Ascott signs record 19,000 units in 2025, up 27% y-o-y
Jovi Ho - The Ascott, the wholly owned lodging business unit of CapitaLand Investment (CLI), signed a record 19,000 units across 102 properties in 2025, marking 27% y-o-y growth. Ascott generates fee-related revenue for CLI. Its asset-light expansion was led by higher fee segments such as resorts, supported b ...
DBS shares drop as much as 1.9% after Q4 profit falls short of forecasts
Shikhar Gupta - The bank’s net profit for its fourth quarter fell 10% to S$2.26 billion
DBS shares drop 1.6% after Q4 profit falls short of forecasts
Shikhar Gupta - DBS’ net profit for its fourth quarter fell 10% to S$2.26 billion
DBS shares close 1.9% lower after Q4 profit falls short of forecasts
Shikhar Gupta - The bank’s net profit for its fourth quarter fell 10% to S$2.26 billion
Samsung stock rises after report on mass production of AI chips
The company’s progress in HBM development suggests it’s closing the gap with its domestic rival
‘Pack-hunting’, progressive carbon tax among measures mooted at ISCA roundtable
Lin Daoyi - Several voices have suggested fostering closer collaboration between Singapore businesses in the area of business internationalisation. The suggestions were part of a broader group of proposals shared at the Institute of Singapore Chartered Accountants (ISCA) Pre-Budget 2026 Roundtable which was att ...
Japan stocks surge to record, bonds slide with yen on Takaichi’s landslide election win
[TOKYO] Japanese stocks jumped to record peaks while bonds slid and the yen sagged to an all-time low against the Swiss franc...
iX Biopharma reports lower net loss for 1HYF2026
Teo Zheng Long - iX Biopharma (SGX: 42C ) has posted a lower loss attributable to shareholders of the company of $2.06 million for 1HYF2026 ended Dec 31, 2025, an improvement of 67% y-o-y from $6.25 million on back of favourable exchange rate. Loss per share for 1HFY2026 was down to 0.23 cents, compared to 0.72 cent ...
iX Biopharma reports lower net loss for 1HFY2026
Teo Zheng Long - iX Biopharma (SGX: 42C ) has posted a lower loss attributable to shareholders of the company of $2.06 million for 1HFY2026 ended Dec 31, 2025, an improvement of 67% y-o-y from $6.25 million on back of favourable exchange rate. Loss per share for 1HFY2026 was down to 0.23 cents, compared to 0.72 cent ...
Asia stocks rally as Nikkei jumps, chip sector rebounds
SYDNEY, Feb 9 : Asian markets jumped on Monday as a resounding win for Japanese Prime Minister Sanae Takaichi whetted appetites for more reflationary policies, while there was widespread investor relief at a last-gasp rebound in U.S. chip stocks.A rally in chip stocks and bargain hunting in beaten-d ...
Asia rallies as Japan shares surge to record peak
SYDNEY, Feb 9 : Asian markets leapt higher on Monday as a resounding win for Japanese Prime Minister Sanae Takaichi whetted appetites for more reflationary policies, while there was widespread investor relief at Wall Street's last gasp rebound.A rally in chip stocks and bargain hunting in beate ...
Scott Bessent sees ‘unruly’ Chinese trading behind gold price swings
The turmoil has helped lift the US dollar to its first weekly gain since early January
Stocks to watch: DBS, Frasers Property, Elite UK Reit, Creative Technology
Therese Soh - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Feb 9):
Elite UK Reit posts 1.4% rise in H2 DPU to £0.0149
Shikhar Gupta - It will be paid out on Mar 30, after the record date on Feb 20
Yen slide deepens as Takaichi triumph in Japan election paves the way for more stimulus
[SINGAPORE] The yen extended a string of recent losses in early Asian trading on Monday after Japanese Prime Minister Sanae Takaichi swept...
Japan's Nikkei surpasses 56,000 for first time after PM Takaichi's victory
TOKYO, Feb 9 : Japan's Nikkei share average surged to a record high on Monday, surpassing the 56,000 level for the first time in early trading after Prime Minister Sanae Takaichi's landslide victory in Sunday's general election. The Nikkei 225 Index rose 3.4 per cent to 56,083.14, whi ...
