Posts by Swedan Margen
Piyush Gupta to be appointed Keppel chairman as Danny Teoh retires
[SINGAPORE] Keppel on Thursday (Feb 5) announced that former DBS chief executive officer and Temasek India chairman Piyush Gupta will be appointed chairman on Apr 17. He will replace Danny Teoh, 70, who will retire after the company’s annual general meeting (AGM) on Apr 17. Gupta, 66, was appointed as Keppel’s deputy chairman and non-executive…
Read MoreChina ramps up energy boom flagged by Musk as key to AI race
Published Thu, Feb 5, 2026 · 07:50 AM [NEW YORK] New data on China’s relentless energy installations underscore warnings from Elon Musk and Jensen Huang that the nation’s world-beating power network will deliver a major advantage over the US in the race to dominate artificial intelligence (AI). Since 2021, China has added more power capacity…
Read MoreSGX H1 profit up 0.8% at S$342.7 million on the back of record half-year revenue
EPS for the half-year period stands at S$0.32, a slight increase from S$0.318 for H1 FY2025 [SINGAPORE] Net profit for the Singapore Exchange (SGX) in the first half ended December rose 0.8 per cent to S$342.7 million, from S$340 million a year prior, as the group achieved its strongest half-year performance. Earnings before interest, taxes,…
Read MoreSGX H1 profit up 0.8% at S$342.7 million amid healthier IPO pipeline outlook
Adjusted net profit for the half-year period stands at S$357.1 million, an 11.6% increase [SINGAPORE] Net profit for the Singapore Exchange (SGX) in the first half of the year ended December rose 0.8 per cent to S$342.7 million, from S$340 million in the year-ago period. This was the group’s strongest half-year performance. “Trading activity has…
Read MoreSGX H1 profit up at S$342.7 million as revenue marks its strongest half-year; sees healthier IPO pipeline
Adjusted net profit for the half-year period stands at S$357.1 million, an 11.6% increase [SINGAPORE] Net profit for the Singapore Exchange (SGX) in the first half of the year ended December rose 0.8 per cent to S$342.7 million, from S$340 million in the year-ago period. “Trading activity has broadened across sectors, driving higher turnover beyond…
Read MoreSGX H1 profit up at S$342.7 million as revenue hits record; steps up push to lure Chinese listings
Adjusted net profit for the half-year period stands at S$357.1 million, an 11.6% increase [SINGAPORE] Net profit for the Singapore Exchange (SGX) in the first half of the year ended December rose 0.8 per cent to S$342.7 million, from S$340 million in the year-ago period. “Trading activity has broadened across sectors, driving higher turnover beyond…
Read MoreAims Apac Reit 9M DPU rises 2.5% to S$0.0725 on higher rental reversions, cost efficiencies
[SINGAPORE] The manager of Aims Apac Reit (AA Reit) on Thursday (Feb 5) posted a 2.5 per cent increase in distribution per unit (DPU) to S$0.0725 for the nine months ended Dec 31, 2025. This was up from S$0.0707 in the year-ago period. Revenue climbed 1.4 per cent on the year to S$141.1 million from…
Read MoreCapitaLand China Trust H2 DPU down 11.7% at S$0.0233
[SINGAPORE] The manager of CapitaLand China Trust (CLCT) on Thursday (Feb 5) posted a distribution per unit (DPU) of S$0.0233 for the second half ended Dec 31, 2025, down 11.7 per cent from S$0.0264 in the year-ago period. For the six months, revenue fell year on year to S$144.5 million from S$168.5 million. Net property…
Read MoreCapitaLand China Trust H2 DPU down 11.7% at S$0.0233 on lower retail, business park revenue
[SINGAPORE] The manager of CapitaLand China Trust (CLCT) on Thursday (Feb 5) posted a distribution per unit (DPU) of S$0.0233 for the second half ended Dec 31, 2025, down 11.7 per cent from S$0.0264 in the year-ago period. Its full-year DPU of S$0.0482 was 14.7 per cent lower on the year from a DPU of…
Read MoreBYD extends German car sales lead over Tesla with 1,000% surge
Chinese-owned brands MG, Leapmotor and Xpeng have for months expanded in Europe amid a bruising EV price war at home Published Thu, Feb 5, 2026 · 07:29 AM [BERLIN] BYD’s German sales surged more than ten-fold last month as the Chinese automaker continues to expand in Europe’s largest electric-vehicle (EV) market. The maker of the…
Read MoreGoogle parent Alphabet says it could double capital spending in 2026
Along with Meta, the big cloud companies are expected to collectively shell out more than US$500 billion on AI this year Published Thu, Feb 5, 2026 · 06:31 AM [SAN FRANCISCO] Alphabet said on Wednesday (Feb 4) that capital expenditure could as much as double this year, in yet another aggressive spending ramp-up by the…
Read MoreOil prices climb 3% as market awaits US-Iran talks
Opec members Saudi Arabia, Iran, the United Arab Emirates, Kuwait and Iraq export most of their crude via the Strait of Hormuz, mainly to Asia Published Thu, Feb 5, 2026 · 06:10 AM [NEW YORK] Oil prices surged about 3 per cent on Wednesday (Feb 4) after a media report suggested planned talks between the…
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