Business
-
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…
-
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…
-
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…
-
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…
-
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…
-
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…
-
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…
-
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,…
-
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…
-
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…
-
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…
-
Airbus softens output goal amid Pratt & Whitney engine delays
The two companies have said they have yet to conclude an agreement on volumes for either 2026 or 2027 Published Thu, Feb 19, 2026 · 01:52 PM [PARIS] Airbus softened…
-
StanChart Singapore rolls out first ESG-linked cash account for a local company
It integrates STT GDC’s key ESG performance indicators and sustainability performance targets to reward progress [SINGAPORE] Standard Chartered (StanChart) Singapore said on Thursday (Feb 19) that it has structured its…
-
OpenAI to partner with Tata for AI data centre buildout in India
One pillar of the agreement will be TCS’s development of a 100 megawatt data centre that may be expanded to one gigawatt Published Thu, Feb 19, 2026 · 12:57 PM…
-
Samsung shares rise to record after report on higher chip price
After initially falling behind smaller SK Hynix in the early days of the AI race, the company has been mounting a comeback Published Thu, Feb 19, 2026 · 12:40 PM…
