Business
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CapitaLand Ascendas Reit H2 DPU falls 2% to S$0.07528
[SINGAPORE] CapitaLand Ascendas Reit (Clar) on Thursday (Feb 5) posted a 2 per cent drop in its distribution per unit (DPU) to S$0.07528 for the second half of the year…
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Elliott raises Toyota Industries stake in push to block buyout
Published Thu, Feb 5, 2026 · 06:20 PM [TOKYO] Elliott Investment Management has increased its stake in Toyota Industries again as the activist investor ramps up efforts to block the…
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STI rises 0.2% to new high, edging closer to 5,000 mark
Across the broader market, gainers beat losers 306 to 299 after 1.5 billion securities worth S$2 billion change hands [SINGAPORE] Singapore stocks ended higher on Thursday (Feb 5), with the…
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BNP Paribas vows more cost cuts after profit tops forecast
BNP reported net income of 2.97 billion euros (S$4.46 billion) for the three months ending in December Published Thu, Feb 5, 2026 · 05:18 PM [PARIS] BNP Paribas nudged up…
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Grab to equip 10,000 drivers, merchants with AI skills by 2028
This aligns with efforts by policymakers to future-proof workers as AI reshapes business models and jobs [SINGAPORE] Grab aims to train 10,000 drivers and merchants on its platform with artificial…
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HSBC to cull underperformers as some bankers face zero bonuses
It wants to emulate its Wall Street rivals with a more hard-edged, “eat-what-you-kill” stance Published Thu, Feb 5, 2026 · 04:51 PM [LONDON] HSBC Holdings is preparing to hand some…
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US drone makers seek Asia sales as China threat rises
Published Thu, Feb 5, 2026 · 04:43 PM [SINGAPORE] Several US drone firms made their debuts at the Singapore Airshow this week, seeking to expand their business beyond the Pentagon…
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Shell keeps buybacks steady as profit falls, misses expectations
It has a Q4 net profit of US$3.3 billion, dropping 11% from the year before amid lower oil prices Published Thu, Feb 5, 2026 · 04:40 PM [LONDON] Shell’s fourth-quarter…
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Bitcoin falls below US$70,000 as market faces a ‘crisis of faith’
Published Thu, Feb 5, 2026 · 03:32 PM [LONDON] Bitcoin slumped below US$70,000, a level last seen 15 months ago, as a broad risk-off sentiment engulfed global markets. The largest…
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Bitcoin slumps with key US$70,000 level in sight
Published Thu, Feb 5, 2026 · 03:32 PM [SINGAPORE] Bitcoin was on the cusp of breaking below the key US$70,000 level on Thursday (Feb 5) as a slide in the…
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Malaysia sees further upside for ringgit, 2026 growth forecast
Published Thu, Feb 5, 2026 · 02:51 PM [KUALA LUMPUR] The Malaysian ringgit, Asia’s top performing currency in the past year, still has potential to gain as the economy continues…
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Malaysia sees further upside for ringgit, 2026 growth forecast
Published Thu, Feb 5, 2026 · 02:51 PM [KUALA LUMPUR] The Malaysian ringgit, Asia’s top performing currency in the past year, still has potential to gain as the economy continues…
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Billionaire owners seen posing challenge for new OCBC chief Tan
The bank split the jobs of chairman and CEO in 1998, and have appointed outside professionals for both positions since 2003 [SINGAPORE] As Tan Teck Long takes the helm of…
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OCBC’s billionaire owners seen posing challenge for new CEO Tan Teck Long
The bank split the jobs of chairman and CEO in 1998, and have appointed outside professionals for both positions since 2003 [SINGAPORE] As Tan Teck Long takes the helm of…
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BYD shifts to local parts in Brazil factory in bid for market leadership
Since October, the automaker has produced about 25,000 cars at the industrial complex Published Thu, Feb 5, 2026 · 01:29 PM [CAMACARI] Chinese automaker BYD is aiming to produce and…
