Business
BP profits drop as it says it will reset strategy
Oil giant BP's profits dropped sharply last year with the firm saying it will "fundamentally reset" its strategy. It is widely expected to…
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Drop
Culture
Ford sees sharp profit drop as Trump tariff, EV threats loom
FORD Motor warned that profit may fall by US$2 billion or more this year on an expected drop in vehicle prices and costly new-model…
News
Hong Kong, Taiwan markets drop as Asia-Pacific markets fall on Trump tariff fears
ASIAN markets fell at the open on Monday (Feb 3) after US President Donald Trump announced tariffs on goods from China, Canada and Mexico…
Lifestyle
Lake Powell: Water flows to drop 24% below normal say forecasters
Federal forecasts reveal that water flows into Lake Powell are expected to be only 76 percent of the seasonal norm this year, a drop from…
Business
Boeing forecasts big loss on defence troubles, strike; shares drop 2.5%
BOEING’S loss will exceed expectations when it unveils fourth-quarter results next week, the financially strapped US planemaker said on…
Fashion
Column: For Angelenos suffering fire fatigue, ace water drop videos are sweet revenge
Look, up in the sky. It’s a bird, it’s a plane, it’s a Super Scooper water drop! The most memorable battle scenes exist in the pivot — the…
News
Mercedes-Benz car sales drop as China, EV slump take toll
MERCEDES-Benz Group car sales dipped last year as the German luxury-auto maker struggled with weak demand for pricey models in China and…
Business
LG Energy posts unexpected loss as EV demand slows; shares drop
BATTERY maker LG Energy Solution reported an unexpected loss – sending its shares down – as cooling demand for electric cars hurt sales.…
Business
Japan’s Seven & i Holdings reports 24% drop in third-quarter profit
Profit fell to 128 billion yen (S$1.1 billion) in the period from September to November Japan’s Seven & i Holdings, operator of the…
Business
Asia-Pacific loans set to recover in 2025 from three-year drop
ASIA-PACIFIC loan volume outside Japan is gearing up for a rebound in 2025 driven by merger and acquisition activity and favourable rates…
Business
Gold extends drop after Fed officials express inflation concern
The bullion is unlikely to hit US$3,000 an ounce by the end of the year, pushing the forecast to mid-2026 Gold fell for a second day as…
Fashion
Singapore Braces for Thunder Showers in Early January; Temperature Likely to Drop to 22°C
The Meteorological Service Singapore (MSS) warned on Wednesday that Singaporeans should get ready for a rainy start to 2025, with rain…
Business
Gold set for weekly drop; market awaits more US data for economic cues
GOLD prices were poised for a weekly fall on Friday (Dec 20) after the Federal Reserve’s verdict on its monetary policy-easing cycle noted…
Business
Currencies drop as China disappointment rattles emerging markets
EMERGING-market currencies in Asia and the South African rand retreated as China’s policy makers appeared to disappoint investors…
News
New freeze warning as Florida temperatures could drop 30 degrees
A cold front caused temperatures to plummet in areas of the Southeast on Friday, prompting National Weather Service (NWS) forecasters to…
Business
Tesla's November China EV Sales Drop 4.3% as BYD Hits New High
Tesla Inc. (TSLA, Financial) announced a 4.3% year-over -year decline in November China-made EV sales to 78,856 units, as reported by…
Business
JPMorgan agrees to drop lawsuit against Tesla over stock warrants
US LENDER JPMorgan Chase agreed on Friday (Nov 29) to drop its lawsuit against Tesla that accused the electric vehicle maker of…
News
Dollar sees biggest weekly drop in a year as Trump trade stalls
THE US dollar is heading for the biggest weekly loss in a year, pulling back from the sharp run up fueled by speculation that Donald…
News
Jack Smith Files Motion to Drop Jan.6 Charges Against Trump Before Inauguration in Major Blow for Special Counsel
Special Counsel Jack Smith filed a motion on Monday to drop four charges against President-elect Donald Trump related to his alleged…
Business
China smartphone sales drop 9% y/y over Singles’ Day shopping festival
Apple sales fell year-over-year by double-digit percentages, Huawei’s sales increased by 7%, while Xiaomi’s sales declined by 6%. APPLE…
Business
Tesla, Rivian drop on report Trump wants to end EV credit
US automaker stocks fell after Reuters reported President-elect Donald Trump plans to eliminate a key consumer tax credit aimed at…
Business
India’s Tata Motors posts surprise Q2 profit drop on weak sales
INDIA’S Tata Motors reported a surprise drop in second-quarter profit and its first revenue decline in 10 quarters on Friday (Nov 8), hurt…
Business
DHLT posts 5.5% drop in distributable income to S$25.5 million for 9M FY2024
THE manager of Daiwa House Logistics Trust (DHLT) has recorded distributable income of S$25.5 million for the first nine months of FY2024,…
Business
FLCT posts 5.7% drop in H2 DPU to S$0.0332 despite higher revenue
THE manager of Frasers Logistics & Commercial Trust (FLCT) on Wednesday (Nov 6) reported a distribution per unit (DPU) of S$0.0332 for the…