AEM falls as much as 11% amid Singapore chip-stock sell-off

The Business Times reports AEM fell more than 11% in early trading on October 30 before recovering to a 7.4% decline by 11:45 a.m. It says the losses followed an overnight Wall Street slide in which Alphabet dropped 12.6% after its quarterly revenue missed expectations. The Straits Times reports Mi Material fell over 14% and notes that Intel’s sales forecast also missed estimates.