Business
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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…
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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…
