Germany's Stark valued at more than 1 billion euros in funding round, says Manager Magazin
FRANKFURT, Feb 13 : Stark Defence took on new funding from investors a few weeks ago, increasing the overall value of the German startup firm and drone maker to more than 1 billion euros ($1.2 billion), Manager Magazin reported on Friday.Without specifying its sources, the magazine said Peter Thiel& ...
New MAS growth capital workgroup aims to close gap between private capital and public listings
Ranamita Chakraborty - Members include top executives from GIC, Temasek, Blackrock and DBS, along with public sector representatives
New workgroup to draw growth capital into Singapore
Kwan Wei Kevin Tan and Felicia Tan - The government will establish a Growth Capital Workgroup to support the financing needs of companies at various growth stages within Singapore and around the region, announced the Monetary Authority of Singapore (MAS) and the Ministry of Trade and Industry on Feb 13. The news comes after Prime Minis ...
MAS launches new workgroup to draw growth capital into Singapore
Kwan Wei Kevin Tan and Felicia Tan - The government will establish a Growth Capital Workgroup to support the financing needs of companies at various growth stages within Singapore and around the region, announced the Monetary Authority of Singapore (MAS) on Feb 13. The news comes after Prime Minister and Finance Minister Lawrence Wong ...
New growth capital workgroup led by Chee Hong Tat aims to close gap between private capital and public listings
Ranamita Chakraborty - Members include top executives from GIC, Temasek and DBS, along with public sector representatives
Japan's Sumitomo Forestry to acquire US builder Tri Pointe Homes for about $4.5 billion
TOKYO, Feb 13 : Japan's Sumitomo Forestry agreed to acquire U.S. homebuilder Tri Pointe Homes for $47.00 per share in cash, valuing the deal at about $4.5 billion, the companies said on Friday.The offer represents a 29 per cent premium to Tri Pointe Homes' closing price on Thursday, the co ...
Lum Chang Creations receives SGX nod for mainboard transfer from Catalist
Shikhar Gupta - Approval comes a day after it shared its first-half results
iX Biopharma's placement upsized to $15 mil, 150% higher over the minimum gross proceeds of $6 mil
Teo Zheng Long - In view of the strong investor demand, iX Biopharma (SGX: 42C ) has raised $15 million from a placement, up from an original plan to raise no less than $6 million. The placement is priced at 19.8 cents each, which is a discount of 7.1% to the volume weighted average price of 21.31 cents for trades d ...
IFAST share price dips despite strong earnings 4QFY2025 announcement; DBS maintains ‘buy’ at $12
Lin Daoyi - Despite announcing a strong performance for FY2025 with higher revenue and profits on Feb 12, shares in iFAST Corporation declined on Feb 13. While the market may be relatively pessimistic, DBS Group Research remains confident in iFAST. In a research note issued on Feb 12, DBS is reaffirming its “ ...
France-backed Eutelsat reports stronger revenue in Starlink push
PARIS, Feb 13 : Eutelsat on Friday reported better-than-expected revenue, bolstered by efforts from France to advance plans for a European competitor to Elon Musk's Starlink, boosting the satellite operator as it pivots to focus on internet services.Revenue for the first half of the year ended ...
DBS, BofA and UOB retain ‘buy’ on Singtel as 3QFY2026 tops expectations
Nurdianah Md Nur - DBS Group Research, Bank of America (BofA) Securities and UOB Kay Hian are keeping their bullish calls on Singapore Telecommunications (Singtel) after the telco’s 3QFY2026 results came in ahead of expectations, supported by resilient performance at Optus and stronger contributions from regional as ...
Capgemini exceeds revenue target as newly acquired WNS drives AI growth
Feb 13 : French IT services group Capgemini on Friday reported full-year revenue that beat its own target, driven by accelerating fourth-quarter growth as its recently bought WNS unit fuelled demand for AI-powered business process services. Revenue grew 3.4 per cent at constant exchange rates to 22 ...
CGS International keeps ‘add’ on Far East Hospitality Trust as it sees ‘a more exciting year ahead’
Teo Zheng Long - Lock Mun Yee and Li Jialin from CGS International are reiterating their ‘add’ call on Far East Hospitality Trust (SGX: Q5T ) (FEHT), but with a lowered target price of 72 cents, from 76 cents, following the latest FY2025 results. In their Feb 13 report, they see interest expense savings coming t ...
Lum Chang Creations receives SGX's nod to shift listing to Mainboard
The Edge Singapore - Catalist-listed urban revitalisation specialist Lum Chang Creations, which has listed just last July, has received in-principle approval from SGX to upgrade its listing to the Mainboard. For the six months ended Dec 31 2025, LCC reported earnings of $11 million, an increase of 104%. With effect from ...
