Business
Gold tumbles below US$5,000, dragging other metals lower
Gold prices tumbled by more than 7 per cent to break below the US$5,000 mark on Friday (Jan 30) as the US dollar strengthened on the…
Tag
Tumbles
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
US: Wall Street tumbles as tech selloff extends, rate cut hopes fade
Wall Street’s main indexes dipped on Friday (Nov 14), driven by a renewed sell-off in technology stocks, while hawkish commentary from…
Business
US: Wall Street tumbles as Nvidia slides, investors fret that Fed may slow rate cuts
WALL Street ended sharply lower on Thursday, with steep losses in Nvidia and other AI heavyweights, as investors scaled back expectations…
Business
SingPost tumbles 3.6% after announcing H1 profit drop
Shares of Singapore Post (SingPost) fell by as much as 3.6 per cent or S$0.015 to S$0.405 after the company announced its financial…
Business
UOB shares plunge as much as 4.6% after Q3 profit tumbles
Shares of UOB plunged as much as about 4.6 per cent on Thursday (Nov 6) after it reported a 72 per cent drop in net profit. The counter…
Business
UOB shares end 2.8% down after Q3 profit tumbles
Shares of UOB plunged as much as about 4.6 per cent on Thursday (Nov 6) after it reported a 72 per cent year-on-year decline in net profit…
Business
UOB Q3 net profit tumbles to S$443 million as it shores up pre-emptive general allowances
UOB’s net profit for the third quarter ended Sep 30, 2025, fell as the lender “pre-emptively set aside” additional allowances. Net profit…
Business
Yangzijiang Shipbuilding tumbles 5% after BlackRock sells 37.8 million shares
Shares of Yangzijiang Shipbuilding fell as much as 5 per cent on Wednesday (Nov 5) after asset manager BlackRock ceased to be a…
Business
US: Wall Street tumbles after big banks flag pullback risk
Wall Street’s main indexes tumbled on Tuesday (Nov 4) as investors questioned lofty tech valuations after the CEOs of top Wall Street…
Business
Cordlife tumbles 18% following notice of potential one-year suspension
The group says it is assessing the risks and uncertainties which could affect its ability to continue as a going concern Shares of…
Business
Wilmar maintains profit expectations; CEO scoops up S$2.7 million of shares as stock tumbles
Despite a verdict from the Indonesia Supreme Court requiring Wilmar International to pay five billion rupiah (S$387,047) worth of fines…
Business
SingPost Q1 operating profit tumbles 60% to S$3.4 million amid increased market pressure
Singapore Post’s (SingPost) group operating profit for the first quarter ended Jun 30 came in at S$3.4 million, a 60 per cent year-on-year…
Business
SingPost Q1 operating profit tumbles 60% to S$3.4 million amid falling revenue, margin squeeze
Singapore Post’s (SingPost) group operating profit for the first quarter ended Jun 30 came in at S$3.4 million, a 60 per cent year-on-year…
Business
New Zealand central bank cuts rates to three-year low, flags more easing; kiwi dollar tumbles
New Zealand’s central bank cut its policy rate by 25 basis points to a three-year low of 3 per cent on Wednesday (Aug 20), and flagged…
Business
New Zealand central bank cuts rates to three-year low, flags more easing; kiwi tumbles
New Zealand’s central bank cut its policy rate by 25 basis points to a three-year low of 3 per cent on Wednesday (Aug 20), and flagged…
Business
Q&M Dental H1 profit tumbles 60% to S$3.9 million
It declares an interim cash dividend of S$0.004 per share for the period, unchanged from the year before Q&M Dental’s net profit fell 60…
Business
PropNex tumbles 5.6% as investors take profit on news of record interim profit and dividend
The property group reports a 122.4% increase in net profit for the first half of 2025 Shares of property group PropNex tumbled minutes…
Business
Sembcorp H1 earnings flat at S$536 million on lower gas revenue; share price tumbles 14.7%
But the company raises its interim dividend to S$0.09 per share, from S$0.06 per share Sembcorp Industries saw earnings fall 1 per cent to…
News
Singapore Airlines tumbles 2.1% after Air India plane crash
SIA holds a 25.1% stake following a merger of its full-service airline Vistara with the Indian national carrier Shares of Singapore…
Business
US dollar tumbles as Trump’s EU tariff talk spurs investor flight
The US dollar dropped across the board on Friday (May 23), as investors dumped the currency after US President Donald Trump once again…
Business
Chanel profit tumbles as luxury industry downturn hits sales
Chanel profit plunged last year as the closely held company splurged on expanding its retail network and marketing to remain visible amid…
Business
Puma Sales Flat in Q1 as Operating Profit Tumbles
A challenging macro environment is taking its toll on Puma, where sales were flat in the first quarter and profits tumbled in the…