Oil heads for weekly decline as US and Iran extend talks
LONDON, Feb 27 : Oil prices rose on Friday but remained on track for a weekly decline after the United States and Iran extended nuclear talks, easing concern over potential hostilities that could disrupt supply, while OPEC+ could raise output at its meeting on Sunday.Brent crude futures rose 28 cent ...
Oil prices rise as US and Iran extend talks into next week
LONDON, Feb 27 : Oil prices rose on Friday but were on track to finish the week relatively flat after the United States and Iran extended nuclear talks, easing concern over potential hostilities and supply disruption, while OPEC+ could raise output at its meeting on Sunday.Brent crude futures rose 8 ...
Oil prices rise 2% as US and Iran extend talks into next week
LONDON, Feb 27 : Oil prices rose more than $1 on Friday as traders remained on alert for potential supply disruptions after the United States and Iran extended nuclear talks. Brent crude futures advanced by $1.38, or 1.95 per cent, to $72.13 a barrel by 1110 GMT while U.S. West Texas Intermediate cr ...
Panama officials search CK Hutchison's subsidiary office, source says
Feb 26 : Panamanian authorities conducted a search of a local office belonging to a unit of Hong Kong conglomerate CK Hutchison office, a source familiar with operation told Reuters on Thursday. The person said the search was not related to the current dispute over the Panama Canal ports.Panama' ...
Tariffs and the economy after the US Supreme Court ruling
Alec Phillips, Elsie Peng and David Mericle - On Feb 20, the US Supreme Court ruled against the tariffs the Trump Administration imposed under the International Emergency Economic Powers Act (IEEPA), in a 6-3 decision. This includes the “reciprocal” tariffs applied on trading partners at various rates as well as tariffs applied to Canada, C ...
AEM surges for second day running; DBS raises target price to $3.30; Maybank upgrades call from 'sell' to 'buy'
The Edge Singapore - AEM Holdings is surging for a second day with bullish upgrades from analysts following signs that it is winning meaningful new revenue from a new customer and no longer as reliant on its long time key customer. Besides reporting better than expected FY2025 earnings, AEM is guiding for higher FY2026 ...
The power of pieces: From fractional horses to digital tokens
Christopher Forbes - Imagine owning something incredibly valuable: a racehorse, a mansion, or a bar of solid gold. For most of history, if you wanted to own one of these things, you had to buy the whole thing yourself. If you couldn’t afford it or didn’t want the risk, you were simply out of luck. This all-or-nothin ...
Yangzijiang Shipbuilding rises nearly 10% on higher H2 profit
Therese Soh - Its H2 earnings rose 24.6% year on year to 4.5 billion yuan (S$827.4 million)
Yangzijiang Shipbuilding rises 10.7% on improved earnings; hits record in intraday trade
Therese Soh - CGSI lifts its target price to S$4.95, a 14.1 per cent premium above its Friday closing price
Dell expects AI server revenue to double in fiscal 2027 on data centre boom
Big tech firms are expected to spend at least US$630 billion to build AI infrastructure this year
Seatrium delivers wind turbine installation vessel to Maersk Offshore Wind for Empire Wind project
Therese Soh - The vessel will advance the wind farm’s mission to deliver clean and reliable energy to 500,000 homes
Seatrium delivers vessel to Maersk for Empire Wind project targeted by Trump’s stop work order
Therese Soh - The vessel will advance the wind farm’s mission to deliver clean and reliable energy to 500,000 homes
Seatrium delivers US$475 million vessel to Maersk for wind project targeted by Trump’s stop-work order
Therese Soh - The vessel was central to a now-resolved arbitration dispute between the two groups in late 2025
‘Might and mighty’ CICT sees more upgrades after FY2025 beat
The Edge Singapore - CapitaLand Integrated Commercial Trust (CICT) announced a positive beat for its distribution per unit (DPU) for FY2025 ended Dec 31, 2025, inspiring the market to lift its unit price from $2.38 before the results were announced to as high as $2.52 in the following days. The better showing was due to ...
Raffles Medical Group remains in the pink of health
Samantha Chiew - Raffles Medical Group (RMG) reported earnings of $70.6 million for its FY2025 ended Dec 31, 2025, an increase of 13.4% y-o-y, due to the combination of better performance from the hospital services and insurance businesses, as well as fair value gains on investment properties. Revenue increased 1.8% ...
