News

Citigroup CEO Jane Fraser’s pay rises to US$42 million after banner year
Published Fri, Feb 13, 2026 · 06:59 AMCITIGROUP said on Thursday it had approved US$42 million for CEO Jane Fraser’s total compensation for 2025, up nearly 22 per cent...
IBM 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...
European shares retreat from record highs as financials, industrials tumble
Published Fri, Feb 13, 2026 · 05:55 AMEUROPEAN shares fell on Thursday, erasing earlier gains that pushed markets to record highs, as financial and industrial stocks tumbled and investors digested...
Apple’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% overallPublished Thu, Feb 12, 2026 · 10:46 PM[BEIJING] Apple’s iPhone was the only smartphone...
Mercedes 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...
Sias 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...
Samsung 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...
Hospitality 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...
Blackstone 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 revenuePublished Thu, Feb 12, 2026 · 01:33 PM[LONDON]...
Indonesia reviews decision to take over Martabe gold mine
Authorities have said the assets will be transferred to the sovereign wealth fund Danantara IndonesiaPublished Thu, Feb 12, 2026 · 11:35 AM[JAKARTA] Indonesia is reviewing its decision to take...
China has bought some Venezuelan oil from the US, Chris Wright says
In Asia, several Indian refiners have bought Venezuela’s flagship Merey crude following the US actionPublished Thu, Feb 12, 2026 · 10:46 AM[SINGAPORE] China has bought some Venezuelan oil that...
STI crosses 5,000 mark for first time to record high
Its gains follow measures to revive Singapore’s stock market, a strong Singdollar and a pivot from US dollar assets[SINGAPORE] After days of fluctuations, the Straits Times Index (STI) surpassed...