News
Uber forecasts profit below estimates as cheaper rides boost trips but hurt margins
Published Wed, Feb 4, 2026 · 08:11 PM[SAN FRANCISCO] Uber Technologies forecast first-quarter profit below market expectations and missed fourth-quarter estimates on Wednesday (Feb 4), as margins took a...
EC World Reit loses appeal over unauthorised mortgage of key Hangzhou property; manager to seek re-trial
The manager says the legal defeat will not require further adjustments to financial statements [SINGAPORE] The manager of EC World Real Estate Investment Trust (Reit) on Wednesday (Feb 4)...
Singapore stocks continue record run on Wednesday; STI up 0.4 per cent
[SINGAPORE] Singapore stocks ended higher on Wednesday (Feb 4), with the local bourse closing at a record high for the second straight session.The benchmark Straits Times Index (STI) gained...
Apac commercial real estate investment hits US$40.3 billion in Q4, capping strongest year since 2021: JLL
The increase pushed full-year investment 12% higher year on year to US$147.6 billion[SINGAPORE] Asia-Pacific’s commercial real estate market ended 2025 on a high note, with investments in the fourth...
Chinese solar shares surge after reports of visits from Musk delegations
This comes after he announces plans to build large-scale solar-cell production in the USPublished Wed, Feb 4, 2026 · 04:52 PM[BEIJING/LOS ANGELES] Chinese solar shares jumped during morning trading...
Japan’s largest lender MUFG logs 6% growth in third-quarter profit
Published Wed, Feb 4, 2026 · 04:03 PM[TOKYO] Japan’s Mitsubishi UFJ Financial Group (MUFG) booked a 6 per cent rise in third-quarter net profit, it said on Wednesday (Feb...
UBS posts higher profit, signals US$3 billion buyback with upside
Published Wed, Feb 4, 2026 · 02:29 PM[LONDON] UBS Group posted a profit which beat expectations in the fourth quarter, as the bank announced a US$3 billion buyback programme...
Nvidia AI chip sales to China stalled by US security review: report
Published Wed, Feb 4, 2026 · 01:54 PM[BENGALURU] Nvidia’s H200 AI chip sales to China remain in limbo nearly two months after US President Donald Trump approved exports, pending...
No longer a ‘boring’ telco: Singtel’s multibillion-dollar data centre bet with KKR to power its transformation
By teaming up with KKR to take a controlling stake in STT GDC, the telco is moving from the regional league to the global main stage [SINGAPORE] When the...
Shipping firms face tough 2026 as reopening of Red Sea looms
Maersk has made two successful passages for the first time since Yemen-based Houthis began attacking vessels in 2023Published Wed, Feb 4, 2026 · 01:18 PM[HONG KONG] Global container liners...
