Forest City reimagined
Samuel Tan - The dominant image of Forest City as a vast, under-occupied development remains its greatest challenge. Being tagged as a “Ghost City” creates a vicious cycle: a lack of vibrancy deters buyers and tenants, which in turn reinforces the image of emptiness. This negative narrative is often amplifie ...
Figma jumps as AI push boosts software design spending
Feb 19 : Shares of Figma rose around 14 per cent before the bell on Thursday as investors cheered the software design provider's strong revenue forecasts and commentary around its artificial intelligence ambitions.Figma has become a popular choice for design among diverse groups, including ente ...
Extension of eight-person occupancy cap for rental units addresses issue of quantity but not quality
Ernee Ong - Singapore has extended the temporary relaxation of the eight-person occupancy cap for rental of larger residential properties for another two years through to 2028 — an admission that the rental market remains tight despite new supply coming online. The occupancy cap was first relaxed in January 2 ...
Data centres go mainstream in CBRE’s investor survey, with price growth seen to outpace other assets
Jovi Ho - Data centres have proven so popular among real estate investors that CBRE has upgraded the asset class to “mainstream” subsector status in its latest Asia Pacific Investor Intentions Survey, placing it alongside traditional property sectors like office, industrial and logistics, residential, ret ...
Singapore stocks rise, tracking regional gains; STI up 1.3%
Ranamita Chakraborty - Across the broader market, gainers outnumber decliners 316 to 142, after 1.4 billion securities worth S$2.1 billion change hands
LTA awards two Downtown Line extension contracts worth S$735 million
Shikhar Gupta - Construction works for the new stations are expected to start in the second quarter of 2026
Mega-what? Capex, depreciation could rise as data centres focus on AI
Goola Warden - Data centre developments today are much more capital-intensive than in the past. The costlier fit-out means REIT managers and investors must account for more depreciation Data centres in REITs provide investors with a conundrum. These buildings form a major part of the value chain for artificial int ...
Maybank starts Addvalue Tech at ‘buy’ with target price of 12 cents
Felicia Tan - Maybank Securities’ Jarick Seet has initiated coverage on Addvalue Technologies with a “buy” call and a target price of 12 cents. Seet’s target price represents an upside of 45% and is based on a blended FY2027/FY2028 P/E of 35 times. “Addvalue Technologies is one of the rare profitable, h ...
Philippine central bank cuts policy rate, says outlook uncertain
MANILA, Feb 19 : The Philippine central bank cut its key rate for a sixth straight time on Thursday to support growth, adding that the outlook for policy depends on how quickly confidence in the economy returns.The move to lower the overnight reverse repurchase rate by 25 basis points to 4.25 per ce ...
Rio Tinto misses annual profit view on iron ore challenges
Weaker iron ore prices weigh on its core business, but copper prices having risen 8% in 2025 blunt the impact of iron...
DBS upgrades Genting to ‘buy’ amid huge cash reserves, constructive gaming environment
Therese Soh - It has issued a target price of S$0.90, 12.5% above its closing price of S$0.80 on Thursday
Aman Group unveils 57-unit branded residences Janu Dubai alongside 150-key hotel
Jovi Ho - Swiss-headquartered ultra-luxury hospitality company The Aman Group has unveiled Janu Dubai, the brand’s first residential offering in the Middle East. Set in Dubai International Financial Centre (DIFC), Janu Dubai follows the opening of Janu Tokyo in 2024. Designed by Pritzker Prize-winning archi ...
Nissan to recall about 643,000 US vehicles
Feb 19 : Nissan is recalling 642,698 Rogue vehicles in the U.S. as part of two separate recalls, over issues that could cause a loss of drive power , the U.S. National Highway Traffic Safety Administration said on Thursday.
Nissan to recall about 643,000 SUVs in US over engine, gear issues, NHTSA says
Feb 19 : Nissan is recalling 642,698 Rogue SUVs in the U.S. as part of two separate recalls, over issues that could cause loss of drive power, the U.S. National Highway Traffic Safety Administration said on Thursday. Nissan is recalling 318,781 Rogue SUVs over broken throttle body gears, the regula ...
Bank Indonesia holds rates steady, focus remains on rupiah
Bank Indonesia (BI) kept the benchmark 7-day reverse repurchase rate at 4.75%
Tenants await outcome of The Centrepoint’s partial collective sale effort
[SINGAPORE] The first 30 years of business for Optics Premier, located in the rear block of The Centrepoint, were a boom time,...
