Fall
Dollar gains after US jobless claims fall more than expected
THE dollar rose on Thursday (Aug 8) after new US labour market data showed that unemployment benefits fell more than expected last week, easing fears of an imminent recession.The...
China chipmaker SMIC beats Q2 estimates despite steep profit fall
SEMICONDUCTOR Manufacturing International Corp (SMIC) reported a 59.1 per cent fall in second-quarter net profit on Thursday (Aug 8) though the result from China’s largest chip foundry beat expectations.
SMIC...
KFC parent Yum Brands sales fall as weak US demand persists
TACO Bell parent Yum Brands reported a bigger-than-expected fall on Tuesday (Aug 6) in same-store sales for the second quarter as sticky inflation prompted lower-income Americans to eat out...
Taiwan stocks fall by record 8.4% on tech sector fears
TAIWAN stocks ended down 8.4 per cent on Monday (Aug 5), a record slump, with tech stocks including TSMC plunging as investors sold off one of Asia’s top-performing markets...
Singapore shares fall at Monday’s open; STI down 2.5%
SINGAPORE equities began trading in negative territory on Monday (Aug 5), after Wall Street stocks tumbled last Friday following the release of poor jobs data in the US. As at...
Jardine Matheson posts 33% fall in underlying net profit to US$550 million
JARDINE Matheson Holdings (JMH) on Thursday (Aug 1) posted a US$550 million underlying net profit for the six months ended June, down 33 per cent from the year-ago period....
Hot stock: SIA shares fall on Thursday after Q1 earnings miss
SIA posts net profit of S$451.7 million in Q1, a 38.5 per cent drop from S$734 million in the year-ago periodSHARES of Singapore Airlines (SIA) fell in early trading...
Singapore shares fall at Thursday’s open; STI down 0.4%
SINGAPORE shares opened lower on Thursday (Aug 1) morning, despite US and Europe indices rallying overnight. The Straits Times Index (STI) fell 0.4 per cent or 12.45 points to...
