The Straits TimesBusiness
CDL shares fall 8% as developer flags weaker second half
City Developments shares fell eight per cent after the property developer warned that earnings would be significantly weaker in the second half. Persistent inflation and high interest rates have delayed some deals, the company said.
This card is an AI-assisted summary of reporting published by The Straits Times. Read the original report before relying on it for medical, legal, financial, safety, or emergency decisions.