News
Florida insurers sent billions to affiliates while claiming losses: Report
As Florida homeowners recover from years of skyrocketing insurance premiums and coverage cuts, a new study report obtained by the Miami…
Tag
Losses
Business
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 talent NORINCHUKIN…
Politics
Transcript: Trump Press Sec’s Tirade over New Legal Losses Is Ominous
Litman: Yeah. One of the cases you mentioned where the Trump administration was told No by a federal court is where they announced we’re…
Business
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…
Business
Early Crypto Traders Had Speedy Profit on Trump Coin as Others Suffered Losses
The curious trade came a little past 9 p.m. on Jan. 17 — a $1,096,109 bet less than two minutes after the soon-to-be president of the…
Business
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…
Politics
Oil posts weekly losses as US set to impose tariffs on Canada, Mexico
Oil prices eased on Friday (Jan 31) and closed the week lower as investors awaited 25 per cent tariffs by the US on Canada and Mexico,…
Business
Rakuten billionaire justifies mobile arm losses with big AI bet
RAKUTEN Group’s chief dismissed sceptics who call the Japanese e-commerce pioneer’s mobile foray a mistake and said the telecom arm is…
News
California’s Insurance System Faces Crucial Test as Wildfire Losses Mount
It’s too soon to know how the Los Angeles fires will change life in California, but it may heavily depend on the answer to a single…
Business
Singapore police partner banks to prevent S$73 million in potential scam losses
Two-month operation relies on robotic process automation technology to detect possible victims, enabling authorities to reach out to them…
Business
Asia: Stocks mostly down after Wall St losses
ASIA stocks mostly fell in thin holiday trade on Monday (Dec 30) after tech losses killed off the traditional year-end lift on Wall Street…
News
North Korea loses more than 1000 troops in single week: US
North Korean troops fighting in Russia's Kursk region are facing mass casualties, the U.S. has said. White House National Security Council…
Business
Losses from crypto hacks jump to US$2.2 billion in 2024: report
FUNDS stolen by hacking cryptocurrency platforms surged 21 per cent from a year ago to US$2.2 billion in 2024, a report from blockchain…
Business
US: Stocks end flat as rebound effort losses steam
WALL Street stocks finished little changed on Thursday (Dec 19) as Treasury bond yields climbed further in the wake of a Federal Reserve…
Business
STI extends losses; falls 0.5% on Wednesday
THE Straits Times Index (STI) fell for a second day on Wednesday (Dec 18), while regional indices had mixed results. The STI was down 0.5…
Business
Singapore stocks fall, with Hongkong Land leading losses; STI down 0.5%
SINGAPORE shares closed lower on Wednesday (Dec 11) amid declines in the banking stocks, with property developer Hongkong Land the biggest…
Business
Biggest Gambling Losses in History
Gambling can be thrilling, but it can also lead to huge losses. Throughout history, there have been many stories of people who lost a lot…
Politics
Russia's largest attack on Ukraine just showed that its Black Sea Fleet is still dangerous despite its heavy losses
Russia carried out its largest air attack against Ukraine so far on Monday. The attack included 28 Kalibr missiles fired from Russian…