Business
Lum Chang H1 earnings surge to S$7.3 million despite lower revenue
Its board proposes an interim dividend of S$0.005 per share, and a special dividend of S$0.015 per share Lum Chang on Thursday (Feb 12)…
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Business
Business
BRC Asia reports S$27.3 million in Q1 net profit on sustained construction demand
Steel fabricator BRC Asia on Thursday (Feb 12) reported a net profit of S$27.3 million for the first quarter ended Dec 31, 2025. This…
Business
Lum Chang Creations H1 net profit more than doubles to S$11 million on strong operational performance
Newly listed Lum Chang Creations (LCC), the restoration and interior fit-out business of Lum Chang Holdings (LCH), recorded a net profit…
Business
Samsung ships latest HBM4 chips to catch-up in AI race
Samsung Electronics said on Thursday (Feb 12) it had started shipping its most advanced HBM4 chips to unnamed customers, as it tries to…
Business
Sen Yue Holdings receives privatisation offer at S$0.008 per share, with cash or shares option
Offer comes amid prolonged trading suspension, regulatory overhang, which adversely affects its access to funding and borrowing capacity…
Business
Singapore stocks gain more ground on Thursday, STI up 0.7%
Singapore stocks ended higher on Thursday (Feb 12) as regional indices mostly tracked lower. The benchmark Straits Times Index (STI)…
Business
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 The hospitality sector may be poised to…
Business
China bans below-cost car sales to end prolonged price war
Despite Beijing’s efforts to stamp out aggressive discounting, the new year has brought a new round of price cuts A has banned carmakers…
Business
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 revenue…
Business
Lufthansa strikes force hundreds of German flight cancellations
Europe’s largest aviation group faces mounting pressure to lift profitability in a crowded market Deutsche Lufthansa cancelled hundreds of…
Business
UBS joins foreign banks expanding India global capability hubs
The Swiss bank plans to add “2,000 professionals in the coming months” at the new facility Group opened a new global capability centre in…
Business
Asian stocks at record high, US jobs data buoys yields, dollar
Inflation data is due on Friday and will be the next test for market views on interest rate cuts Asian stocks rose to a record high on…
Business
Gold, silver dip as dollar rises after strong US jobs data
Gold and silver fell on Thursday (Feb 12) as the US dollar firmed after stronger-than-expected January jobs data dented expectation for…
Business
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 After days of…
Business
GIC weighs selling stake in European data centre JV for up to one billion euros
is considering a sale of its 80 per cent stake in a European data centre joint venture (JV), a potential deal that could value the…
Business
UK’s digital bonds to be issued using HSBC blockchain platform
The plans also come as large financial institutions around the globe ramp up efforts to tokenise other financial instruments The UK…
Business
Japan’s Nikkei surges past 58,000 for first time as Takaichi trade rally continues
Japan’s Nikkei share average surged past the 58,000 mark for the first time, continuing a scorching rally since Prime Minister Sanae…
Business
Companies fear Singapore’s proposed coastal defences will affect lease tenures, costs
Companies in Singapore recognise the need for them to protect their assets from rising seas, but are concerned over how lease renewals and…
Business
Stocks to watch: Singtel, StarHub, FEHT, Thomson Medical, Starhill Global Reit, Prime US Reit, Soilbuild
The following companies saw new developments that may affect trading of their securities on Thursday (Feb 12): Singtel: Its third-quarter…
Business
Singtel Q3 net profit up 43.5% at S$1.9 billion on exceptional gain from Airtel stake sale
Optus is ‘continuing to invest in strengthening resilience’ after an independent review into the Triple Zero outage, says Singtel group…
Business
Australia’s central bank will raise rates again if inflation becomes entrenched, governor says
Australia’s central bank will raise rates again if inflation becomes entrenched, its governor said on Thursday, having just delivered the…
Business
StarHub H2 net profit more than halves to S$38.5 million; guides lower earnings in FY2026
StarHub posted net profit of S$38.5 million for its second half ended Dec 31, 2025, a 50.9 per cent decline from S$78.4 million in the…
Business
Far East Hospitality Trust H2 DPS down 7.7% at S$0.0192
For the half year, income available for distribution rose 13% to S$37 million, from S$32.7 million previously The manager of Far East…
Business
Grab in black for first time as Q4 earnings drive full-year profit to US$268 million
Super app company announces US$500 million share buyback plan; acquires US-based digital financial services provider Stash Grab announced…