Japan's Nikkei touches 58,000 as yen, JGBs rally on election fallout
TOKYO, Feb 12 : The Nikkei share average broke past 58,000 for the first time on Thursday, joined in a rare triple rally with government bonds (JGBs) and the yen as markets processed the fallout of Prime Minister Sanae Takaichi's historic election win.Resuming trade after a holiday in Japan, th ...
Japan's Nikkei hits 58,000 as yen, JGBs rally on election fallout
TOKYO, Feb 12 : The Nikkei share average broke past 58,000 for the first time on Thursday, joined in a rare triple rally with government bonds (JGBs) and the yen as markets processed the fallout of Prime Minister Sanae Takaichi's historic election win.The benchmark Nikkei 225 Index rose 0.3 ...
Japan's Nikkei rises past 58,000 for first time on Takaichi trade
TOKYO, Feb 12 : Japan's Nikkei share average climbed past the 58,000 mark for the first time on Thursday, extending its scorching rally since Prime Minister Sanae Takaichi won a resounding electoral victory on a campaign of increased economic stimulus.The benchmark Nikkei 225 Index was up 0.4 p ...
Japan's Nikkei surges past 58,000 for first time as Takaichi trade rally continues
TOKYO, Feb 12 : Japan's Nikkei share average surged past the 58,000 mark for the first time, continuing a scorching rally since Prime Minister Sanae Takaichi won a resounding electoral victory on a campaign of increased economic stimulus.The benchmark Nikkei 225 Index rose 0.14 per cent to 57,7 ...
Singtel Q3 net profit up 43.5% at S$1.9 billion on exceptional gain from Airtel stake sale
Therese Soh - Optus is “continuing to invest in strengthening resilience” after independent review into Triple Zero outage, says Singtel group CEO
Singtel Q3 net profit up 43.5% at S$1.9 billion on sale of Airtel stake
Therese Soh - Underlying net profit for the three months climbed 9.5% to S$744 million
Singtel Q3 net profit up 43.5% at S$1.9 billion
Therese Soh - Underlying net profit for the three-month period climbed 9.5% on the year to S$744 million from S$680 million.
Singtel's third-quarter profit rises on higher contribution from Airtel, Advanced Info
Singtel reported a 9.5 per cent rise in its third-quarter underlying net profit on Thursday (Feb 12), driven by strong contributions from India's Bharti Airtel and Thailand's Advanced Info Service (AIS).Singtel reported an underlying net profit of S$744 million (US$589 million) for the thr ...
Grab forecasts annual revenue below estimates as platform momentum slows
Singapore's Grab forecast fiscal 2026 revenue below Wall Street expectations on Wednesday (Feb 11), signalling slower momentum in the tech firm's core businesses of ride hailing and deliveries as consumers grapple with economic uncertainty.Shares of the company fell around 4 per cent in ex ...
Australia’s central bank will raise rates again if inflation becomes entrenched, governor says
[SYDNEY] Australia’s central bank will raise rates again if inflation becomes entrenched, its governor said on Thursday, having just delivered the first...
Japan's wholesale inflation slows, weak yen pressures import costs
TOKYO, Feb 12 : Japan's annual wholesale inflation slowed for a second consecutive month in January but yen-based import costs rose, highlighting the impact of a weak yen on prices and monetary policy.While wholesale price growth is expected to moderate in the coming months due partly to the ef ...
Japan's wholesale inflation slows in January, yen import prices up
TOKYO, Feb 12 : Japan's annual wholesale inflation slowed for the second straight month in January but yen-based import costs rose, data showed on Thursday, suggesting a weak yen will continue to put upward pressure on prices.The corporate goods price index (CGPI), which measures the price comp ...
Partial sale of Airtel stake helps lift Singtel's 3QFY2026 earnings up 43.5% y-o-y to $1.89 bil
The Edge Singapore - Singapore Telecommunications has reported 3QFY2026 earnings of $1.89 billion, a jump of 43.5% y-o-y, largely from a one-off $1.15 billion gain from trimming its stake in Bharti Airtel. This brings its 9MFY2026 ended Dec 31 2025 earnings to $5.3 billion, up 109.8%. Underlying net profit for 3QFY2026, ...
Far East Hospitality Trust reports lower FY2025 distribution of 3.70 cents per unit
Teo Zheng Long - Far East Hospitality Trust (FEHT) has reported dividend per stapled security (DPS) of 3.70 cents for FY2025 ended Dec 31, down 8.4% y-o-y, due to lower net property income and distribution income to stapled securityholders. Gross revenue for FY2025 rose 2.5% y-o-y to $111.4 million, driven by contri ...