CapitaLand Ascendas Reit enters Spain with S$185.4 million logistics portfolio acquisition
Deon Loke - This is expected to be distribution per unit accretive for unitholders
Zscaler posts wider quarterly loss on higher spending; shares down 9%
Feb 26 : Zscaler on Thursday posted a wider net loss in the second quarter, citing higher spending on sales, marketing, and research and development in a competitive market, sending shares of the cloud security firm down roughly 9 per cent in extended trading.The results come when IT budgets remain ...
Eyes on Jardine C&C as it joins other units for strategic review
The Edge Singapore - For the better part of the last year or so, Hongkong Land Holdings and DFI Retail Group have been the two key members of the Jardine group of companies to be in the news. The former embarked on a clear asset monetisation strategy, and the latter was almost ruthlessly disposing of stakes in various a ...
Singapore’s Parf rebate cut likely to drive up EV sales, but financial and infrastructure hurdles linger
Shikhar Gupta - The move may speed up EV adoption, but EV buyers face an illiquid resale market and HDB charging bottlenecks
Brokers' Digest: Marco Polo, iFAST, UHREIT, Addvalue, SGX, BRC Asia, SIA Engineering, ISOTeam, Starhub
The Edge Singapore - Marco Polo Marine Price targets: Maybank Securities ‘buy’ 20 cents RHB Bank Singapore ‘buy’ 18 cents Optimism reiterated Maybank Securities and RHB Bank Singapore remain confident in Marco Polo Marine (SGX: 5LY ) (MPM) after it reported revenue of $32.8 million, 27% higher y-o-y, for the 1QF ...
First Resources posts 44.3% rise in H2 net profit to US$204.7 million
Chloe Lim - The board proposes a final dividend of S$0.102 per share payable on May 15
Nvidia expects gaming chips shortage to last until year-end
Forecasts for the console market have been bleak
Stocks to watch: ST Engineering, Wilmar, UOL, CDL, Venture, Golden Agri, First Resources, Bumitama, PropNex, Centurion
Deon Loke - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Feb 27):
Stocks to watch: ST Engg, Wilmar, UOL, CDL, Venture, Golden Agri, PropNex, Centurion, Bumitama, First Resources
Deon Loke - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Feb 27):
Bumitama Agri H2 earnings rise 7.4% to 1.5 trillion rupiah on record-high Q4 revenue
Therese Soh - The group’s total dividend for the year will be S$0.0935 per share – an all-time high
Bumitama Agri H2 earnings rise 7.4% to 1.54 trillion rupiah on record-high Q4 revenue
Therese Soh - The group’s total dividend for the year will be S$0.0935 per share – an all-time high
Paramount Skydance wins Warner Bros; Netflix walks away and its shares jump
Still, the bid is likely to face antitrust scrutiny in Washington, foreign countries and US states, including California
Olam H2 profit rises 213.4% to S$120.3 million on stronger continuing operations
Deon Loke - Revenue for the second half up 12% at 14.3 billion from S$12.8 billion a year earlier
Olam H2 profit up more than 3 times at S$120.3 million on stronger continuing operations
Deon Loke - Revenue for the second half up 12% at S$14.3 billion from S$12.8 billion a year earlier
Olam H2 earnings jump 213.4% as continuing operations improve; final dividend withheld amid restructuring
Benicia Tan - The group has obtained approvals from all jurisdictions – save for one – for the sale of its 44.58% stake in Olam...
ST Engineering hit by S$689 million impairment as H2 net profit falls 83.6%; defence growth seen underpinning 2026
Young Zhan Heng - But its operating profit climbs 22.5% to S$448 million
ST Engineering H2 net earnings down 83.6% to S$59.9 million on one-off items; operating gain up 22%
Chloe Lim - The group proposes final dividend of S$0.06 per share and a special dividend of S$0.05
ST Engineering H2 operating profit up 22.5% to S$448 million; net earnings including one-off items down 83.6%
Chloe Lim - Reported profit fell to S$59.9 million after adjusting for divestment gains and one-off impairment losses
ST Engineering H2 net earnings down 83.6% at S$59.9 million on one-off items; operating gain up 22.5%
Chloe Lim - The group proposes final dividend of S$0.06 per share and a special dividend of S$0.05
