Deliveroo's Singapore exit may lead to higher fees, fewer discounts, analysts say
With Grab and Foodpanda as the two major food delivery platforms remaining, experts say merchants and riders may eventually see higher commissions and weakened bargaining power.
ECB sees no wave of AI-led layoffs yet, Lagarde says
FRANKFURT, Feb 26 : Artificial intelligence is boosting productivity in the euro zone but it is not yet causing a wave of layoffs due to greater automation of labour, European Central Bank President Christine Lagarde said on Thursday."What we are seeing for the moment is that it's increasi ...
Maybank’s FY2025 net profit gains 4.2% y-o-y to RM10.5 bil, Maybank Singapore sees meaningful growth
Samantha Chiew - Maybank Group announced an increase in net profit to RM10.51 billion, up 4.2% y-o-y for FY2025 ended Dec 31, 2025. This was underpinned by steady income growth, disciplined cost management and resilient asset quality. Profit before tax (PBT), meanwhile rose 4.6% y-o-y to RM14.33 billion, reflecting ...
Budget 2026: Over-reliance on taxing the rich risks shifting burden to middle class, says PM Wong
Tessa Oh - Singapore will not pursue ‘jobless growth’, the prime minister pledges in his round-up speech
Deutsche Telekom beats Q4 core profit expectations
[BONN] Deutsche Telekom reported fourth-quarter core profit slightly above analyst expectations on Thursday (Feb 26), despite the impact of a weaker US...
Worst is over for Delfi, better days ahead
Samantha Chiew - For FY2025 ended Dec 31, chocolate confectionery company Delfi Limited has reported patmi of US$33.2 million, a y-o-y decline of 2.1%. Total net sales amounted to US$500.1 million, representing a slight y-o-y decrease of 0.5%. On a constant currency basis, net sales would have increased by 0.3%. Del ...
CapitaLand Development, ConcreteZero launch S’pore’s first market-wide carbon benchmark for concrete
Jovi Ho - CapitaLand Development (CLD) has contributed to Singapore’s first market-wide reference for examining the carbon footprint of concrete, created in collaboration with global coalition Climate Group’s ConcreteZero initiative. The Concrete Data for Concrete Action benchmark, published on Feb 26, wi ...
Thai Airways eyes 5% revenue growth as it adds jets, expands in Asia
The state-controlled carrier posts a full-year net income of 30.9 billion baht in 2025
CapitaLand Development and green group launch carbon footprint benchmark for concrete
Janice Lim - It aims to provide industry players in the value chain the data to identify and choose lower-carbon options
CapitaLand Development and green group launch Singapore’s first carbon footprint benchmark for concrete
Janice Lim - It aims to provide industry players in the value chain the data to identify and choose lower-carbon options
Nikkei crosses 59,000 for first time on software rally; gains shrink on profit taking
[TOKYO] Japan’s Nikkei share average surpassed the 59,000 mark for the first time on Thursday (Feb 26), led by software-related shares as...
Maybank posts higher Q4 earnings despite revenue decline
Tan Ai Leng - Singapore’s operations stay resilient while Indonesia posts a sharp earnings rebound
Australia union seeks urgent talks with WiseTech over AI‑driven job cuts
Feb 26 : An Australian trade union has sought an urgent meeting with WiseTech Global after the software firm announced it would cut about 2,000 jobs as part of a two‑year artificial intelligence-linked restructuring.Professionals Australia, which represents tech and engineering workers, said on Th ...
Mixed sentiments on Genting Singapore
Samantha Chiew - Genting Singapore (GENS) recently announced its FY2025 ended December 2025 results, which garnered mixed sentiments from the street. To recap, the Resorts World Sentosa (RWS) operator reported a 33% y-o-y drop in its FY2025 earnings to $390.3 million, on the back of a 3% dip in revenue to $2.45 bill ...
Maybank upgrades SIA to 'hold'; DBS, UOB Kay Hian maintain respective calls but raise target price
The Edge Singapore - Liu Miaomiao and Eric Ong of Maybank Securities have upgraded their call for Singapore Airlines from "sell" to "hold", as they see "robust" operating profit growth, along with a stabilisation in passenger yield. For the quarter ended Dec 2025, SIA's revenue grew by ...
Nidec founder Nagamori resigns as chairman emeritus, company says
TOKYO, Feb 26 : Japanese electric motor maker Nidec said on Thursday that founder Shigenobu Nagamori had resigned as the company's chairman emeritus.The move comes less than three months after Nagamori stepped down as chairman and resigned from the board amid an investigation into accounting ir ...
Founder of scandal-hit Nidec resigns as chairman emeritus
TOKYO, Feb 26 : Japanese electric motor maker Nidec on Thursday said its founder, Shigenobu Nagamori, has resigned as chairman emeritus, amid an investigation into accounting improprieties involving a Chinese subsidiary.Nidec's announcement comes less than three months since Nagamori resigned a ...
