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Wall Street Falls Sharply After Donald Trump's New Tariff Announcement and Weak Job Data
U.S. stock markets plummeted sharply on Friday following President Donald Trump's new tariffs on imports from Canada, India, Brazil, and…
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Falls
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Oil falls US$2 a barrel on worries about Opec+ supply, US jobs data
Oil prices US$2 a barrel on Friday (Aug 1) because of jitters about a possible increase in production by Opec and its allies, while a…
Business
Singapore shares on longest losing streak since April; STI falls 0.5%
Local stocks fell for the sixth consecutive session on Friday (Aug 1), notching their longest losing streak since Apr 9, as most markets…
Business
OCBC Q2 profit falls 7% to S$1.82 billion; to pay S$0.41 a share in dividends
The earnings beat the S$1.79 billion consensus forecast from a Bloomberg poll of six analysts OCBC’s net profit for the second quarter…
Business
Frasers Logistics & Commercial Trust’s portfolio occupancy falls to 92.5%
Frasers Logistics and Commercial Trust (FLCT) on Thursday (Jul 31) reported a lower portfolio occupancy of 92.5 per cent as at Jun 30,…
Business
Seatrium falls 5.4% after fines, despite strong H1 results
The company announced on Wednesday (30 Jul) it was to pay S$240 million in financial penalties Shares of Seatrium dived 5.4 per cent…
Business
MPACT Q1 DPU falls 3.8% to S$0.0201 on lower contributions, divestment of Mapletree Anson
The manager of Mapletree Pan Asia Commercial Trust (MPACT) on Wednesday (Jul 30) reported a 3.8 per cent fall in distribution per unit…
Business
HSBC first-half profit falls 26%, misses estimates
Holdings reported a 26 per cent slide in first-half pretax profit on Wednesday, missing analyst estimates, as a US$2.1 billion impairment…
Business
Keppel Reit H1 DPU falls by 2.9% to S$0.0272
Keppel Real Estate Investment Trust (Reit) on Wednesday (Jul 30) reported a 2.9 per cent decline in its distribution per unit (DPU) for…
Business
CapitaLand China Trust H1 DPU falls 17.3% to S$0.0249
CapitaLand China Trust’s (CLCT) distribution per unit (DPU) for the six months ended Jun 30 fell 17.3 per cent to S$0.0249, from S$0.0301…
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CDL Hospitality Trusts H1 DPS falls 21.1% to S$0.0198 as W Hotel renovations continue
The distribution per stapled security (DPS) for CDL Hospitality Trusts (CDLHT) fell 21.1per cent to S$0.0198 for the first half ended Jun…
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CDL Hospitality Trusts H1 DPS falls 21.1% to S$0.0198
The distribution per stapled security (DPS) for CDL Hospitality Trusts (CDLHT) fell 21.1per cent to S$0.0198 for the first half ended Jun…
Business
Far East Hospitality Trust H1 DPS falls 9.2% to S$0.0178
Distribution to stapled security holders drops 8.7% to S$36 million from S$39.5 million Far East Hospitality Trust (FEHT) posted a 9.2 per…
Business
Far East Hospitality Trust H1 DPS falls 9.2% to S$0.0178 on lower contributions from Singapore hotels, serviced residences
Far East Hospitality Trust (FEHT) on Wednesday (Jul 30) posted a 9.2 per cent fall in distribution per stapled security (DPS) to S$0.0178…
Business
UOI H1 profit falls 39.1% to S$8.6 million, declares lower dividend of S$0.07 per share
United Overseas Insurance (UOI), the general insurance arm of UOB, posted a 39.1 per cent decline in its net profit for the first half of…
Business
Keppel Pacific Oak US Reit H1 distributable income falls 16.2% to US$19.9 million
The decline is mainly due to lower cash net property income and higher other trust expenses Keppel Pacific Oak US Reit (Kore) posted a…
Business
CapitaLand Ascott Trust H1 DPS falls 1% to S$0.0253
The manager of CapitaLand Ascott Trust (Clas) on Tuesday (Jul 29) posted a 1 per cent drop in distribution per stapled security (DPS) to…
Business
SIA Q1 net profit falls 58.8% to S$186 million on associates’ losses, lower interest income
Net profit for Singapore Airlines (SIA) declined 58.8 per cent to S$186 million for Q1 FY2026 ending Jun 30, from S$452 million in the…
Business
STI falls on Friday, in tandem with most regional indices; STI down 0.3%
Across the broader market, advancers outnumber decliners 335 to 245 after 2.2 billion shares worth S$1.8 billion change hands The Straits…
Business
IBM falls most in 15 months on tepid software sales
SHARES of International Business Machines declined the most since April 2024 after the company reported weaker-than-expected sales in its…
Business
Macquarie’s quarterly profit falls, CFO Harvey decides to step down
RALIA’S top investment bank, Macquarie Group, reported a decline in first-quarter net profit on Thursday and announced that chief…
Business
SAP reports cloud growth that falls short of expectations
SAP reported quarterly cloud and software sales that fell just short of estimates as tariff insecurities weighed on Europe’s most valuable…
Business
Julius Baer's first-half profit falls 35% on loan provisions, Brazil unit sale
Swiss bank Julius Baer posted a first-half profit of 295 million francs (S$473.5 million) on Tuesday (Jul 22), down 35 per cent…
Business
Chinese shipyards’ market share falls to 52% amid US port fees concerns, says Bimco
The market share of Chinese shipyards dropped by almost a third from January to June this year amid concerns about upcoming fees on…