HSBC Private Bank expands start-up wealth offering in Singapore as founders eye growth
Samantha Chiew - HSBC has launched an enhanced entrepreneurial wealth proposition in Singapore, targeting a growing pool of founders and business owners diversifying internationally amid geopolitical uncertainty and a rebound in capital markets. The bank is positioning the city-state as a hub where entrepreneurs can ...
One swallow does not make a summer: China’s AI IPOs excite, but uncertainty lies ahead
Kwan Wei Kevin Tan - Just over a year ago, Chinese AI start-up DeepSeek spooked markets. The Jan 20, 2025, release of the flagship R1 model took the world by storm, sending its iOS app to the top of Apple’s App Store in the US. That was just the beginning. DeepSeek’s runaway success triggered a massive sell-off in U ...
Enjoying the view, checking the parachute
Jeffrey Lee - To investors, it is always reassuring to see their investment portfolios in the green. Those who have maintained exposure to US and Chinese equities in 2025 have been well rewarded, often outperforming the sceptics and doom-mongers. By many measures, the current equity cycle has been historic. To pu ...
Bitcoin plummets, driving US$2 trillion tumble in crypto market value
Bitcoin has already fallen 17 per cent for the week, taking its losses for the year so far to 28 per cent.
Indonesian markets face more pressure after Moody's cuts outlook
JAKARTA, Feb 6 : Markets in Indonesia could come under more pressure on Friday after Moody's lowered the nation's credit rating outlook, the latest jolt in a turbulent start to the year for Southeast Asia's largest economy.Moody's said on Thursday it had cut Indonesia's cred ...
Singapore, Asia markets bleed as Wall Street rout deepens; YZJ Shipbuilding sinks 5.6%
Shikhar Gupta - Shipbuilder’s shares likely affected by a drop in Maersk earnings, potential layoffs
Singapore, Asia markets bleed as Wall Street rout deepens; YZJ Shipbuilding sinks over 5%
Shikhar Gupta - Shipbuilder’s shares likely affected by a drop in Maersk earnings, potential layoffs
Singapore, Asia markets mostly down at midday after Wall Street rout; YZJ Shipbuilding sinks 5.6%
Shikhar Gupta - Shipbuilder’s shares likely affected by a drop in Maersk earnings, potential layoffs
BOJ policymaker calls for timely rate hike to manage inflation
MATSUYAMA, Japan, Feb 6 : The Bank of Japan must raise interest rates in a timely fashion to prevent underlying inflation from surpassing its 2 per cent target, central bank board member Kazuyuki Masu said on Friday, keeping alive the chance of a near-term rate hike.Masu said he believes Japan' ...
BOJ board member Masu calls for timely interest rate hikes
MATSUYAMA, Japan, Feb 6 : Bank of Japan board member Kazuyuki Masu said on Friday the central bank must raise interest rates in a timely fashion to avoid underlying inflation from exceeding its 2 per cent target.Masu said he believes Japan's underlying inflation remains below 2 per cent but is ...
RHB's Yeo raises Frencken's target price to $2.03 with demand picking up from customer restocking
The Edge Singapore - Alfie Yeo of RHB Bank Singapore has kept his "buy" call and raised his target price for Frencken Group to $2.03 from $1.66, as he turns more bullish on this counter with a more "robust growth outlook, strong economic fundamentals in Malaysia and Singapore". And of course, its key ...
Singtel straps on more engines for growth beyond 2028
The Edge Singapore - The Straits Times Index is at record levels and Singapore Telecommunications (Singtel) shares have doubled since the start of 2024. Operational turnaround helped, as the company bit the bullet and wrote down struggling investments in ill-fated new ventures. The kicker for the current run, however, i ...
Rolls-Royce admits Thai Airways shortfall, plots aggressive regional comeback
Shikhar Gupta - RR is rolling out the final phase of its upgraded Boeing 787 engine, the Trent 1000 XE, this quarter
OUE REIT gets higher target prices with lower financing costs and operational growth
Teo Zheng Long - Several analysts have raised their target prices for OUE REIT (SGX: TS0U ) despite a “stable” set of FY2025 numbers, as they expect better performance ahead as financing costs dip further, while operational performance holds steady. Analysts from OCBC Group Research, CGS International, DBS Group ...
UOBKH's Loh raises Keppel target price to $13.23, cheers higher dividends
The Edge Singapore - Adrian Loh of UOB Kay Hian has raised his target price for Keppel from $11.70 to $13.23, following what he calls a "strong" set of FY2025 numbers, where the company pleased shareholders with higher dividends, along with guidance for more. For the year ended Dec 2025, the company's net ...
