Seatrium divests $155.4 mil of non-core assets, expects $50 mil in annualised cost savings
The Edge Singapore - Seatrium has made a series of divestments of non-core assets totalling $155.4 million which it says will help achieve some $50 million in annualised cost savings with better streamlined operations. The company expects to make further divestments down the road. According to Seatrium on Feb 23, the co ...
CapitaLand Ascott Trust acquires three rental housing properties in Japan for JPY4.6 bil
Jovi Ho - CapitaLand Ascott Trust (CLAS) has acquired three freehold rental housing properties in Southern Kanagawa, Greater Tokyo, Japan for a total consideration of JPY4.6 billion ($38.3 million) from Patience Capital Group, an unrelated third party. The properties have an average occupancy of over 95% and ...
Raffles Medical posts 13.4% growth in FY2025 earnings to $70.6 mil
Samantha Chiew - Raffles Medical Group posted a 13.4% increase in its FY2025 ended December earnings to $70.6 million from $62.2 million a year ago. For FY2025, Patmi increased 13.4% to $70.6 million, driven by improved performance from the Hospital Services and Insurance businesses, as well as fair value gains on i ...
Stocks to watch: UOI, Seatrium, Parkway Life Reit, Clas, Raffles Medical, Vicom, Concord New Energy
Chloe Lim - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Feb 23):
Seatrium targets over S$50 million in savings through asset divestments
Deon Loke - This follows a series of transactions involving shipyards, tugboats and equipment across Singapore and Indonesia
Jardine C&C's offers investors two Asean growth engines: DBS
The Edge Singapore - DBS Group Research has initiated coverage on Jardine Cycle & Carriage with a "buy" call and $38.50 target price, given its two key growth engines driving the industrial development of Indonesia and Vietnam. JC&C is a "compelling vehicle" for investors keen for some exposu ...
Rolls-Royce to return as much as £1.5 billion to shareholders in buyback: report
[BENGALURU] Rolls-Royce Holdings is expected to announce alongside its annual results this week that it will launch a fresh share buyback worth...
Asia shares hesitant, dollar slips amid tariff confusion
SYDNEY, Feb 23 : Share markets were hesitant and the dollar slid in Asia on Monday as investors waited for some much-needed clarity on U.S. tariffs, while confidence in the entire AI trade was set to be tested by results from tech-diva Nvidia this week. Oil prices eased ahead of another round of ta ...
Wall St futures, dollar drop amid US tariff tumult
SYDNEY, Feb 23 : Wall Street futures and the dollar slid in Asia on Monday as confusion over U.S. tariffs revived the "sell America" trade, while confidence in the entire AI sector was set to be tested by results from tech-diva Nvidia this week.Gold gained and oil prices eased ahead of ano ...
Raffles Medical H2 profit rises 21.7% to S$38.5 million; shares surge 5.9% to one-year high
Deon Loke - This is mainly due to improved performance from its hospital services and insurance businesses
Raffles Medical H2 profit rises 21.7% to S$38.5 million; shares hit one-year high of S$1.08
Deon Loke - This is mainly due to improved performance from its hospital services and insurance businesses
Raffles Medical H2 profit rises 21.7% to S$38.5 million
Deon Loke - This is mainly due to improved performance from its hospital services and insurance businesses
Digital Core Reit pivots to ‘offensive’ strategy, targets doubling asset base in 3 years
Young Zhan Heng - Its manager looks to capital recycling and sponsor-backed deals to scale
No more cheap kopi: the price of Johor’s investment boom
Tan Ai Leng - As Malaysia’s southern state transforms into an investment powerhouse, rising rents, traffic and costs test residents’ resilience
SGX must find ‘sweet spot’ in culling underperforming firms as regional peers tighten curbs: market experts
Ranamita Chakraborty - The challenge lies in balancing market quality with competitiveness, say market observers
Nasdaq consolidates below key highs
In February 2026, the Nasdaq Composite found itself at a technically pivotal juncture following the formation of a double top pattern near...
DBS, OCBC, UOB may grab attention as Fed shifts stance, copes with new tariff uncertainty
Ben Paul - Even if interest rates are bottoming, the normalisation of net interest margins at the three banks may continue through 2026
US trade chief says no countries have said they will withdraw from tariff deals
"I haven't heard anyone yet come to me and say the deal is off," Jamieson Greer said.
Hollywood merger threatens movie theatres just as they recover
Netflix’s plan to buy Warner Bros Discovery may squeeze theatrical releases, analysts say
India delays US trade talks after Supreme Court rejects Trump tariffs: Source
The delegation had been set to leave on Sunday for talks to finalise an interim trade deal.
Indonesia faces record share sales to meet free-float goal
The push is aimed at heading off a potential downgrade to frontier market status by MSCI
Gold gains as traders mull next Trump moves after tariff ruling
The dollar falls as much as 0.3%, lifting gold as much as 1.6%
JPMorgan concedes it closed Trump's accounts after Jan 6 attack
Donald Trump's accounts were debanked - this occurs when a bank closes the accounts of a customer or refuses to do business with a customer in the form of loans or other services.
Ascott, Frasers scale up in China rental housing to tap fast-growing market
Chong Xin Wei - Hospitality players are banking on a mindset shift driving young professionals into premium rentals
Data centre S-Reits stay resilient on AI tailwinds
[SINGAPORE] Pure-play data centre (DC) real estate investment trusts in Singapore (S-Reits) have delivered resilient financial performance in their latest results ended...
India’s AI summit: Where big ambitions met hard realities
In the spotlight are the country’s drive to innovate and lead, as well as its infrastructure constraints and dependence on foreign tech
Asian economies weigh impact of fresh Trump tariff moves, confusion
Analysts say more responses from the US president are likely after the Supreme Court decision
China defies global ‘AI scare trade’ as investors chase winners
Bullish ratings from Wall Street banks including Morgan Stanley are fuelling the optimism
Customised battery packs for Tesla OBUs meet international safety standards: LTA
The device does not charge continuously
DBS to impose 12-hour cooling period for adding new payees, raising daily transfer limits
The change will take effect on Mar 7
‘Not how humans act’: How agentic AI is changing cyberattacks
The only viable defence is to fight fire with fire
US Justice Department probes Netflix’s power over film-makers in Warner Deal review
The broad scope is a strong sign that it will take months before the United States decides whether to challenge the deal...
How a US$15 million Chinese pork deal turned into a cautionary tale for foreign investors
Behind-the-scenes moves, including a surprise restructuring, have left Chuming Group’s backers vexed and puzzled
UAE foils cyber attacks, state news agency says
Feb 21 : The United Arab Emirates has thwarted organised cyber attacks targeting the country's digital infrastructure and vital sectors, the state news agency said on Saturday.The attacks "included attempts to infiltrate networks, deploy ransomware and conduct systematic phishing campaigns ...
