Business
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US IPO proceeds to quadruple to record US$160 billion in 2026 as dealmaking rebounds, says Goldman
The Wall Street brokerage also expects the number of IPOs to double to 120 this year Published Mon, Feb 9, 2026 · 06:08 PM [NEW YORK] US equity markets are…
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Singapore stocks continue rally, mirroring regional indices; STI up 0.5%
Across the broader market, gainers outnumber losers 432 to 165 after 1.3 billion securities worth S$2.4 billion change hands [SINGAPORE] Singapore stocks ended higher on Monday (Feb 9), tracking regional…
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Ascott to top S$500 million fee target on new signings, pipeline projects turning operational
[SINGAPORE] Ascott, the wholly owned lodging business unit of CapitaLand Investment, is on track to exceeding its S$500 million fee target amid new signings and as its pipeline projects turn…
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Bitcoin falls below US$70,000 after wild roller-coaster ride
Published Mon, Feb 9, 2026 · 05:44 PM — Updated Mon, Feb 9, 2026 · 08:38 PM [LONDON] Bitcoin slipped below US$70,000 on Monday (Feb 9) following a roller-coaster ride…
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DBS to give junior staff one-time bonus of S$1,000 each
[SINGAPORE] DBS on Monday (Feb 9) announced that it will award a one-time special bonus of S$1,000 to its junior-ranked employees. The initiative will benefit more than 23,000 employees across…
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DBS to give junior staff special one-time bonus of S$1,000 each
[SINGAPORE] DBS on Monday (Feb 9) announced that it will award a one-time special bonus of S$1,000 to its junior-ranked employees. The initiative will benefit more than 23,000 employees across…
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Chinese chip firm Montage Technology soars 64% in Hong Kong debut
Published Mon, Feb 9, 2026 · 05:08 PM [HONG KONG/SINGAPORE] China’s Montage Technology surged 64 per cent in its Hong Kong trading debut on Monday (Feb 9) after the world’s…
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Renminbi hits fresh 33-month high after report of regulators warning on US Treasury risk
Published Mon, Feb 9, 2026 · 04:12 PM [SHANGHAI] China’s renminbi edged higher to a fresh 33-month high against the US dollar on Monday (Feb 9), after a report that…
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Gold rush swamps UOB; bank to turn away walk-in bullion buyers, starts appointment-only service
It’s also extending operating hours at its main branch gold counters for physical gold purchases or Gold Savings Account physical conversions [SINGAPORE] UOB will be introducing new measures at its…
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Gold rush at UOB: bank extends hours and starts appointment-only service
The lender is also extending hours at its main branch gold counters for physical gold purchases or Gold Savings Account physical conversions [SINGAPORE] UOB will be introducing new measures at…
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DBS says AI push is paying off as it shifts from efficiency tool to growth engine
The time savings from the technology can be redeployed towards business expansion, says chief Tan Su Shan [SINGAPORE] Years of investment in artificial intelligence (AI) and machine learning helped to…
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Election win for Thai PM Anutin’s Bhumjaithai Party could boost market: analysts
A Bhumjaithai Party victory could improve political stability as well as boost foreign inflows and the Thai economy [SINGAPORE] The strong electoral performance of Thailand’s conservative Bhumjaithai Party could spark…
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Election win for Thai PM Anutin’s Bhumjaithai Party could boost market: analysts
The Bhumjaithai Party’s victory could improve political stability, boosting foreign inflows and the country’s economy [SINGAPORE] The strong electoral performance of Thailand’s conservative Bhumjaithai Party could spark a positive market…
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UBS to hire 50 HK wealth bankers after record revenue year
The Swiss bank, the largest private bank in Asia, hauled in US$62.5 billion of net new assets during 2025 Published Mon, Feb 9, 2026 · 02:46 PM [HONG KONG] UBS…
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Australia places tariff on Chinese steel frames, citing dumping
Published Mon, Feb 9, 2026 · 01:39 PM [MELBOURNE] Australia has imposed a 10 per cent tariff on steel ceiling frames from China, following an investigation by the nation’s Anti-Dumping…
