Business
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Offer for Low Keng Huat turns unconditional with 95.5% of shares secured
Managing director Marco Low and his family are taking the company private at S$0.78 per share [SINGAPORE] The privatisation bid for construction and property developer Low Keng Huat (LKH) has…
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Wall Street opens lower on anxiety over Alphabet’s capex plans
Published Thu, Feb 5, 2026 · 10:45 PM [NEW YORK] Wall Street’s main indexes opened lower on Thursday (Feb 5) as investors fretted over Alphabet’s spending plans and Qualcomm’s downbeat…
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OpenAI unveils AI agent service as part of push to attract businesses
The platform is part of a broader effort by OpenAI to seize the enterprise market from its rivals Published Thu, Feb 5, 2026 · 10:41 PM [SAN FRANCISCO] OpenAI on…
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First Reit H2 DPU falls 10.3% to S$0.0104 on weaker rupiah and yen
Distributable income for the second half declines 9.3% to S$22 million, from S$24.3 million [SINGAPORE] First Real Estate Investment Trust (Reit)’s distribution per unit (DPU) for the second half of…
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ECB keeps rates unchanged even as choppy markets threaten its ‘good place’
Published Thu, Feb 5, 2026 · 09:37 PM [FRANKFURT] The European Central Bank left interest rates unchanged as expected on Thursday (Feb 5) and offered no clues about its next…
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China warns of security risks linked to OpenClaw open-source AI agent
The industry ministry cautions that organisations using it should apply robust identity authentication and access controls Published Thu, Feb 5, 2026 · 09:37 PM [BEIJING] China’s industry ministry on Thursday…
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EV maker Nio set to record first adjusted operating profit for Q4 FY2025
The turnaround is driven by ‘sustained growth’ in sales volume and a favourable product mix [SINGAPORE] Electric vehicle manufacturer Nio expects to record its first-ever quarterly adjusted operating profit for…
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Air India probes if crew followed protocols in Boeing fuel-switch incident
Britain has given Air India a week’s deadline to submit a complete response, or face regulatory action Published Thu, Feb 5, 2026 · 08:29 PM [NEW DELHI] Air India said…
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Bank of England holds rates after narrow 5-4 vote, signals reduction ahead
It has been moving cautiously as Britain has the highest inflation rate among the world’s big, rich economies Published Thu, Feb 5, 2026 · 08:18 PM [LONDON] The Bank of…
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Aster to complete Singapore refinery expansion, berth works in second-half of 2026
Published Thu, Feb 5, 2026 · 07:59 PM [SINGAPORE] Singapore’s Aster Chemicals and Energy expects to complete several projects in the second half of this year to raise its refining…
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Elite UK Reit secures £24.3 million in new leases with UK government
Its portfolio’s weighted average lease to expiry is expected to improve from 2.4 years to 7.2 years [SINGAPORE] Elite UK Real Estate Investment Trust (Reit) has inked new lease agreements…
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Maersk’s 2026 earnings drop with gradual opening of Red Sea, cuts jobs
It expects its underlying Ebitda to be between US$4.5 billion and US$7 billion this year, down from US$9.6 billion in 2025 Published Thu, Feb 5, 2026 · 07:12 PM [COPENHAGEN]…
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Syngenta targets up to US$10 billion Hong Kong listing in 2026: sources
Published Thu, Feb 5, 2026 · 06:46 PM [ZURICH/HONG KONG] Syngenta Group is targeting a Hong Kong listing that could raise as much as US$10 billion this year, two sources…
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HPH Trust’s H2 DPU down 9.7% at HK$0.065; braces for continued uncertainty over US-China tariffs
The trust warns of ‘gradual restructuring of shipping routes and cargo flows’ as trade remains volatile [SINGAPORE] Hutchison Port Holdings Trust (HPH Trust) declared a distribution per unit (DPU) of…
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CapitaLand Ascendas Reit looks to redevelop older business park and data centre assets, as H2 DPU falls 2% to S$0.07528
The older business park assets are in Changi Business Park and International Business Park [SINGAPORE] CapitaLand Ascendas Reit (Clar) on Thursday (Feb 5) posted a 2 per cent drop in…
