Losses
Oil prices extend losses on fears global trade war could slow economy
[TOKYO] Oil prices fell more than 3 per cent on Monday, extending losses from the previous week, on growing concerns that a global trade war could slow the global...
Semiconductor, shipbuilding stocks suffer heavy losses in SGX bloodbath
[SINGAPORE] Chipmaking and shipbuilding shares dived up to 8 per cent in early trade on Friday (Apr 4) following US President Donald Trump’s “Liberation Day” tariffs. As at 10.52am,...
Xiaomi shares extend losses as police investigate EV accident
[HONG KONG] Xiaomi shares suffered another sell-off on Wednesday (Apr 2), signalling unabated investor concerns after Chinese police launched a probe into a deadly accident that involved one of...
Straits Times Index closes slightly lower after cutting intra-day losses
[SINGAPORE] The Singapore blue-chip gauge Straits Times Index (STI) slid almost 0.8 per cent during intra-trading but managed to erase the losses and closed slightly down on Tuesday (Apr...
AirAsia owner Capital A swings to annual loss on forex losses, expects profitability in 2025
Capital A swung to an attributable loss of RM475.1 million (US$106.5 million) in 2024, from a profit of RM255.3 million in the previous yearMALAYSIA’S Capital A Berhad, owner of...
Norinchukin CEO plans to resign after massive bond losses
A government panel of experts has urged Norinchukin to diversify its bond-heavy portfolio and bring in more outside talentNORINCHUKIN Bank chief executive officer Kazuto Oku plans to resign to...
NSL reverses losses with a net profit of S$18.9 million in latest 6-month results
INDUSTRIAL group NSL posted a net profit of S$18.9 million for the six-month period ended Dec 31, 2024, a reversal from its net loss of S$25.8 million in the...
Over 500 investors, including 300 Singaporeans, kick off claim against Switzerland over Credit Suisse bond losses of over US$250 million
Drew & Napier is leading action by investors who saw their investments wiped out when CS AT1 bonds were written down as part of takeover by UBSMORE than 500...