Drops
Hong Kong intervenes to defend FX peg as local currency drops
[HONG KONG] Hong Kong’s de facto central bank bought the local dollar to prop it up on Thursday (Jun 26), in a move to defend the city’s currency peg...
Singapore Airlines CEO’s latest annual pay drops 14% to S$7 million despite record performance
[SINGAPORE] Singapore Airlines (SIA) paid its chief executive Goh Choon Phong S$7 million in remuneration for the latest financial year ended March 31, the carrier disclosed in its annual...
Global Markets Jump, Oil Drops 3.4% as Trump Claims Israel-Iran Ceasefire
US President Donald Trump announced a ceasefire between Iran and Israel through a social media post, though Iran and Israel continued their strikes on each other's capitals.But the news...
ArcelorMittal drops plans for green steel in Germany due to high energy costs
Published Fri, Jun 20, 2025 · 07:06 AM[BERLIN] ArcelorMittal, the world’s second-largest steelmaker, said on Thursday it had dropped plans to convert two plants in Germany to carbon-neutral production...
Vietnamese dong drops to record low as Asian currencies weaken
Published Thu, Jun 19, 2025 · 01:38 PM[MANILA] The Vietnamese dong fell, dropping below a record low it touched in April, as Asian currencies declined following a report that...
Damage is done: China exports to US in May drops by most since Covid as trade flows reroute to Asean
[SINGAPORE] While the US and China seemed to have avoided a devastating economic conflict with a framework agreement on Wednesday (Jun 11) after two days of intense negotiations, damage...
Global carriers pile on India capacity as US-Europe traffic drops
[LONDON] The skies above India are about to get a lot busier as international carriers add more routes to the world’s most-populated nation to make up for tepid transatlantic...
Love Island U.K. Contestant Kyle Ashman Drops Out Days Before Season 12 Following Machete Incident
Love Island UK Contestant Kyle Ashman Drops Out Days Before Season 12 Following Machete IncidentKyle Ashman won’t be entering the Love Island U.K. villa after all. Days before its...
