Business
Oil prices slide 2% to two-week low on talk of progress in US-Iran talks
Investors are closely watching US-Iran relations as any escalation or conflict could lead to Iran closing the Strait of Hormuz Oil prices…
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Business
Amazon shares slide as US$200 billion outlay fans fears over AI returns
Big tech’s massive AI spending hike surprises analysts, raising doubts over whether returns can keep pace Amazon.com shares slid 9 per…
Business
Sony lifts earnings targets after strong quarter, but PlayStation 5 sales slide
The Japanese conglomerate has, over the years, made a successful pivot from household electronics to entertainment Japan’s Sony on…
Business
Nintendo shares slide 10% as momentum fears grow
Nintendo shares slid 10 per cent on Wednesday as investors fretted about momentum for its flagship Switch 2 gaming device. The Kyoto-based…
Business
Bitcoin slide below US$85,000 leads to US$1 billion in liquidations
The digital currency is down more than 30 per cent from an all-time high on Oct 6 OIN can’t catch a break these days. First, traders were…
Business
Asian equities hold ground as Japan bond jitters ease, after Wall Street slide
Spillover from Japan’s debt market moves appear limited as regional investors turn to policy signals from Davos Asian equity markets…
Business
Netflix slightly beats revenue estimates in holiday quarter; shares slide amid bidding war for Warner Bros
Netflix squeaked past Wall Street’s revenue estimates for its holiday quarter on Tuesday, as the streaming giant remains locked in a…
Business
Netflix slightly beats revenue estimates, shares slide amid bidding war for Warner Bros
— Netflix beat Wall Street’s revenue and earnings estimates for its holiday quarter on Tuesday (Jan 21) but its shares tumbled more than 4…
Business
Gold, silver slide on profit-booking, US dollar strength
Gold and silver slid on Wednesday (Jan 7) as investors booked profits after a recent rally, while a stronger US dollar weighed on…
Business
US dollar slide sharpens case for Singapore stocks, says OCBC equities research head
Reits stand out as they offer good dividend yields with a cushion of at least 5 to 6% Foreign investors seeking to diversify away from US…
News
Butter, milk and cheese prices slide as ‘stunning’ production floods global markets
Butter, milk and cheese prices are falling as a surge in global milk production floods the market, prompting warnings of a looming period…
Business
S&P 500 extends rally after CME glitch, reversing monthly slide
Markets are continuing to bet that the central bank will cut its benchmark next month US stocks notched a fifth-straight day of gains, as…
Business
SoftBank’s 40% slide since October underscores mounting worry over its giant OpenAI bet
Japanese tech investor leads AI selloff amid concerns over new pressure on OpenAI after Gemini 3.0 debut Growing unease over frothy…
Business
European shares log a weekly decline, defence stocks slide
European shares slid on Friday (Nov 21) and registered a weekly decline as concerns over stretched tech valuations came to the fore again,…
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
Singapore shares slide amid tech bubble jitters; STI down 0.1%
Singtel is the index’s biggest gainer, while Yangzijiang Shipbuilding drops the most Local shares ended Wednesday (Nov 5) lower, on the…
Business
Jardine C&C’s Astra posts 9-month net income slide of 6% to 24.7 trillion rupiah
Indonesia conglomerate Astra International reported on Friday (Oct 31) that its net income for the nine months ended Sep 30 slid 6 per…
Business
Europe: Trump's fresh tariff threats knock Europe stocks to weekly loss in last-minute slide
European shares tanked on Friday (Oct 10), erasing weekly gains in a last-minute slide as renewed trade war fears sparked by fresh threats…
Business
Euro, yen slide for third straight day versus US dollar
The euro and the yen were headed for a third straight daily loss against the US dollar, pressured by political turmoil in France and…
Business
Yen, euro extend slide against US dollar as politics calls the shots
Political developments drove currency markets again on Tuesday (Oct 7) with the yen falling to a two-month low after Sanae Takaichi’s…
Business
Boeing 777X to slide into 2027, driving billions in charges
The jet, already six years late, is of major strategic and financial importance to the company in its duel with Airbus for a bigger slice…
Business
Asia: Markets slide as traders prepare for key US data
STOCKS moved narrowly on Thursday as traders continue to pull back from the buying that has propelled markets to record highs in recent…
Business
STI continues slide on Friday, falls 0.2%
Across the broader market, advancers outnumber decliners 295 to 262 after 2.6 billion shares worth S$3.3 billion change hands Singapore…
Business
STI continues to slide on Wednesday, down 0.3%
Across the broader market, decliners outnumber advancers 286 to 285 after 2.3 billion shares worth S$1.4 billion change hands The Straits…