Drops
FTSE 100 drops over 1% on strong retail sales, rising pound pressure
THE UK’s benchmark FTSE 100 stock index slipped on Friday (Sep 20), registering weekly declines, after hotter-than-expected retail sales data from the economy, while a rise in the British...
Greenback drops to near 9-month low versus yen amid talk of larger Fed rate cut
THE US dollar fell on Friday (Sep 13) to its lowest level in nearly nine months against the Japanese yen after media reports once again fuelled speculation the Federal...
Singapore stocks fall as markets across Asia plunge; STI drops 1.1%
SINGAPORE shares closed lower on Wednesday (Sep 4), tracking a broader decline among regional exchanges.
Markets across the region plunged after US tech stocks took a beating on Tuesday....
Australian PM’s approval drops as RBA sees no near-term rate cut
AUSTRALIAN Prime Minister Anthony Albanese’s approval rating fell to the lowest level since he took office in 2022 as the central bank signalled it will not join global peers...
Gold drops as dollar, yields firm after US inflation report
GOLD slipped 1 per cent on Friday (Aug 31) as the dollar and Treasury yields firmed after US inflation data matched expectations, but the bullion is set for a...
Skydance set to seal Paramount merger after Bronfman drops out
PRODUCER David Ellison’s Skydance Media is set to become the new owner of Paramount Global after Seagram heir Edgar Bronfman Jr dropped out, ending one of the industry’s most...
US dollar drops against yen but broadly stable after last week’s decline
THE US dollar fell to a three-week low against the yen on Monday (Aug 26) but halted its recent slide against most other currencies as investors weighed the prospect...
UK recruiter Hays annual profit drops 47% on extended hiring periods
Low confidence levels among both jobseekers and employers have extended the time taken to fill vacant positions, dealing a blow to recruiters’ profitsBritish recruiter Hays reported a 47 per...
JPMorgan drops proposal to cut China’s share in key emerging-market bond index
JPMORGAN Chase has dropped a proposal to change the way it calculates its flagship emerging-market bond index that would have reduced China’s share by almost half. The bank is...
Shiloh Jolie: Brad Pitt’s Daughter Officially Drops Her Father’s Surname after Hiring Own Lawyer and Paying Him Without Mom’s Knowledge
Brad Pitt's daughter, Shiloh Jolie, has legally dropped her father's last name. Shiloh, who hired and paid for her own attorney, filed to drop the Pitt surname on her...