Business
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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…
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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…
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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…
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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,…
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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,…
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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…
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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 ·…
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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…
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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…
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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…
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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…
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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…
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Margin relief lifts outlook for DBS, OCBC and UOB, extending Singapore bank rally
Sentiment remains largely positive on the sector amid resilient asset quality, steady capital returns [SINGAPORE] The three local banks may be nearing the end of the margin squeeze that has…
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News Corp beats quarterly revenue estimates on growth in Dow Jones unit
Published Fri, Feb 6, 2026 · 06:44 AM NEWS Corp beat Wall Street estimates for second-quarter revenue on Thursday, bolstered by growth in its Dow Jones, digital real estate and…
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Michael Saylor’s crypto project pounded after US$12.4 billion loss
Published Fri, Feb 6, 2026 · 06:43 AM [NEW YORK] Bitcoin’s plunge below US$65,000 is intensifying the crisis rocking the digital-asset complex, and few companies are more exposed than Michael…