Sea and Google ink partnership to develop AI-powered tools
Benjamin Cher - This involves all three of Sea’s business units – Garena, Shopee and Monee
UOB, MBS and STB team up with Disney Cruise Line to promote Disney Adventure on her first cruise in Asia
The Edge Singapore - United Overseas Bank with precinct partners Marina Bay Sands (MBS), Singapore Tourism Board (STB) along with Disney Cruise Line, will light up the Singapore skyline with a show over three nights, from March 13 to 15. The show will part of a two-month long nautical-themed festivities titled “Advent ...
Ambani's Reliance will invest $110 billion in AI
Feb 19 : India's Reliance Industries and its unit Jio will invest 10 trillion rupees ($110 billion) over the next seven years in artificial intelligence, billionaire Chairman Mukesh Ambani said on Thursday.($1 = 91.0870 Indian rupees)
India's Reliance to build AI data centres in $110 billion investment push
NEW DELHI: India's Reliance Industries and telecoms arm Jio will invest $109.8 billion over the next seven years to build artificial intelligence and data infrastructure, its billionaire chairman Mukesh Ambani said on Thursday (Feb 19).Speaking at the AI Impact Summit in New Delhi, Ambani said ...
Hotel group Accor narrowly beats profit expectations in 2025
Feb 19 : French hotel group Accor reported annual core profit just above market expectations on Thursday, supported by the diversification of its hotel portfolio and the expansion of its loyalty program.The group said its earnings before interest, taxes, depreciation and amortisation (EBITDA) were 1 ...
Airbus softens output goal amid Pratt & Whitney engine delays
The two companies have said they have yet to conclude an agreement on volumes for either 2026 or 2027
South Korean court hands life term to ex‑president Yoon for insurrection
Prosecutors had sought the death penalty in the case, closely watched in a deeply divided country
Ousted Korean President Yoon sentenced to life imprisonment over 2024 martial law declaration
Masterminding an insurrection carries a maximum sentence of the death penalty or life imprisonment under South Korean law
Goldman-backed MBO raises bid for Japan's Raksul to $730 million
TOKYO, Feb 19 : A Goldman Sachs-backed management buyout offer (MBO) for Japanese digital printing firm Raksul was increased by 11 per cent on Thursday after investor criticism of the proposed deal, and the tender period extended to March 9.A fund established by Goldman Sachs said in a statement tha ...
Goldman-backed management buyout offer for Japan's Raksul sweetened by 11%
TOKYO, Feb 19 : A Goldman Sachs-backed management buyout offer for Japanese digital printing firm Raksul has been lifted by 11 per cent after investor criticism of the deal, and the tender offer period is now set to run to March 9.A fund established by Goldman Sachs said in a statement that the offe ...
StanChart Singapore rolls out first ESG-linked cash account for a local company
Chloe Lim - It integrates STT GDC’s key ESG performance indicators and sustainability performance targets to reward progress
OpenAI to partner with Tata for AI data centre buildout in India
One pillar of the agreement will be TCS’s development of a 100 megawatt data centre that may be expanded to one gigawatt
Samsung shares rise to record after report on higher chip price
After initially falling behind smaller SK Hynix in the early days of the AI race, the company has been mounting a comeback
Microsoft says it does not think US ICE uses firm's tech for mass surveillance of civilians
WASHINGTON, Feb 18 : Microsoft said on Wednesday it did not think the U.S. Immigration and Customs Enforcement agency was using its technology for mass surveillance of civilians but added that it provided cloud-based productivity and collaboration tools to ICE.The statement from the technology compa ...
S&P says reviving investor confidence is key for Indonesia’s sovereign support
S&P noted authorities are addressing problems in the Indonesian stock market
Bill Gates cancels keynote address at India AI summit
Gates and Epstein met repeatedly after Epstein’s prison term
BBVA plans to start Japan brokerage in first for Spanish bank
The Bilbao-based lender has operated a commercial banking business in the country since 2005
Asian markets rally after Wall St tech-led gains
HONG KONG: Tech firms led gains across Asian equities on Thursday (Feb 19) following a positive lead from Wall Street, where traders also welcomed strong United States data that suggested the world's top economy remained in rude health.The advances came even as the figures tempered expectations ...
