Posts by Swedan Margen
RHB downgrades StarHub to ‘sell’, Citi to ‘neutral’ as profit slides; DBS reviews rating
StarHub’s net profit of S$38.5 million for its second half is a 50.9% year-on-year drop [SINGAPORE] Analysts on Friday (Feb 13) downgraded StarHub shares, after the telco posted a 50.9 per cent year-on-year drop in second-half net profit. StarHub’s second-half revenue was also down 3.1 per cent on the year, from S$1.3 billion to S$1.2…
Read MoreBlackstone leads the race to unlock US$7 trillion of cash in Japan
The firm and rivals are trying to coax them to put more of it in private equity and credit [TOKYO] Steve Schwarzman has become an unlikely fixture in Japanese media of late. The Blackstone co-founder stars in a 30-second television commercial in Japanese as he touts the acumen of the world’s biggest alternative asset manager.…
Read MorePinterest forecasts downbeat revenue as it battles for digital ad dollars; shares plunge
Published Fri, Feb 13, 2026 · 07:32 AM PINTEREST forecast first-quarter revenue below estimates on Thursday, underscoring the image-sharing platform’s ongoing struggle to compete for advertising dollars against deep-pocketed platforms, sending its shares down 12 per cent in extended trading. Social media giants like TikTok and Meta’s Instagram and Facebook continue to take a larger…
Read MoreCitigroup CEO Jane Fraser’s pay rises to US$42 million after banner year
Published Fri, Feb 13, 2026 · 06:59 AM CITIGROUP said on Thursday it had approved US$42 million for CEO Jane Fraser’s total compensation for 2025, up nearly 22 per cent from a year earlier. Investors have cheered Fraser’s efforts to streamline management, cut jobs and sell businesses, boosting the stock 65.8 per cent last year.…
Read MoreCoinbase posts surprise loss on crypto trading slowdown
Its transaction revenue fell to US$982.7 million in Q4, from US$1.56 billion a year earlier Published Fri, Feb 13, 2026 · 06:40 AM COINBASE posted a surprise quarterly loss on Thursday, marking its first since the third quarter of 2023, as the cryptocurrency exchange was hit by weaker trading volumes during a period of broad…
Read MoreOil prices fall on supply forecast, easing risk
Published Fri, Feb 13, 2026 · 06:09 AM [HOUSTON] Oil prices dropped on Thursday due to falling demand, retreating fears of renewed Middle East conflict and expected increases in supply. Brent crude oil futures settled at US$67.52 a barrel, down US$1.88, or 2.71 per cent. US West Texas Intermediate crude finished at US$62.84 a barrel, down US$1.79, or 2.77…
Read MoreIBM 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 (IBM) said that it will triple entry-level hiring in the US in 2026, even as artificial intelligence (AI) appears to be weighing on broader demand…
Read MoreMcDonald’s India outlet gets regulatory warning over rotten tomatoes, reused oil
Published Fri, Feb 13, 2026 · 06:02 AM [NEW DELHI] Indian food safety officials have warned a McDonald’s outlet in Jaipur after an inspection found cooking oil unfit for consumption and rotten tomatoes in storage, prompting regulators to seize samples for testing, an official told Reuters. During an inspection at the outlet on Monday in Jaipur, a…
Read MoreEuropean shares retreat from record highs as financials, industrials tumble
Published Fri, Feb 13, 2026 · 05:55 AM EUROPEAN shares fell on Thursday, erasing earlier gains that pushed markets to record highs, as financial and industrial stocks tumbled and investors digested a flood of corporate earnings. The pan-European Stoxx 600 index finished 0.5 per cent lower at 618.52 points, with most regional benchmarks also reversing course to…
Read MoreUS stocks: Wall Street sinks as tech rout deepens on AI angst
Published Fri, Feb 13, 2026 · 05:48 AM WALL Street indexes fell sharply, with the Nasdaq slumping 2 per cent, as investors intensified their selloff of technology shares and fled transport stocks amid worries about artificial intelligence disruption. After starting the day higher, equity indexes turned negative as investors fled riskier sectors and placed more defensive bets…
Read MoreNancy Guthrie: Chilling New Video Shows Unidentified Man Trying to Scale Wall of Savannah Guthrie’s Mom’s Home as New Ransom Note Emerges
Newly released video appears to show a man in Tucson trying to climb over a wall while carrying a backpack similar to the one seen on Nancy Guthrie’s suspected captor. The footage shows an unidentified bald man wearing a gray zip-up jacket and blue jeans around 1:53 a.m. on February 1 — the same day…
Read MoreJesse Strang: Transgender Canadian High School Shooter Is Seen in Makeup in First Photo as Woman as It’s Revealed He Underwent Sex Change
Canadian shooter Jesse Van Rootselaar is seen wearing makeup in a selfie he posted to an online transgender forum, where he shared that it was his “first time” he dressed up. “First time trying makeup! (Pre-HRT),” he wrote in a post archived from a June 2023 subreddit, using the term for hormone replacement therapy, commonly…
Read More