‘Pricey’ DBS can still be worth buying
Leslie Yee - Strong growth drivers support the local bourse’s leader
Budget 2026: Business chambers want more help for SMEs to internationalise, bigger automation grants
Tessa Oh - Industry groups say SMEs need sector-specific business matching in unfamiliar markets
Australia asks for meeting with Roblox after grooming, content complaints
The company could be fined up to A$49.5 million (S$44.3 million) if it doesn’t comply with the country’s online child protection laws
Coinbase CEO falls from list of world’s richest as crypto slides
Bitcoin is also down by about half since early October
Barbie maker Mattel’s grim annual forecasts, quarterly miss sink shares
MATTEL on Tuesday forecast full-year profit below Wall Street expectations after missing fourth-quarter estimates, as weak discretionary spending weighed on toy demand,...
Local regulators deny rezoning request for Pennsylvania data center development
Feb 10 : A county commission in Pennsylvania on Tuesday denied a request by Talen Energy to rezone hundreds of acres of land for the development of data centers, marking the latest example of local pushback hampering the U.S. expansion of server warehouses.The rejection by Montour County commissione ...
Ford’s quarterly earnings miss forecasts, CEO sees stronger year in 2026
The automaker posted revenue of US$45.9 billion in the fourth quarter, beating analysts’ expectations
Commonwealth Bank profit tops estimates on business loans
Shares of the country’s largest lender are down more than 15% from a record high in June
Oil prices steady as Iran-US tensions and US data eyed
[NEW YORK] Oil prices were little changed on Tuesday as the market waited for direction from news on diplomatic relations between the US...
CNA Explains: What's driving Singapore's exceptional economic growth, and can it last?
Singapore's economy has grown above 5 per cent for two consecutive years – a feat last achieved in 2010 and 2011.
Commentary: ‘King Dollar’ risks losing its crown to an Asian mutiny
Markets are already questioning the dollar’s exceptionalism, says Andy Mukherjee for Bloomberg Opinion.
European shares flat as insurance, energy losses offset luxury gains
EUROPE’S benchmark share index closed flat on Tuesday as investors weighed mixed corporate updates, with BP’s decision to suspend share buybacks offsetting...
US stocks: S&P 500, Nasdaq dip with economic data, earnings in focus
THE S&P 500 and the Nasdaq closed lower on Tuesday as investors digested disappointing retail sales figures and waited for a key...
Freshworks forecasts annual profit below estimates amid AI-driven software worries
Feb 10 : Freshworks forecast annual profit below Wall Street estimates on Tuesday, fanning investor concerns around business sustainability amid rapid artificial intelligence service development threatening the software industry. Shares of the company fell over 7 per cent in extended trading.While b ...
Lyft's weak adjusted core profit forecast, surprise 2025 loss send shares tumbling
Feb 10 : Lyft forecast first-quarter adjusted core profit below expectations on Tuesday, hit by severe U.S. winter weather, seasonal cost pressures, and posted a surprise operating loss for 2025, sending its shares down 15 per cent in after-hours trading.The forecast marks a setback for the ride-hai ...
Lyft's storm-hit outlook, 2025 surprise operating loss send shares tumbling
Feb 10 : Lyft forecast first-quarter adjusted core profit below expectations on Tuesday as severe U.S. winter storms weigh on demand, and reported a surprise operating loss for 2025, sending shares down 14 per cent after hours.The results are a setback for Lyft's comeback narrative, capping a y ...
Blackstone boosts stake in AI startup Anthropic to about $1 billion, source says
Feb 10 : Blackstone is increasing its investment in the Claude chatbot maker Anthropic, raising its stake to about $1 billion at a valuation of roughly $350 billion, a person familiar with the matter told Reuters on Tuesday.AI startups continue to attract heavy funding from global investors, driven ...
Stellantis seeks to exit battery venture with Samsung as EV losses mount, Bloomberg News reports
Feb 10 : Stellantis NV is looking to exit its U.S. battery joint venture with South Korea's Samsung SDI Co. as the automaker scales back its electric-vehicle ambitions, Bloomberg News reported on Tuesday, citing people familiar with the matter.Reuters could not immediately verify the report. St ...
Brazil's Agibank slashes US IPO size by over 50%, slices price range
Feb 10 : Brazilian fintech Agibank has downsized its U.S. initial public offering by more than 50 per cent and slashed the proposed price range, according to a regulatory filing on Tuesday.The Sao Paulo-based company now plans to sell 20 million shares between $12 and $13 apiece. It had earlier offe ...
Big Tech may have to do more to combat cyberbullying, EU says
BRUSSELS, Feb 10 : Online platforms may have to do more to fight cyberbullying, the European Commission said on Tuesday as it announced a slew of measures to tackle a problem that affects one in six children and sparked mounting concerns about their mental health.The European Union anti-cyberbullyin ...
