(Reuters) -Singapore Telecommunications posted a 5.4% rise in its first-quarter profit on Thursday, driven by strong performance in its domestic and Australian telecom operations, as well as in its IT business, sending its shares to a two-week high. Operating earnings for its Australian telecom unit Optus rose 4.2% to S$475 million ($360.59 million), helped by price increases in postpaid plans...

BOGOTA, Aug 14 (Reuters) - Colombian financial conglomerate Grupo Aval reported on Wednesday a nearly 23% rise in its second-quarter net profit, climbing to 204.3 billion Colombian pesos ($50.9 million). Meanwhile, the company's interest income between April and June was up by about 22% to total 1.9 trillion pesos, according to its quarterly results report. The boost was driven by...

(Reuters) -Top Australian telco Telstra said annual profit sank 13% as it wrote down the value of its fixed-line enterprise unit and counted the cost of laying off up to 2,800 employees, but it flagged higher earnings in the year ahead, sending shares up. Telstra shares rose 2.7% to A$3.975 as at 0148 GMT to hit their highest level in...

HONG KONG (Reuters) - Ernst & Young (EY) and KPMG have snapped up over half of PwC's corporate clients in China that have fled the market's leading accounting firm as it faces a regulatory probe, filings show. Chinese authorities have been investigating PwC's role in auditing China Evergrande Group ( EGRNF ), after the securities regulator accused the troubled property...