Business
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‘Beat estimates’: RHB upgrades CDL Hospitality Trusts to ‘buy’ on improved earnings, bright sector outlook
The bank’s research team is lifting its target price for the trust to S$1.00, up 13.6% from S$0.88 [SINGAPORE] RHB has upgraded its call on CDL Hospitality Trusts (CDLHT) to…
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Indonesian stocks fall after last week’s dramatic shake-up, US$80 billion rout
Foreigners have sold a net of around US$736 million worth of shares since Wednesday Published Mon, Feb 2, 2026 · 11:07 AM [SINGAPORE] Indonesian stocks slid on Monday after a…
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Indonesian stocks fall 5% after last week’s dramatic shake-up, US$80 billion rout
Published Mon, Feb 2, 2026 · 11:07 AM — Updated Mon, Feb 2, 2026 · 05:47 PM [SINGAPORE] Indonesian stocks slid on Monday (Feb 2), weighed down by a sell-off…
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Positive takeaways for Singapore Reits from Keppel Reit’s dpu dilutive MBFC Tower 3 deal
With demand for office trusts focused in the Republic despite lower yields, more capital should be allocated domestically [SINGAPORE] Investors buy real estate investment trusts (Reits) to earn recurrent income…
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CAAS, EDB ink pact with GE Aerospace to co-develop AI and propulsion technologies
GE Aerospace will expand its Singapore presence beyond maintenance, repair and overhaul under a new R&D partnership [SINGAPORE] The Civil Aviation Authority of Singapore (CAAS) and the Economic Development Board…
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‘Shop in China’ travel boom risks complicating PBOC’s yuan math
Foreign visitors to the capital city of Beijing spent an unprecedented 50.6 billion yuan in 2025 Published Mon, Feb 2, 2026 · 10:29 AM A SURGE in foreign travellers strolling…
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Gold falls 1.5% on firm US dollar, silver recovers from over three-week low
Published Mon, Feb 2, 2026 · 10:08 AM [BENGALURU] Gold extended falls on Monday (Feb 2), pressured by a firm US dollar, as investors gauged US President Donald Trump’s Fed…
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ST Engineering to design and develop new satellites in Singapore
These will improve high-speed data transfer, disaster response planning and environmental monitoring [SINGAPORE] ST Engineering will design and develop a constellation of four radar satellites in Singapore, a move set…
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Oil prices fall by 3% on US-Iran de-escalation
Published Mon, Feb 2, 2026 · 09:58 AM [TOKYO] Oil prices fell 3 per cent on Monday as US President Donald Trump said over the weekend Iran was “seriously talking” with…
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China AI deals push Hong Kong listings to busiest start of the year
The rapid pace of offerings is a promising sign that the city can build on the recovery last year Published Mon, Feb 2, 2026 · 09:51 AM [HONG KONG] It…
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Australia set for U-turn to rate hike in break from global trend
The turnaround has been driven by stubborn price pressures buttressed by a surprise drop in unemployment Published Mon, Feb 2, 2026 · 09:22 AM [SYDNEY] Australia’s central bank faces the…
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Chinese speculators set the stage for gold and silver crash
Metals traders in Europe and the US have been working around the clock, unwilling to miss the Asian trading day [LONDON] In the history of the silver market, prices had…
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Oracle plans to raise US$45 billion to US$50 billion in 2026
Published Mon, Feb 2, 2026 · 08:39 AM ORACLE expects to raise US$45 billion to US$50 billion in 2026 to build additional capacity for its cloud infrastructure, the software company…
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Oracle says it plans to raise up to $50 billion in debt and equity this year
Published Mon, Feb 2, 2026 · 08:39 AM — Updated Mon, Feb 2, 2026 · 09:52 AM ORACLE expects to raise US$45 billion to US$50 billion in 2026 to build…
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MoneyMax expects ‘significant improvement’ in H2 net profit
[SINGAPORE] Pawnbroker and gold retailer MoneyMax on Monday (Feb 2) said that it expects a “significant improvement” in its second-half and full-year net profit. This is set to be mainly…
