Falls
Oil falls on prospect of higher-for-longer US rates, stronger dollar
Oil prices fell by nearly US$1 a barrel on Friday (May 10) as comments from US central bank officials indicated higher-for-longer interest rates, which could hinder demand from the...
Frasers Hospitality Trust H1 DPS falls 13.7% to S$0.01091 on higher finance costs
FRASERS Hospitality Trust : ACV 0% (FHT) recorded a 13.7 per cent fall in distribution per stapled security (DPS) to S$0.01091 for its first half year ended Mar 31,...
Banks slip on Wednesday as STI falls 1.1%
SINGAPORE stocks closed lower on Wednesday (May 8), with banking stocks among the decliners, as investor sentiment across the region remained cautious. The benchmark Straits Times Index (STI) fell...
Manulife US Reit’s portfolio occupancy falls to 78.7% in Q1
MANULIFE US Real Estate Investment Trust (MUST) posted a portfolio occupancy of 78.7 per cent for the first quarter ended March, down from 84.4 per cent as at end-2023.On...
Westpac net profit falls 16%, announces additional A$1 billion buyback
Australia’s Westpac Banking Corp reported a 16 per cent drop in its first-half net profit on Monday as intense lending competition and higher costs squeezed its margins.It also announced...
NAB’s cash profit falls 13%, to buy back A$1.5 billion of shares
NATIONAL Australia Bank on Thursday posted a drop of about 13 per cent in its first-half cash earnings as it grappled with high operating costs and cutthroat competition, but...
Starbucks points to weaker consumer as profit falls
Starbucks reported lower profits on falling sales on Tuesday (Apr 30) as the coffee giant pointed to weakening consumer sentiment and lacklustre conditions in China as factors behind an...
Yen falls after suspected intervention on Monday, eyes on Fed
The yen dropped against the dollar on Tuesday (Apr 30), giving up some of its sharp gains the previous day sparked by suspected intervention by Japanese authorities.The currency was...
