Business
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Bank of America commits US$25 billion of its own cash to private credit deals
Some lenders have formed partnerships with asset managers in order to get deeper into the market Published Fri, Feb 20, 2026 · 06:11 AM [NEW YORK] ls in putting its…
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Oil closes at six-month high on US-Iran conflict worries
[NEW YORK] Oil prices rose around 2 per cent on Thursday to settle at their highest level in six months, as traders worried about… Source link
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European stocks retreat from record highs as investors assess mixed earnings
Published Fri, Feb 20, 2026 · 05:52 AM EUROPEAN shares slipped on Thursday, with miners and utilities leading the sectoral decliners, as investors sifted through a mixed bag of earnings from…
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US stocks: Wall Street ends down as Nvidia slides and private equity stocks sink
Published Fri, Feb 20, 2026 · 05:47 AM WALL Street ended lower on Thursday, with losses in private equity companies and weakness in Walmart and Apple, while earnings-driven gains in…
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Wall St opens lower after recent gains as tech stocks slip
Published Thu, Feb 19, 2026 · 10:45 PM [NEW YORK] Wall Street’s main indexes opened lower on Thursday (Feb 19), following a three-day winning streak for the S&P 500, as…
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Germany’s DB Cargo plans 6,000 job cuts in bid to return to profit
DB Cargo is the market leader, but its competitors are catching up with a combined market share of around 60% Published Thu, Feb 19, 2026 · 09:54 PM [BERLIN] German…
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UOBKH says financial sector biggest winner from Budget, gives overall top picks
[SINGAPORE] The financial sector is likely to be the “most identifiable market beneficiary” of this year’s Budget, said UOB Kay Hian (UOBKH), noting that the Finance Minister Lawrence Wong’s speech…
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SIA Engineering Q3 net profit rises 9.7% to S$41.9 million on steady MRO demand
Revenue is up 8.7% at S$353.1 million, while expenditure rises 8.4% to S$347.1 million [SINGAPORE] Aircraft maintenance provider SIA Engineering Company (SIAEC) reported a net profit of S$41.9 million for…
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Singapore stocks rise, tracking regional gains; STI up 1.3%
Across the broader market, gainers outnumber decliners 316 to 142, after 1.4 billion securities worth S$2.1 billion change hands [SINGAPORE] Local stocks finished stronger on Thursday (Feb 19), tracking regional…
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LTA awards two Downtown Line extension contracts worth S$735 million
Construction works for the new stations are expected to start in the second quarter of 2026 [SINGAPORE] The Land Transport Authority (LTA) on Thursday (Feb 19) announced that it has…
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Rio Tinto misses annual profit view on iron ore challenges
Weaker iron ore prices weigh on its core business, but copper prices having risen 8% in 2025 blunt the impact of iron ore prices on its earnings Published Thu, Feb…
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DBS upgrades Genting to ‘buy’ amid huge cash reserves, constructive gaming environment
It has issued a target price of S$0.90, 12.5% above its closing price of S$0.80 on Thursday [SINGAPORE] DBS has upgraded its rating on Genting Singapore to a “buy” call,…
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Bank Indonesia holds rates steady, focus remains on rupiah
Published Thu, Feb 19, 2026 · 04:06 PM [JAKARTA] Indonesia’s central bank held rates unchanged for a fifth straight policy review on Thursday (Feb 19), as expected, saying its focus…
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Bank Indonesia holds rates steady, focus remains on rupiah
Published Thu, Feb 19, 2026 · 04:06 PM [JAKARTA] Indonesia’s central bank held rates unchanged for a fifth straight policy review on Thursday (Feb 19), as expected, saying its focus…
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Sea and Google ink partnership to develop AI-powered tools
[SINGAPORE] Sea and Google inked a partnership on Thursday (Feb 19) to develop artificial intelligence (AI) tools for gaming, e-commerce and payments. “This partnership with Google on AI will drive…
