India's Tata signs up OpenAI as customer for data centre business
NEW DELHI, Feb 19 : OpenAI will become the first customer of India's Tata Consultancy Services' data centre business, beginning with 100 megawatts of capacity, part of the global AI infrastructure initiative Stargate, the companies said.Stargate is a $500 billion multi-year initiative to b ...
Tata's data centre business signs up OpenAI as customer
NEW DELHI, Feb 19 : OpenAI will become the first customer of India's Tata Consultancy Services' data center business, beginning with 100 megawatts of capacity, the parent firm of ChatGPT said on Thursday.Separately, Tata Group is planning to deploy ChatGPT Enterprise across the company ove ...
Philippine equities start the year hot, but can it overcome scandal and slump?
Evan See - The undervalued benchmark index could rebound from a five-year low to hit 7,100 this year, says analyst
Philippine equities start the year hot, but can they overcome scandal and slump?
Evan See - The undervalued benchmark index could rebound from a five-year low to hit 7,100 this year, says analyst
New Zealand’s central bank done easing policy but risks are on both sides, top official says
[SYDNEY] New Zealand’s central bank is done cutting interest rates but there are risks on either side as policymakers gauge the strength...
Rex International guides for FY2025 net loss; subsidiary Lime Petroleum weighs merger, restructuring among other options
Felicia Tan - Rex International Holding says it expects to report a net loss for the FY2025 ended Dec 31, 2025. The losses mainly stem from “significant technical complications” from the drilling operations in Benin, which resulted in a “material increase” in drilling costs. The complications have also de ...
Indonesia, US firms sign US$38.4 billion in trade, investment deals
The deals also include two semiconductor joint venture agreements
Indonesia, US firms sign over US$7 billion in trade, investment deals
The South-east Asian country is the 11th largest market for all American farm goods
Gold and silver beat equities, unit trust funds as top entry point for new OCBC retail investors
Benicia Tan - While precious metals can play a stabilising role in portfolios, allocations should ‘stay measured’, says the bank
Gold and silver seen as first-time investors’ preferred asset class: OCBC
Felicia Tan - Gold and silver have emerged as first-time investors’ preferred asset class, overtaking equities and unit trust funds, according to observations by Oversea-Chinese Banking Corporation (OCBC). On Feb 19, the bank announced that two in three of its retail customers in 2025 chose the two precious met ...
Vietnamese airlines sign $30-billion deals for 90 Boeing jets
HANOI, Feb 19 : Three Vietnamese airlines signed deals with U.S. manufacturer Boeing on Thursday to buy a total of 90 aircraft, as Vietnam and the United States continue negotiations on a new trade deal. The deals were signed during a visit to the United States by the head of Vietnam's Communis ...
Vietnam airlines signs deal with Boeing for 50 737-8 jets
HANOI, Feb 19 : Vietnam Airlines has signed an agreement with Boeing to buy 50 narrow-body 737-8 jets, it said on Thursday. The country's flag carrier is also in talks with the U.S. aircraft manufacturer for the additional purchases of 30 wide-body planes with a value of up to $12 billion, it s ...
Gold edges down as dollar firms; inflation data in focus
Non-yielding bullion tends to do well in low-interest-rate environments
Oil prices dip as investors assess trajectory of US-Iran tensions
TOKYO, Feb 19 : Oil prices eased in early Asia trade on Thursday, following the previous day's 4 per cent jump, as investors assessed efforts by the U.S. and Iran to resolve tensions while both sides have stepped up military activity in the key oil-producing region.Brent futures fell 12 cents, ...
Oil prices near six-month highs on concern over potential US-Iran conflict
LONDON, Feb 19 : Oil prices rose on Thursday, driven by growing concerns about potential military conflict between the U.S. and Iran as both stepped up military activity in the oil-producing Middle East. Brent futures were up $1.13, or 1.6 per cent, to $71.48 a barrel at 1418 GMT, while U.S. West T ...
