Business
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Airbus wins major order for A350 widebody jets from Air Canada
The purchase agreement, if all rights are exercised, would be valued at about US$3 billion Published Thu, Feb 12, 2026 · 09:22 PM [OTTAWA] Air Canada will acquire eight Airbus…
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Sias calls on Advanced Systems Automation to clarify Asti offer over governance, valuation concerns
Sias founder David Gerald says implied discount to Advanced Systems Automation’s offer has ‘widened materially’ to in excess of 67% [SINGAPORE] The Securities Investors Association (Singapore), or Sias, has called…
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Creative reduces H1 loss to US$1.2 million as restructuring lowers expenses
It attributes the improvement to lower payroll and related expenses following a restructuring exercise in FY2025 [SINGAPORE] Creative Technology posted a net loss of US$1.2 million for the six months…
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Lum Chang H1 earnings surge to S$7.3 million despite lower revenue
Its board proposes an interim dividend of S$0.005 per share, and a special dividend of S$0.015 per share [SINGAPORE] Lum Chang on Thursday (Feb 12) announced a net profit of…
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BRC Asia reports S$27.3 million in Q1 net profit on sustained construction demand
[SINGAPORE] Steel fabricator BRC Asia on Thursday (Feb 12) reported a net profit of S$27.3 million for the first quarter ended Dec 31, 2025. This compares with a profit after…
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Lum Chang Creations H1 net profit more than doubles to S$11 million on strong operational performance
[SINGAPORE] Newly listed Lum Chang Creations (LCC) , the restoration and interior fit-out business of Lum Chang Holdings (LCH) , recorded a net profit of S$11 million for the first…
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Samsung ships latest HBM4 chips to catch-up in AI race
Published Thu, Feb 12, 2026 · 07:22 PM [SEOUL] Samsung Electronics said on Thursday (Feb 12) it had started shipping its most advanced HBM4 chips to unnamed customers, as it…
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Our Universe Episode 4: Producers Tease New Turning Point for Sun Tae Hyung, Woo Hyun Jin
Our Universe episode 4, starring Bae In Hyuk, Roh Jeong Eui, and Park Seo Ham, will air on Thursday (February 12) at 10:40 PM KST. It will mark the beginning…
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Sen Yue Holdings receives privatisation offer at S$0.008 per share, with cash or shares option
Offer comes amid prolonged trading suspension, regulatory overhang, which adversely affects its access to funding and borrowing capacity [SINGAPORE] Waste management company Sen Yue Holdings on Thursday (Feb 12) received…
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Singapore stocks gain more ground on Thursday, STI up 0.7%
[SINGAPORE] Singapore stocks ended higher on Thursday (Feb 12) as regional indices mostly tracked lower. The benchmark Straits Times Index (STI) gained 0.7 per cent or 32.18 points to finish…
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‘Go time’: Hospitality sector may benefit with 2026 tourist arrivals forecast to reach 17 million
Stocks with exposure to hospitality may gain from improved hotel performance, tourist receipts [SINGAPORE] The hospitality sector may be poised to reap benefits with Singapore’s tourist arrivals forecast to hit…
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Hospitality sector may benefit, with 2026 tourist arrivals forecast to hit 17 million: OCBC Research
Stocks with exposure to hospitality may gain from improved hotel performance, tourist receipts [SINGAPORE] The hospitality sector may be poised to reap benefits with Singapore’s tourist arrivals forecast to hit…
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China bans below-cost car sales to end prolonged price war
Despite Beijing’s efforts to stamp out aggressive discounting, the new year has brought a new round of price cuts Published Thu, Feb 12, 2026 · 02:05 PM CHINA has banned…
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Blackstone folds hedge fund seeding into US$60 billion business
SAF typically gives emerging managers locked-up startup capital in the region of US$150 million, in exchange for a cut of their revenue Published Thu, Feb 12, 2026 · 01:33 PM…
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Lufthansa strikes force hundreds of German flight cancellations
Europe’s largest aviation group faces mounting pressure to lift profitability in a crowded market Published Thu, Feb 12, 2026 · 12:53 PM [FRANKFURT] Deutsche Lufthansa cancelled hundreds of flights departing…