BYD leads Chinese automaker selloff on weakening sales
HONG KONG: BYD shares sank to their lowest level in at least a year on Monday (Feb 2), leading a broader selloff in Chinese automaker stocks after they reported weaker sales in January as a revised subsidy scheme weighed on budget car brands. The selloff underscores growing investor concern that Ch ...
China AI deals push Hong Kong listings to busiest start of the year
The rapid pace of offerings is a promising sign that the city can build on the recovery last year
RHB calls KKR-Singtel's likely acquisition of STT GDC stake 'highly synergistic'
The Edge Singapore - RHB Bank Singapore has kept its "buy" call and $5.20 price target on Singapore Telecommunications after the telco confirms it is in "advanced" talks to be part of a KKR-led consortium to buy the remaining stake in ST Telemedia Global Data Centre. According to the Wall Street Jour ...
Australia set for U-turn to rate hike in break from global trend
The RBA decision lands amid increasingly divergent global monetary paths
Chinese speculators set the stage for gold and silver crash
Metals traders in Europe and the US have been working around the clock, unwilling to miss the Asian trading day
Union Steel plans to sell engineering unit Fastweld to associate Eneco Energy
The Edge Singapore - Union Steel Holdings is selling its indirectly held subsidiary Fastweld Engineering Construction to its separately-listed associate Eneco Energy. Under an MOU, the parties involved have given themselves 180 days to firm up definitive terms of the deal. Union Steel bought Fastweld Engineering Constru ...
Revolut to triple its Singapore workforce to over 300 employees in the next three years
The fintech firm plans to drive regional expansion efforts across Asia from its base in Singapore.
Oracle plans to raise US$45 billion to US$50 billion in 2026
The software company wants to expand its cloud infrastructure
Oracle says it plans to raise up to $50 billion in debt and equity this year
The software company wants to expand its cloud infrastructure
Japan's factory activity growth hits near 3-1/2-year peak, PMI shows
TOKYO, Feb 2 : Japan's manufacturing activity grew at the fastest pace in about three and a half years in January, a private-sector survey showed, as strong customer demand drove an increase in output and new orders.The S&P Global Japan Manufacturing Purchasing Managers' Index (PMI) ro ...
How strong is the Singdollar? These charts show how it is performing against regional currencies
Deon Loke - These seven charts track the Singapore dollar against key currencies over the last six months
Stocks to watch: Singtel, ST Engineering, SGX, CLI, Sembcorp, CDL, Clint, MoneyMax
Shikhar Gupta - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Feb 2):
Some in BOJ warned of being 'behind the curve' on inflation, January meeting summary shows
TOKYO, Feb 2 : Bank of Japan policymakers debated mounting price pressures from a weak yen, with some warning of the risk of being "behind the curve" in dealing with too-high inflation, a summary of opinions at their January meeting showed on Monday."If overseas interest rate environm ...
Some in BOJ warn of being 'behind the curve' on inflation, January meeting summary shows
TOKYO, Feb 2 : Bank of Japan policymakers debated mounting price pressures from a weak yen, with some warning of the risk of being "behind the curve" in dealing with too-high inflation, a summary of opinions at their January meeting showed on Monday."If overseas interest rate environm ...
BOJ debated risk of being 'behind the curve' on inflation, January summary shows
TOKYO: Bank of Japan policymakers debated mounting price pressures from a weak yen, with some warning of the risk of being "behind the curve" in dealing with too-high inflation, a summary of opinions from their January meeting showed on Monday (Feb 2).The discussion highlighted a growing h ...
MoneyMax expects ‘significant improvement’ in H2 net profit
Shikhar Gupta - It also expects a similar improvement in the full-year net profit
CapitaLand India Trust H2 DPU rises 22% to S$0.039
Therese Soh - Net property income is 9% higher at S$111.3 million
Oracle plans to raise $45 billion to $50 billion in 2026
Feb 1 : Oracle said it expects to raise $45 billion to $50 billion in 2026 to build additional capacity for its cloud infrastructure customers, the company said on Sunday.
Fatal accidents shake Thailand’s faith in once-dominant builder
Italian-Thai Development’s financial problems were getting progressively worse prior to the accidents
GIC, Mubadala said to be set to join KKR in US$10 billion STT Deal
Data centres are attracting a lot of investor interest, not least because of their role in the artificial intelligence boom
Oil prices fall 4% on US-Iran de-escalation
Feb 2 : Oil prices fell 4 per cent on Monday as U.S. President Donald Trump said over the weekend Iran was "seriously talking" with Washington, signalling de-escalation with an OPEC member after risks of a military strike drove prices to multi-month highs.Brent crude futures were down $2.8 ...
Oil falls by nearly 3% on Iran talks, OPEC+ production pause
TOKYO, Feb 2 : Oil prices fell by nearly 3 per cent on Monday as U.S. President Donald Trump said over the weekend Iran was "seriously talking" with Washington.Brent crude futures were down $1.90 per barrel, losing 2.8 per cent, to $67.39 per barrel at 2350 GMT. U.S. West Texas Intermediat ...
Oil falls by over $1 per barrel as Iran talks in focus
TOKYO, Feb 2 : Oil prices fell by over $1 per barrel on Monday as U.S. President Donald Trump said over the weekend Iran was "seriously talking" with Washington. Brent crude futures were down $1.8 per barrel, losing 2.7 per cent, to $67.48 per barrel, at 2311 GMT. U.S. West Texas Intermedi ...
Oil prices fall 5% on US-Iran de-escalation
Feb 2 : Oil prices fell nearly 5 per cent on Monday and were heading for the steepest single-session decline in more than 6 months, after U.S. President Donald Trump said Iran was "seriously talking" with Washington, signalling de-escalation with an OPEC member.Brent crude futures were dow ...
Oil prices fall nearly 5% on US-Iran de-escalation
Feb 2 : Oil prices fell nearly 5 per cent on Monday, heading for the steepest single-session decline in more than 6 months, after U.S. President Donald Trump said Iran was "seriously talking" with Washington, signalling de-escalation with an OPEC member.Brent crude futures were down $3.30, ...
Danantara to continue investing in Indonesian stocks after rout
Many of the country’s largest companies are thinly traded and controlled by a small number of wealthy individuals
Malaysian agency eyes pilot scheme to fast-track clearance for aviation parts in JS-SEZ
This is part of efforts to prevent execution delays of projects in the economic zone
Time for brokers to make bigger contribution to the revitalisation of the Singapore market
Ben Paul - Reduced board lot sizes may largely benefit SGX and the brokers; custody accounts could be an opportunity to alleviate frictions of exercising...
USD Index signals further downside after key technical breakdown
The US dollar has dominated global headlines in recent months following a steep and persistent decline, fuelling strong rallies across major currencies...
Why stocks will reward patient bullishness in 2026
Markets should stay positive in 2026, but slower gains and higher volatility lie ahead
CDC vouchers no more? Economists see smaller, targeted relief for Budget 2026
Tessa Oh - With inflation cooling, the popular voucher scheme could be scaled down, with lower payouts of S$400 to S$500, they say
Abu Dhabi royal invested in Trump crypto venture: report
A White House spokesperson says that the US president’s assets are in a trust managed by his children
Waymo seeking about US$16 billion near US$110 billion valuation
The startup plans to aggressively expand the commercial service this year to many more American cities, as well as to the UK
US FDA launches programme to boost domestic drug manufacturing
It’s in line with President Donald Trump’s executive order in May to shift manufacturing of drugs to the US
