Business
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Malaysia central bank says to test ringgit stablecoins, tokenised deposits in 2026
Published Wed, Feb 11, 2026 · 12:59 PM [KUALA LUMPUR] Malaysia’s central bank on Wednesday announced three initiatives to test real-world applications involving ringgit stablecoins and tokenised deposits in 2026.…
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Owner of Dairy Queen, Papa John’s China operations is said to weigh US$500 million sale
Several high-profile global brands have been re-evaluating their China operations Published Wed, Feb 11, 2026 · 12:57 PM [HONG KONG] FountainVest Partners is considering selling the franchise operator of Papa…
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Australian dollar hits three-year peak on rate-hike bets
Published Wed, Feb 11, 2026 · 11:58 AM [SYDNEY] The Australian dollar climbed to a fresh three-year peak on Wednesday as the central bank signalled hawkish policy again, while the…
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Elon Musk wants to build an AI satellite factory on the moon
Published Wed, Feb 11, 2026 · 11:56 AM [SAN FRANCISCO] Elon Musk told employees at xAI, his artificial intelligence (AI) company, on Tuesday (Feb 10) evening that the company needed…
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China’s big silver squeeze persists even as prices steady
Published Wed, Feb 11, 2026 · 10:56 AM INTERNATIONAL silver prices have steadied after an epic bout of turbulence, but supplies in China are still being pinched as investment and…
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Two co-founders of Elon Musk’s xAI resign, joining exodus
Published Wed, Feb 11, 2026 · 10:47 AM XAI co-founders Tony Wu and Jimmy Ba have resigned from the artificial intelligence firm they started with billionaire Elon Musk less than…
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‘We’re not deal junkies’: CapitaLand Investment CEO says potential M&As must help build long-term capabilities, drive share price
[SINGAPORE] CapitaLand Investment (CLI) is not pursuing merger and acquisition (M&A) opportunities “just for growth”, said the real asset manager’s group chief executive officer Lee Chee Koon on Wednesday (Feb…
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Australia central bank again warns inflation is too high
Published Wed, Feb 11, 2026 · 10:13 AM [SYDNEY] A top Australian central banker said on Wednesday inflation was too high and policy makers were committed to doing whatever was…
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UK fintech funding fell 21% last year, hitting lowest since 2020
Total global fintech funding hit US$116 billion, up from US$95.5 billion in 2024, according to the report Published Wed, Feb 11, 2026 · 10:11 AM [LONDON] Investment in the UK…
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Sheng Siong shares close 4.2% lower after OCBC downgrade
The stock’s forward price-to-earnings ratio is more than two standard deviations above its historical average [SINGAPORE] Shares of Sheng Siong dropped as much as 6 per cent on Wednesday (Feb…
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Sheng Siong shares tumble as much as 6% after OCBC downgrade
The stock’s forward price-to-earnings ratio is more than two standard deviations above its historical average [SINGAPORE] Shares of Sheng Siong dropped as much as 6 per cent on Wednesday (Feb…
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Gold, silver climb as US yields fall on softer retail sales
Published Wed, Feb 11, 2026 · 09:49 AM [BENGALURU] Gold and silver prices rose on Wednesday (Feb 11) as US Treasury bond yields fell after data showed December retail sales…
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Jack Ma-backed Ant bets on AI health in 480 billion yuan sector race
The move comes with risks in a digital health sector littered with companies that scaled quickly, but struggled to turn a profit [HONG KONG] Roughly five years ago, Ant Group…
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China’s Li inspects rare earth facilities, hints at leverage in US rivalry
Rare earths are components essential to the manufacture of everything from automobiles to smartphones Published Wed, Feb 11, 2026 · 09:22 AM [BEIJING] China’s second-ranking official, Premier Li Qiang, inspected…
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CapitaLand Investment shares fall 3.5% after posting H2 net loss
The asset manager’s latest S$142 million net loss marks a reversal from the S$148 million earnings reported a year earlier [SINGAPORE] Shares of CapitaLand Investment (CLI) slumped as much as…
