SINGAPORE (Nov 13): Shares in Noble Group hit new lows on media reports DBS has pulled back on its exposure to the embattled Singapore commodities firm.

Shares fell 7.4% Friday after near 2% drop on Wednesday and Thursday. They are down another 8% on Monday to 23 cents from a year high of $2.75 in February.

In 3Q, Noble, the troubled commodity trader, sunk into deeper net losses of US$1.17 billion ($4.2 billion) from restated net losses of US$28.4 million a year ago.

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