Stress test: Analysts weigh in on Tan Su Shan’s first year as DBS group CEO
Kwan Wei Kevin Tan and Felicia Tan - For most Singaporean bankers, taking over the reins of the city-state’s largest bank would have been the feather in the cap of a sterling career in finance. That wasn’t really the case for Tan Su Shan, who had big shoes to fill as DBS Group Holding’s seventh CEO. Tan became CEO in April 2025 a ...
Alpha Integrated Reit H2 DPU rises 20.4% to S$0.0183 on higher rent, occupancy
Shikhar Gupta - The Reit’s growth in net property income is mainly from positive rental reversions and an overall increase in occupancy rate
Malaysia’s solar leader to ramp up output as battery prices drop
Solarvest currently has around 1.2 GW of capacity in the South-east Asian country
Elliott reiterates call against Toyota Industries tender offer, shares hit record
TOKYO, Feb 13 : Elliott Investment Management on Friday said it will not tender its Toyota Industries shares into an extended tender offer at current terms and strongly encouraged other shareholders to follow suit. Elliott also urged other shareholders to withdraw any shares that have already been t ...
Sheffield Green’s net profit surges 389% y-o-y, declares interim dividend per share of 0.2 cents
Lin Daoyi - Catalist-board Sheffield Green has reported a net profit of more than US$0.49 ($0.62) million, a 389% y-o-y increase, for the six months Dec 31, 2025. The human resource provider for the renewable energy industry has also declared an interim dividend of 0.2 cents per share. Revenue for the period ro ...
CapitaLand Ascott Trust gets positive calls for ‘consistency’ and ‘stability’
Samantha Chiew - CapitaLand Ascott Trust (CLAS) recently announced its financial results for FY2025 ended Dec 31, 2025, which showed distribution per security (DPS) unchanged y-o-y at 6.1 cents. In 2HFY2025, DPS was 1% up y-o-y at 3.58 cents. Income available for distribution rose 11% y-o-y to $256.7 million in FY20 ...
Dasmond Koh’s NoonTalk Media on shaky ground as H1 losses double, liabilities surge
Therese Soh - Current assets stand at S$2.2 million, while current liabilities come in at S$2.8 million
Global EV sales hampered by China, US slowdown in January
GLOBAL EV registrations fell 3 per cent in January as the introduction of a purchase tax and lower EV subsidies in China...
Brokers' Digest: Sheng Siong Group, Frencken Group, Fraser and Neave
Teo Zheng Long - Sheng Siong Group Price target: OCBC Group Research ‘hold’ $2.89 Downgrade on valuation OCBC Group Research has downgraded its call on supermarket operator Sheng Siong (SGX: OV8 ) to “hold” from “buy” previously, while raising its target price to $2.89 from $2.77 on a lower cost of equit ...
Hong Kong grapples with banker shortage to keep up with IPO boom
Banks are hard pressed to meet regulatory guidelines and are under increased scrutiny over the quality of IPO paperwork
Stocks to watch: iFast, BRC Asia, Lum Chang, Lum Chang Creations, Creative Technology
Therese Soh - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Feb 13):
Anthropic clinches US$380 billion valuation after US$30 billion funding round
The company, unlike others, has welcomed AI regulation
Citi downgrades StarHub to ‘neutral’ after profit tumbles; DBS reviews rating
Shikhar Gupta - StarHub’s net profit of S$38.5 million for its second half is a 50.9% year-on-year drop
RHB downgrades StarHub to ‘sell’, Citi to ‘neutral’ as profit slides; DBS reviews rating
Shikhar Gupta - StarHub’s net profit of S$38.5 million for its second half is a 50.9% year-on-year drop
Private markets data platform Carta opens new Singapore office
Kwan Wei Kevin Tan - Global equity and fund management platform Carta held an opening event for their new office at 16 Raffles Quay, Hong Leong Building on Feb 11. Founded in 2012, the company was originally known as eShares before it changed its name to Carta in November 2017. Bhavik Vashi, Carta’s managing director ...
US-China trade detente fuels mothballing of key China tech curbs
Trump-Xi trade truce led to shelving of China tech restrictions
Private capital software provider Carta opens new Singapore office
Kwan Wei Kevin Tan - Global equity and fund administration platform Carta held an opening event for their new office at 16 Raffles Quay, Hong Leong Building on Feb 11. Founded in 2012, the company was originally known as eShares before it changed its name to Carta in November 2017. Bhavik Vashi, Carta’s managing direc ...
