Posts by Nathan Pine
Global EV sales hampered by China, US slowdown in January
Published Fri, Feb 13, 2026 · 09:11 AM GLOBAL EV registrations fell 3 per cent in January as the introduction of a purchase tax and lower EV subsidies in China and policy changes in the US hindered sales, data by consultancy Benchmark Mineral Intelligence (BMI) showed on Friday (Feb 13). Global carmakers with large exposure…
Read MoreStocks to watch: iFast, BRC Asia, Lum Chang, Lum Chang Creations, Creative Technology
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Feb 13): Source link
Read MoreRHB downgrades StarHub to ‘sell’, Citi to ‘neutral’ as profit slides; DBS reviews rating
StarHub’s net profit of S$38.5 million for its second half is a 50.9% year-on-year drop [SINGAPORE] Analysts on Friday (Feb 13) downgraded StarHub shares, after the telco posted a 50.9 per cent year-on-year drop in second-half net profit. StarHub’s second-half revenue was also down 3.1 per cent on the year, from S$1.3 billion to S$1.2…
Read MoreCitigroup CEO Jane Fraser’s pay rises to US$42 million after banner year
Published Fri, Feb 13, 2026 · 06:59 AM CITIGROUP said on Thursday it had approved US$42 million for CEO Jane Fraser’s total compensation for 2025, up nearly 22 per cent from a year earlier. Investors have cheered Fraser’s efforts to streamline management, cut jobs and sell businesses, boosting the stock 65.8 per cent last year.…
Read MoreIBM plans to triple entry-level hiring in the US
The company’s decision comes as questions mount about whether AI will wipe out opportunities for new graduates Published Fri, Feb 13, 2026 · 06:05 AM [NEW YORK] International Business Machines (IBM) said that it will triple entry-level hiring in the US in 2026, even as artificial intelligence (AI) appears to be weighing on broader demand…
Read MoreEuropean shares retreat from record highs as financials, industrials tumble
Published Fri, Feb 13, 2026 · 05:55 AM EUROPEAN shares fell on Thursday, erasing earlier gains that pushed markets to record highs, as financial and industrial stocks tumbled and investors digested a flood of corporate earnings. The pan-European Stoxx 600 index finished 0.5 per cent lower at 618.52 points, with most regional benchmarks also reversing course to…
Read MoreApple’s iPhone only smartphone to see sales growth in China this January
Every major Chinese mobile maker sees steep declines in a market that is down 23% overall Published Thu, Feb 12, 2026 · 10:46 PM [BEIJING] Apple’s iPhone was the only smartphone line to register growth in China sales in January, according to Counterpoint Research. Every major Chinese mobile maker, from Huawei Technologies to Xiaomi, saw…
Read MoreMercedes flags more margin pressure ahead, tough road in China
Published Thu, Feb 12, 2026 · 09:24 PM [STUTTGART, Germany] Mercedes-Benz said on Thursday (Feb 12) that the profit margin at its autos division could fall further this year, indicating tough months ahead as the luxury carmaker grapples with high costs, a tough Chinese market and global tariffs. The premium German automaker is pinning its…
Read MoreSias calls on Advanced Systems Automation to clarify Asti offer over governance, valuation concerns
Sias founder David Gerald says implied discount to Advanced Systems Automation’s offer has ‘widened materially’ to in excess of 67% [SINGAPORE] The Securities Investors Association (Singapore), or Sias, has called on Advanced Systems Automation to clarify its pre-conditional offer for Asti shares amid governance and valuation concerns. Advanced Systems Automation in January announced its plan…
Read MoreSamsung ships latest HBM4 chips to catch-up in AI race
Published Thu, Feb 12, 2026 · 07:22 PM [SEOUL] Samsung Electronics said on Thursday (Feb 12) it had started shipping its most advanced HBM4 chips to unnamed customers, as it tries to narrow the gap with rivals in supplying critical parts for Nvidia’s AI accelerators. The global rush to build AI data centres has fuelled…
Read MoreHospitality sector may benefit, with 2026 tourist arrivals forecast to hit 17 million: OCBC Research
Stocks with exposure to hospitality may gain from improved hotel performance, tourist receipts [SINGAPORE] The hospitality sector may be poised to reap benefits with Singapore’s tourist arrivals forecast to hit 2026 targets set by the Singapore Tourism Board (STB), said OCBC Group Research. While 2025’s 16.9 million tourist arrivals were shy of STB’s projected 17…
Read MoreBlackstone folds hedge fund seeding into US$60 billion business
SAF typically gives emerging managers locked-up startup capital in the region of US$150 million, in exchange for a cut of their revenue Published Thu, Feb 12, 2026 · 01:33 PM [LONDON] Blackstone is moving its unit that backs startup hedge funds into the US$60 billion Absolute Return business, giving itself scale to compete with the…
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