Elite UK REIT reports 5.6% y-o-y rise in DPU for FY2025
Teo Zheng Long - Elite UK REIT (SGX: MXNU ) has reported a distribution per unit (DPU) of 3.03 pence for FY2025, up 5.6% y-o-y. While revenue increased 1.3% y-o-y to £38.0 million, net property income declined 3.7% y-o-y to £36.0 million due to asset repositioning expenses and lower dilapidation settlements. Exclu ...
Singapore bank DBS Q4 net profit misses forecasts, flags rate headwinds in 2026
DBS CEO Tan Su Shan said net profit for the year is expected to come in lower than in 2025.
Japan markets brace for historic electoral win by PM Takaichi
TOKYO, Feb 9 : Japanese Prime Minister Sanae Takaichi's coalition swept to a historic election win on Sunday, handing her a mandate to follow through on a pledge to cut taxes and reflate the economy through spending. COMMENTARY: SKYE MASTERS, HEAD OF MARKETS RESEARCH, NATIONAL AUSTRALIA ...
Japan stocks surge to record, bonds slide with yen on Takaichi's landslide election win
TOKYO: Japanese stocks jumped to record peaks while bonds slid and the yen sagged to an all-time low against the Swiss franc after Prime Minister Sanae Takaichi scored a landslide win in Sunday's (Feb 8) snap elect
China is pumping cash to fill a US$456 billion liquidity shortfall
Some of the liquidity pressure the PBOC must offset stems from household behaviour
SpaceX shifts focus from Mars to Moon, Musk says
WASHINGTON: SpaceX is putting its longstanding focus of sending humans to Mars on the backburner to prioritize establishing a settlement on the Moon, founder Elon Musk said Sunday (Feb 8).The South Africa-born billionaire's space company has found massive success as a NASA contractor, but criti ...
Frasers Hospitality repositions portfolio with move into premium rental apartments
Chong Xin Wei - China anchors company’s premium rental push with launch of Modena by Fraser Shenzhen
Time to introduce a Japan, Korea-style value-up programme, to drive the market’s next leg-up
Ben Paul - This move may be a crucial part of the ongoing holistic approach to restoring the vibrancy of the local market
OKP poised to benefit from Singapore construction boom, backed by S$136.7 million in cash
Tay Peck Gek - With its order book value standing at S$615.9 million, the group expects to remain profitable until end-2027
Singapore’s strong GDP growth will drive operating revenue outperformance, higher fiscal surplus: economists
Elysia Tan - But prudence is expected, especially at the start of a new term for the government
Hang Seng Tech Index expected to continue decline
The Hang Seng Tech Index, which tracks the 30 largest technology companies listed in Hong Kong with high exposure to technology themes,...
Singapore’s strong GDP growth to see higher full-year fiscal surplus of up to S$13.8 billion: economists
Elysia Tan - For first 9 months, corporate and income tax, GST collections were all up
Time to introduce a Japan, Korea-style value-up programme, to drive Singapore market’s next leg-up
Ben Paul - This move may be a crucial part of the ongoing holistic approach to restoring the vibrancy of the local market
DBS 4QFY2025 earnings down 10% to $2.36 bil; full year earnings reach $11 bil
The Edge Singapore - DBS Group Holdings has reported a 10% drop in its 4QFY2025 earnings to $2.36 billion, due higher tax and the absence of non-recurring gains from a year earlier. The bank made higher specific allowances as well. For the full year, DBS made $11 billion, down 3% over the preceding year ended Dec 2024. ...
US Treasury’s Bessent says Fed will take its time on balance sheet moves
[WASHINGTON] US Treasury Secretary Scott Bessent said on Sunday he would not expect the Federal Reserve to move quickly to shrink its...
DBS Q4 profit falls 10% to S$2.26 billion, falling short of forecasts; pays 81 cents in dividends
Tan Nai Lun - The bank will be maintaining its capital return dividend in FY2026 and FY2027, barring unforeseen circumstances
DBS Q4 profit down 10% at S$2.26 billion, falling short of forecasts; pays S$0.81 per share in dividends
Tan Nai Lun - It will be maintaining its capital return dividend in FY2026 and FY2027, barring unforeseen circumstances
DBS Q4 profit down 10% at S$2.26 billion, misses forecasts; pays higher S$0.81 per share in dividends
Tan Nai Lun - It will be maintaining its capital return dividend in FY2026 and FY2027, barring unforeseen circumstances
