CapitaLand (CAPL SP), Southeast Asia’s largest developer, dropped 1.8% to $3.93. The company said it posted a loss of $156.9 million in the second quarter compared with a profit of $515.2 million a year ago, amid writedowns on its investments. It is the company’s first quarterly loss in five-and-a-half years. Its shares declined 1.5% to $4.

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