United Hampshire US REIT reports 8.1% y-o-y higher DPU of 4.39 US cents for FY2025
Teo Zheng Long - United Hampshire US REIT (SGX: ODBU ) (UHREIT) has reported a higher distribution per unit (DPU) of 4.39 US cents for FY2025 ended Dec 31,2025, which represent an 8.1% y-o-y increase. For 2HFY2025, DPU was up by 12.1% y-o-y to 2.30 US cents. UHREIT’s distributable income for FY2025 came in 5.7% y- ...
Japan's core inflation slows to 2-year low, complicates BOJ rate-hike timing
TOKYO, Feb 20 : Japan's annual core consumer inflation hit 2.0 per cent in January, marking the slowest pace in two years, data showed on Friday, suggesting weakening cost-push pressure that could complicate the central bank's decision on how soon to raise interest rates.The year-on-year i ...
ByteDance building out artificial intelligence team in US
The company has also been ramping up its science-focused efforts
ECB fines JPMorgan’s European arm 12.2 million euros for misreporting capital requirements
[FRANKFURT] The European Central Bank fined JPMorgan’s European arm 12.18 million euros (S$18.2 million) for misreporting capital requirements after it wrongly calculated...
Amazon dethrones Walmart as world’s biggest company by sales
The two companies compete head-to-head for shoppers’ US dollars
More young investors turn to AI for stock picks, but experts warn of risks in volatile market
Koh Kim Xuan - While artificial intelligence can assist in planning investment strategies, limited human financial literacy could harm investment returns
Who calls the shots in OCBC’s corridors of power?
Therese Soh - Its new group CEO Tan Teck Long must balance what minority shareholders want with the interests of one of Asia’s wealthiest clans
The dating game: Why a CapitaLand-Mapletree merger could turn into a marriage of inconvenience
Jude Chan - A union of the two Temasek stalwarts would essentially bring together two different souls who have little cultural DNA in common
Most Meta staff to get 5% less in equity rewards as Zuckerberg cuts costs for AI spending, FT reports
Feb 19 : Meta reduced its annual distribution of stock options by about 5 per cent for most of its staff, as chief executive Mark Zuckerberg ploughs billions of dollars into artificial intelligence build out, the Financial Times reported on Thursday.
Meta cuts stock awards by 5% for most employees to fund AI goals, FT reports
Feb 19 : Meta reduced its annual distribution of stock options by about 5 per cent for most of its staff, as CEO Mark Zuckerberg ploughs billions of dollars into its artificial intelligence goals, the Financial Times reported on Thursday.The Facebook parent did not immediately respond to a request f ...
Meta cuts stock awards by 5% for most employees to fund AI goals: Report
Meta reduced its annual distribution of stock options by about 5 per cent for most of its staff, as CEO Mark Zuckerberg ploughs billions of dollars into its artificial intelligence goals, the Financial Times reported on Thursday (Feb 19).The Facebook parent did not immediately respond to a request f ...
Walgreens cuts hundreds of jobs after private equity buyout
The pharmacy chain is also slowing down its store closures
JPMorgan says Trump’s lawsuit improperly named Dimon as defendant
The lawsuit is seeking US$5 billion in damages
GoPro names insider Brian Tratt as CFO
Feb 19 : Action camera maker GoPro on Thursday named Brian Tratt as its chief financial officer, taking over the baton from Brian McGee, effective March 17.The company said 66-year-old McGee, who joined GoPro in 2015 after a tenure at semiconductor company Qualcomm, would become president and retain ...
New Walmart CEO begins tenure with cautious outlook after another quarter of steady sales
The retailer also announced a new US$30 billion share buyback plan
Bank of America commits US$25 billion of its own cash to private credit deals
Some lenders have formed partnerships with asset managers in order to get deeper into the market
Trading Day: Wall Street ends modestly lower while US-Iran tensions boost crude prices
(Refiles to fix typo in headline)By Stephen CulpNEW YORK, Feb 19 : Wall Street stocks followed the example of their European counterparts by posting modest losses on Thursday as mixed economic data and simmering tensions between the U.S. and Iran kept uncertainties - and crude prices - high.The
Oil closes at six-month high on US-Iran conflict worries
[NEW YORK] Oil prices rose around 2 per cent on Thursday to settle at their highest level in six months, as traders worried about...
Commentary: Will a weak domestic Indonesian market impede Southeast Asia’s aviation sector?
A large contraction in domestic air travel within Indonesia will impact the regional outlook in Southeast Asia, says aviation analyst Brendan Sobie.
European stocks retreat from record highs as investors assess mixed earnings
EUROPEAN shares slipped on Thursday, with miners and utilities leading the sectoral decliners, as investors sifted through a mixed bag of earnings from...