Oil prices extend gains on concerns of potential US-Iran conflict
TOKYO, Feb 19 : Oil prices rose in Asian trade on Thursday as the U.S. and Iran attempted to ease a standoff in talks over Tehran's nuclear programme while both sides heightened military activity in the key oil-producing region.Brent futures climbed 24 cents, or 0.3 per cent to $70.59 a barrel ...
Oil prices extend gains on concern over potential US-Iran conflict
LONDON, Feb 19 : Oil prices rose on Thursday, driven by increasing concerns over potential military conflict between the United States and Iran as both countries stepped up military activity in the oil-producing region. Brent futures were up $1.09, or 1.55 per cent, at $71.44 a barrel by 1247 GMT w ...
Vietnam's Sun PhuQuoc airways signs $22.5 billion deal for 40 Dreamliner jets
HANOI, Feb 19 : Vietnam's Sun PhuQuoc Airways has signed a $22.5 billion deal with Boeing to buy 40 787-9 Dreamliner jets, it said on Thursday. The new aircraft would allow the firm to operate intercontinental services, including flights between the U.S. and Vietnam, in the future, it said in a ...
CSE Global shares up 7% on positive Q4 order wins
Chloe Lim - The company also hit S$1 billion in new orders in FY2025 – a record high
CSE Global shares close 7% higher on positive Q4 order wins
Chloe Lim - The company also hit S$1 billion in new orders in FY2025 – a record high
Foreigners rebuff ‘Sell America’ and buy a net US$1.6 trillion in assets
Dollar depreciation last year might have even encouraged some overseas managers to load up on US securities
Vietjet in $965 million financing deal for purchase of 6 Boeing 737-8 aircraft
HANOI, Feb 19 : Vietnamese budget airline Vietjet has signed a $965 million financing deal with Griffin Global Asset Management for the purchase of 6 Boeing 737-8 aircraft, it said on Thursday.Vietjet said in a statement the agreement marked a significant step in its strategy to diversify its intern ...
Zico Holdings to report net profit for FY2025 thanks to gain on disposal from divestments
Felicia Tan - Zico Holdings says it expects to report a net profit for the FY2025 ended Dec 31, 2025, reversing from a net loss recorded in FY2024. The expected net profit is thanks to a gain on disposal from the completion of the company’s sale of entities and subsidiaries related to its corporate secretarial ...
Booking beats estimates on outlook, plans a 25-for-1 split
Gross bookings are expected to rise 15% at the midpoint
After 16,831% jump, Booking splits one of the priciest US stocks
The split will take effect on Apr 2
Stocks to watch: Yangzijiang Maritime, SIA, CSE Global
Deon Loke - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Feb 19):
Pernod Ricard considers listing its India business
The company also owns domestically-produced brands, such as Blenders Pride and Royal Stag whisky
US DOJ probes Warner Bros' planned sale impact on theaters, Bloomberg News reports
Feb 18 : The U.S. Justice Department has summoned some of the country's major theater chains to private conversations about the potential impact of a sale of Warner Bros Discovery, Bloomberg News reported on Wednesday.Reuters could not independently verify the report. Warner Bros Discovery and ...
Meta reboots smartwatch plan, aims debut in 2026, the Information reports
Feb 18 : Instagram-owner Meta Platforms plans to release its first smartwatch this year, the Information reported on Wednesday, citing two people familiar with the matter.The company has revived its "Malibu 2" smartwatch project, the report said, adding that the device, set for release la ...
Telstra dials up buyback as interim profit tops estimates, narrows annual outlook
It declared an interim dividend of 10.5 Australian cents per share
Hermes buyers ask US appeals court to reinstate Birkin handbag class action
The plaintiffs’ lawyer said that Hermes’ sales practices amount to “quintessential anticompetitive conduct”
Emerging-market bonds poised for ‘very strong run’ after years of outflows: Aberdeen
Renald Yeo - Drivers include the improved credit ratings of these economies and potential Fed rate cuts
Indonesia’s transparency push calms MSCI fears, but reform continuity is key
Elisa Valenta - The country’s swift measures are sufficient to avert losing emerging market status for now, say analysts
Budget 2026: The art of the long game
It is a blueprint for an AI-ready, connected and inclusive economy
