Business
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UBS joins foreign banks expanding India global capability hubs
The Swiss bank plans to add “2,000 professionals in the coming months” at the new facility Published Thu, Feb 12, 2026 · 12:05 PM [MUMBAI] UBS Group opened a new…
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Indonesia reviews decision to take over Martabe gold mine
Authorities have said the assets will be transferred to the sovereign wealth fund Danantara Indonesia Published Thu, Feb 12, 2026 · 11:35 AM [JAKARTA] Indonesia is reviewing its decision to…
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Asian stocks at record high, US jobs data buoys yields, dollar
Inflation data is due on Friday and will be the next test for market views on interest rate cuts Published Thu, Feb 12, 2026 · 11:23 AM [SINGAPORE] Asian stocks…
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Pentagon pushing AI companies to expand on classified networks: sources
Military officials are hoping to leverage AI’s power to synthesise information to help shape decisions Published Thu, Feb 12, 2026 · 11:12 AM [NEW YORK] The Pentagon is pushing the…
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China has bought some Venezuelan oil from the US, Chris Wright says
In Asia, several Indian refiners have bought Venezuela’s flagship Merey crude following the US action Published Thu, Feb 12, 2026 · 10:46 AM [SINGAPORE] China has bought some Venezuelan oil…
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Gold, silver dip as dollar rises after strong US jobs data
Published Thu, Feb 12, 2026 · 10:19 AM [BENGALURU] Gold and silver fell on Thursday (Feb 12) as the US dollar firmed after stronger-than-expected January jobs data dented expectation for…
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South Koreans are shunning dangerous shipbuilding jobs envied by Trump
Demand is growing as the industry enjoys a new boom that puts further strains on its workforce [SEOUL] South Korea has promised to help “Make American Shipbuilding Great Again”, pitching…
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STI crosses 5,000 mark for first time to a new record
Its gains follow measures to revive Singapore’s stock market, a strong Singdollar and a pivot from US-dollar assets [SINGAPORE] After days of fluctuations, the Straits Times Index (STI) surpassed the…
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STI crosses 5,000 mark for first time to record high
Its gains follow measures to revive Singapore’s stock market, a strong Singdollar and a pivot from US-dollar assets [SINGAPORE] After days of fluctuations, the Straits Times Index (STI) surpassed the…
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GIC weighs selling stake in European data centre JV for up to one billion euros
Published Thu, Feb 12, 2026 · 09:24 AM [LONDON] GIC is considering a sale of its 80 per cent stake in a European data centre joint venture (JV), a potential…
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UK’s digital bonds to be issued using HSBC blockchain platform
The plans also come as large financial institutions around the globe ramp up efforts to tokenise other financial instruments Published Thu, Feb 12, 2026 · 09:06 AM [LONDON] The UK…
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Japan’s Nikkei surges past 58,000 for first time as Takaichi trade rally continues
Published Thu, Feb 12, 2026 · 09:06 AM [TOKYO] Japan’s Nikkei share average surged past the 58,000 mark for the first time, continuing a scorching rally since Prime Minister Sanae…
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Companies fear Singapore’s proposed coastal defences will affect lease tenures, costs
[SINGAPORE] Companies in Singapore recognise the need for them to protect their assets from rising seas, but are concerned over how lease renewals and the costs of implementing coastal defences will…
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Stocks to watch: Singtel, StarHub, FEHT, Thomson Medical, Starhill Global Reit, Prime US Reit, Soilbuild
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Feb 12): Singtel : Its third-quarter net profit rose 43.5 per cent to S$1.9…
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Singtel Q3 net profit up 43.5% at S$1.9 billion on exceptional gain from Airtel stake sale
Optus is ‘continuing to invest in strengthening resilience’ after an independent review into the Triple Zero outage, says Singtel group CEO [SINGAPORE] Singtel posted a 43.5 per cent surge in…
