Falls
Singtel falls 2.5% after announcing S$3.1 billion impairment hit
SHARES of Singtel : Z74 0% fell 2.5 per cent or S$0.06 to close at S$2.35 on Monday (Apr 29) after the telco announced that it expects to recognise...
Nasdaq’s profit falls as shaky economy keeps IPO revival elusive
Nasdaq’s profit fell for the first time in a year as firms continue to wait for the economy to stabilise before going public. Earnings fell to 63 US cents a...
Barclays Q1 profit falls 12% as mortgage competition, deals drought hit
BARCLAYS reported a 12 per cent fall in first quarter profit on Thursday (Apr 25), as a squeeze on UK mortgage pricing, lower income from trading and a drought...
IBM falls on weak consulting sales, overshadowing HashiCorp deal
INTERNATIONAL Business Machines (IBM) dropped about 9 per cent in extended trading after the company’s weak consulting unit sales disappointed investors, overshadowing its acquisition of software firm HashiCorp.First-quarter sales...
Europe: Stoxx 600 falls on banks drag; tech contains losses on ASMI boost
EUROPE’S benchmark stock index dropped on Wednesday (Apr 24) as financials sagged on disappointing earnings from Swedish lender Handelsbanken, while technology stocks limited losses after ASM International’s strong forecast.The...
Ping An profit falls as market declines hurt investment returns
PING An Insurance’s profit dropped 4.3 per cent in the first quarter as stock-market declines and falling bond yields eroded investment returns. Net income fell to 36.7 billion yuan (S$6.9...
Bank of America profit falls on lower customer interest payments
BANK of America’s (BofA) first-quarter profit fell as its consumer division weakened and the lender wrote off more loans, particularly for credit cards.BofA is among the large lenders, including...
Sabana Reit’s occupancy falls to 83%; more staff resign from manager amid internalisation uncertainties
SABANA Industrial Real Estate Investment Trust (Sabana Reit) has reported a decline in portfolio occupancy in the first quarter of 2024, due to the repossession of properties at Penjuru...
