News

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...
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...
‘We want to be a dominant player’: DBS targets S$100 billion in cross-border flows by 2030
The lender plans to roll out same-day outbound remittances from China by the second half of 2026 [SINGAPORE] DBS is aiming to reach S$100 billion in consumer cross-border flows...
Indonesia’s moment of truth creates space for India-style rally
The core issues, chronically low free float and thin liquidity, have long weighed on the market’s appeal[SINGAPORE] A looming MSCI downgrade has plunged Indonesia’s stock market into a once-in-a-generation...
Choppy markets threaten ECB’s ‘good place’ but rates still firmly on hold
The euro zone’s central bank has been on hold since ending a year-long run of rate cuts in JunePublished Thu, Feb 5, 2026 · 09:14 AM[FRANKFURT] The European Central...
Stocks to watch: Keppel, SGX, CLCT, Aims Apac Reit, Digital Core Reit
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Feb 5):  Source link
Boeing to cut around 300 defence division supply chain jobs
The workforce reduction comes at a time when companies are paring jobs and closely monitoring headcountPublished Thu, Feb 5, 2026 · 08:07 AM[LOS ANGELES] Boeing is eliminating about 300...
Google parent Alphabet says it could double capital spending in 2026
The big cloud companies are expected to collectively shell out more than US$500 billion on AI this yearPublished Thu, Feb 5, 2026 · 06:31 AM[SAN FRANCISCO] Alphabet said on...