Falls
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Singapore shares end Friday in the red; STI falls 0.5%
SINGAPORE stocks closed lower on Friday (Apr 5), tracking falls in most regional markets. The benchmark Straits Times Index retreated 0.5 per cent or 16.75 points to 3,218.26. Across the…
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US: Stocks little changed after mixed data as Disney falls
WALL Street stocks finished a choppy session little changed on Wednesday (Apr 3) following mixed economic data while Disney retreated after winning a high-profile proxy fight. Data from payroll firm…
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US: Wall St falls at open as private payrolls beat estimates
WALL Street’s main indexes opened lower on Wednesday (Apr 3), as strong private payrolls data fanned fears of fewer-than-expected interest rate cuts by the Federal Reserve this year. The Dow…
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Eurozone Inflation Falls Faster Than Expected In March
The eurozone’s annual rate of inflation dipped further than predicted in March, official data showed Wednesday, spurring hope that the European Central Bank will cut interest rates in June. Consumer…
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US: Wall St falls at open as health insurers, Tesla weigh
WALL Street’s main indexes opened lower on Tuesday (Apr 2), hurt by sharp losses in health insurers and Tesla, while investors awaited comments from Federal Reserve officials and more economic…
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Iron ore falls for fourth session on China property woes
IRON ore futures fell on Friday (Mar 29) for a fourth straight session, as concerns over China’s property sector weighed on demand and port inventories rose. The most-traded September iron…
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China Life profit falls as market rout hurts investments
CHINA Life Insurance, the nation’s largest life insurer, said profit fell 31 per cent last year as a stock market rout and lower bond yields hurt investment returns. Net income…
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Second Chance Properties H1 profit falls 52.8% to S$4.3 million
SECOND Chance Properties posted a 52.8 per cent fall in its net profit to S$4.3 million for its first half ended Feb 29, 2024, from S$9.2 million a year earlier. …
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Sinopec 2023 profit falls 13% on oil prices, refining record
SINOPEC’S annual profits declined 13 per cent, after oil prices fell and Chinese refiners posted a record year for processing and imports. China’s largest fuel processor, officially known as China…
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Singapore shares little changed; STI falls 0.07%
THE rally fuelled by the US Federal Reserve’s commitment to cut rates did not carry over from Thursday (Mar 21), causing Singapore shares to close little changed on Friday despite…
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Lululemon falls on cautious outlook, challenges in US market
LULULEMON Athletica offered a sales outlook for the first quarter and full year that fell short of Wall Street’s expectations, driving shares down in extended trading. The company sees net…
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China’s Ping An Insurance 2023 net profit falls 22.8%
PING An Insurance (Group) of China’s net profit fell 22.8 per cent year on year in 2023, the insurance giant said on Thursday (Mar 21), hit by a slowdown in…
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Yen falls to lowest since 2008 against euro as BOJ path seen gradual
THE yen fell to the weakest level since 2008 against the euro on speculation the Bank of Japan (BOJ) will keep its monetary policy accommodative even after it ended the…
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Yen falls in defiance of historic BOJ shift
THE yen tumbled on Tuesday (Mar 19) after the Bank of Japan (BOJ) made a momentous, but widely anticipated, decision to end its negative-interest-rate policy, while the US dollar rose…
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Hot stock: Seatrium falls as much as 11.2% amid heavy trading
SHARES of mainboard-listed Seatrium lost as much as 11.2 per cent on Monday (Mar 18), extending two days of losses. The counter reached a low of S$0.079 at 3.57 pm,…