Business
Thailand car production drops in July, local sales up
Car production in Thailand fell for the first time in three months in July as tariff uncertainty hurt export demand, while sales extended…
Tag
drops
Business
BOC Aviation net profit drops 26% to US$342 million; interim dividend at US$0.1476 per share
Asian aircraft leasing giant BOC Aviation posted a 26 per cent drop in net profit for the first half of 2025, though the number was…
Business
CapitaLand Investment drops 4.3% to one-month low on lower H1 earnings
Its shares were down by 4.3% or S$0.12 from Wednesday’s close as at the midday trading break, to their lowest price in more than a month…
Business
CapitaLand Investment drops 3.5% on lower H1 earnings
At the midday trading break, its shares were down by 4.3% at S$2.70 – their lowest price in more than a month Shares of CapitaLand…
Business
QAF H1 net profit drops by 69% to S$3.9 million
QAF posted a drop of 69 per cent in its net profit to S$3.9 million for the half-year of FY2025 ended June, impacted by a marginal dip in…
Business
Daiwa House Logistics Trust H1 DPU drops 8.6% to S$0.0224
The manager of Daiwa House Logistics Trust (DHLT) on Friday (Aug 8) posted a distribution per unit (DPU) of S$0.0224 for its first half…
Business
Ireit Global DPU drops to 0.71 euro cent for H1 due to Berlin vacancy
Ireit Global posted a 26 per cent fall year on year in distribution per unit (DPU) to 0.71 euro cent for the half-year of FY2025 ended…
Business
Shell’s profit drops by almost a third on lower oil prices, but beats expectations
Shell’s second-quarter net profit tumbled by almost a third on Thursday (Jul 31), dragged down by a drop in oil prices, lower gas trading…
Business
Samsung Q2 profit drops 55% on weak AI chip sales, China curbs
Samsung Electronics reported on Thursday a 55 per cent drop in second-quarter operating profit as delays in high-bandwidth memory chip…
Business
CDL Hospitality Trusts H1 NPI drops 11.9% to S$58.6 million as W Hotel renovations continue
Net property income (NPI) for CDL Hospitality Trusts (CDLHT) fell11.9per cent to S$58.6 million for the first half ended June 30, from…
Business
Singapore shares down amid mixed regional showing on Monday; STI drops 0.5%
Local stocks fell for the second straight session on Monday (Jul 28) amid a mixed performance by Asian bourses, as optimism over…
News
Israel to open Gaza humanitarian corridors as aid drops begin
Israel has said it is prepared to open humanitarian corridors to allow UN convoys into Gaza, following weeks of international pressure and…
News
Passengers Thrown from Seats as Southwest Plane Drops Abruptly to Avoid Mid-air Collision
A Southwest Airlines flight had a scary landing after taking off from Hollywood Burbank Airport in California. Flight 1496 was en route to…
Business
GM Q2 Profit Drops 32% Amid Tariff Pressure, Warns of Bigger Hit Ahead
General Motors (GM) reported a sharp 32% decline in second-quarter core profit on Tuesday, attributing the drop largely to escalating…
Business
Aztech Global net profit drops 65.5% to S$16.1 million on subdued customer demand
Aztech Global’s net profit plunged 65.5 per cent to S$16.1 million, from S$46.7 million, for the first half ended Jun 30, 2025. Similarly,…
Business
Aztech Global H1 net profit drops 65.5% to S$16.1 million on subdued customer demand
Aztech Global’s net profit plunged 65.5 per cent to S$16.1 million, from S$46.7 million, for the first half ended Jun 30, 2025. Similarly,…
Business
Blackstone drops out of consortium bid for TikTok US: source
PRIVATE equity giant Blackstone has withdrawn from a consortium seeking to invest in TikTok’s US operations, a source familiar with the…
Business
Singapore shares slip as tariff pause will end soon; STI drops 0.2%
STI dips to 4,013.62 as decliners beat gainers 282 to 192 across the broader market Singapore equities retreated along with some regional…
Business
Wall Street Today: Dow Drops, Nasdaq Rises as Investors Eye Fed Caution and Geopolitical Ease
The US markets took a breather on Wednesday, closing mixed after two days of strong gains. The Nasdaq gained 61 points, the S&P 500 was…
Business
Hong Kong intervenes to defend FX peg as local currency drops
In addition to pushing the currency back into its permitted trading range, the move will also make bearish bets more costly Hong Kong’s de…
Business
Singapore Airlines CEO’s latest annual pay drops 14% to S$7 million despite record performance
Singapore Airlines (SIA) paid its chief executive Goh Choon Phong S$7 million in remuneration for the latest financial year ended March…
Business
Global Markets Jump, Oil Drops 3.4% as Trump Claims Israel-Iran Ceasefire
US President Donald Trump announced a ceasefire between Iran and Israel through a social media post, though Iran and Israel continued…
Unsorted
Vietnamese dong drops to record low as Asian currencies weaken
The Vietnamese dong fell, dropping below a record low it touched in April, as Asian currencies declined following a report that the US is…
Business
Global carriers pile on India capacity as US-Europe traffic drops
The skies above India are about to get a lot busier as international carriers add more routes to the world’s most-populated nation to make…