STI may remain rangebound, with support at 4,800 and 4,735 points; resistance around 5,000 points
Felicia Tan - The Straits Times Index (STI) has been teasing eager market watchers by going closer (but not quite there yet) to the 5,000 mark. The STI closed at its all-time high of 4,975.87 points on Feb 6, but previous all-time highs saw the STI dipping to below the 4,900 mark. Last weekend, The Edge Singapore ...
Nam Cheong’s turnaround inspires bullish calls from DBS, CGSI
Lin Daoyi - Large-cap stocks have been the focus of most market watchers as the Straits Times Index scales new heights over the last two years. However, with blue-chip stock prices running ahead of themselves, some investors are tempted to seek out undervalued sectors and stocks. The offshore and marine (O& ...
BYD’s US$60 billion wipeout points to deeper turmoil for China EVs
The company shares now trade at around 15 times forward earnings estimates, below their three-year average of 18
Brokers' Digest: Starhill Global REIT, Coliwoo, CSE Global, Nordic, Genting Singapore
The Edge Singapore - Starhill Global REIT Price target: RHB Bank Singapore ‘buy’ 66 cents Valuations remain attractive Following Starhill Global REIT’s (SGX: P40U ) results for 1HFY2026 ended Dec 31, 2025, RHB Singapore analyst Vijay Natarajan is keeping his “buy” call on the REIT at a higher target price of 6 ...
South Korea’s ETF boom puts assets on track to overtake Taiwan
The two tech-heavy Asian markets have been a focal point in recent years, thanks to a global frenzy sparked by the rise...
Stocks to watch: CICT, Nio, Clar, CDL, HPH Trust, Low Keng Huat, First Reit
Therese Soh - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Feb 6):
Roblox forecasts strong annual bookings as gaming platform momentum grows
Roblox forecast fiscal 2026 bookings of between US$8.28 billion and US$8.55 billion, above estimates
SiTime tech could go into billions of Renesas chips, SiTime CEO says
SAN FRANCISCO, Feb 5 : SiTime's technology could eventually end up in billions of chips from Japan's Renesas, SiTime's chief executive said on Thursday.SiTime's shares closed up 17.9 per cent on Thursday, the first day of trading after it announced a deal worth up to $3.2 billion ...
Winklevosses’ Gemini to cut jobs, scale down in crypto retreat
The twins have donated millions of dollars to causes supporting US President Donald Trump and the Republican party
CapitaLand Integrated Commercial Trust’s H2 DPU rises 9.4% to S$0.0596
Shikhar Gupta - Distributable income up 16.4% at S$449 million
Exclusive-The sale of xAI comes with tax, financial and legal benefits for xAI and SpaceX investors
NEW YORK, Feb 5 : Elon Musk used a common two-step merger process in SpaceX's purchase of xAI that had the dual benefit of avoiding the repayment of billions of dollars in debt while giving shareholders a tax advantage, according to people familiar with the transaction. It also protects Space ...
Japan's Kirin to sell Four Roses bourbon brand to Gallo for $775 million
Feb 6 : Japanese brewer Kirin Holdings said on Friday it will sell its Kentucky bourbon brand Four Roses to E&J Gallo Winery of the U.S. for up to $775 million.Kirin, which bought Four Roses in 2002, said it was looking to complete the deal in the second quarter. The sale will allow Kirin to &qu ...
Piyush Gupta to be Keppel chairman: What the ex-DBS chief has been up to post-retirement
Deon Loke - From moderating conferences to traveling, Gupta has been engaged with a variety of activities
Piyush Gupta’s post-retirement life: What the ex-DBS chief has been up to since leaving Singapore’s biggest bank
Deon Loke - The Business Times looks at his relentlessly busy second act
Rio walks away from Glencore mega merger on price impasse
The idea of a combination of the two companies has been discussed several times over more than a decade
CICT's 2HFY2025 DPU up 9.4% to 5.96 cents; full-year payout at 11.58 cents
The Edge Singapore - Even with a larger unit base, CapitaLand Integrated Commercial Trust's (CICT) 2HFY2025 distribution per unit (DPU) is up 9.4% y-o-y to 5.96 cents, driven by a combination of contributions from ION Orchard, step-up acquisition of CapitaSpring’s commercial component, stronger performance from e ...
Margin relief lifts outlook for DBS, OCBC and UOB, extending Singapore bank rally
Tan Nai Lun - Sentiment remains largely positive on the sector amid resilient asset quality, steady capital returns
News Corp beats quarterly revenue estimates on growth in Dow Jones unit
Its total revenue of US$2.36 billion for the quarter beat analysts’ estimates
Michael Saylor’s crypto project pounded after US$12.4 billion loss
Strategy holds over 713,000 Bitcoin, valued at about US$46 billion