Lincotrade & Associates’ 1HFY2026 net profit soared 438% y-o-y to $3.9 mil, order book at record high of $117.2 mil
Teo Zheng Long - Lincotrade & Associates Holdings (SGX: BFT ) (Lincotrade) has reported a sharp increase in its net profit after tax to $3.9 million in 1HYF2026, ended Dec 31, 2025, on back of higher revenue and gross profit. Revenue surged 58.2% y-o-y to $53.3 million, driven by strong performance in both the c ...
Blackstone leads the race to unlock US$7 trillion of cash in Japan
The firm and rivals are trying to coax them to put more of it in private equity and credit
Pinterest forecasts downbeat revenue as it battles for digital ad dollars; shares plunge
The company cut about 15 per cent of its workforce last month
Citigroup CEO Jane Fraser’s pay rises to US$42 million after banner year
Fraser received US$34.5 million in total compensation in 2024
Apple fends off 4G wireless patent lawsuit at third trial
Feb 12 : Apple won a defense verdict on Thursday in a lawsuit by intellectual-property management company Optis Wireless, which had accused the tech giant of violating its patent rights in 4G wireless technology.Optis had won verdicts of $506 million and $300 million against Apple in earlier trials ...
OpenAI accuses DeepSeek of distilling US models to gain advantage, Bloomberg News reports
(Removes Microsoft Refinitiv Instrument Code from paragraph 1)Feb 12 : OpenAI has warned U.S. lawmakers that Chinese artificial intelligence startup DeepSeek is using sophisticated methods to extract results from leading U.S. AI models to train the next generation of its R1 chatbot, Bloomberg News r ...
Expedia sees higher first-quarter margin, muted 2026
Feb 12 : Online travel platform Expedia forecast a higher first-quarter adjusted core profit margin on Thursday, helped by one-time gains and betting on strong demand from business clients, but sounded cautious on its full-year outlook.Expedia shares fell more than 5 per cent in extended trade, afte ...
Expedia forecasts upbeat 2026 bookings on demand from business clients
Feb 12 : Online travel platform Expedia forecast 2026 gross bookings and revenue above Wall Street expectations on Thursday, betting on strong demand from business clients.The Vrbo-parent expects gross bookings to be in the range of $127 billion to $129 billion for the year, higher than analysts ...
Oil prices fall on supply forecast, easing risk
[HOUSTON] Oil prices dropped on Thursday due to falling demand, retreating fears of renewed Middle East conflict and expected increases in supply.
IBM plans to triple entry-level hiring in the US
The company’s decision comes as questions mount about whether AI will wipe out opportunities for new graduates
McDonald’s India outlet gets regulatory warning over rotten tomatoes, reused oil
The outlet was issued a warning and given 14 days to fix its problems
Commentary: When it comes to AI, Budget 2026 marks a shift from aspiration to execution
By naming sectors and framing missions, Budget 2026 shows how Singapore intends to turn AI into meaningful productivity gains, says NUS Business School’s Sumit Agarwal.
Commentary: Chinese electric vehicles made in the US - is that possible?
The fortress built by Washington to keep Chinese electric vehicles out is no longer looking so impregnable, says an analyst.
European shares retreat from record highs as financials, industrials tumble
EUROPEAN shares fell on Thursday, erasing earlier gains that pushed markets to record highs, as financial and industrial stocks tumbled and investors digested...
US stocks: Wall Street sinks as tech rout deepens on AI angst
WALL Street indexes fell sharply, with the Nasdaq slumping 2 per cent, as investors intensified their selloff of technology shares and fled...
Coinbase posts surprise loss on crypto trading slowdown
Feb 12 : Coinbase posted a surprise quarterly loss on Thursday, marking its first since the third quarter of 2023, as the cryptocurrency exchange was hit by weaker trading volumes during a period of broad digital-asset selloff.Digital assets slumped in the final three months of 2025, retreating from ...
Cryptocurrency exchange Coinbase swings to quarterly loss on trading slowdown
Feb 12 : Cryptocurrency exchange Coinbase Global reported a fourth-quarter loss on Thursday, hit by weaker trading volumes during a period of broad digital-asset selloff.Digital assets slumped in the final three months of 2025, retreating from early October record highs after U.S. President Donald T ...