UOB reports FY2025 earnings of $4.7 bil; final dividend of 71 cents per share
Felicia Tan - United Overseas Bank (UOB) has reported net profit of $4.7 billion for the FY2025 ended Dec 31, 2025, 23% lower from the previous year’s record of $6 billion. The bottom line, which stood within consensus’ estimates of $4.67 billion, fell largely due to the pre-emptive general allowances the ban ...
‘Best jobs’ in Singapore? Piano teachers strike the right note
Therese Soh - ‘Financial adviser’ tops list; two types of roles offer resilience; those with broad, transferable skills and those with steady, constrained demand
Benchmarks necessary as private market assets seek retail participation: MSCI private assets chief
Benjamin Cher - Financial advisers must be equipped to ensure products added to clients’ portfolios are suitable for diversification and liquidity
Malampaya’s new gas find may steady Philippines’ power supply, but cheaper bills remain elusive
Electricity tariffs in the country consistently rank among the region’s steepest
The top 10 best – and ‘most resilient’ – jobs in Singapore this year: Indeed index
Therese Soh - Roles with broad, transferable skills and specialised roles with steady demand are ‘best positioned to sustain demand, stability and mobility’
Oil fluctuates with US-Iran nuclear talks to resume this week
A potential war would put shipments at risk in the Strait of Hormuz
Paramount submits higher offer for Warner Bros Discovery in bid to block Netflix: source
Its competitor Netflix is allowed to match its latest bid
Wall Street regulator allows intraday trading of tokenized WisdomTree money market fund
WASHINGTON, Feb 23 : The U.S. Securities and Exchange Commission on Monday said it had granted a special request from the asset manager WisdomTree to allow intraday trading in tokenized shares of a money market fund, adding that this could speed settlement times and ease access for retail investors. ...
Storm paralyses travel, forcing more than 8,000 US flight disruptions
A powerful blizzard has dropped over 76.2 cm of snow across parts of the US North-east
PayPal attracts takeover interest after stock slump
The company now finds itself in a rut with its customers increasingly turning to alternative ways to pay for things
ECB‘s Lagarde sticks with ‘good place’ mantra
[FRANKFURT] Euro zone inflation and the European Central Bank’s interest rate policy remain in a “good place,” ECB President Christine Lagarde said on Monday,...
Manulife issues record US$300 million life policy for a single client
Genevieve Cua - The sale reflects a nascent but growing use of insurance for legacy and succession planning among high-net-worth families
In AI era, NTUC aims to play stronger role in youths' transition from school to workforce: Ng Chee Meng
“In a very uncertain age, the very core of NTUC and the union is to protect the worker. And in the AI age, it is no longer the blue-collar worker that may require protection, but even the white-collar workers,” says labour chief Ng Chee Meng.
Oil companies get US Supreme Court hearing on climate suits
Boulder says the companies should cover some of the costs state and local governments are incurring to cope with the problem
European shares slip as fresh US trade uncertainty sours sentiment
EUROPEAN shares fell on Monday as renewed uncertainty over US trade policy gripped financial markets after President Donald Trump announced a new blanket...
Commentary: Gold enters the storybook stage
Its price is now far above levels suggested by fundamental forces, but it’s hard to see what might stop its ascent, says Ruchir Sharma for the Financial Times.
Paramount submits higher offer for Warner Bros Discovery in bid to block Netflix, source says
Feb 23 : Paramount Skydance submitted a higher offer for Warner Bros Discovery, a source familiar with the matter told Reuters on Monday, ratcheting up efforts to derail the HBO Max owner's deal with Netflix.The bidding war for one of Hollywood's most coveted assets including the "Har ...
US stocks: Wall Street ends sharply lower amid AI displacement fears and revived tariff angst
[NEW YORK] Wall Street stocks tumbled on Monday, as ongoing fears of artificial intelligence-related disruption and the fallout from Friday’s US Supreme Court ruling...
