Falls
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CPF Special, MediSave and Retirement Accounts’ interest rate falls to 4% for Q1 2025
THE interest rate for the Central Provident Fund’s (CPF) Special, MediSave and Retirement Accounts (SMRA) will fall to the floor rate of 4 per cent per annum for the first…
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Singapore shares open lower at Friday’s open; STI falls 0.4%
SINGAPORE shares opened in the red on Friday (Dec 6) , mirroring declines in the broader Asian region. The benchmark Straits Times Index (STI) fell 14.78 points, or 0.4 per…
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Singapore shares open lower on Friday; STI falls 0.4%
SINGAPORE shares opened in the red on Friday (Dec 6) , mirroring declines in the broader Asian region. The benchmark Straits Times Index (STI) fell 14.78 points, or 0.4 per…
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China’s yuan falls to one-year low on weak growth, tariff risk
THE yuan fell to the lowest level in about a year versus the greenback, as traders added bearish wagers on lacklustre China growth amid risks of higher US tariffs. The…
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Marco Polo Marine H2 net profit falls 41.5% to S$10.7 million on lower revenue
MARCO Polo Marine posted a lower net profit of S$10.7 million for the second half of its financial year ended Sep 30, 2024, down 41.5 per cent from S$18.3 million…
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Euro falls against strengthening US dollar amid French political uncertainty
THE euro fell on Monday (Dec 2) versus a strengthening US dollar on growing concerns about a possible government collapse in France, which would stall plans to curb a burgeoning…
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Nissan falls on report of further production cuts, tariff threat
NISSAN Motor shares fell on Tuesday (Nov 26) after reports the struggling automaker plans to cut production in the US, and President-elect Donald Trump touted plans to impose tariffs on…
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Gold falls further on stronger US dollar, easing geopolitical tensions
GOLD prices fell on Tuesday (Nov 26) to their lowest in more than a week, weighed down by a stronger US dollar and reports of a potential Israel-Hezbollah ceasefire that…
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Oil falls US$2 on possible Middle East peace deal
OIL prices fell more US$2 on Monday (Nov 25) after multiple reports that Israel and Lebanon had agreed to the terms of a deal to end the Israel-Hizbollah conflict, citing…
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STI falls despite Asia gains and RHB upgrading Singapore banking stocks
SINGAPORE stocks closed lower on Monday (Nov 25), even as most regional markets ended in positive territory. The benchmark Straits Times Index (STI) shed some earlier gains, slipping 0.4 per…
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China’s Baidu says advertisers still subdued as revenue falls 3%
CHINA’S Baidu on Thursday (Nov 21) said it had not yet seen any notable improvement in advertising spending patterns or consumer spending despite recent government stimulus efforts, as it reported…
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Asia: Markets mixed as Nvidia falls short of hopes, eyes on Trump
ASIAN markets were mixed on Thursday (Nov 21) as another blockbuster earnings from chip titan Nvidia smashed forecasts but still left investors disappointed, while sentiment was also being swayed by…
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Asian Markets Mixed As Nvidia Falls Short Of Hopes, Eyes On Trump
Asian markets were mixed Thursday as another blockbuster earnings from chip titan Nvidia smashed forecasts but still left investors disappointed, while sentiment was also being swayed by geopolitical concerns. Bitcoin…
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CSE Global reports higher revenue for Q3 2024, but order intake falls
The electrification segment has fallen the most, due to the absence of several major projects secured CSE Global reported a 15.4 per cent increase in Q3 2024 revenue to S$213.9…
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Prime US Reit Q3 distributable income falls to US$8.5 million
PRIME US Reit’s distributable income for the third quarter ended Sep 30, fell to US$8.5 million from US$14.7 million the year before, said its manager on Thursday (Nov 14) in…