Telegram's Durov reaffirms commitment to privacy amid new Russian curbs
MOSCOW, Feb 10 : Telegram founder Pavel Durov said on Tuesday that Telegram remains committed to protecting freedom of speech and user privacy "no matter the pressure".His comments came after Russia's state communications watchdog said that Telegram, an important platform for public a ...
Israel's FINQ launches US ETFs managed solely by AI
TEL AVIV/PROVIDENCE, Rhode Island, Feb 10 : Israel fund manager FINQ said on Tuesday it was entering the U.S. Exchange-Traded Funds market with two funds that will be solely managed by artificial intelligence, a nascent sub-sector where so far AI has only been used as a supporting tool. Portfolio de ...
Stocks mixed but world index hits record high; Treasury yields fall
NEW YORK, Feb 10 : Major stock indexes were mixed on Tuesday, with a world equity index and the Dow hitting record highs although other key U.S. indexes weakened, while Treasury yields fell after U.S. data suggested the economy may be softening.The yen was up again in the wake of Japanese Prime Mini ...
Stocks mixed but world index hits record high; Treasury yields ease
NEW YORK, Feb 10 : Major stock indexes were mixed on Tuesday, with a world equity index and the Dow Jones industrial average hitting record highs although other key U.S. indexes weakened, while Treasury yields fell after U.S. data suggested the economy may be softening.The Commerce Department said r ...
Stocks hit record highs; Treasury yields fall after US data
NEW YORK/LONDON, Feb 10 : Major stock indexes mostly rose on Tuesday, with a world equity index and the Dow Jones industrial average hitting record highs, while Treasury yields fell after U.S. data suggested the economy may be softening.The Commerce Department said retail sales were unchanged in Dec ...
AI disruption fears create buying chance in US software stocks, strategists say
NEW YORK, Feb 10 : The severity of the pullback in software stocks in recent days, driven by fears of advances in artificial intelligence disrupting the industry, has created opportunities for investors to position for a rebound in higher-quality stocks, strategists at JP Morgan said."The marke ...
Tesla names Europe executive to head global sales, Bloomberg News reports
Feb 10 : Tesla has named its head of European operations, Joe Ward, to oversee the company's sales globally, Bloomberg News reported on Tuesday, citing people familiar with the matter.The move follows the departure of Tesla's head of North American sales, Raj Jegannathan, marking the lates ...
Britain's financial regulator seeks to block crypto exchange HTX from UK social media
LONDON, Feb 10 - Britain's Financial Conduct Authority said on Tuesday it had asked social media companies and app stores to block access to crypto exchange HTX in the UK, stepping up efforts to prevent the group from promoting "illegal" crypto asset services.The regulator, which file ...
Kenya's Safaricom starts offering stock trading on its M-Pesa platform
NAIROBI, Feb 10 : Kenyan telecoms operator Safaricom on Tuesday launched stock trading for investors on its M-Pesa mobile phone financial platform, a move that could bring millions of new small investors into the bourse.M-Pesa was one of the global pioneers of mobile-phone-based money transfer servi ...
Dollar weakens after dour US economic data, yen continues winning streak
NEW YORK, Feb 10 : The U.S. dollar weakened against major currencies on Tuesday following data indicating slower growth in the U.S. economy, while the yen strengthened and was poised for a second straight session of gains after Prime Minister Sanae Takaichi’s election victory.U.S. Commerce Departm ...
Dollar trades lower against peers after weak data; yen continues winning streak
NEW YORK, Feb 10 : The U.S. dollar traded mostly lower against major currencies on Tuesday following data indicating slower growth in the American economy, while the yen strengthened and was poised for a second straight session of gains after Prime Minister Sanae Takaichi’s election victory.U.S. C ...
Tesla files complaint against union member for secretly recording works council meeting, memo shows
FRANKFURT, Feb 10 : Tesla has filed a criminal complaint against a member of the German IG Metall trade union for secretly recording a works council meeting that took place at its German plant on Tuesday, according a memo to staff seen by Reuters.Tesla confirmed the contents of the memo.An IG Metall ...
EU Parliament backs digital euro, aligns with Council on online‑ and offline‑ready currency
MILAN, Feb 10 : The European Parliament gave its first major backing to the digital euro on Tuesday, endorsing the European Council's negotiating stance for a central bank digital currency with both online and offline functionality.The endorsement matters because the European Central Bank needs ...
Instant View: Paramount adds sweeteners to Warner Bros bid
Feb 10 : Paramount Skydance has enhanced its Warner Bros Discovery bid by offering extra cash for each quarter the deal fails to close beyond this year and agreeing to cover the breakup fee the HBO owner would owe Netflix if it walked away.Here's what analysts and market experts are saying abou ...