Falls
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StarHub’s Q3 profit falls 35.3% to S$26.2 million
[SINGAPORE] StarHub posted a net profit of S$26.2 million for its third quarter ended Sep 30, down 35.3 per cent from S$40.4 million in the previous corresponding period. Net profit…
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Acrophyte Hospitality Trust 9-month net property income falls 13.9% to US$29.1 million
The drop is largely due to hotel dispositions and renovations, as well as increases in operating expenses [SINGAPORE] Acrophyte Hospitality Trust’s net property income (NPI) for the first nine months…
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F&N full-year profit falls 6.4% to S$141.3 million despite higher revenue in F&B segment
[SINGAPORE] Beverage and publishing company Fraser and Neave (F&N) on Wednesday (Nov 12) announced a 6.4 per cent fall in net profit to S$141.3 million for the financial year ended…
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Singdollar falls to its lowest against the ringgit this year; where will the Malaysian currency go next?
The currency hits a 13-month high against the greenback, year-to-date peak versus Singdollar [SINGAPORE] The Malaysian ringgit is on a roll this year. It has gained about 7 per cent…
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Ikea profit falls 26% to 1.7 billion euros as US tariffs fuel costs
Overall sales from the company’s stores across 63 markets around the world fall for a second year in a row [LONDON] Sweden’s Inter Ikea, which supplies furniture to Ikea stores…
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Commerzbank Q3 profit unexpectedly falls 8% as higher tax rates, costs weigh
[FRANKFURT] Germany’s Commerzbank, fending off a possible takeover by Italy’s UniCredit, reported an unexpected 7.9 per cent drop in third-quarter net profit on Thursday (Nov 6) as higher tax rates…
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Yangzijiang Shipbuilding falls 2.9% after BlackRock sells 37.8 million shares
[SINGAPORE] Shares of Yangzijiang Shipbuilding fell as much as 5 per cent on Wednesday (Nov 5) after asset manager BlackRock ceased to be a substantial shareholder. BlackRock sold about 37.8…
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Bitcoin falls below US$100,000 as risk-off mood weighs on crypto
[NEW YORK] Bitcoin has wiped out its summer rally, giving back gains made during Wall Street’s euphoric embrace and a surge in institutional buying. The original cryptocurrency fell as much…
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Astra International’s 9-month net income falls 6% to 24.7 trillion rupiah
[SINGAPORE] Indonesia conglomerate Astra International reported on Friday (Oct 31) that its net income for the nine months ended Sep 30 slid 6 per cent year on year to 24.7…
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Gold falls on stronger US dollar as investors trim rate-cut bets
The US central bank cut interest rates on Wednesday by a quarter of a percentage point for the second time this year [BENGALURU] Gold prices slipped on Monday (Nov 3),…
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Australia’s Lynas Rare Earths Q1 revenue jumps 66% but falls short of forecasts
Lynas is focusing on a build-out of a processing plant in Malaysia, to satisfy East Asian demand [MELBOURNE] First-quarter revenue at Australia’s Lynas Rare Earths rose by 66 per cent…
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CDL Hospitality Trusts Q3 NPI falls 5.6% to S$34.3 million
[SINGAPORE] Net property income (NPI) for CDL Hospitality Trusts (CDLHT) fell 5.6 per cent to S$34.3 million for the third quarter ended Sep 30, from S$36.3 million in the year-ago…
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Meta Stock Falls After Upbeat Quarter As AI Spending To Push Up 2026 Costs
Shares of Meta Platforms fell sharply in after-hours trading on Wednesday after the social media giant reported strong third-quarter results but warned that its expenses would rise substantially in 2026…
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Keppel Reit’s 9M distributable income falls 0.6% to S$159.6 million
[SINGAPORE] The manager of Keppel Real Estate Investment Trust (Reit) on Wednesday (Oct 29) posted a 0.6 per cent lower distributable income of S$159.6 million for the first nine months…
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First Reit’s 9-month distributable income falls 6.1% to S$34.8 million
Its DPU for period is S$0.0165, a 7.3% decline from same period in the prior year [SINGAPORE] The manager of First Real Estate Investment Trust (Reit) reported a 6.1 per…