Malaysia's economy grows at fastest pace in 3 years in 2025, exceeding expectations
KUALA LUMPUR, Feb 13 : Malaysia's economy expanded at its fastest pace in three years in 2025, surpassing expectations as strong domestic demand, exports and investment propelled growth, with momentum likely to continue this year, the central bank said on Friday. Full-year 2025 economic ...
Deutsche Bank’s private bank eyes hiring push in emerging markets
Global financial wealth reached an all-time high of US$305 trillion in 2024
China is snapping up overseas assets again, from Puma to metals
The turnaround is gathering momentum after a prolonged lull that began in the mid to late 2010s
Thailand’s Pheu Thai Party to join Bhumjaithai Party-led coalition
[BANGKOK] Thailand’s Pheu Thai Party, which came third in Sunday’s general election, will join poll winner Bhumjaithai Party to form a coalition...
Thailand’s election winner Bhumjaithai seals coalition deal with Pheu Thai
“We will work together as a government and manage the country so we can do good things for the country,” says Anutin...
Thai PM Anutin’s conservative party set to invite Thaksin-backed party to join new coalition
Thailand’s stocks and currency have rallied this week
Don’t forget Singapore’s retail investors amid broader stock market push
Kwan Wei Kevin Tan - By most conventional measures, the work of the Monetary Authority of Singapore’s (MAS) Equities Market Review Group has paid off. The flagship Straits Times Index (STI) generated over 28% total returns in 2025. In fact, on a five-year basis, the STI’s total returns were over 100% in Singapore do ...
Japan's core inflation likely eased in January for 2nd straight month
TOKYO, Feb 13 : Japan's core consumer inflation likely eased for the second straight month in January, a Reuters poll showed on Friday, due to falls in gasoline costs and a slower pace of food price increases. The nationwide core consumer price index (CPI) - which includes energy items but excl ...
Why SGX should not be seen as an afterthought
Felicia Tan and Kwan Wei Kevin Tan - For years, the Singapore Exchange (SGX) has been shunned because of its low liquidity and muted volatility, which often translates into smaller gains — if trades can be made. By contrast, markets such as the US’s New York Stock Exchange (NYSE) and Nasdaq have arguably offered better returns, mai ...
Chinese automakers’ need for speed comes with a price
Chinese regulators have taken notice of the drawbacks of short R&D cycles
More Singapore-listed companies tapping digital private-market exchanges
Frankie Ho - After more than a decade in the doldrums, Singapore’s stock market has stirred decisively back to life. From blue chips to mid-caps and even penny stocks, trading activity has surged since the middle of last year, with firmer valuations giving companies greater latitude to raise capital without he ...
Metro Holdings to revamp department stores as it rules out expansion
Samantha Chiew - Metro Holdings’ roots are in Singapore retail, with the group’s Metro Department Store business once a familiar household name across multiple locations. Today, that legacy retail segment has been scaled back to two department stores in Singapore — Metro Paragon on Orchard Road and Metro Cause ...
Uni-Asia’s shipping business continues to cruise along steadily amid global uncertainty
Lin Daoyi - Amid escalating global trade disputes, heightened geopolitical tensions, and an uncertain business environment, shipping — the anchor of international trade — is quietly cruising along as it has for centuries. Without much fanfare, the world’s fleet of merchant vessels is still conveying raw m ...
Malaysia’s economy grows 6.3% y-o-y in Q4, exceeding expectations
Full-year 2025 economic growth was 5.2 per cent
Malaysia’s economy expands 5.2% in 2025, Q4 growth hits three-year-high
Tan Ai Leng - Bank Negara expects stronger spending, exports and a firmer ringgit to lift growth momentum into 2026
CapitaLand downplays Mapletree merger rumours; preps second C-REIT IPO and data centre platform
Goola Warden - On Feb 11, during CapitaLand Investment’s (CLI) FY2025 results briefing, Lee Chee Koon, group CEO of CLI, remarked: “I think all of you are here today expecting some announcements. Yesterday, I received a number of WhatsApp messages from friends [and] media analysts.” He was referring to marke ...
Watch this space: Analysts upbeat on Singapore’s new space agency, but see no near-term lift for stocks
Young Zhan Heng - ST Engineering and local telcos are among the expected potential beneficiaries
Singaporeans flock to gold despite record-high prices ahead of Chinese New Year
Benicia Tan - Analysts attribute recent spikes in retail demand to wealth preservation seeking rather than festive buying
NTUC to roll out AI training pathways for workers at all skill levels, subsidy for AI tools
"NTUC must step up and step in to ensure that Singapore's transition into an AI-enabled economy is fair, inclusive and sustainable for all," says labour chief Ng Chee Meng.
StarHub profit slides 46% as telco transformation struggles against consumer decline
Nurdianah Md Nur - Operating profits as a guide to StarHub’s FY2025 earnings showed how hard it is to reshape a legacy telco while core businesses are still shrinking, even as enterprise services begin to show promise. Net profit attributable to shareholders fell 46% to $86.4 million in 2025 after a $14.1 million pa ...
