In recent days, shares of Singapore Post Ltd. $S08.SI have attracted investor attention following a significant drop in value. During trading on Thursday, the stock price plummeted by a record 12.6%, marking the deepest decline in the company's history. This downturn occurred after the release of a financial report that revealed substantial losses and a bleak outlook, reflecting increasing tensions in global trade.
Recent financial reports from two major Japanese brokerage firms, Daiwa Securities Group Inc. $DSEEY and SMBC Nikko Securities Inc., have revealed a significant decrease in profits, raising concerns among analysts and market participants. Both companies are grappling with falling revenues from equity and bond trading, a trend evident even before recent market upheavals.