Posts Tagged ‘Metric’
China to buy 12 million metric tons of US soybeans this season, Bessent says
[CHICAGO] US Treasury Secretary Scott Bessent said on Thursday that China has agreed to buy 12 million metric tons of American soybeans during the current season through January, down from 22.5 million tons in the prior season after a months-long tariff battle halted all purchases of the current US harvest. China also committed to buying…
Read MoreBYD first-quarter profit soars, beating Tesla on another metric
[HONG KONG] BYD’s net income in the first quarter jumped to 9.15 billion yuan (S$1.7 billion), overtaking Tesla on another key metric and signalling a robust start to the year for China’s No 1 selling car brand. Shenzhen-based BYD’s net income was higher than the 8.1 billion yuan projected by analysts. While the carmaker’s sales…
Read MoreSembcorp to miss 2025 target on green business profits, drops metric from 2028 strategy
Management will not receive compensation tied to this particular sustainability goal SEMBCORP Industries will miss one of its 2025 strategic targets of having 70 per cent of its net profit come from its sustainable solutions business, said the energy company in response to queries from The Business Times. This means that Sembcorp’s management will not…
Read MoreDistributable income is better metric for assessing Keppel Infrastructure Trust’s performance
I REFER to the article “Keppel Infrastructure Trust reverses into the red with a loss of S$23.9 million in H1 2024” (BT, Jul 26), which highlights profit after tax (PAT), a metric that is not as relevant to a business trust such as Keppel Infrastructure Trust (KIT). As investors in a business trust, KIT’s unitholders…
Read MoreHindenburg shorts data centre firm Equinix alleging inflated profit metric
HINDENBURG Research on Wednesday (Mar 20) disclosed a short position in data centre firm Equinix that operates as a real estate investment trust (Reit), alleging exaggerated profitability metric amid a race with big cloud firms, including Amazon.com. Equinix shares fell about 2 per cent in early trading as the short seller said the Reit with…
Read MoreUK Retains Metric System For Selling After Overwhelming Support
The UK government said on Wednesday it had dropped its plan to start selling in imperial measures after a consultation revealed 99 percent support for keeping the metric system. Ministers had looked at changing the law after the UK’s departure from the European Union in 2020 to allow traders to use Britain’s traditional weighing system…
Read MoreBitcoin Price Volatility Could Soar As Liquidity Intensifies But This Metric Could Signal Next BTC Surge
Analysts think that Bitcoin will most likely show price volatility this month as liquidity significantly exacerbates but one metric could signal the next big rally of the world’s largest crypto asset by market capitalization. The banking crisis in the U.S. which started last month with the collapse of Silvergate, followed by Silicon Valley Bank and…
Read MoreFed’s Favored Inflation Metric Lower Than Projected In October
Inflation’s rise in October was in line with estimates, signaling a stabilization of price increases, the Commerce Department reported Thursday. The core personal consumption expenditures price index, or PCE, is a gauge that excludes food and energy and considers changes in consumer behavior. Other metrics, such as the consumer price index, may not factor in…
Read MoreEgypt Climate Champion Calls For New Metric On Climate Finance
General view of hotels, banks and office buildings by the Nile River as Egypt prepares to host the COP27 summit in Egypt, September 12, 2022. Developing country climate financing needs should start being reframed at the U.N. climate summit in November, in order to move beyond the outdated – and unfulfilled – $100 billion that…
Read More