Yields gain, stocks up slightly after US jobs data beat
NEW YORK/LONDON, Feb 11 : Treasury yields rose and stock indexes were mostly slightly higher on Wednesday afternoon after data showed the U.S. economy created far more jobs than expected in January, which could make it more difficult for the Federal Reserve to keep cutting rates this year.Labor Dep ...
Dollar, yields gain, US stocks little changed after US jobs data beat
NEW YORK/LONDON, Feb 11 : The dollar and Treasury yields rose, while U.S. stocks gave up early gains to trade nearly flat on Wednesday after data showed the U.S. economy created far more jobs than expected in January, which could make it more difficult for the Federal Reserve to keep cutting rates t ...
Stocks, dollar jump after US jobs data beat; AI worries simmer below the surface
LONDON, Feb 11 : U.S. stock futures and the dollar jumped on Wednesday, after data showed the U.S. economy created far more jobs than expected in January, which could make it more difficult for the Federal Reserve to keep cutting rates this year.Labor Department data showed 130,000 workers were add ...
Stocks pause for breath as AI worries simmer; yen gallops higher
LONDON, Feb 11 : European stocks were little changed on Wednesday as jitters about artificial intelligence disruption persisted, while S&P 500 futures edged higher as investors awaited U.S. jobs data later in the day.The U.S. dollar fell for a fourth straight session and the yen extended its ral ...
Dutch court orders investigation into Nexperia, upholds previous decisions including Chinese CEO suspension
AMSTERDAM, Feb 11 : A Dutch court on Wednesday ordered an investigation into mismanagement at chipmaker Nexperia BV and upheld an October decision to suspend former CEO Zhang Xuezheng, the founder of Nexperia's Chinese parent Wingtech, saying the company needs stability.The decision leaves cont ...
Dutch court orders investigation into China-owned Nexperia
AMSTERDAM: A Dutch court on Wednesday (Feb 11) ordered a formal investigation into alleged mismanagement at Nexperia, a Chinese-owned chip firm at the centre of a global tug-of-war over critical semiconductor technology.The firm, based in the Netherlands but whose parent company is China's Wing ...
Starhill Global Reit CEO and executive director Ho Sing to step down in August
Benicia Tan - The search for his replacement is under way, says the trust’s manager
Prime US Reit H2 DPU rises to US$0.0049 on higher distributable income payout ratio
Chong Xin Wei - Distributable income down 18.8% at US$12.1 million due largely to lower property operating income as a result of lease expiries
Skylink raises $7 mil placing out shares at 27 cents each to ICH, LionGlobal
The Edge Singapore - Skylink Holdings has raised $7.02 million in gross proceeds from placing out new shares at 27 cents each, following an earlier raise of $9.2 million when it listed via an RTO last year. Investors in the current round include ICH Synergrowth Fund and Lion Global Investors, as well as other "ultr ...
Prime US REIT reports higher DPU with lifting of payout ratio
The Edge Singapore - Thanks to improving operational performance, Prime US REIT's revenue for the half year ended Dec 2025 was down 2.2% to US$66 million, and full year's down 5.4% to US$133.3 million. Income available for distribution was down 18.8% y-o-y to US$12.1 million for the half year, and down 24.8% y ...
Analysis:Software selloff is disrupting some M&A and IPO deals, US bankers say
NEW YORK, Feb 11 - A broad selloff in software stocks is starting to stall deal-making and IPOs in the sector as volatility makes valuations unreliable and potential buyers cautious, about a dozen financial advisers and dealmakers told Reuters.The months‑long rout deepened last week, with the S&am ...
Instagram's leader to testify in court on app design, youth mental health
Feb 11 : Instagram's leader is set to face questions in court for the first time on Wednesday about whether the Meta-owned app's design is fueling a youth mental health crisis.Adam Mosseri, the head of Instagram, will testify in Los Angeles as part of a trial on what plaintiffs call " ...
Amazon Pharmacy to expand same-day delivery to about 4,500 US cities and towns
Feb 11 : Amazon's pharmacy business will expand its same-day delivery prescription service to about 4,500 cities and towns in the U.S. by the end of this year, adding nearly 2,000 new communities to the network. The expansion covers states including Idaho and Massachusetts, the company said on ...
Transition finance in South-east Asia expected to grow in 2026, say market watchers
Janice Lim - Sustainable finance proceeds raised in the region still flat in 2025
China’s Zhipu unveils new AI model, jolting race with DeepSeek
GLM-5 has been measured directly against Anthropic’s Claude Opus series
New SIT-Seatrium lab pushes AI, digital twins for offshore and marine sector
Nurdianah Md Nur - Singapore’s offshore and marine industry has a new testbed for digital and green technologies, with the opening of a digital learning lab at Singapore Institute of Technology (SIT)’s Punggol campus. Established by SIT and Seatrium, the Offshore & Marine Digital Learning Lab is designed to li ...
Thomson Medical narrows H1 net loss to S$10.2 million on lower finance costs, steady operations
Chong Xin Wei - Revenue for the half-year period up 7% at S$213.1 million
Ho Sing to retire as CEO and executive director of Starhill Global REIT’s manager
Felicia Tan - Ho Sing, the CEO and executive director of Starhill Global REIT’s manager, will retire on Aug 10. Ho has held the position for almost 16 years following his appointment on April 20, 2010. A search for his replacement is “underway” and an announcement will be made “in due course”, says the ...
