Business
Singapore shares buck regional trend to close lower; STI falls 0.4%
Local stocks fell for the second straight day on Wednesday (Jun 11), bucking the gains in most Asian markets as investors are concerned…
Tag
Falls
Business
Gold falls on strong US jobs data and improved trade outlook
Gold prices fell on Monday (Jun 9) as a stronger-than-expected US jobs report cooled expectations of interest rate cuts from the Federal…
Business
IHH Healthcare Q1 profit falls 33% to RM514 million on exceptional items
Integrated healthcare operator IHH Healthcare on Thursday (May 29) posted a 33 per cent fall in net profit to RM514 million (S$156.3…
Business
The Hour Glass H2 profit falls 6% to S$74.4 million on increased operating expenses
The Hour Glass has reported a 6 per cent drop in net profit to S$74.4 million in the six months ended March 2025, from S$79.5 million in…
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Estee Lauder, L’Oreal suffer as China’s duty-free spending falls
UNABLE to travel overseas during the Covid-19 pandemic, Chinese consumers sparked a shopping boom in the southernmost province of Hainan,…
Business
Yoma Strategic’s H2 profit falls 12.4% to US$18.3 million
Yoma Strategic Holdings posted a 12.4 per cent decline in net profit for the second half-year ended Mar 31 to US$18.3 million, from…
Business
US: S&P 500 falls after six straight positive sessions
Wall Street stocks retreated on Tuesday (May 20) as markets tracked congressional debate on US President Donald Trump’s tax cut proposal…
Business
DFI Retail Group’s Q1 underlying profit falls 18% on sale of Chinese supermarket
DFI Retail Group’s underlying profit for Q1 2025 fell 18 per cent compared with the same period a year ago, due to the divestment of…
Business
Manulife US Reit portfolio occupancy falls to 69.9% for Q1
Manulife US Real Estate Investment Trust (MUST) posted a portfolio occupancy of 69.9 per cent on Thursday (May 15) for its first quarter…
Business
Hong Kong dollar interest rate falls most since 2008 after intervention
The Hong Kong dollar’s funding costs plunged the most since 2008, as the monetary authority’s intervention to defend the currency peg…
Business
CapitaLand Investment total revenue falls 24% to S$496 million in Q1
CapitaLand Investment (CLI) reported a total revenue of S$496 million for the first quarter ended Mar 31, down 24 per cent from S$650…
Business
Far East Hospitality Trust Q1 net property income falls 8.3% to S$23 million
Far East Hospitality Trust’s (FEHT) net property income fell 8.3 per cent year on year to S$23 million for the first quarter ended March,…
Business
Gold falls on easing trade war concerns; US data awaited
Gold prices fell on Tuesday (Apr 29) as easing trade tensions between the US and its trading partners dented the metal’s safe-haven…
Business
Stoneweg European Reit Q1 DPU falls 3.7% to 3.374 euro cents
The distribution per unit (DPU) of Stoneweg European Real Estate Investment Trust (SERT) declined 3.7 per cent to 3.374 euro cents for the…
Business
Singapore Savings Bond demand falls short by over S$200 million; 10-year return down at 2.69%
The latest tranche offers a first-year interest rate of 2.49%, declining from 2.73% in April’s issuance The latest Singapore Savings Bond…
Business
Mapletree Logistics Trust’s Q4 DPU falls 11.6%; manager warns trade tensions could weigh on performance
Lower revenue contribution from China and weak regional currencies crimped Mapletree Logistics Trust’s (MLT) earnings for its fourth…
Business
Keppel Reit Q1 distributable income falls 3.5% to S$48.4 million
Keppel Reit reported on Wednesday (Apr 23) that its distributable income from operations fell 3.5 per cent to S$48.4 million on the year…
Business
Tesla profit falls in the wake of brand controversy and tariffs
Tesla is off to a bumpy start this year. The electric vehicle giant’s profit plunged 71% in the first quarter to $409 million as the…
Business
US: Wall Street falls, Nvidia drops after new US chip export curbs
Wall Street fell on Wednesday (Apr 16), with the Nasdaq leading declines after Nvidia flagged steep charges from new US controls on chip…
Business
Rent the Runway Stock Falls 18 Percent as Company Maps Out Road Ahead
Rent the Runway Inc. — the designer fashion rental pioneer — just celebrated 15 years in business. And while cofounder, president and…
Business
Greenback falls as prospect of tariff talks calms global markets
THE US dollar fell on Tuesday (Apr 8) while the euro perked up as stocks bounced in Asia and Europe on hopes that US President Donald…
Business
YZJ Financial falls 10% after announcement of divestment of entire treasury shareholding
Shares of Yangzijiang Financial, the financial arm of Yangzijiang shipbuilding, fell 10 per cent after the company on Sunday (Mar 30) said…
Business
YZJ Financial falls 10% on placement of treasury shares at S$0.72 each
Shares of Yangzijiang Financial, the financial arm of Yangzijiang shipbuilding, fell 10 per cent after the company on Sunday (Mar 30) said…
Business
PSA International FY2024 net profit falls 25% to S$1.1 billion on higher costs, inflation
Temasek-owned port operator PSA International on Friday (Mar 28) reported a 25.2 per cent drop in net profit to S$1.1 billion in 2024,…