Sinks
Yanlord Land Group sinks into the red with 486 million yuan H1 loss on write down
REAL estate developer Yanlord Land Group reversed into the red with a loss of 486 million yuan (S$89.3 million) for the six months ended Jun 30, compared to net...
OUE sinks into the red with S$96.1 million H1 loss
OUE has sunk into the red with a net loss of S$96.1 million for its first half ended Jun 30, compared with a net profit of S$40.2 million in...
Bitcoin plunges, Ether has worst drop since 2021 as crypto sinks
CRYPTOCURRENCIES reeled from a bout of risk aversion in global markets on Monday (Aug 5), at one point sending Bitcoin down more than 16 per cent and saddling second-ranked...
Bitcoin sinks 10%, extending losses after worst week since
BITCOIN is under pressure from a bout of risk aversion in global markets that saddled the largest digital asset with its heftiest weekly loss since the collapse of the...
Japan’s Nikkei sinks nearly 6% on US slowdown fears
Japan’s Nikkei share average fell nearly 6 per cent on Friday (Aug 2) to post its worst session in more than four years, as fears of a US slowdown...
Singapore stocks lose steam as SIA sinks, Fed stands pat; STI drops 1%
SINGAPORE equities were in the red on Thursday (Aug 1), after the US Federal Reserve stood pat in its July meeting, but signalled it could be ready to start...
Battery maker LG Energy’s profit sinks on global EV slowdown
BATTERY maker LG Energy Solution’s second-quarter profit missed analyst estimates, as sales of electric vehicles (EVs) continued to slow. Operating profit for three months ended Jun 30 dropped 58...
Nike sinks as gloomy sales forecast fans growth concerns
NIKE shares slumped 18.6 per cent in early trade on Friday (Jun 28) as a forecast for a surprise drop in annual sales amplified investor concerns about the pace...