Hutchison Port Holding Trust H2 DPU falls 6.5% to HK$0.072
Lower full-year distribution per unit at HK$0.122 comes despite FY2024 revenue and other income increasing 8.8% to HK$11.6 billion HUTCHISON Port Holding Trust (HPH Trust) posted a…
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Falls
CapitaLand China Trust’s H2 DPU falls 12% to S$0.0264
THE manager of CapitaLand China Trust (CLCT) on Thursday (Feb 6) posted a 12 per cent decline in distribution per unit (DPU) to S$0.0264 for the second half ended Dec 31, from S$0.03 in…
MPACT Q3 DPU falls 9.1% to S$0.02 amid global headwinds
MAPLETREE Pan Asia Commercial Trust’s (MPACT) distribution per unit (DPU) fell 9.1 per cent to S$0.02 for its third quarter ended Dec 31, 2024, from S$0.022 in the year-ago period. Revenue…
Manulife US Reit to post FY2024 loss as its portfolio value falls 9.3%; divestment talks continue
THE portfolio value of Manulife US Real Estate Investment Trust (MUST) as at Dec 31, 2024 fell 9.3 per cent or US$116.6 million to US$1.1 billion. The decline was driven by higher discount…
Asian currency index falls to two-decade low on Fed, tariff bets
ASIAN currencies fell to a two-decade low, as the US dollar remains buoyed by robust US growth and president-elect Donald Trump’s tariff-hike vows. The Bloomberg Asia Dollar Index slipped…
Clara Thomann: Six-Month Pregnant California Teacher Falls to Her Death While Hiking with Her Partner in Greece
A California school teacher, who was six months pregnant, died after falling while on a hiking trip in Greece. Clara Thomann, 33, was exploring Plakias, Crete, with her partner, Elliott…
SingPost falls by over 8% in early trade after 3 senior execs were fired
Shares of Singapore Post (SingPost) fell sharply on Monday (Dec 23) following the exit of three of the group’s top three executives. As at 9.04 am, the counter dipped 8 per cent or S$0.045…
US: Wall Street falls at open on concerns over rate outlook
WALL Street’s main indices dropped at the open on Friday (Dec 20) on fears over high interest rates next year, although a cooler-than-expected inflation report for November stymied losses.…
Singapore shares open lower on Friday; STI falls 0.4%
SINGAPORE shares opened in the red on Friday (Dec 6) , mirroring declines in the broader Asian region. The benchmark Straits Times Index (STI) fell 14.78 points, or 0.4 per cent, to…
China’s yuan falls to one-year low on weak growth, tariff risk
THE yuan fell to the lowest level in about a year versus the greenback, as traders added bearish wagers on lacklustre China growth amid risks of higher US tariffs. The onshore yuan fell as…
Gold falls further on stronger US dollar, easing geopolitical tensions
GOLD prices fell on Tuesday (Nov 26) to their lowest in more than a week, weighed down by a stronger US dollar and reports of a potential Israel-Hezbollah ceasefire that dampened…
Oil falls US$2 on possible Middle East peace deal
OIL prices fell more US$2 on Monday (Nov 25) after multiple reports that Israel and Lebanon had agreed to the terms of a deal to end the Israel-Hizbollah conflict, citing unnamed senior US…
STI falls despite Asia gains and RHB upgrading Singapore banking stocks
SINGAPORE stocks closed lower on Monday (Nov 25), even as most regional markets ended in positive territory. The benchmark Straits Times Index (STI) shed some earlier gains, slipping 0.4…
China’s Baidu says advertisers still subdued as revenue falls 3%
CHINA’S Baidu on Thursday (Nov 21) said it had not yet seen any notable improvement in advertising spending patterns or consumer spending despite recent government stimulus efforts, as it…
Asia: Markets mixed as Nvidia falls short of hopes, eyes on Trump
ASIAN markets were mixed on Thursday (Nov 21) as another blockbuster earnings from chip titan Nvidia smashed forecasts but still left investors disappointed, while sentiment was also being…
CSE Global reports higher revenue for Q3 2024, but order intake falls
The electrification segment has fallen the most, due to the absence of several major projects secured CSE Global reported a 15.4 per cent increase in Q3 2024 revenue to S$213.9 million…
Prime US Reit Q3 distributable income falls to US$8.5 million
PRIME US Reit’s distributable income for the third quarter ended Sep 30, fell to US$8.5 million from US$14.7 million the year before, said its manager on Thursday (Nov 14) in a business…
Emperador Q3 net profit falls 52.2% to 981 million pesos
PHILIPPINE liquor giant Emperador’s net profit for the third quarter ended September fell 52.2 per cent to 981 million pesos (S$22.4 million), from 2.1 billion pesos in the previous…
Bumitama Agri’s Q3 net profit falls 31.6% to 597.9 billion rupiah
BUMITAMA Agri reported a net profit of 597.9 billion rupiah (S$51 million) for the third quarter ended Sep 30, down 31.6 per cent the year prior. Revenue for Q3 FY2024 fell 7.6 per cent to…
Singtel’s H1 profit falls 42.4% to S$1.23 billion in absence of exceptional gain
SINGTEL’S net profit for the first half ended September fell 42.4 per cent year on year to S$1.23 billion from S$2.14 billion. This was in the absence of a S$1.2 billion exceptional gain…
Singtel’s interim dividend up 35%, H1 profit falls 42.4% to S$1.23 billion in absence of exceptional gain
Soft enterprise demand is expected to improve in the coming months, and data centre customers are paying reservation fees to secure limited capacity SINGTEL’S net profit for the first half…
Asian Pay TV Trust’s Q3 net profit falls 36.5% to S$6.5 million
ASIAN Pay Television Trust’s (APTT) net profit for the third quarter ended September 2024 fell 36.4 per cent to S$6.5 million from S$10.2 million in Q3 FY2023. This was mainly due to lower…
United Hampshire US Reit Q3 distributable income falls 14.6% to US$6 million
UNITED Hampshire US Reit’s distributable income for the third quarter ended Sep 30 declined 14.6 per cent to US$6 million, from US$7.1 million in the previous corresponding period. The…
Gold falls as Trump’s decisive election win drives up US dollar
Bullion tumbled as much as 1.5% as Trump’s victory rippled through global markets Gold fell on a surging dollar as Republican Donald Trump was elected back to the White House after one of…