NSL reports 49% y-o-y net profit drop, proposes two cents interim dividend per share
Lin Daoyi - For the six months ended Dec 31, 2025, NSL reported profit of around $10.3 million, a 49% decline from the previous corresponding period. Overall revenue declined from $179.7 million to $159.4 million, representing a y-o-y decrease of 11%, while gross profit decreased from $44.8 million to $30.8 mil ...
UG Healthcare reports lower net loss after tax for 1HFY2026
Teo Zheng Long - UG Healthcare (SGX: 8K7 ) has posted a lower net loss after tax of $1.4 million for 1HFY2026 ended Dec 31, 2025, an improvement of 32.5% y-o-y from $2.1 million as a result of lower foreign exchange losses. Earnings before interest, taxes, depreciation, and amortisation (EBITA) surged more than 100% ...
Singapore stocks continue rally on Wednesday; STI up 0.4%
Benjamin Cher - SGX leads gainers on blue-chip index; best performer on iEdge Singapore Next 50 Index is UOB Kay Hian
Singapore stocks continue rally on Wednesday, up 0.4 per cent
Benjamin Cher - SGX leads the gainers on Singapore’s blue-chip index; the best performer on the iEdge Singapore Next 50 Index is UOB Kay Hian
Firms must move beyond AI ‘Ikea moment’ as most remain stuck in experimental stage: Josephine Teo
Young Zhan Heng - While there is high enthusiasm for AI, more than half of South-east Asian companies remain in the piloting stage, says a new...
Oil up 2% as tension in Middle East offset large US crude stocks build
NEW YORK, Feb 11 : Oil prices gained nearly 2 per cent on Wednesday, as investors worried about escalating tension between Iran and the U.S., which were preparing to resume negotiations, while a weekly report showing large build in crude inventories in the U.S. limited gains.Brent crude oil futures ...
Oil rises 2% on US–Iran tensions, improved demand
LONDON, Feb 11 : Oil prices gained around 2 per cent on Wednesday, buoyed by potential supply risks should U.S.–Iran tensions escalate, while draws of crude from key stockpiles suggested stronger demand. Brent crude oil futures were up $1.41, or 2.1 per cent, at $70.21 a barrel by 1156 GMT. U.S. ...
Oil rises over 1% on US–Iran tensions, better demand
LONDON, Feb 11 : Oil prices gained on Wednesday, buoyed by escalating risk as U.S.–Iran talks remained tenuous, while draws of crude from key stockpiles suggested stronger demand. Brent crude oil futures were up 98 cents, or 1.4 per cent, at $69.78 a barrel by 0949 GMT. U.S. West Texas Intermedia ...
Eramet says Indonesia nickel permit volume slashed for 2026
PARIS/JAKARTA, Feb 11 : Eramet's nickel mining joint venture in Indonesia has received an initial production allowance of 12 million wet metric tons for this year, down from the initial allowance of 32 million it received for 2025, the French mining firm said.Eramet's PT Weda Bay Nickel jo ...
Thomson Medical narrows losses in 1HFY2026 by 20.6% to $10.2 mil
Samantha Chiew - Thomson Medical Group has narrowed its losses for the 1HFY2026 period ended Dec 31, 2025, by 20.6% to $10.2 million from a loss of $12.9 million a year ago. While the group remained in a net loss position, the narrower loss reflected lower net finance costs and steady operating performance, even as ...
Malaysia’s Maybank, Yinson launch first tokenised ringgit pilot for Asean cross-border payments
Tan Ai Leng - The project is conducted under Bank Negara Malaysia’s Digital Asset Innovation Hub
China’s auto sales fall at fastest pace in nearly two years in January
Deals drop 19.5% from the year before to 1.4 million vehicles, the biggest decline since February 2024
Kremlin says curbs on Telegram app are a result of its non-compliance with the law
MOSCOW, Feb 11 : The Kremlin said on Wednesday that the Telegram messenger app had to comply with Russian law and that the state communications regulator was obliged to act if Telegram did not respond to its requests. Kremlin spokesman Dmitry Peskov was speaking a day after Roskomnadzor, the state c ...
Hilton Global Foundation commits record US$5.4 mil to 18 non-profits, including five APAC grantees
Jovi Ho - The Hilton Global Foundation, the philanthropic arm of global hospitality brand Hilton, has announced a US$5.4 million ($6.82 million) investment to support 18 non-profit organisations worldwide — its largest annual contribution to date. In Asia Pacific, the grants will support five organisations, ...
Struggling brewer Heineken to cut up to 6,000 jobs
AMSTERDAM: Under-pressure Dutch brewer Heineken said on Wednesday (Feb 11) that it would scrap up to 6,000 jobs as it faces what it called "challenging market conditions" with beer volumes down compared to last year.The company said it would be "accelerating productivity at scale to u ...
'Platform' level combination 'best' way to merge CLI and Mapletree: UOBKH's Loh
The Edge Singapore - CapitaLand Investment CEO Lee Chee Koon has downplayed rumours that he will be merging with another major local property player Mapletree Investments, privately held by Temasek, the common controlling shareholder. Lee, speaking at CLI's results briefing on Feb 11, maintains that yes he is eager ...
