STI rises 0.2% to new high, edging closer to 5,000 mark

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 Straits Times Index (STI) marking a third straight session at record levels and moving closer to the psychological 5,000-point mark. The blue-chip barometer rose 0.2…

Read More

AiBeauty, Mathematics, and Process. Without these three components, floristry turns into chaos: how a floral studio in Miami is organized

AiBeauty, Mathematics, and Process. Without these three components, floristry turns into chaos: how a floral studio in Miami is organized

In 2022, Devora Otuonie came to the United States and received an invitation from the owners of the Ode à la Rose floral studio chain to head a new branch in Miami. She built a team of professional florists from scratch, established processes, and for three years now, during peak seasons, she creates thousands of…

Read More

BNP Paribas vows more cost cuts after profit tops forecast

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 December Published Thu, Feb 5, 2026 · 05:18 PM [PARIS] BNP Paribas nudged up its 2028 profitability target on Thursday (Feb 5) and pledged more cost cuts, after reporting a better-than-expected fourth quarter profit despite a mediocre performance at…

Read More

Grab to equip 10,000 drivers, merchants with AI skills by 2028

Grab to equip 10,000 drivers, merchants with AI skills by 2028

This aligns with efforts by policymakers to future-proof workers as AI reshapes business models and jobs [SINGAPORE] Grab aims to train 10,000 drivers and merchants on its platform with artificial intelligence (AI) skills by 2028, the company said on Thursday (Feb 5). The target was announced during a visit to Grab’s one-north office by Acting…

Read More

HSBC to cull underperformers as some bankers face zero bonuses

HSBC to cull underperformers as some bankers face zero bonuses

It wants to emulate its Wall Street rivals with a more hard-edged, “eat-what-you-kill” stance Published Thu, Feb 5, 2026 · 04:51 PM [LONDON] HSBC Holdings is preparing to hand some bankers little or zero bonuses as the 160-year-old British lender seeks to emulate its Wall Street rivals with a more hard-edged, “eat-what-you-kill” stance. The bank…

Read More

US drone makers seek Asia sales as China threat rises

Published Thu, Feb 5, 2026 · 04:43 PM [SINGAPORE] Several US drone firms made their debuts at the Singapore Airshow this week, seeking to expand their business beyond the Pentagon to countries in Asia that are increasingly concerned about the threat posed by China’s military build-up. The lethal success of drones on both sides of…

Read More

Bitcoin slumps with key US$70,000 level in sight

Bitcoin falls below US,000 as market faces a ‘crisis of faith’

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 world’s largest cryptocurrency showed no signs of stopping. Bitcoin tumbled more than 3 per cent in the Asian session to US$70,052.38, its lowest level since…

Read More