Business
Wall Street rebounds after week-long tech rout, Amazon down on AI capex jump
Wall Street’s main indexes opened higher on Friday (Feb 6) following a bruising sell-off in technology shares through the week, though…
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Rout
Business
Gold, silver extend losses on global tech rout, firmer dollar
Investors expect at least two 25-basis-point rate cuts in 2026, with the first one expected in June Gold and silver extended losses on…
Business
Singapore, Asia markets mostly down after Wall Street tech rout
Asian markets ended the week largely in the red on Friday (Feb 6), taking the cue from the US markets on Thursday, when tech stocks and…
Business
Wall Street opens lower as commodity rout rattles markets
Wall Street’s main indexes opened lower on Monday (Feb 2), as a violent sell-off in precious metals unsettled investors at the start of a…
Business
Singaporeans queueing up to buy the dip in gold despite rout
At UOB’s headquarters, Singapore’s only bank selling physical gold, buyers crowd a lounge for bullion trades People were still queueing up…
Business
Singapore stocks slip on Monday as precious metals rout deepens; STI down 0.3%
Singapore stocks ended lower on Monday (Feb 2), tracking regional peers amid a sharp sell-off in precious metals that extended from the…
Business
Indonesian stocks fall 5% after last week’s dramatic shake-up, US$80 billion rout
— Indonesian stocks slid on Monday (Feb 2), weighed down by a sell-off in commodities, after a tumultuous week during which a warning from…
Business
Danantara to continue investing in Indonesian stocks after rout
Many of the country’s largest companies are thinly traded and controlled by a small number of wealthy individuals Indonesia’s Danantara…
Business
Wall Street opens higher after rout, Trump speech in focus
stocks staged a modest recovery on Wednesday (Jan 21) after the sharpest equities sell-off in three months, as investors digested…
Business
Pop Mart’s 40% stock rout shows growing worry over Labubu crash
Concerns remain whether Labubu is a durable long-term character or a fashion trend LABUBU mania appears to be ebbing as quickly as it…
Business
Asia tech rout resumes as stocks slide on AI valuation fears
ASIA’S tech-heavy markets slumped as sell-offs in sector leaders resumed on mounting concerns over stretched artificial intelligence…
Business
STI tumbles 1% amid rout in Asia markets; Nikkei, Hang Seng fall more than 2%
Singapore stocks fell on Friday (Nov 21), mirroring a wider regional rout after markets tumbled earlier this week on fears of an…
Business
STI slides 1% amid rout in Asia markets; Nikkei, Hang Seng tumble more than 2%
Singapore stocks fell on Friday (Nov 21), triggered by declining expectations of a rate cut. This follows a wider regional rout after…
Business
Bitcoin is on the verge of erasing year’s gain as rout deepens
Bitcoin fell below US$95,000 for the first time in about six months as a bout of risk aversion sweeping across markets saw investors pull…
Business
Alibaba risks deepening US$100 billion rout as turf war heats up
A protracted battle in China’s food-delivery market has chopped US$100 billion in market value from Alibaba Group Holding, with no end in…
Business
Bank of Japan should step in only in a ‘severe’ bond market rout, policymaker says
The Bank of Japan does not need to make big changes to its bond taper plan and should only ramp up buying in times of “severe market…
Business
JD.com’s delivery clash with Meituan may worsen US$70 billion rout
While much of the world is focused on a volatile international trade war, two of China’s largest Internet companies are inflicting greater…
Business
Indonesia’s foreign reserves hit record high despite rupiah rout
Domestic concerns, such as the fiscal outlook and slowing economic growth amid President Prabowo Subianto’s shuffling of policy…
Business
Global bond rout starting to sound market alarm bells
[SINGAPORE/LONDON] US Treasuries, the bedrock of the global financial system, were hit by fresh selling pressure on Wednesday (Apr 9) in a…
Business
Chinese state funds plan to buy stocks as market rout deepens
Chinese officials have been discussing front-loading potential stimulus to offset the impact of tariffs China’s state-backed funds are…
Business
Newspaper headlines: 'Global stocks rout' and 'Brand rape charge'
"Economic carnage", is how the Times describes the fallout on global stock markets in response to US President Donald Trump's tariffs. The…
Business
Junk bonds suffer worst rout since 2020 with US hit hardest
US junk corporate bonds led the biggest slump in global high-yield debt since 2020 as the steepest American tariffs in a century triggered…
News
Asia: Stocks extend global rout after Trump’s shock tariff blitz
Equities extended losses in Asia on Friday, extending a global rout inflicted by Donald Trump’s tariff blitz that has inflamed a trade war…
Business
Singapore bourse spared in regional rout sparked by US tariffs; STI down just 0.3%
Compared to their regional peers, Singapore shares ended Thursday (Apr 3) almost unscathed by the tsunami of tariffs the United States…