Asian firms' earnings outlook improves as chip sector shines

A key Asia stock index has gained its biggest lift in earnings projections in more than three years, as the region's semiconductor firms benefit from the boom in generative artificial intelligence. Also helped by robust second-quarter results across a wide range of industries, the average of 12-month earnings per share forecasts for companies in the MSCI Asia Pacific index climbed 3.9% over the past month, according to LSEG IBES data that collates analysts' estimates.

Sex discrimination commissioner urges Labor to reverse decision excluding gender and sexuality census questionsChris Clark set to succeed Jim Hart as Santa Cruz County sheriffOriol Romeu will wear the red and white shirt again. The midfielder from Ulldecona arrives at Montilivi on loan after a season at FC Barcelona. The pivot, who will train with the team tomorrow, return...The board of ADvTECH Limited has announced that it will pay a dividend of ZAR0.38 per share on the 16th of...

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Asian Stocks Slump Most Since 2022 as Japan Selloff Deepens(Bloomberg) -- Asian stocks tumbled as sentiment was hit by a triple whammy of a Japan selloff, a global tech rout and weakness in the US economy. Most Read ...
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