Japan's Nintendo maintains annual profit, hardware forecasts
TOKYO: Japan's Nintendo on Tuesday (Feb 3) maintained its annual operating profit forecast of ¥370 billion (US$2.4 billion), an increase of nearly a third over the previous financial year.The "Super Mario" maker launched its Switch 2 gaming device in mid-2025 with robust early sales, ...
SLA launches tender for pre-WWII heritage bungalow cluster at historic Adam Park site
Therese Soh - The successful tenderer is required to retain the rustic charm of the site, SLA says
Indigo puts focus on building resilience after operations glitch
Asia’s largest low-cost carrier is now back to operating more than 2,200 flights a day
China’s delivery price war starts to cool after regulatory probe
Chinese regulators have heightened scrutiny of the retail sector since 2025
RHB raises Starhill Global REIT’s TP to 66 cents from 60 cents previously
Douglas Toh - Following Starhill Global REIT’s 1HFY2026 ended December 2025 results, RHB Singapore analyst Vijay Natarajan is keeping his “buy” call on the REIT at a raised target price of 66 cents from 60 cents previously. He writes in his Feb 3 report: “Starhill Global REIT’s 1HFY2026 financials were ...
Billionaire Quek Leng Chan said to weigh taking Guocoland Malaysia private
The 82-year-old Malaysian tycoon has a net worth of US$7.4 billion, according to the Bloomberg Billionaires Index
Chinese energy drink maker Eastroc fails to pop in subdued Hong Kong debut
It makes functional beverages, which are drinks formulated with added ingredients such as electrolytes or vitamins
China’s Eastroc makes flat Hong Kong debut after raising HK$10.1 billion
The company manufactures and distributes beverages in China
Australia’s Qantas to exit Jetstar Japan to focus on domestic offerings
QANTAS Airways said on Tuesday (Feb 3) it would sell its stake in low-cost carrier Jetstar Japan to focus on its core...
RTX to invest S$139 million in Singapore through Collins, Pratt & Whitney
Shikhar Gupta - Pratt & Whitney will expand its Tuas footprint by 25%
PBOC’s key bank loan rate falls to record low bolstering growth
The decline in the borrowing cost is another example of the Chinese authorities’ drip-feed, low-key approach to revitalising a fragile economy
China’s solar power capacity on course to surpass coal this year
Most of the country’s new capacity is expected to come from renewables
Australia raises rates for first time in two years
Investors are now betting on a follow-up hike in May
Australia’s central bank raises cash rate 25bps to 3.85%
[SYDNEY] Australia’s central bank on Tuesday raised its cash rate by 25 basis points to 3.85 per cent, the first hike in...
China sees record coal plant bids even as usage declines: report
Beijing wants to shift coal from baseload supplier of electricity to a role supporting solar and wind, which fluctuate through the day
Australia's Qantas to exit stake in Jetstar Japan
Feb 3 : Australia's Qantas Airways said on Tuesday it would divest its 33.32 per cent minority stake in low-cost carrier Jetstar Japan to focus on its core domestic operations.
Gold rebounds more than 3% after sharp sell-off
Non-yielding bullion tends to perform better in low-interest-rate environments
DBS excited for Coliwoo's asset conversion opportunity
Samantha Chiew - DBS Group Research is keeping a "buy" call and 88 cents target price on co-living operator Coliwoo following its recent acquisition of Park Avenue Hotel Changi from ESR REIT for $101 million. See more: Coliwoo buys hotel at Changi Business Park from ESR-REIT for $101 mil The 250 room hotel ...
Singapore’s 2025 tourism receipts on track for new high after record 9-month performance
Elysia Tan - International visitor arrivals fall slightly shy of forecasts
Tesla introduces new Model Y variant in US priced at US$41,990
ELECTRIC-VEHICLE maker Tesla introduced a new variant of its Model Y vehicle in the United States priced at US$41,990, the company’s website...
From emerging to frontier market: Why MSCI’s potential downgrade hit Indonesia so hard
Deon Loke - Analysts have mapped out potential outcomes for Indonesia, ranging from a relief rally to a complete market exit
Toyota supplier Denso slashes full-year operating profit forecast on higher costs
TOKYO, Feb 3 : Japan's Denso, a major auto parts supplier to Toyota, slashed its full-year operating profit forecast by nearly a fifth reflecting drag from U.S. import tariffs and a hit from rising material and fixed costs.The company slashed its forecast for the fiscal year ending March 2026 b ...
Exclusive-SpaceX, xAI set share exchange ratio at 0.1433, source says
Feb 2 : Investors in Elon Musk's xAI will receive 0.1433 shares of SpaceX for every share of xAI as part of the satellite company's purchase of the billionaire entrepreneur's artificial intelligence company, a source familiar with the matter said on Monday.As part of the deal, some xA ...
Keppel division bags S$600 million in green projects, raising long-term contracted revenue to S$7.1 billion
Therese Soh - The sum is expected to be earned over 10 to 15 years
Uber enters first Asian market in years with Macau relaunch
The company previously operated in Macau but suspended its business in 2017
ST Engineering upgrades S’pore MRO service centre to include airframe and nacelle capabilities
Douglas Toh - Singapore Technologies Engineering (ST Engineering) has upgraded its existing maintenance, repair and overhaul (MRO) service centre in Singapore to include airframe and nacelle capabilities. In what the group says is a first for its global MRO network, the service centre now reduces operational comp ...
Kore closes 4.2% down after hitting 4-month intraday high on H2 results, early resumption of distributions
Therese Soh - Manager plans to start with a ‘conservative payout ratio’, which will be raised to a ‘sustainable level aligned with long-term portfolio performance’
Kore rises 8.3% to 4-month high after H2 results, early resumption of distributions
Therese Soh - Manager plans to start with a ‘conservative payout ratio’, which will be raised to a ‘sustainable level aligned with long-term portfolio performance’
Kore rises 8.3% after H2 results, early resumption of distributions
Therese Soh - The manager plans to start with a ‘conservative payout ratio’, which will be raised to a ‘sustainable level aligned with long-term portfolio...
Singtel shares close 4.7% up after hitting two-month high on anticipation of potential STT GDC acquisition
Therese Soh - The deal will be one of Asia’s largest data centre transactions if it goes through
Singtel shares up 4.5% after hitting two-month high on anticipation of potential STT GDC acquisition
Therese Soh - The deal will be one of Asia’s largest data centre transactions if it goes through
Singtel shares up 5.2% at two-month high on anticipation of potential STT GDC acquisition
Therese Soh - The deal will be one of Asia’s largest data centre transactions if it goes through
Singtel shares up 5.2% as investors anticipate telco’s potential acquisition of STT GDC
Therese Soh - The deal will be one of Asia’s largest data centre transactions if it goes through
Singtel shares up 3.7% as investors anticipate telco’s potential acquisition of STT GDC
Therese Soh - The deal will be one of Asia’s largest data centre transactions if it goes through
