Drops
Shiseido drops to eight-year low after growth plan underwhelms
SHISEIDO shares fell to their lowest in eight years after investors were underwhelmed by the company’s plan to counteract a slump in China by boosting growth elsewhere.Shares fell as...
US dollar drops as markets weigh Trump tariff vow, yen hits 5-week high
THE US dollar fell to a one-week low against its major peers on Wednesday (Nov 27) as investors grew cautious about President-elect Donald Trump’s tariff pledges while rebalancing their...
Singapore stocks fall amid mixed regional showing; STI drops 0.4%
Nikkei 225 ends 0.2% lower, while Kospi is up 0.4%; Bursa loses 0.3% and Hang Seng closes 0.2% higherSINGAPORE stocks closed lower on Wednesday (Nov 20), as investors awaited...
US: Wall Street drops at the open after Powell dents rate-cut hopes
WALL Street’s main indexes opened lower on Friday (Nov 15), after Federal Reserve chair Jerome Powell said there was no need to rush interest-rate cuts, pushing up bond yields...
Singapore stocks fall as US dollar strength weighs on Asian stock indices; STI drops 0.8%
The trade-weighted US dollar index is at its highest since Jul 2, and up 4.9% in this quarterSINGAPORE stocks fell on Tuesday (Nov 12) as regional sentiment weakened after...
ANZ profit drops as competition bites in home-lending market
ANZ Group Holdings’s profit missed estimates as chief executive officer Shayne Elliott said competition in the mortgage market remained intense. Cash profit slipped to A$6.7 billion (S$5.9 billion) in...
US dollar drops to two-week low as investors take profit on ‘Trump trades’
THE US dollar dipped on Monday (Nov 4) as investors braced for wide-ranging implications for the global economy this week from the outcome of US elections and a likely...
TotalEnergies’ profit drops more than expected as oil prices fall
TOTALENERGIES reported a bigger-than-expected drop in profit for the third quarter as refining margins and oil prices fell.
Following a period of unusually high oil and gas prices in recent...