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Much to the chagrin of investors, the value of Bitcoin continues to slide. As of Wednesday morning, the world’s most popular cryptocurrency was trading around $75,000 per coin. That’s down…
Gold prices tumbled by more than 7 per cent to break below the US$5,000 mark on Friday (Jan 30) as the US dollar strengthened on the imminent appointment of a new US Federal…
Japanese officials have stepped up warnings against what they describe as excessive and speculative FX moves The yen dropped to its weakest level against the US dollar since July 2024, as…
Singapore stocks fell on Friday (Nov 21), mirroring a wider regional rout after markets tumbled earlier this week on fears of an artificial intelligence bubble, but dropped again on…
Wall Street’s main indexes dipped on Friday (Nov 14), driven by a renewed sell-off in technology stocks, while hawkish commentary from Federal Reserve officials added to doubts about an…
WALL Street ended sharply lower on Thursday, with steep losses in Nvidia and other AI heavyweights, as investors scaled back expectations of interest rate cuts due to inflation worries and…
Disney reported $22.46 billion in revenue for the quarter, which just missed analyst expectations and resulted in a 5% drop in premarket trading on Thursday. The entertainment…
Shares of Singapore Post (SingPost) fell by as much as 3.6 per cent or S$0.015 to S$0.405 after the company announced its financial results for its first half year ended Sep 30. It hit the…
UOB’s net profit for the third quarter ended Sep 30, 2025, fell as the lender “pre-emptively set aside” additional allowances. Net profit for the quarter stood at S$443 million, down 72…
Wall Street’s main indexes tumbled on Tuesday (Nov 4) as investors questioned lofty tech valuations after the CEOs of top Wall Street banks warned of a stock market selloff, while AI…
Singapore Post’s (SingPost) group operating profit for the first quarter ended Jun 30 came in at S$3.4 million, a 60 per cent year-on-year drop from S$8.4 million. The decrease in…
New Zealand’s central bank cut its policy rate by 25 basis points (bps) to a three-year low of 3 per cent on Wednesday (Aug 20), and flagged further reductions in coming months as…
Q&M Dental’s net profit fell 60 per cent to S$3.9 million for its first half ended Jun 30, 2025, from S$9.7 million in the year-ago period. This translated to an earnings per share of…
SIA holds a 25.1% stake following a merger of its full-service airline Vistara with the Indian national carrier Shares of Singapore Airlines (SIA) dived on Friday (Jun 13) morning after an…
The US dollar dropped across the board on Friday (May 23), as investors dumped the currency after US President Donald Trump once again ratcheted up his trade war, recommending that the…
Sales at retail giant Target took a dive during the first three months of 2025 and executives have indicated that boycotts over its rollback on diversity, equity, and inclusion (DEI)…
Chanel profit plunged last year as the closely held company splurged on expanding its retail network and marketing to remain visible amid a luxury industry downturn. Operating profit slid…
A challenging macro environment is taking its toll on Puma, where sales were flat in the first quarter and profits tumbled in the double-digits. Sales rose 0.1 percent to 2.07 billion…
WeightWatchers said Tuesday it is filing for Chapter 11 bankruptcy protection to eliminate $1.15 billion in debt and focus on its transition into a telehealth services provider. Parent WW…
Wall Street’s main indexes opened sharply lower on Wednesday (Apr 30) after data showed the world’s largest economy contracted in the first quarter, amplifying worries about the…
The manager of Mapletree Pan Asia Commercial Trust (MPACT) on Friday (Apr 25) warned of ongoing challenges – including slow leasing demand and higher-for-longer cost of debt – as…
Revenue falls 1.2% to S$94.5 million but other expenses shoot up 89.6% to S$2.9 million TYRE and wheel distributor Stamford Tyres reported a 75.1 per cent decrease in net profit for the…
THE yen hit three-month lows on Monday (Oct 28) as investors figured the loss of a parliamentary majority for Japan’s ruling coalition in weekend elections would slow interest rate rises,…
ROBLOX shares slumped on Tuesday (Oct 8) after short seller Hindenburg Research said it’s betting against the gaming platform. The stock fell as much as 9.4 per cent in intraday trading on…
