News
China AI startups surge after holiday in rotation from big tech
Published Fri, Feb 20, 2026 · 12:47 PM[HONG KONG] Shares of China’s generative artificial intelligence (AI) startups Zhipu and MiniMax Group soared in Hong Kong as the market reopened...
Gold dips as dollar ticks up; all eyes on inflation data
Markets currently expect three 25-basis-point rate cuts this year, according to CME’s FedWatch ToolPublished Fri, Feb 20, 2026 · 11:26 AM[BENGALURU] Gold prices edged lower on Friday (Feb 20)...
OCBC upgrades SIA Engineering to ‘buy’ on positive aircraft maintenance, repair and overhaul outlook
[SINGAPORE] OCBC upgraded SIA Engineering Company (SIAEC) to a “buy” after its positive results and on a “constructive” outlook for aircraft maintenance, repair and overhaul (MRO) services in Singapore....
Nippon Steel executive sees China-driven supply glut nearing end
Steel mills in the Asian nation have ramped up exports as a way to offset falling domestic consumptionPublished Fri, Feb 20, 2026 · 09:41 AM[TOKYO] A top official at...
Sri Trang sinks into red with Q4 loss of 503.8 million baht on production drop due to floods, impairment losses
[SINGAPORE] Mainboard-listed Sri Trang Gloves on Thursday (Feb 19) posted a net loss of 503.8 million baht (S$20.5 million) in the fourth quarter ended Dec 31, 2025, compared to...
ECB fines JPMorgan’s European arm 12.2 million euros for misreporting capital requirements
Published Fri, Feb 20, 2026 · 07:14 AM[FRANKFURT] The European Central Bank fined JPMorgan’s European arm 12.18 million euros (S$18.2 million) for misreporting capital requirements after it wrongly calculated...
Who calls the shots in OCBC’s corridors of power?
Its new group CEO Tan Teck Long must balance what minority shareholders want with the interests of one of Asia’s wealthiest clans [SINGAPORE] OCBC’s founding Lee family owns a...
Wall St opens lower after recent gains as tech stocks slip
Published Thu, Feb 19, 2026 · 10:45 PM[NEW YORK] Wall Street’s main indexes opened lower on Thursday (Feb 19), following a three-day winning streak for the S&P 500, as...
UOBKH says financial sector biggest winner from Budget, gives overall top picks
[SINGAPORE] The financial sector is likely to be the “most identifiable market beneficiary” of this year’s Budget, said UOB Kay Hian (UOBKH), noting that the Finance Minister Lawrence Wong’s...
Bernie Sanders kicks off billionaires tax campaign with choice words for the ‘oligarchs’
Populist Sen. Bernie Sanders on Wednesday formally kicked off the campaign to place a billionaires tax on the November ballot, framing the proposal as something larger than a debate...
