Falls - International Business Weekly

Singapore Institute of Advanced Medicine falls 17.4% below IPO price in Catalist debut

SHARES of cancer-treatment provider Singapore Institute of Advanced Medicine (SAM) closed below their initial public offering (IPO) price at the company’s Catalist debut on Friday (Feb 16). The counter opened…

Hot stock: Keppel Pacific Oak US Reit falls more than 30% to all-time low on distribution suspension

UNITS of Keppel Pacific Oak US Reit (Kore) were trading down 34.8 per cent at Thursday’s (Feb 15) open, following its announcement on distribution suspension. As at 9.11 am, its…

Oil falls by more than US$1 a barrel on US crude build, security threat worries

OIL futures sank by US$1 a barrel on Wednesday (Feb 14) as surging United States crude inventories pushed down prices and a possible security threat to the US that might…

Zee Entertainment Q3 revenue falls on weak advertising demand

INDIA’S Zee Entertainment reported a lower third-quarter revenue on Tuesday (Feb 13) due to weak advertising demand and the broadcaster said it expects certain costs related to its failed merger…

Hot stock: Rex International falls 10% on heavy volumes after profit guidance

SHARES of Rex International dropped 10 per cent on heavy trading on Wednesday (Feb 14), after the group warned of net loss for FY2023. As at 10.02 am, the counter…

Dow Falls 600 Points As Inflation Data Sparks Concerns, Tech Shares Lead Losses

On Tuesday, the stock market encountered a significant downturn following the release of inflation data for January, which exceeded economists’ expectations and triggered fears about the Federal Reserve’s ability to…

January CPI Higher Than Expected But Falls To 3.1% For The Year

The first inflation report of 2024 was released Tuesday with mixed results for the U.S. economy. The Consumer Price Index (CPI), a key measure of inflation, increased slightly more than…

Super Bowl 2024: Usher Almost Trips and Falls Over in Roller Skates on Stage as Major Technical Malfunction Leaves Fans Furious [WATCH]

Usher headlined the Super Bowl LVIII halftime show at Allegiant Stadium in Las Vegas on Sunday, where the Kansas City Chiefs faced the San Francisco 49ers. The 45-year-old R&B artist…

Oil falls after weekly gain as Iran signals Gaza talks progress

OIL declined following last week’s advance after Iran’s foreign minister flagged the Israel-Hamas conflict could be moving closer to a diplomatic solution. Trading remained muted with many Asia markets closed…

Greenback picks up steam; yen falls past 149 per US dollar

THE US dollar rose on Thursday (Feb 8) but held below a 12-week high reached earlier in the week, as traders digested comments from policymakers in the previous session that…

Thai central bank ready to cut rates if private consumption falls sharply

THE Bank of Thailand (BOT) is ready to cut rates if consumption falls sharply, a senior official said on Thursday (Feb 8), a day after it kept monetary policy unchanged…

Manulife US Reit H2 loss narrows; distributable income falls 13.3%

LIKE in the previous half-year period, no distribution was declared for Manulife US Real Estate Investment Trust’s (Manulife US Reit) second half ended December 2023, as the Reit manager will…

Manulife US Reit H2 distributable income falls 13.3%

MANULIFE US Real Estate Investment Trust (MUST) reported on Thursday (Feb 8) a 13.3 per cent decline in distributable income for the second half of FY2023, despite higher gross revenue…

Ant Group quarterly profit falls 92% on year to 24.5 million yuan

China’s Ant Group made net profit of 24.5 million yuan (S$4.6 million) in the three months to Sep 31, down 92 per cent from a year earlier, according to Reuters…

Border Crossings Between US And Canada at Niagara Falls Closed After Explosion

Trudeau updated the Canadian Parliament on the incident AFP Canadian Prime Minister Justin Trudeau said that all four border crossings to the U.S. near Niagara Falls are closed after a…