News

Offer for Low Keng Huat turns unconditional with 95.5% of shares secured
February 5, 2026
Managing director Marco Low and his family are taking the company private at S$0.78 per share[SINGAPORE] The privatisation bid for construction and property developer Low Keng Huat (LKH) has...
Wall Street opens lower on anxiety over Alphabet’s capex plans
February 5, 2026
Published Thu, Feb 5, 2026 · 10:45 PM[NEW YORK] Wall Street’s main indexes opened lower on Thursday (Feb 5) as investors fretted over Alphabet’s spending plans and Qualcomm’s downbeat...
ECB keeps rates unchanged even as choppy markets threaten its ‘good place’
February 5, 2026
Published Thu, Feb 5, 2026 · 09:37 PM[FRANKFURT] The European Central Bank left interest rates unchanged as expected on Thursday (Feb 5) and offered no clues about its next...
Air India probes if crew followed protocols in Boeing fuel-switch incident
February 5, 2026
Britain has given Air India a week’s deadline to submit a complete response, or face regulatory actionPublished Thu, Feb 5, 2026 · 08:29 PM[NEW DELHI] Air India said on...
Maersk’s 2026 earnings drop with gradual opening of Red Sea, cuts jobs
February 5, 2026
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 
February 5, 2026
[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
February 5, 2026
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
February 5, 2026
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 falls below US$70,000 as market faces a ‘crisis of faith’
February 5, 2026
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...
Bitcoin slumps with key US$70,000 level in sight
February 5, 2026
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
February 5, 2026
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
February 5, 2026
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...