US stocks: Wall Street ends down as Nvidia slides and private equity stocks sink
WALL Street ended lower on Thursday, with losses in private equity companies and weakness in Walmart and Apple, while earnings-driven gains in...
Akamai forecasts downbeat quarterly profit, shares fall
Feb 19 : Akamai Technologies forecast first-quarter adjusted profit below Wall Street estimates on Thursday, signaling that the ongoing memory supply squeeze will increase costs, sending its shares down nearly 9 per cent after the bell.The rapid build-out of artificial intelligence infrastructure by ...
NASA chief slams Boeing, agency failures in botched Starliner astronaut mission
WASHINGTON, Feb 19 : NASA administrator Jared Isaacman on Thursday ripped into Boeing and agency leadership for their handling of the botched Starliner spacecraft mission that left two astronauts stuck on the International Space Station for nearly a year.The U.S. space agency convened a short-notice ...
NASA chief slams Boeing, agency's failures in botched Starliner astronaut mission
WASHINGTON, Feb 19 : NASA Administrator Jared Isaacman on Thursday ripped into Boeing and agency leadership for their handling of the botched Starliner spacecraft mission that left two astronauts stuck on the International Space Station for nearly a year.The U.S. space agency convened a short-notice ...
NASA report recalls dysfunction, heated emotions during Boeing's botched Starliner flight
WASHINGTON: NASA on Thursday (Feb 19) released a sweeping report on Boeing's botched Starliner mission that kept two astronauts stuck on the International Space Station for nine months, detailing communication breakdowns and "unprofessional behaviour" as the agency and its longtime co ...
Southern Co raises spending plan by 7% as data center power demand swells
Feb 19 : Southern Co raised its five-year spending plan by roughly 7 per cent on Thursday as the major electric and gas utility in the U.S. South sells more electricity to data centers and industrial manufacturers.U.S. utilities have invested heavily to upgrade electric grids as they face extreme we ...
AMD to backstop $300 million Crusoe loan, The Information reports
Feb 19 : Advanced Micro Devices is set to provide a $300 million loan guarantee for cloud computing startup Crusoe to buy and deploy its AI chips, The Information reported on Thursday, following in the footsteps of rival AI giant Nvidia .AMD backstopped the deal by offering to lease back its own chi ...
Apple TV partners with EverPass Media to bring sports lineup to bars, hotels
Feb 19 : Apple TV has signed a distribution agreement with EverPass Media to bring the streamer's live sports content to businesses such as bars, restaurants, hotels and gyms, the commercial sports content provider said on Thursday.The deal signals Apple's growing push to make its sports p ...
A Sahara desert odyssey yields a major dinosaur discovery
Feb 19 : It was not an easy task for a team of dinosaur-hunting scientists to reach the remote site called Jenguebi in northern Niger deep in the Sahara Desert. It was fitting that the closest locality was named Sirig Taghat, meaning "no water, no goat" in Tamasheq, the local Berber langua ...
Fossils of a new species of huge dinosaur Spinosaurus unearthed in Niger
Feb 19 : At a remote and barren Sahara desert site in Niger, scientists have unearthed fossils of a new species of Spinosaurus, among the biggest of the meat-eating dinosaurs, notable for its large blade-shaped head crest and jaws bearing interlocking teeth for snaring slippery fish.It prowled a for ...
Exclusive-Netflix has ample room to increase its offer in battle for Warner Bros, sources say
Feb 19 : Netflix has ample cash and could increase its offer for HBO Max owner Warner Bros Discovery if rival bidder Paramount Skydance ups its own offer, two people with knowledge of the matter said. The two media giants have been locked in a heated rivalry over Warner Bros and its storied catalog ...
Nippon Steel sees better year ahead for US Steel, no capacity cuts needed, CFO says
TOKYO, Feb 20 : Nippon Steel sees no need to cut capacity at U.S. Steel and expects the business to contribute to earnings in fiscal 2026, up from zero this year, helped by stronger steel prices and technology transfer, Chief Financial Officer Takahiko Iwai said.While urgent steps are needed to impr ...
New York Governor Hochul pulls robotaxi expansion proposal
Feb 19 : New York Governor Kathy Hochul has pulled her proposal to allow commercial robotaxi services in smaller cities outside New York, a spokesperson for the governor said on Thursday. "Based on conversations with stakeholders, including in the legislature, it was clear that the support was ...
New York Governor Hochul pulls robotaxi pilot expansion proposal
Feb 19 : New York Governor Kathy Hochul has withdrawn her proposal to allow commercial robotaxi services in smaller cities outside New York, a spokesperson for the governor said on Thursday. "Based on conversations with stakeholders, including in the legislature, it was clear that the support ...
