Business
PSA International FY2024 net profit falls 25.2% 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,…
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Falls
Business
Indonesian rupiah falls to lowest since Asian financial crisis
The central bank has repeatedly intervened in the markets this year, while the government implemented a rule forcing commodity exporters…
Business
UOL H2 net profit falls 60% in absence of one-time gain
PROPERTY player UOL Group posted a 60 per cent fall in net profit to S$227.8 million for the six months ended Dec 31, 2024. This was…
Business
Acrophyte Hospitality Trust’s H2 DPS falls 46.7% to US$0.01026
Revenue for the period declines 5.2% year on year to US$84.9 million from US$89.5 million previously ACROPHYTE Hospitality Trust’s…
Business
Nvidia’s solid earnings report falls short of blowout level
NVIDIA, the chipmaker at the centre of an artificial intelligence (AI) spending boom, gave solid quarterly results and a bullish revenue…
Business
Great Eastern Q4 profit falls 14% to S$134.8 million
GREAT Eastern on Tuesday (Feb 25) reported a net profit of S$134.8 million for the fourth quarter ended Dec 31, down 14 per cent from…
Business
Great Eastern Q4 profit falls 14% to S$134.8 million, reflecting medical insurance provisions
GREAT Eastern on Tuesday (Feb 25) pointed to provisions made for its medical insurance business as the primary reason its net profit fell…
Business
Rex International falls 19.5% to S$0.173 on heavy trading after profit warning
SHARES of oil exploration and production company Rex International fell on Friday (Feb 21) morning on heavy trading after the company said…
Business
Manulife US Reit to sell Plaza office building for US$40 million as H2 distributable income falls 57.6%
THE manager of Manulife US Real Estate Investment Trust (Reit) reported on Thursday (Feb 20) that its distributable income fell 57.6 per…
Business
Nasdaq-listed Grab’s Q4 profit falls to US$27 million, but beats analyst estimates
NASDAQ-LISTED Grab on Thursday (Feb 20) posted a net profit of US$27 million for the fourth quarter ended December, down from US$35…
Business
Applied Materials falls as export controls weigh on outlook
APPLIED Materials, the largest US maker of chip-manufacturing equipment, fell after issuing a lukewarm revenue forecast for the current…
Business
SGX falls 5.8% as initial MAS review group proposals dampen earlier optimism; Citi downgrades stock to ‘sell’
The counter could potentially give up much of its gains since unveiling its first-half results SHARES of Singapore Exchange (SGX) fell as…
Business
Civmec’s H1 FY2025 net profit falls 16.9% to A$26.5 million
CONSTRUCTION and engineering services provider Civmec posted a net profit of A$26.5 million for H1 FY2025, marking a 16.9 per cent decline…
Business
First Reit’s H2 DPU falls 6.5% to S$0.0116
HEALTHCARE real estate investment trust (Reit) First Reit posted a distribution per unit (DPU) of S$0.0116 for the second half of its 2024…
Business
Kering Group Revenue Falls 12% in Q4, CEO Sees ‘Stabilization’
PARIS – Kering posted better-than-expected sales in the fourth quarter despite the continued freefall of its star brand Gucci, and chief…
Business
Hutchison Port Holding Trust H2 DPU falls 6.5% to HK$0.072
Lower full-year distribution per unit at HK$0.122 comes despite FY2024 revenue and other income increasing 8.8% to HK$11.6 billion…
Business
CapitaLand China Trust’s H2 DPU falls 12% to S$0.0264
THE manager of CapitaLand China Trust (CLCT) on Thursday (Feb 6) posted a 12 per cent decline in distribution per unit (DPU) to S$0.0264…
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Flags, fists and falls: Africa's top shots
Flags, fists and falls: Africa's top shots Source link
Business
Keppel Reit H2 2024 DPU falls 3.4 per cent to S$0.028; manager confident of strong Singapore office demand
DPU fall comes despite a 13.6% increase in H2 FY2024 net property income to S$105.1 million THE manager of Keppel Real Estate Investment…
Business
Manulife US Reit to post FY2024 loss as its portfolio value falls 9.3%; divestment talks continue
THE portfolio value of Manulife US Real Estate Investment Trust (MUST) as at Dec 31, 2024 fell 9.3 per cent or US$116.6 million to US$1.1…
Business
Asian currency index falls to two-decade low on Fed, tariff bets
ASIAN currencies fell to a two-decade low, as the US dollar remains buoyed by robust US growth and president-elect Donald Trump’s…
Lifestyle
Clara Thomann: Six-Month Pregnant California Teacher Falls to Her Death While Hiking with Her Partner in Greece
A California school teacher, who was six months pregnant, died after falling while on a hiking trip in Greece. Clara Thomann, 33, was…
Business
SingPost falls by over 8% in early trade after 3 senior execs were fired
Shares of Singapore Post (SingPost) fell sharply on Monday (Dec 23) following the exit of three of the group’s top three executives. As at…
Business
US: Wall Street falls at open on concerns over rate outlook
WALL Street’s main indices dropped at the open on Friday (Dec 20) on fears over high interest rates next year, although a…