Gold falls on firmer dollar, US-China trade tension subside
Gold prices eased on Monday (Apr 28) as the thawing of trade tensions between the US and China provided some relief to investors, while a stronger US dollar further weighed on…
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Falls
Latest Singapore six-month T-bill cut-off yield falls to 2.38%
Demand shrinks with the auction receiving S$16.6 billion in applications for the S$7.4 billion on offer The cut-off yield for Singapore’s latest six-month Treasury bill (T-bill) fell to…
Mapletree Logistics Trust’s Q4 DPU falls 11.6%; manager warns trade tensions could weigh on performance
Lower revenue contribution from China and weak regional currencies crimped Mapletree Logistics Trust’s (MLT) earnings for its fourth quarter, with distribution per unit (DPU) falling 11.6…
Keppel Reit Q1 distributable income falls 3.5% to S$48.4 million
Keppel Reit reported on Wednesday (Apr 23) that its distributable income from operations fell 3.5 per cent to S$48.4 million on the year in Q1 2025, from S$50.2 million previously.…
Tesla profit falls in the wake of brand controversy and tariffs
Tesla is off to a bumpy start this year. The electric vehicle giant’s profit plunged 71% in the first quarter to $409 million as the company faced a flurry of setbacks, including looming…
US: Wall Street falls, Nvidia drops after new US chip export curbs
Wall Street fell on Wednesday (Apr 16), with the Nasdaq leading declines after Nvidia flagged steep charges from new US controls on chip exports to China, the latest flashpoint in…
Latest Singapore 1-year T-bill cut-off yield falls to 2.29%
The Republic’s latest one-year tranche of Treasury bills (T-bills) is offering a cut-off yield of 2.29 per cent, according to auction results released by the Monetary Authority of…
Rent the Runway Stock Falls 18 Percent as Company Maps Out Road Ahead
Rent the Runway Inc. — the designer fashion rental pioneer — just celebrated 15 years in business. And while cofounder, president and chief executive officer Jennifer Hyman told analysts…
Euro falls to more than 2-week low after Trump, Zelensky meeting
THE euro dropped on Friday (Feb 28), after a meeting between Ukrainian President Volodymyr Zelensky and US President Donald Trump went up in flames, dashing hopes any peace deal could be…
Q&M Dental’s H2 net profit falls 22% to S$4.8 million on lab licence expiry
MAINBOARD-LISTED Q&M Dental Group’s net profit for the second half ended Dec 31, 2024, fell 22 per cent to S$4.8 million, from S$6.2 million in the corresponding year-ago period. This was…
Olam H2 profit falls 83.4% to S$38.4 million; pares proposed dividend to S$0.03 per share
Company blames earnings slide on higher net finance costs, exceptional losses in a ‘tough year for the industry’ AGRIBUSINESS giant Olam Group on Friday (Feb 28) reported a net profit of…
UOL H2 net profit falls 60% in absence of one-time gain
PROPERTY player UOL Group posted a 60 per cent fall in net profit to S$227.8 million for the six months ended Dec 31, 2024. This was mainly due to the absence of a one-time gain from the…
Acrophyte Hospitality Trust’s H2 DPS falls 46.7% to US$0.01026
ACROPHYTE Hospitality Trust’s distribution per stapled security (DPS) for the half year ended December 2024 was down 55.9 per cent at US$0.00848, from US$0.01929 in H2 FY2023. The…
Nissan prepares to replace CEO after Honda deal falls apart
NISSAN Motor is drawing up plans to replace its chief executive officer following another dismal set of earnings and the collapse of talks to combine with Honda Motor, according to sources…
Rex International falls 19.5% to S$0.173 on heavy trading after profit warning
SHARES of oil exploration and production company Rex International fell on Friday (Feb 21) morning on heavy trading after the company said it was expecting to post a net loss in its…
Walmart stock price falls on disappointing forecast, but the retail giant is not worried about tariffs
Walmart shares fell early trading on Thursday after it posted its fourth-quarter earnings results. Despite an increase in sales, the retail giant said it expected profit growth to slow…
Nasdaq-listed Grab’s Q4 profit falls to US$27 million, but beats analyst estimates
NASDAQ-LISTED Grab on Thursday (Feb 20) posted a net profit of US$27 million for the fourth quarter ended December, down from US$35 million in the previous corresponding period. The…
Trump's Wrath Falls on Associated Press as President Indefinitely Bans Wire Service from White House for Refusing to Accept Gulf of America
The Donald Trump administration on Friday imposed an indefinite ban on the Associated Press from the White House due to the wire service's refusal to change its AP style guide to rename…
SGX falls 6% as initial MAS review group proposals dampen earlier optimism; Citi downgrades to ‘sell’
The counter could potentially give up much of its gains since unveiling its first-half results CITI Research downgraded its call on the Singapore Exchange (SGX) to “sell” on Friday (Feb…
Civmec’s H1 FY2025 net profit falls 16.9% to A$26.5m
CONSTRUCTION and engineering services provider Civmec posted a net profit of A$26.5 million for the H1 FY2025, marking a 16.9 per cent decline from A$31.9 million in the year-ago period.…
Civmec’s H1 FY2025 net profit falls 16.9% to A$26.5 million
CONSTRUCTION and engineering services provider Civmec posted a net profit of A$26.5 million for H1 FY2025, marking a 16.9 per cent decline from A$31.9 million in the year-ago period. The…
Asia: Stocks rise, oil falls as Trump fans Ukraine peace hopes
ASIAN markets mostly rose on Thursday (Feb 13) and oil prices extended losses as forecast-topping US inflation was overshadowed by hopes for an end to the Ukraine war after news Donald…
First Reit’s H2 DPU falls 6.5% to S$0.0116
HEALTHCARE real estate investment trust (Reit) First Reit posted a distribution per unit (DPU) of S$0.0116 for the second half of its 2024 fiscal year – a 6.5 per cent decrease from…
Kering Group Revenue Falls 12% in Q4, CEO Sees ‘Stabilization’
PARIS – Kering posted better-than-expected sales in the fourth quarter despite the continued freefall of its star brand Gucci, and chief executive officer François-Henri Pinault believes…