Business
US stocks: Wall Street sinks as tech rout deepens on AI angst
Street indexes fell sharply, with the Nasdaq slumping 2 per cent, as investors intensified their selloff of technology shares and fled…
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Rout
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Wall Street rebounds after week-long tech rout, Amazon down on AI capex jump
Wall Street’s main indexes opened higher on Friday (Feb 6) following a bruising sell-off in technology shares through the week, though…
Business
Gold, silver extend losses on global tech rout, firmer dollar
Investors expect at least two 25-basis-point rate cuts in 2026, with the first one expected in June Gold and silver extended losses on…
Business
Singapore, Asia markets bleed as Wall Street rout deepens; YZJ Shipbuilding sinks 5.6%
Shipbuilder’s shares likely affected by a drop in Maersk earnings, potential layoffs Asian markets took a beating at their open on Friday…
Business
Singapore, Asia markets mostly down at midday after Wall Street rout; YZJ Shipbuilding sinks 5.6%
Shipbuilder’s shares likely affected by a drop in Maersk earnings, potential layoffs Asian markets took a beating at their open on Friday…
Business
Singapore, Asia markets mostly down after Wall Street tech rout
Asian markets largely ended the week in the red on Friday (Feb 6), taking the cue from the US markets on Thursday where tech stocks and…
Business
European shares little changed as software rout counters relief rally in miners
PE’S benchmark share index nudged up to another record close on Tuesday (Feb 4) as a sharp selloff in software and advertising companies…
Business
Wall Street opens lower as commodity rout rattles markets
Wall Street’s main indexes opened lower on Monday (Feb 2), as a violent sell-off in precious metals unsettled investors at the start of a…
Business
Singaporeans queueing up to buy the dip in gold despite rout
At UOB’s headquarters, Singapore’s only bank selling physical gold, buyers crowd a lounge for bullion trades People were still queueing up…
Business
Singapore stocks slip on Monday as precious metals rout deepens; STI down 0.3%
Singapore stocks ended lower on Monday (Feb 2), tracking regional peers amid a sharp sell-off in precious metals that extended from the…
Business
Indonesian stocks fall after last week’s dramatic shake-up, US$80 billion rout
Indonesian stocks slid on Monday after a tumultuous week during which a warning from MSCI over transparency concerns triggered an US$80…
Business
Indonesian stocks fall 6% after last week’s dramatic shake-up, US$80 billion rout
— Indonesian stocks slid on Monday (Feb 2), weighed down by a sell-off in commodities, after a tumultuous week during which a warning from…
Business
Indonesian stocks fall 5% after last week’s dramatic shake-up, US$80 billion rout
— Indonesian stocks slid on Monday (Feb 2), weighed down by a sell-off in commodities, after a tumultuous week during which a warning from…
Business
Danantara to continue investing in Indonesian stocks after rout
Many of the country’s largest companies are thinly traded and controlled by a small number of wealthy individuals Indonesia’s Danantara…
Business
Wall Street opens higher after rout, Trump speech in focus
stocks staged a modest recovery on Wednesday (Jan 21) after the sharpest equities sell-off in three months, as investors digested…
Business
Pop Mart’s 40% stock rout shows growing worry over Labubu crash
Concerns remain whether Labubu is a durable long-term character or a fashion trend LABUBU mania appears to be ebbing as quickly as it…
Business
Asia tech rout resumes as stocks slide on AI valuation fears
ASIA’S tech-heavy markets slumped as sell-offs in sector leaders resumed on mounting concerns over stretched artificial intelligence…
Business
STI tumbles 1% amid rout in Asia markets; Nikkei, Hang Seng falls more than 2%
Singapore stocks fell on Friday (Nov 21), mirroring a wider regional rout as markets tumbled earlier this week on fears of an artificial…
Business
STI tumbles 1% amid rout in Asia markets; Nikkei, Hang Seng fall more than 2%
Singapore stocks fell on Friday (Nov 21), mirroring a wider regional rout after markets tumbled earlier this week on fears of an…
Business
STI slides 1% amid rout in Asia markets; Nikkei, Hang Seng tumble more than 2%
Singapore stocks fell on Friday (Nov 21), triggered by declining expectations of a rate cut. This follows a wider regional rout after…
Business
Asia: Tech firms lead Asian stock rout as AI bubble fears linger
The Japanese currency has fallen this week to its lowest level against the US dollar since January Tech firms led more steep losses across…
Business
Bitcoin is on the verge of erasing year’s gain as rout deepens
Bitcoin fell below US$95,000 for the first time in about six months as a bout of risk aversion sweeping across markets saw investors pull…
Business
Thailand’s longer tenor bonds beckon global funds after rout
Investors still expect the BOT to cut rates even as the government recently upgraded the nation’s growth forecast Thailand’s longer tenor…
Business
Hang Seng plummets 2%, STI drops 1% in Asia market rout on fresh US-China tariff flare-up
Trump tariff moves following China rare-earths export controls ripple through markets Selling hit Asia-Pacific markets on Monday (Oct 13)…