Falls
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US dollar falls slightly as Biden ends re-election bid
THE US dollar eased slightly against a basket of currencies on Monday (Jul 22) while dropping versus the yen as investors focused on US President Joe Biden’s decision to end…
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Hot stock: Yoma Strategic falls 8.8% after response to SGX queries about chairman in Myanmar junta custody
SGX has asked if Serge Pun’s presence in the capital and his meetings with authorities have any impact on Yoma’s financials, operations and businesses SHARES of Yoma Strategic fell 8.8…
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Hot stock: Yoma Strategic falls 8.8% after reply to SGX queries on chairman in Myanmar custody
SGX had asked if Serge Pun’s presence in the capital and his meetings with the authorities had any impact on Yoma’s financials, operations and businesses SHARES of Yoma Strategic fell…
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Cut-off yield on latest Singapore 6-month T-bill falls to 3.64%
THE cut-off yield on the latest Singapore six-month Treasury bill (T-bill) fell to 3.64 per cent, based on auction results released by the Monetary Authority of Singapore on Thursday (Jul…
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Nokia Q2 profit falls 32% on weak demand for telecom gear
FINNISH telecom equipment maker Nokia said on Thursday (Jul 18) that its operating profit fell 32 per cent in the second quarter, as demand for 5G telecom equipment remained weak.…
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Europe: Stoxx 600 falls for third straight session as tech drags
EUROPEAN shares closed lower for a third straight day on Wednesday (Jul 17), with chip stocks sliding as investors remained wary of potential US-China trade tensions, with a focus now…
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US: Wall Street falls as megacap tech, chip stocks lead sell-off
WALL Street tumbled at the open on Wednesday (Jul 17), with the Nasdaq slumping over 1 per cent as declines in major chip and tech stocks led broad-based losses amid…
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Japan keeps up warnings against sharp yen falls
JAPANESE authorities stand ready to take all possible measures in the currency market as excessively volatile moves are undesirable, Chief Cabinet Secretary Yoshimasa Hayashi said on Tuesday (Jul 16). “It…
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Dollar falls vs yen, global stock index up, with focus on rate cuts
THE US dollar fell sharply against the yen for the second straight day, raising questions as to whether Japan was intervening, while a global equities index rose on Friday (Jul…
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OCBC garners 93.52% of Great Eastern’s shares at offer close, falls short of compulsory acquisition threshold
Trading in its shares is now expected to be suspended, as the number of shares in public hands is below the 10% free float threshold OCBC and its concert parties…
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UK digital industry job growth falls to lowest in decade
The number of jobs in the sector grew by just 0.3% last year – the lowest since a decline of 0.1% in 2013 Job growth in the UK’s digital industry…
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Inflation Falls As Interest Rate Cuts Look More Promising
The latest economic data could result in long-awaited interest rate cuts after the Consumer Price Index (CPI) — a key factor in the Federal Reserve’s bid to lower inflation —…
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SGX securities turnover value falls in June as volumes dip 19%
THE turnover value of the securities market on the Singapore Exchange (SGX) shed 11 per cent to S$21.1 billion in June, from June 2023. This came as volumes fell 19…
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Crude falls as Hurricane Beryl fears fade
BRENT and US West Texas Intermediate (WTI) crude closed down on Tuesday as fears of supply disruptions caused by Hurricane Beryl faded throughout the day on Tuesday. Brent crude futures…