Business
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Julius Baer profit drops in 2025 amid write-downs, but beats expectations
It has reported a net profit of 764 million Swiss francs, with a net credit loss of 213 million francs Published Mon, Feb 2, 2026 · 05:27 PM [ZURICH] Swiss…
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ICAO Council president sanguine that aviation sector will cut carbon emissions by 5% by 2030
Toshiyuki Onuma notes that there are several possibilities to increase the production of sustainable aviation fuel [SINGAPORE] Toshiyuki Onuma, the newly elected president of the International Civil Aviation Organization (ICAO)…
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In South-east Asia, can quick commerce become a key growth driver for food delivery platforms?
This approach improves rider utilisation rates and could catalyse subscription services [SINGAPORE] Quick commerce is evolving in Singapore as food delivery platforms seek to improve unit economics, with customers moving…
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In S-E Asia, can quick commerce become a key growth driver for food delivery platforms?
This approach improves rider utilisation rates and could catalyse subscription services [SINGAPORE] Quick commerce is evolving in Singapore as food delivery platforms seek to improve unit economics, with customers moving…
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Disney is close to picking parks chief D’Amaro as next CEO
He is now leading a US$60 billion investment in expanding the company’s resorts and nearly doubling its fleet of cruise ships Published Mon, Feb 2, 2026 · 04:39 PM [LOS…
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Singapore Airlines launching direct flights to Riyadh from June
This will be the group’s second destination in Saudi Arabia, complementing Scoot flights to Jeddah [SINGAPORE] Singapore Airlines (SIA) will commence non-stop flights between Singapore and Riyadh, Saudi Arabia, from…
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BYD leads Chinese automaker sell-off on weakening sales
The sell-off highlights rising investor concern that China’s carmakers face a prolonged slowdown Published Mon, Feb 2, 2026 · 04:19 PM [HONG KONG] Shares of BYD sank to their lowest…
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India considering 49% foreign ownership in state-run banks
Published Mon, Feb 2, 2026 · 04:16 PM INDIA is considering allowing foreigners to own as much as 49 per cent stake in its state-run banks as policymakers look to…
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BOJ summary suggests emerging urgency around timely rate hikes
Published Mon, Feb 2, 2026 · 03:45 PM A SUMMARY of opinions from the Bank of Japan’s (BOJ’s) January policy meeting indicated a growing awareness of the need to raise…
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Temasek, LIC plan share sales in NSE’s India IPO: source
All shareholders of NSE will be given the option to participate in the secondary sale as part of the IPO Published Mon, Feb 2, 2026 · 02:50 PM [MUMBAI] Temasek…
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Alibaba to spend three billion yuan for Chinese New Year AI push as chatbot war heats up
The public holiday period this year begins on Feb 15 and is nine days long, longer than in most previous years Published Mon, Feb 2, 2026 · 02:09 PM [BEIJING]…
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Hyundai Motor did not exercise option to buy back Russian auto factory
Published Mon, Feb 2, 2026 · 01:15 PM [SEOUL] South Korean automaker Hyundai Motor did not exercise a buyback option for its former manufacturing plant in Russia, the company said…
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Aviation leaders tackle industrial and geopolitical headwinds
Published Mon, Feb 2, 2026 · 12:20 PM [SINGAPORE] Aviation leaders tackled barriers to growth and the impact of geopolitical tensions on the eve of the Singapore Airshow on Monday,…