Business
-
Barbie maker Mattel’s grim annual forecasts, quarterly miss sink shares
Published Wed, Feb 11, 2026 · 06:41 AM MATTEL on Tuesday forecast full-year profit below Wall Street expectations after missing fourth-quarter estimates, as weak discretionary spending weighed on toy demand,…
-
Ford’s quarterly earnings miss forecasts, CEO sees stronger year in 2026
The automaker posted revenue of US$45.9 billion in the fourth quarter, beating analysts’ expectations Published Wed, Feb 11, 2026 · 06:20 AM [DETROIT] Ford Motor’s quarterly core profit fell about…
-
Commonwealth Bank profit tops estimates on business loans
Shares of the country’s largest lender are down more than 15% from a record high in June Published Wed, Feb 11, 2026 · 06:19 AM [SYDNEY] Commonwealth Bank of Australia’s…
-
European shares flat as insurance, energy losses offset luxury gains
Published Wed, Feb 11, 2026 · 05:56 AM EUROPE’S benchmark share index closed flat on Tuesday as investors weighed mixed corporate updates, with BP’s decision to suspend share buybacks offsetting…
-
CDLHT prices S$100 million perpetual securities at 4%
[SINGAPORE] CDL Hospitality Trusts (CDLHT) has priced S$100 million in subordinated perpetual securities at 4 per cent under its S$1.5 billion multicurrency debt issuance programme. The securities are perpetual with…
-
Wall St ticks higher as investors await economic data
Published Tue, Feb 10, 2026 · 10:41 PM [NEW YORK] Wall Street’s main indexes opened higher on Tuesday (Feb 10) after a sharp rally in the previous session as tech…
-
Centurion Accommodation Reit gets in-principle approval for Westlite Ubi dorm expansion
[SINGAPORE] Centurion Accommodation Real Estate Investment Trust (Reit) has received provisional permission from the Urban Redevelopment Authority to develop an additional six-storey block and to alter the existing eight-storey block…
-
Spotify sets user growth record due to ‘Wrapped’ promotion
Published Tue, Feb 10, 2026 · 09:30 PM SPOTIFY, the Swedish music streaming giant, signed up significantly more users than analysts expected, setting a corporate record for most customers added…
-
NTT DC Reit posts US$36.3 million in 9M distributable income
The nine-month distributable income was 0.4% higher than the Reit’s forecast of US$36.1 million [SINGAPORE] The manager of NTT DC Real Estate Investment Trust (NTT DC Reit) on Tuesday (Feb…
-
Wing Tai H1 net profit surges to S$40.3 million on higher takings from Singapore properties
[SINGAPORE] Property and retail company Wing Tai recorded a net profit of S$40.3 million for the first half ended Dec 31, 2025, up 300 per cent from S$10.1 million for…
-
F&N Q1 profit down 8.9% at S$47.4 million; company ups stake in Vinamilk
Acquisition of about 4.6% of Vinamilk’s issued shares will be funded via internal resources and borrowings [SINGAPORE] Beverage maker F&N reported a net profit of S$47.4 million for the first…
-
Singapore stocks continue gaining ground, tracking regional benchmarks; STI up 0.1%
Across the broader market, gainers edge out losers 379 to 222, after 1.4 billion securities worth S$1.8 billion change hands [SINGAPORE] Singapore stocks ended higher on Tuesday (Feb 10), tracking…
-
Gucci sales fall as Kering seeks turnaround under new CEO
Published Tue, Feb 10, 2026 · 05:51 PM [PARIS] Gucci sales fell in the final months of last year as Kering struggles to revive its biggest brand. Comparable revenue at…
-
AstraZeneca forecasts growth in 2026 as it builds drug pipeline
Its chief executive officer Pascal Soriot has a target of US$80 billion in annual sales by 2030 Published Tue, Feb 10, 2026 · 05:33 PM [BENGALURU/LONDON] AstraZeneca on Tuesday (Feb…
-
TSMC revenue jumps 37% in January; AI spending marches on
The demand for data centre chips is spurring the chipmaker to earmark as much as US$56 billion in capital spending this year Published Tue, Feb 10, 2026 · 05:30 PM…
