SK Hynix boss pledges to boost output of AI memory chips

SK Hynix boss pledges to boost output of AI memory chips

The chipmaker’s share price has more than quadrupled over the past year on record earnings Published Mon, Feb 23, 2026 · 12:31 PM [SEOUL] Chairman Chey Tae-won of SK Hynix’s parent SK Group pledged to grow production of artificial intelligence (AI) memory chips to meet a surge in demand from the global data centre buildout.…

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India’s new lending curbs seen squeezing trading firms

India’s new lending curbs seen squeezing trading firms

Published Mon, Feb 23, 2026 · 11:53 AM [MUMBAI] The Indian central bank’s curbs on bank funding for proprietary trading could spur trading firms to shift business offshore and may force smaller players to shut down, executives and analysts said. Proposed rule changes that prohibit banks from lending for proprietary trading and require 100 per…

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Gold rises as dollar falls on US Supreme Court tariff verdict

Gold rises as dollar falls on US Supreme Court tariff verdict

Markets currently expect three 25-basis-point rate cuts from the Federal Reserve this year, according to CME’s FedWatch Tool Published Mon, Feb 23, 2026 · 11:11 AM [BENGALURU] Gold rose to a more than three-week high on Monday (Feb 23), as the US dollar fell after the US Supreme Court struck down a vast swathe of…

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Dollar falls as traders sell US assets on trade policy risks

Dollar falls as traders sell US assets on trade policy risks

Published Mon, Feb 23, 2026 · 10:58 AM [SINGAPORE] The US dollar dropped against most major currencies as US President Donald Trump’s fresh tariff plans renewed concerns about American policymaking and the appeal of US assets. A Bloomberg gauge of the greenback retreated as much as 0.3 per cent, extending on Friday’s (Feb 20 decline…

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CapitaLand Ascott Trust expands Japan portfolio with 4.6 billion yen acquisition

CapitaLand Ascott Trust expands Japan portfolio with 4.6 billion yen acquisition

It acquires three freehold rental housing properties in Southern Kanagawa, Greater Tokyo [SINGAPORE] CapitaLand Ascott Trust (Clas) on Monday (Feb 23) announced the acquisition of three freehold rental housing properties in Southern Kanagawa, Greater Tokyo, for 4.6 billion yen (S$38.3 million) from an unrelated third party, Patience Capital Group. The three newly acquired operating properties…

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Raffles Medical H2 profit rises 21.7% to S$38.5 million

Raffles Medical H2 profit rises 21.7% to S.5 million

This is mainly due to improved performance from its hospital services and insurance businesses [SINGAPORE] Raffles Medical Group posted a 21.7 per cent rise in net profit to S$38.5 million for its second half ended Dec 31, 2025, from S$31.6 million in the previous corresponding period. This was mainly due to improved performance from its…

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DBS, OCBC, UOB may grab attention as Fed shifts stance, copes with new tariff uncertainty

DBS, OCBC, UOB may grab attention as Fed shifts stance, copes with new tariff uncertainty

Even if interest rates are bottoming, the normalisation of net interest margins at the three banks may continue through 2026 [SINGAPORE] There was little immediate market reaction last week to minutes of the US Federal Open Market Committee’s Jan 27-28 meeting that suggested “several participants” had the possibility of rate hikes on their minds. Yet,…

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Hollywood merger threatens movie theatres just as they recover

Hollywood merger threatens movie theatres just as they recover

Netflix’s plan to buy Warner Bros Discovery may squeeze theatrical releases, analysts say Published Sun, Feb 22, 2026 · 07:10 PM JUST when beleaguered movie theatres thought the worst was over, a big-studio takeover may force the industry to keep adapting. On the verge of recovery after being roiled by the pandemic and Hollywood strikes,…

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