News
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 2025Published Thu, Feb 5, 2026 · 07:12 PM[COPENHAGEN] Danish...
CapitaLand Ascendas Reit H2 DPU falls 2% to S$0.07528
[SINGAPORE] 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 second half of the...
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] Singapore stocks ended higher on Thursday (Feb 5), with the...
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 DecemberPublished Thu, Feb 5, 2026 · 05:18 PM[PARIS] BNP Paribas nudged up its...
Bitcoin slumps with key US$70,000 level in sight
Published Thu, Feb 5, 2026 · 03:32 PM[SINGAPORE] Bitcoin was on the cusp of breaking below the key US$70,000 level on Thursday (Feb 5) as a slide in the...
Bitcoin falls below US$70,000 as market faces a ‘crisis of faith’
Published Thu, Feb 5, 2026 · 03:32 PM[LONDON] Bitcoin slumped below US$70,000, a level last seen 15 months ago, as a broad risk-off sentiment engulfed global markets.The largest cryptocurrency...
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[SINGAPORE] As Tan Teck Long takes the helm of...
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 complexPublished Thu, Feb 5, 2026 · 01:29 PM[CAMACARI] Chinese automaker BYD is aiming to produce and source...
Sony lifts earnings targets after strong quarter, but PlayStation 5 sales slide
The Japanese conglomerate has, over the years, made a successful pivot from household electronics to entertainmentPublished Thu, Feb 5, 2026 · 12:26 PM[TOKYO] Japan’s Sony on Thursday (Feb 5)...
Sony lifts outlook after record quarterly profit, music and sensor units shine
The Japanese conglomerate also announces an expansion in its share buyback schemePublished Thu, Feb 5, 2026 · 12:26 PM — Updated Thu, Feb 5, 2026 · 04:26 PM[TOKYO] Japan’s...
Labor unions urge Gov. Gavin Newsom, California lawmakers to rein in artificial intelligence
SACRAMENTO — National union leaders, including the head of one of California’s largest labor organizations, on Wednesday urged Gov. Gavin Newsom to protect workers as artificial intelligence threatens to replace or...
