Taiwan's ASE sees its advanced packaging business doubling to $3.2 billion in 2026
TAIPEI, Feb 5 : ASE Technology Holding, the world's largest chip packaging and testing provider, on Thursday said it expects its leading-edge advanced packaging business to double in size to $3.2 billion in 2026.The Taiwanese company made the comment on a conference call following its quarterly ...
Bitcoin slumps with key US$70,000 level in sight
Bitcoin tumbled more than 3% in the Asian session to US$70,052.38
Bitcoin falls below US$70,000 as market faces a ‘crisis of faith’
Bitcoin tumbled as low as US69,821 in early New York trading on Thursday
BT sees record fibre demand, stabilises overall customer losses
LONDON, Feb 5 : BT, Britain's biggest telecoms group, said it was seeing record demand from homes and businesses wanting to connect to its growing fibre network, helping reduce its overall customer losses.The group has been losing customers from its national Openreach fibre network to smaller r ...
UK's BT on track as broadband strengthens
LONDON, Feb 5 : BT, Britain's biggest broadband operator which also owns the EE mobile network, posted in-line quarterly results, and said its forecast for line losses this year had improved, putting it on track to meet its targets. BT, which is in the final stages of building its Openreach fib ...
UK's BT says on track to meet forecasts for the year
LONDON, Feb 5 : BT, Britain's biggest broadband operator which also owns the EE mobile network, posted a 4 per cent fall in quarterly revenue, in line with forecasts, and said it was on track to meet its targets for the year.
French Minister: 2026 will be year of resistance against Shein
PARIS, Feb 5 : Serge Papin, the French Minister for small and medium sized businesses, said on Thursday that 2026 will be the year of resistance against Shein and other on-line platforms which he accused of not being accountable for the products they sell.He told TV station TF1 that physical stores ...
Singtel to open Brazil sales office to better serve MNCs' digital needs
Nurdianah Md Nur - Singapore Telecommunications (Singtel) is planning to establish a sales office in Brazil to help multinational corporations (MNCs) accelerate digital transformation. Expected to be ready by the third quarter of 2026, the new sales office aims to strengthen enterprise connectivity between Latin Ameri ...
Malaysia sees further upside for ringgit, 2026 growth forecast
The ringgit has risen 3% this year after gaining around 10% in 2025
Nippon Steel widens full year net loss forecast to 70 billion yen
TOKYO, Feb 5 : Nippon Steel on Thursday widened its net loss forecast for the year through March to 70 billion yen ($446.12 million), after ending the nine months to December in the red.Japan's biggest steel maker previously expected a loss of 60 billion yen on charges related to a $15 billion ...
OCBC’s billionaire owners seen posing challenge for new CEO Tan Teck Long
The bank split the jobs of chairman and CEO in 1998, and have appointed outside professionals for both positions since 2003
Billionaire owners seen posing challenge for new OCBC chief Tan
Lee Tih Shih has long kept a firm grip on spending at the firm
'Software-mageddon' leaves investors bargain-hunting but wary
NEW YORK, Feb 5 : Wall Street's "Software-mageddon" has been snowballing. Now investors are debating whether it is time to warm up to the beaten-down stocks.The fallout for the software industry, which includes a handful of signature stocks of the recent bull market, reflects growing ...
Analysis:'Software-mageddon' leaves investors bargain-hunting but wary
NEW YORK, Feb 5 : Wall Street's "Software-mageddon" has been snowballing. Now investors are debating whether it is time to warm up to the beaten-down stocks.The fallout for the software industry, which includes a handful of signature stocks of the recent bull market, reflects growing ...
Average daily room rate at CDLHT’s upcoming Moxy Singapore Clarke Quay to ‘stabilise’ at $250
Jovi Ho - More than five years after CDL Hospitality Trusts (CDLHT) first announced plans for Moxy Singapore Clarke Quay, the manager of the trust unveiled more details for the upcoming 475-key hotel, which is projected to obtain its temporary occupation permit (TOP) around end-2026. Operated by Marriott Inte ...