DBS Group Research maintains ‘buy’ on Stoneweg Europe Stapled Trust with slightly higher target price
Teo Zheng Long - Dale Lai of DBS Group Research is keeping his “buy” recommendation on Stoneweg Europe Stapled Trust (SGX: SET ) (SERT) with a target price of EUR1.90, following the recent FY2025 results. Gross revenue for FY2025 rose 0.8% y-o-y to EUR214.6 million and net property income (NPI) increased 2.5% y- ...
Schneider beats profit expectations on data center demand
Feb 26 : French industrial group Schneider Electric on Thursday reported stronger-than-expected core earnings, driven by robust data centre demand, and provided 2026 expectations that analysts saw as conservative.The company also announced that its CFO Hilary Maxson would leave the company on April ...
Schneider beats profit expectations as data center demand offsets weak dollar
Feb 26 : French industrial group Schneider Electric on Thursday reported stronger-than-expected core earnings, driven by robust data centre demand, supporting its 2026 outlook despite pressure from a weakening dollar.The group reported triple-digit year-on-year growth within its pure data centre seg ...
Apple in talks with banks to start payment service in India, Bloomberg News reports
Feb 26 : Apple is in talks with several Indian banks and global card networks as it prepares to launch its Apple Pay service in India, Bloomberg News reported on Thursday, citing people familiar with the matter. The iPhone maker is in talks with ICICI Bank, HDFC Bank and Axis Bank, as it aims to int ...
Rare earth shortages worsen in US aerospace, chips despite trade truce: sources
Engine makers are already struggling to meet demand for spare parts from airlines and higher production by planemakers
After a year, Indonesia’s Danantara under pressure to prove governance and returns
Elisa Valenta - As the sovereign investment vehicle enters its second year, analysts expect greater focus on performance metrics
Budget 2026: Retail, F&B rents make up lower share of business costs in last few years
Tessa Oh - Rent increases have also trended below nominal GDP growth and inflation in recent years, says PM Wong
NUHS partners with GSMA Foundry to advance 5G, AI-enabled hospitals
Nurdianah Md Nur - Singapore’s National University Health System (NUHS) has signed a strategic agreement with the GSMA’s innovation arm to accelerate the deployment of 5G and artificial intelligence (AI) across clinical environments. Under the tie-up with GSMA Foundry, NUHS will combine 5G private networks with di ...
Societe Generale expands Japan credit business with Santander, UBS hires
Banks in countries from Canada to Spain have been competing for talent in the Asia’s third-largest economy
OCBC's Lim trims SingPost's fair value to 40 cents following 3QFY2026 updates
The Edge Singapore - Ada Lim of OCBC Group Research has kept her "hold' call on Singapore Post but with a lower fair value of 40 cents from 43 cents, after the postal operator provided 3QFY2026 updates indicating further drops in volumes handled. For the three months to Dec 2025, SingPost's revenue was do ...
China Aviation Oil H2 net profit up 68.3% at US$60.5 million
Therese Soh - It recommends a final dividend per share of S$0.0496 for the financial year ended Dec 31
Li Ka-shing sheds key UK power asset in makeover for new era
The power asset sales comes as CK Hutchison’s proposed sale of 43 global ports grows more complicated
CAO FY2025 earnings up 41.69% to US$110.64 mil, a record high
The Edge Singapore - Jet fuel supplier China Aviation Oil has reported revenue of US$16.9 billion for its FY2025, an increase of 5.94% over the previous year. However, earnings reached a record of US$110.6 million for FY2025, a jump of 41.69%, as the company booked more profits from trading, and also enjoyed more profit ...
Hong Kong exchange posts record profit as equity turnover doubles, listings rebound
HKEX will pay a second interim dividend payment of HK$6.52 per share
Hong Kong bourse full-year profit rises 36% to new high
[HONG KONG] Hong Kong Exchanges and Clearing, the city’s bourse operator, posted record full-year profit of HK$17.7 billion (S$2.85 billion) for 2025...
Analysis:Nvidia's CEO prepares investors for a renewed battle with Intel, AMD
SAN FRANCISCO, Feb 25 : Nvidia may have made its immense fortune on the back of specialized graphics processing units (GPUs) used to power artificial intelligence servers, but CEO Jensen Huang is increasingly professing his love for the more generalist CPU.The CPU, or central processing unit, was fo ...
Nvidia's CEO prepares investors for a renewed battle with Intel, AMD
SAN FRANCISCO, Feb 25 : Nvidia may have made its immense fortune on the back of specialized graphics processing units (GPUs) used to power artificial intelligence servers, but CEO Jensen Huang is increasingly professing his love for the more generalist CPU.The CPU, or central processing unit, was fo ...
