Business
-
Uber ordered to pay US$8.5 million in trial over driver sex assault claims
The company maintains that its drivers are independent contractors rather than employees Published Fri, Feb 6, 2026 · 10:48 AM A US jury ordered Uber on Thursday to pay US$8.5…
-
AI race sends Big Tech’s capital spending to stratospheric high
Each tech giant has laid out a slightly different route to recouping their investments [WASHINGTON] Four of the biggest US technology companies together have forecast capital expenditures that will reach…
-
Singapore, Asia markets bleed as Wall Street rout deepens; YZJ Shipbuilding sinks over 5%
[SINGAPORE] Asian markets took a beating at the open on Friday (Feb 6) after a new round of heavy selling hit US tech stocks and crypto. Yangzijiang Shipbuilding was the…
-
Singapore, Asia markets bleed as Wall Street rout deepens; YZJ Shipbuilding sinks over 5%
Shipbuilder’s shares likely affected by a drop in Maersk earnings, potential layoffs [SINGAPORE] Asian markets took a beating at the open on Friday (Feb 6) after a new round of…
-
Singapore, Asia markets mostly down after Wall Street tech rout
[SINGAPORE] Asian markets ended the week largely in the red on Friday (Feb 6), taking the cue from the US markets on Thursday, when tech stocks and crypto slumped over…
-
Rolls-Royce admits Thai Airways shortfall, plots aggressive regional comeback
RR is rolling out the final phase of its upgraded Boeing 787 engine, the Trent 1000 XE, this quarter [SINGAPORE] After years of damage control over its Boeing 787 engines,…
-
Rolls-Royce admits Thai Airways shortfall, plots aggressive regional comeback
RR is rolling out the final phase of its upgraded Boeing 787 engine, the Trent 1000 XE, this quarter [SINGAPORE] After years of damage control over its Boeing 787 engines,…
-
BYD’s US$60 billion wipeout points to deeper turmoil for China EVs
The company shares now trade at around 15 times forward earnings estimates, below their three-year average of 18 Published Fri, Feb 6, 2026 · 09:10 AM [HONG KONG] A relentless…
-
South Korea’s ETF boom puts assets on track to overtake Taiwan
The two tech-heavy Asian markets have been a focal point in recent years, thanks to a global frenzy sparked by the rise of AI Published Fri, Feb 6, 2026 ·…
-
Stocks to watch: CICT, Nio, Clar, CDL, HPH Trust, Low Keng Huat, First Reit
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Feb 6): CapitaLand Integrated Commercial Trust (CICT) : The trust on Friday posted a…
-
Roblox forecasts strong annual bookings as gaming platform momentum grows
Roblox forecast fiscal 2026 bookings of between US$8.28 billion and US$8.55 billion, above estimates Published Fri, Feb 6, 2026 · 08:25 AM ROBLOX forecast fiscal 2026 bookings above Wall Street…
-
Winklevosses’ Gemini to cut jobs, scale down in crypto retreat
The twins have donated millions of US dollars to causes supporting US President Donald Trump and the Republican party Published Fri, Feb 6, 2026 · 08:16 AM [LONDON] The crypto…
-
CapitaLand Integrated Commercial Trust’s H2 DPU rises 9.4% to S$0.0596
[SINGAPORE] The manager of CapitaLand Integrated Commercial Trust (CICT) on Friday (Feb 6) posted a distribution per unit (DPU) of S$0.0596 for the second half ended December, up 9.4 per…
-
Rio walks away from Glencore mega merger on price impasse
The idea of a combination of the two companies has been discussed several times over more than a decade Published Fri, Feb 6, 2026 · 07:56 AM [LONDON] Rio Tinto…