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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[SINGAPORE] The hospitality sector may be poised to reap benefits with Singapore’s tourist arrivals forecast to hit...
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 Published Thu, Feb 12, 2026 · 02:05 PMCHINA has banned...
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 revenuePublished Thu, Feb 12, 2026 · 01:33 PM[LONDON]...
Lufthansa strikes force hundreds of German flight cancellations
Europe’s largest aviation group faces mounting pressure to lift profitability in a crowded marketPublished Thu, Feb 12, 2026 · 12:53 PM[FRANKFURT] Deutsche Lufthansa cancelled hundreds of flights departing from...
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 facilityPublished Thu, Feb 12, 2026 · 12:05 PM[MUMBAI] UBS Group opened a new global...
Indonesia reviews decision to take over Martabe gold mine
Authorities have said the assets will be transferred to the sovereign wealth fund Danantara IndonesiaPublished Thu, Feb 12, 2026 · 11:35 AM[JAKARTA] Indonesia is reviewing its decision to take...
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 cutsPublished Thu, Feb 12, 2026 · 11:23 AM[SINGAPORE] Asian stocks rose...
Pentagon pushing AI companies to expand on classified networks: sources
Military officials are hoping to leverage AI’s power to synthesise information to help shape decisionsPublished Thu, Feb 12, 2026 · 11:12 AM[NEW YORK] The Pentagon is pushing the top...
China has bought some Venezuelan oil from the US, Chris Wright says
In Asia, several Indian refiners have bought Venezuela’s flagship Merey crude following the US actionPublished Thu, Feb 12, 2026 · 10:46 AM[SINGAPORE] China has bought some Venezuelan oil that...
Gold, silver dip as dollar rises after strong US jobs data
Published Thu, Feb 12, 2026 · 10:19 AM[BENGALURU] Gold and silver fell on Thursday (Feb 12) as the US dollar firmed after stronger-than-expected January jobs data dented expectation for...
South Koreans are shunning dangerous shipbuilding jobs envied by Trump
Demand is growing as the industry enjoys a new boom that puts further strains on its workforce[SEOUL] South Korea has promised to help “Make American Shipbuilding Great Again”, pitching...
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[SINGAPORE] After days of fluctuations, the Straits Times Index (STI) surpassed...