Quantum 2021
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Asia stocks set to track U.S. drop on infections resurgence: markets wrap
Asian stocks look set to come under pressure Wednesday after U.S. equities suffered their worst drop in a month on concern that a resurgent public health crisis will hurt the economic recovery. The dollar held a rally.
Futures fell in Australia and Hong Kong and wavered in Japan. U.S. contracts dipped after the $S&P 500 Index(.SPX.US$snapped a five-day rally and t...
Asian stocks look set to come under pressure Wednesday after U.S. equities suffered their worst drop in a month on concern that a resurgent public health crisis will hurt the economic recovery. The dollar held a rally.
Futures fell in Australia and Hong Kong and wavered in Japan. U.S. contracts dipped after the $S&P 500 Index(.SPX.US$snapped a five-day rally and t...
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Quantum 2021
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Aramco posts nearly 300% leap in second-quarter profit as oil demand recovers
Saudi state oil giant Aramco reported a stunning 288% increase in net income to $25.5 billion for the second quarter, while maintaining its dividend of $18.8 billion, as big oil benefits from higher prices and a recovery in worldwide demand.
Aramco said free cash flow was $22.6 billion in the second quarter and $40.9 billion for the first half of 2021, compared to $6.1 billion and $21.1 billion, respectively, for the same periods in 2020.
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Saudi state oil giant Aramco reported a stunning 288% increase in net income to $25.5 billion for the second quarter, while maintaining its dividend of $18.8 billion, as big oil benefits from higher prices and a recovery in worldwide demand.
Aramco said free cash flow was $22.6 billion in the second quarter and $40.9 billion for the first half of 2021, compared to $6.1 billion and $21.1 billion, respectively, for the same periods in 2020.
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Huat huat ah
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