Green group files SGX complaint against OCBC over disclosure gaps on coal plants
Janice Lim - Market Forces flags lack of disclosures around lender’s exposure towards captive coal plants
SGX complaint filed against OCBC on its sustainable financing disclosures
Janice Lim - Environmental group Market Forces flags lack of disclosures around lender’s exposure towards captive coal plants
Green group files SGX complaint against OCBC alleging disclosure gaps on coal plants
Janice Lim - Market Forces flags lack of disclosures around lender’s exposure towards captive coal plants
CrowdStrike, Datadog and other cybersecurity stocks slide after Anthropic's AI tool launch
Feb 23 : Shares of cybersecurity companies including CrowdStrike and Datadog slumped on Monday, as investors weighed the potential impact of artificial intelligence startup Anthropic's new security tool on the industry.Anthropic's new feature, Claude Code Security, is designed to detect hi ...
Crypto.com gets conditional US approval for national trust bank charter
Feb 23 : Crypto.com said on Monday it has received conditional approval from the Office of the Comptroller of the Currency for a national trust bank charter, paving the way for the digital assets firm to become a federally regulated custodian.The approval comes as the U.S. adopts a markedly more cry ...
Amazon plans $12 billion Louisiana data center buildout
SAN FRANCISCO, Feb 23 : Amazon said it expects to invest $12 billion in Louisiana as part of a plan to build data centers in the Pelican State.The Seattle-based online retailer said the data center buildout, in northwest Louisiana, will create 540 full-time jobs, as well as additional jobs it claim ...
Amazon plans $12 billion data center buildout in Louisiana
SAN FRANCISCO, Feb 23 : Amazon said it plans to invest $12 billion in Louisiana as part of a plan to build data centers in the Pelican State.The Seattle-based online retailer said the data center buildout, in northwest Louisiana, will create 540 full-time jobs, as well as additional jobs it says w ...
Canadian officials to meet with OpenAI safety team after school shooting
Feb 23 : Canada has summoned top officials from OpenAI for a meeting about the company's safety protocols, an official said on Monday, after the ChatGPT maker said it did not reach out to police about an account it banned last year belonging to mass shooter Jesse Van Rootselaar.Van Rootselaar, ...
Canada summons OpenAI safety team to Ottawa after school shooting
Feb 23 : Canada has summoned top officials from OpenAI to Ottawa after it emerged the company had not shared internal concerns about a person who went on to commit a school shooting, Artificial Intelligence Minister Evan Solomon said on Monday.Earlier this month an 18-year-old with mental health pro ...
C.H. Robinson CEO says AI will drive freight brokerage consolidation
Feb 23 : Global logistics provider C.H. Robinson's CEO Dave Bozeman dismissed a recent selloff tied to AI-led disruption in the freight industry, and said the race to adopt the technology would spur consolidation instead. C.H. Robinson's shares posted their biggest single-day drop in rough ...
Engie eyes bitcoin mine and storage system at huge new Brazil solar plant
RIO DE JANEIRO, Feb 23 : Engie is looking at installing storage systems or bitcoin mining data centers at its new solar plant in Brazil to make the facility more profitable, the local head of the French utility company said.Having those systems would reduce curtailments that are hurting the economic ...
Meta users survey found 19% of young teens on Instagram report seeing unwanted nude images
WASHINGTON, Feb 23 : Nearly 1 in 5 users aged 13 to 15 told Meta that they saw “nudity or sexual images on Instagram” that they didn’t want to view, according to a court filing. The document, made public on Friday as part of a federal lawsuit in California and reviewed by Reuters, includes po ...
PayPal attracts takeover interest after stock slide, Bloomberg News reports
Feb 23 : Digital payments company PayPal is attracting takeover interest from potential buyers after a stock slide, Bloomberg News reported on Monday, citing people familiar with the matter.The payments firm has fielded meetings with banks amid unsolicited interest from suitors, the report said, add ...
Big Tech to invest about $650 billion in AI in 2026, Bridgewater says
Feb 23 : U.S. technology giants Alphabet, Amazon, Meta and Microsoft are expected to collectively invest about $650 billion to scale up AI-related infrastructure this year, according to an analysis by Bridgewater Associates.The investments would mark a sharp increase from $410 billion in 2025.In a l ...
Walmart will pay out 121% of annual bonuses to US corporate staff
E-commerce is fuelling the retailer’s expansion and is set to be its main growth driver going forward
Dollar weakens as US tariffs struck down, Iran tensions rise
NEW YORK, Feb 23 : The dollar weakened on Monday as traders evaluated U.S. tariff policies after the U.S. Supreme Court on Friday struck down President Donald Trump’s tariffs, while traders also watched rising tensions with Iran, which is in talks with the United States over a nuclear treaty.The j ...
