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Asia shares slump after IMF forecast

2014-10-08 02:55:18| BBC News | Business | UK Edition

Asian markets opened lower, following Wall Street's cue, after the International Monetary Fund cut its global growth forecasts.

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UPDATE 1-Sumitomo Corp shares slump after profit forecast slashed

2014-09-30 08:04:45| Chemicals - Topix.net

Shares in Sumitomo Corp slumped more than 10 percent on Tuesday after the Japanese trading house slashed its annual profit forecast by 96 percent due to losses on a U.S. shale project and sharp declines in iron ore and coal prices. Sumitomo said on Monday it will set up a task force to review its minerals investment strategy as well as review its risk management system, after booking impairment losses of 270 billion yen before tax benefits.

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Elizabeth Arden shares slump on loss

2014-05-14 02:59:36| BBC News | Business | UK Edition

Shares of US cosmetics-maker Elizabeth Arden plunge after it posts a surprise loss and hires an investment bank to explore its options.

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Tiger Airways shares slump on losses

2014-05-05 09:52:57| Airlines - Topix.net

Shares in Singapore-based budget carrier Tiger Airways slumped by as much as 8%, to a one-month low, after it posted widening losses.

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Tiger Airways shares slump on losses

2014-05-05 06:47:38| BBC News | Business | UK Edition

Shares in budget carrier Tiger Airways fall by as much as 8%, to a one-month low, after the company posts widening losses.

Tags: shares losses tiger airways

 

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