StarHub H2 net profit more than halves to S$38.5 million; guides lower earnings in FY2026
Young Zhan Heng - It declares a total dividend of S$0.06 a share for FY2025
StarHub H2 net profit falls 50.9% to S$38.5 million on lower service revenue contributions
Therese Soh - It declares a total dividend of S$0.06 per share for FY2025
StarHub H2 net profit falls 50.9% to S$38.5 million
Therese Soh - It declares a total dividend of S$0.06 per share for FY2025
One-off items drag StarHub's FY2025 earnings down 46.2% to $86.4 mil
The Edge Singapore - StarHub has reported earnings of $38.5 million for its 2HFY2025, versus $78.4 million from the year earlier. This brings its full year ended Dec 31 2025 earnings to $86.4 million, down 46.2% from the preceding FY2024's $160.5 million. According to StarHub, there were a few key items that distor ...
Elite UK REIT receives nod for data centre development at Blackpool
The Edge Singapore - Elite UK REIT has received planning approval from local authorities for its proposed data centre development at Peel Park, Blackpool. Elite UK REIT says the valuation of Peel Park, because of this, has increased 65% from two years ago and 22% from a year ago to £40 million as at Dec 31 2025. Sited ...
Far East Hospitality Trust H2 DPS down 7.7% at S$0.0192
Therese Soh - [SINGAPORE] The manager of Far East Hospitality Trust (FEHT) on Thursday (Feb 12) posted a distribution per stapled security of S$0.0192 for...
Grab in black for first time as Q4 earnings drive full-year profit to US$268 million
Benjamin Cher - Super app company announces US$500 million share buyback plan
‘No other sector like it’: KKR sees no let-up in AI-driven infrastructure boom after STT GDC deal
Benjamin Cher - Deep pools of private capital are chasing data centres, one of Asia’s most capital-intensive asset classes
Miran says he’d love to stay at Federal Reserve, supports more rate cuts
His term expired on Jan 31
AppLovin beats quarterly revenue estimates
(Corrects headline, paragraphs 1 and 4 to indicate company beat, not missed revenue estimates. Rewrites paragraphs 1 and 2 to reflect the change. Changes estimate to $1.60 billion from $1.70 billion in paragraph 4. Corrects expectations to $1.70 billion from $1.67 billion in paragraph 8)Feb 11 : Mar ...
Instagram‘s top executive grilled over safety decisions at trial
[LOS ANGELES] The top executive at Meta Platforms’ Instagram defended the social media platform’s choices around features that some company insiders called harmful to...
McDonald’s beats quarterly global sales estimates as value bets pay off
The fast food chain is also delving deeper into the fast-growing beverage segment
ANZ Group cash profit jumps 17% as cost cuts take hold
The Australian bank said more than 60 per cent of the 3,500 job cuts it previously announced had taken place
Commentary: For many SMEs in Singapore, AI adoption is still too daunting - here’s what could help
As Singapore pursues AI at the leading edge, it must ensure small- and medium-sized enterprises do not fall too far behind, say Singapore Business Federation CEO Kok Ping Soon and PwC Singapore Executive Chairman Marcus Lam.
Oil up 1% as Middle East tension offsets large US crude stocks build
[NEW YORK] Oil prices gained about 1 per cent on Wednesday, as investors worried about escalating tensions between Iran and the US, which were...
European shares hit record high as energy stocks surge; tech, financials stumble
EUROPEAN shares closed at a record high on Wednesday, as gains in commodity-related stocks offset weakness in technology and financials, while investors assessed...
US stocks: Wall Street muted after strong jobs data nibbles at Fed rate cut bets
THE S&P 500 closed virtually unchanged on Wednesday as a stronger-than-expected employment report eased worries about the economy but also fuelled bets...
Equinix forecasts annual sales above estimates on AI data center demand
Feb 11 : Equinix forecast annual revenue above estimates on Wednesday, betting on strong artificial intelligence-linked demand for the largest data center operator's services, sending its shares up over 6 per cent in extended trading. As corporations race to integrate generative AI, the surge ...
Cisco posts quarterly gross margin below estimates, shares fall
Feb 11 : Cisco Systems posted quarterly adjusted gross margin below market estimates on Wednesday, as the networking equipment provider grapples with the fallout of a global memory price increase, sending its shares down 7 per cent in extended trading. The rapid build-out of artificial intelligence ...
Cisco raises annual resulsts forecast fueled by AI demand
Feb 11 : Cisco Systems raised its full-year revenue and adjusted profit forecasts on Wednesday, driven by robust enterprise spending on its networking equipment amid the artificial intelligence boom. A surge in data center investments, fueled by technology companies' need for AI computing inf ...
