Business
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‘We want to be a dominant player’: DBS targets S$100 billion in cross-border flows by 2030
The lender plans to roll out same-day outbound remittances from China by the second half of 2026 [SINGAPORE] DBS is aiming to reach S$100 billion in consumer cross-border flows in…
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Indonesia’s moment of truth creates space for India-style rally
The core issues, chronically low free float and thin liquidity, have long weighed on the market’s appeal [SINGAPORE] A looming MSCI downgrade has plunged Indonesia’s stock market into a once-in-a-generation…
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Keppel closes up 6.1% at over-12-year high on profit growth, Piyush Gupta’s appointment as chair-designate
[SINGAPORE] Shares of Keppel rallied on Thursday (Feb 5) after the asset manager posted a 27.2 per cent increase in second-half earnings and announced former DBS chief Piyush Gupta as…
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Keppel rises 3.2% amid higher H2 net profit, Piyush Gupta’s appointment as chair-designate
[SINGAPORE] Shares of Keppel rose on Thursday (Feb 5) after the asset manager posted a 27.2 per cent increase in second-half earnings and announced ex-DBS chief Piyush Gupta as its…
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Hong Kong dollar slips as loose liquidity revs up carry trades
The one-month rate in the interbank market has dropped to the lowest since November Published Thu, Feb 5, 2026 · 09:27 AM [HONG KONG] The Hong Kong dollar drifted down…
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Choppy markets threaten ECB’s ‘good place’ but rates still firmly on hold
The euro zone’s central bank has been on hold since ending a year-long run of rate cuts in June Published Thu, Feb 5, 2026 · 09:14 AM [FRANKFURT] The European…
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TSMC plans US$17 billion investment in three-nanometre chip production in Japan: report
Published Thu, Feb 5, 2026 · 09:01 AM [TOKYO] Taiwan Semiconductor Manufacturing Company (TSMC) plans to mass produce advanced three-nanometre chips in Kumamoto in southern Japan with investment totalling US$17…
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Stocks to watch: Keppel, SGX, CLCT, Aims Apac Reit, Digital Core Reit
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Feb 5): Source link
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Keppel H2 profit rises 27.2% to S$645.4 million; proposes special dividend of S$0.13 per share
Special dividend proposed given its strong progress in monetisation, says company [SINGAPORE] Keppel posted a 27.2 per cent rise in net profit to S$645.4 million for the second half ended…
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Boeing to cut around 300 defence division supply chain jobs
The workforce reduction comes at a time when companies are paring jobs and closely monitoring headcount Published Thu, Feb 5, 2026 · 08:07 AM [LOS ANGELES] Boeing is eliminating about…
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China ramps up energy boom flagged by Musk as key to AI race
Published Thu, Feb 5, 2026 · 07:50 AM [NEW YORK] New data on China’s relentless energy installations underscore warnings from Elon Musk and Jensen Huang that the nation’s world-beating power…
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Google parent Alphabet says it could double capital spending in 2026
The big cloud companies are expected to collectively shell out more than US$500 billion on AI this year Published Thu, Feb 5, 2026 · 06:31 AM [SAN FRANCISCO] Alphabet said…
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Oil prices climb 3% as market awaits US-Iran talks
Opec members Saudi Arabia, Iran, the United Arab Emirates, Kuwait and Iraq export most of their crude via the Strait of Hormuz, mainly to Asia Published Thu, Feb 5, 2026…
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Wall Street ends down as AI worries slam tech stocks
Published Thu, Feb 5, 2026 · 06:03 AM [BENGALURU] US stocks ended lower on Wednesday (Feb 4), with losses in Advanced Micro Devices, Palantir and other technology companies, as investors…