Morning Bid: Skittish investors haunted by tech sell-off
Feb 5 - A look at the day ahead in European and global markets from Stella Qiu: Conviction was high that major U.S. tech firms would deliver another impressive quarter of strong sales and rosy outlooks and so investors added to their exposures before this earnings season. That has proved to be a cos ...
BYD shifts to local parts in Brazil factory in bid for market leadership
Since October, the automaker has produced about 25,000 cars at the industrial complex
Analysts lift target prices for Singtel after STT GDC deal – with highest upside over 10%
Shikhar Gupta - Maybank, DBS maintain ‘buy’ while Morningstar keeps conservative view
Singtel shares fall as much as 3.9% after 2-day rally on STT GDC deal
Shikhar Gupta - The telco and KKR will acquire the remaining 82% stake that they do not own in STT GDC
Singtel shares fall as much as 3.7% after 2-day rally on STT GDC deal
Shikhar Gupta - The telco and KKR will acquire the remaining 82% stake that they do not own in STT GDC
Singtel shares fall as much as 3.7% after two-day rally on STT GDC deal
Shikhar Gupta - The telco and KKR will acquire the remaining 82% stake that they do not own in STT GDC
Singtel shares close 2.6% lower after 2-day rally on STT GDC deal
Shikhar Gupta - The telco and KKR will acquire the remaining 82% stake that they do not own in STT GDC
Mitsubishi Corp 9-month net profit falls 27% to $3.9 billion
TOKYO, Feb 5 : Japanese trading house Mitsubishi Corp reported on Thursday a 26.5 per cent drop in net profit for the nine months to December to 607.9 billion yen ($3.88 billion), but maintained its full-year profit forecast. Mitsubishi forecasts net profit for the current fiscal year at 700 billion ...
Maas Group tumbles on AI pivot as $1.2 billion materials exit spooks investors
Feb 5 : Australia's Maas Group said on Thursday it would sell its building materials division for up to A$1.70 billion ($1.19 billion) to pivot towards artificial intelligence-related infrastructure, sending its shares crashing more than 26 per cent.Maas Group will sell its Construction Materia ...
Trillion-dollar tech wipeout ensnares all stocks in AI’s path
Software companies have spent the last few years developing their own AI tools
HP, Dell, Acer and Asus mull using Chinese memory chips amid supply crunch, Nikkei Asia reports
Feb 5 : PC makers HP, Dell, Acer and Asus are considering sourcing memory chips from Chinese chipmakers for the first time amid a global supply crunch that is threatening product launches and pushing up costs across the tech industry, Nikkei Asia reported on Thursday.Reuters could not immediately ve ...
AI boom lifts outbound travel as Singapore, Apac economies splurge abroad
Tan Nai Lun - Japan, South Korea and China see strong inbound travel amid demand for pop culture tourism
AI boom lifts outbound travel as Singapore, Apac economies ride gains abroad
Tan Nai Lun - Japan, South Korea and China see strong inbound travel amid demand for pop culture tourism
Apac economies like Taiwan, Singapore that gained from AI boom drive outbound travel in 2025: Visa
Tan Nai Lun - Japan, South Korea and China see strong inbound travel amid demand for pop culture tourism
Apac economies that gained from AI boom like Taiwan, Singapore drive outbound travel in 2025: Visa
Tan Nai Lun - Japan, South Korea, China see strong inbound travel amid demand for pop culture tourism
Sony lifts outlook after record quarterly profit, music and sensor units shine
The Japanese conglomerate also announces an expansion in its share buyback scheme
Sony lifts earnings targets after strong quarter, but PlayStation 5 sales slide
The Japanese conglomerate has, over the years, made a successful pivot from household electronics to entertainment
Indonesia to raise mandatory share of bioethanol in gasoline to 10% by 2028, official says
JAKARTA, Feb 5 : Indonesia plans to impose a mandatory bioethanol content level of 10 per cent for gasoline in 2028, energy ministry official Tri Winarno said on Thursday. Indonesia is aiming to expand the use of biofuels made from palm oil and sugar cane to reduce imports and become more energy-sel ...
Vietjet signs US$6.1 billion of agreements, launches Asia-Pacific Aviation Financial Hub at Singapore Airshow
Lionel Lim - Private carrier is key to Vietnam’s push to be a major regional aviation player
