Which FTSE 100 companies are most exposed to Donald Trump? November 14, 2024 The FTSE 100 has dropped by more than one per cent following the election of Donald Trump as US president, hitting a three-month low earlier this week. Meanwhile, the S&P 500 has been soaring, leading to a clear divergence between the two indexes. While not all of the poor performance of the FTSE 100 can [...]
Prudential: FTSE 100 insurer posts profit growth in key Asian markets November 6, 2024 FTSE 100 insurer Prudential posted a jump in new business profit for the first nine months of its year today after registering “broad based growth” across its global markets. In a third-quarter trading update today, the Asia-focused insurer said it had notched £2.35bn in new business profit across its global markets, an 11 per cent rise on [...]
Prudential hopes sluggish first half won’t stand in the way of ambitious targets August 28, 2024 The firm reported that new business profit fell three per cent in Hong Kong compared to last year, when there was strong growth in the wake of the pandemic.
Investors brace for Prudential results as stock price continues to disappoint August 26, 2024 Investors in insurance giant Prudential are bracing themselves for its half-year results this week after the company has struggled to keep its stock price stable over the last two years. The FTSE 100 constituent has seen its share price drop by nearly a third over the past year, slumping to its lowest point since 2012. [...]
Prudential launches $2bn share buyback plan and outlines progress for further returns June 24, 2024 Prudential has unviled a multi-billion-dollar share buyback programme.
Exiled Hong Kong activist: HSBC ‘short-sighted’ for lobbying Sunak to ease China crackdown May 13, 2024 A leading Hong Kong pro-democracy activist has called major firms like HSBC and Standard Chartered "short-sighted" for lobbying the UK government to ease its planned clampdowns on China.
Growth markets India and Thailand help Prudential keep up the momentum April 30, 2024 Prudential said these figures reflected the group's "strong momentum" despite strong comparators in the same period last year.
Prudential hikes dividend thanks to profit growth following ‘relentless focus’ on new strategy March 20, 2024 The Asia-focused insurer announced a second dividend of 14.21 cents per share, making a full year dividend of 20.47 cents.
Prudential: Hong Kong drives new business profits up 37 per cent as Asia strategy credited November 6, 2023 Insurance giant Prudential’s new business profit rose to ($2,14bn) £1.7bn in third quarter, which was a 37 per cent increase on the same period for 2022 as the firm credits its new strategy. Prudential said its Hong Kong arm led the surge, but it also increased sales to both Chinese mainland visitors and domestic customers [...]
St James’s Place calls in ex Prudential boss as its new chief executive September 13, 2023 London wealth manager St James’s Place has appointed the former boss of insurance giant Prudential as its new chief executive today as veteran Andrew Croft prepares to step down later this year.