demand
BW FILE PHOTOASIA United Bank Corp.’s (AUB) net income rose by 54% in the first quarter, boosted by demand for commercial loans amid an economic reopening.In a statement, the publicly listed lender said earnings rose to P2 billion from P1.3
Brits set to splash out an extra £3bn on food, drink and entertainment
<?xml encoding="utf-8" ??>Brits are expected to ring in the Coronation of King Charles III this weekend in the time honoured tradition of emptying their wallets faster than usual. It is predicted consumers will fork out around £8bn over the Coronation bank
Asos, Boohoo share prices have recoiled: will earnings change this?
Asos (LON: ASC) and Boohoo (LON: BOO) share prices have lost the momentum they had earlier this year. After rising to 1,104p in February this year, Asos stock has plunged by more than 30% to 686p. Similarly, Boohoo shares jumped
Tullow Oil, Harbour Energy share prices plunge as oil dives
Energy stocks have pulled back in the past few weeks as the focus shift to the plunging oil and gas prices. The closely-watched Vanguard Energy ETF (VDE) has dropped to $110 from the year-to-date high of $131. Small-cap energy companies
Is the Fed bluffing? Powell rules out interest rate cuts but market doubtful
I published a piece this week looking into the Federal Reserve’s interest rate decision Wednesday, assessing whether it was reckless to hike again in the current climate. The decision came and went as expected, the Federal Reserve hiking rates another 25
Fear and greed index points to more S&P 500 upside
The S&P 500 index has drifted drifted downwards after it tested the important resistance point at $4,181. It retreated to a low of $4,095 after the latest interest rate decision by the Federal Reserve and as region banks continued collapsing.Fed
BUD stock price analysis after the AB InBev earnings
AB Inbev (NYSE: BUD) stock price has retreated in the past few days as the recent momentum faded. The shares were trading at $64, which was about 4.20% below the highest point this year. The company published strong financial results
Hunt hypes up UK’s future as ‘world’s next Silicon Valley’
<?xml encoding="utf-8" ??>Jeremy Hunt has talked up Britain’s prospects of becoming the “world’s next Silicon Valley” in a summit with creative industries leaders. The Chancellor has said the Prime Minister’s ambition for the UK to become a “science and technology superpower”
RAC says diesel drivers are being ‘ripped-off’ as wholesale prices cheaper than petrol for months
<?xml encoding="utf-8" ??>Diesel drivers are being “ripped-off” at the pumps to the tune of around 16p per litre, according to a motoring group. The RAC, along with others, has long argued that British motorists and businesses are paying over the odds
Google rolls out passkey technology in ‘beginning of the end’ for passwords
<?xml encoding="utf-8" ??>Google is moving one step closer to ditching passwords, rolling out its passkey technology to Google accounts from Thursday. The passkey is designed to replace passwords entirely by allowing authentication with fingerprint ID, facial ID or pin on the