Business
Maersk’s 2026 earnings drop with gradual opening of Red Sea, cuts jobs
It expects its underlying Ebitda to be between US$4.5 billion and US$7 billion this year, down from US$9.6 billion in 2025 Danish shipping…
Section
Business
Business
Syngenta targets up to US$10 billion Hong Kong listing in 2026: sources
[ZURICH/HONG KONG] Syngenta Group is targeting a Hong Kong listing that could raise as much as US$10 billion this year, two sources with…
Business
CapitaLand Ascendas Reit H2 DPU falls 2% to S$0.07528
CapitaLand Ascendas Reit (Clar) on Thursday (Feb 5) posted a 2 per cent drop in its distribution per unit (DPU) to S$0.07528 for the…
Business
CapitaLand Ascendas Reit looks to redevelop older business park and data centre assets, as H2 DPU falls 2% to S$0.07528
The older business park assets are Changi Business Park and International Business Park CapitaLand Ascendas Reit (Clar) on Thursday (Feb…
Business
Elliott raises Toyota Industries stake in push to block buyout
Elliott Investment Management has increased its stake in Toyota Industries again as the activist investor ramps up efforts to block the…
Business
STI rises 0.2% to new high, edging closer to 5,000 mark
Across the broader market, gainers beat losers 306 to 299 after 1.5 billion securities worth S$2 billion change hands Singapore stocks…
Business
AiBeauty, Mathematics, and Process. Without these three components, floristry turns into chaos: how a floral studio in Miami is organized
In 2022, Devora Otuonie came to the United States and received an invitation from the owners of the Ode à la Rose floral studio chain to…
Business
BNP Paribas vows more cost cuts after profit tops forecast
BNP reported net income of 2.97 billion euros (S$4.46 billion) for the three months ending in December Paribas nudged up its 2028…
Business
Grab to equip 10,000 drivers, merchants with AI skills by 2028
This aligns with efforts by policymakers to future-proof workers as AI reshapes business models and jobs Grab aims to train 10,000 drivers…
Business
Yumi's Cells 3 Producers Share Premiere Plans: Everything About Kim Go Eun Starrer Fantasy Drama
Yumi's Cells 3, the much-anticipated sequel of the TVING fantasy romance drama series, will premiere in April. The third sequel will…
Business
HSBC to cull underperformers as some bankers face zero bonuses
It wants to emulate its Wall Street rivals with a more hard-edged, “eat-what-you-kill” stance Holdings is preparing to hand some bankers…
Business
Shell keeps buybacks steady as profit falls, misses expectations
It has a Q4 net profit of US$3.3 billion, dropping 11% from the year before amid lower oil prices Shell’s fourth-quarter net profit of…
Business
Bitcoin slumps with key US$70,000 level in sight
Bitcoin was on the cusp of breaking below the key US$70,000 level on Thursday (Feb 5) as a slide in the world’s largest cryptocurrency…
Business
Bitcoin falls below US$70,000 as market faces a ‘crisis of faith’
Bitcoin slumped below US$70,000, a level last seen 15 months ago, as a broad risk-off sentiment engulfed global markets. The largest…
Business
Malaysia sees further upside for ringgit, 2026 growth forecast
The Malaysian ringgit, Asia’s top performing currency in the past year, still has potential to gain as the economy continues to perform…
Business
Billionaire owners seen posing challenge for new OCBC chief Tan
As Tan Teck Long takes the helm of OCBC, one of his main challenges may be winning over the billionaire sitting across the boardroom…
Business
OCBC’s billionaire owners seen posing challenge for new CEO Tan Teck Long
The bank split the jobs of chairman and CEO in 1998, and have appointed outside professionals for both positions since 2003 As Tan Teck…
Business
BYD shifts to local parts in Brazil factory in bid for market leadership
Since October, the automaker has produced about 25,000 cars at the industrial complex Chinese automaker BYD is aiming to produce and…
Business
Analysts lift target prices for Singtel after STT GDC deal - with highest upside over 10%
At least two brokerages have raised their target prices for Singtel, following the telco’s move to acquire a stake in data centre operator…
Business
Singtel shares fall as much as 3.7% after two-day rally on STT GDC deal
The telco and KKR will acquire the remaining 82% stake that they do not own in STT GDC Shares of Singtel fell as much as 3.7 per cent…
Business
Singtel shares fall as much as 3.7% after 2-day rally on STT GDC deal
The telco and KKR will acquire the remaining 82% stake that they do not own in STT GDC Shares of Singtel fell as much as 3.7 per cent…
Business
Singtel shares fall as much as 3.9% after 2-day rally on STT GDC deal
The telco and KKR will acquire the remaining 82% stake that they do not own in STT GDC Shares of Singtel fell as much as 3.9 per cent…
Business
Singtel shares close 2.6% lower after 2-day rally on STT GDC deal
The telco and KKR will acquire the remaining 82% stake that they do not own in STT GDC Shares of Singtel fell as much as 3.9 per cent…
Business
Trillion-dollar tech wipeout ensnares all stocks in AI’s path
There have been many artificial intelligence (AI)-driven sell-offs in the three years since ChatGPT burst into the mainstream. Nothing,…