Business
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Detroit auto industry spared from Trump’s latest tariff programme
Published Sat, Feb 21, 2026 · 01:50 PM [DETROIT] Detroit’s automakers learned Friday (Feb 20) night that they had been spared from tariffs that US President Donald Trump imposed after…
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Trump Rushes to Avoid Supreme Court Tariff Volleyball, Slaps 10% Duty on Imports in Hot Pursuit
President Donald Trump flung a litany of frustration at the Supreme Court on Friday in an angry White House press conference that took the form of a campaign rally more…
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OpenAI expects compute spend of around US$600 billion through 2030: source
Published Sat, Feb 21, 2026 · 12:53 PM [MEXICO CITY] OpenAI is targeting roughly US$600 billion in total compute spend through 2030, a source familiar with the matter told Reuters…
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Wikipedia founder sees no threat from Musk’s Grokipedia
Published Sat, Feb 21, 2026 · 12:11 PM [DELHI] The founder of Wikipedia said he isn’t worried about the threat posed to the free online encyclopedia from artificial intelligence-generated content,…
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China’s Shenzhen cracks down on risky gold trading amid wave of defaults
Published Sat, Feb 21, 2026 · 11:17 AM [SHENZHEN] Financial regulators in Shenzhen moved to curb illegal gold trading activities, targeting speculative schemes that have contributed to a wave of…
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Trump tariff reversal could cut costs for US energy firms but will likely leave broader flows unchanged
Published Sat, Feb 21, 2026 · 10:41 AM [HOUSTON] The US Supreme Court’s Friday (Feb 20) decision to strike down trade tariffs imposed by President Donald Trump last year may…
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Oil: Brent rises late, settles higher and with weekly gain on Iran-US jitters
Published Sat, Feb 21, 2026 · 08:42 AM [HOUSTON] Brent crude prices rose in late-day short-covering on Friday (Feb 20) as investors worried about US military action, as President Donald…
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Europe: Stoxx 600 hits record after US Supreme Court strikes down Trump tariffs
Published Sat, Feb 21, 2026 · 08:34 AM [BENGALURU] Europe’s Stoxx 600 closed at a record on Friday (Feb 20) after investors welcomed the US Supreme Court ruling that struck…
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US Supreme Court Delivers Critical Strike to Trump Trade Empire: Global Tariffs in Landmark Ruling, Exporters Upbeat
The U.S. Supreme Court on Friday unleashed a colossal blow to the pillar of the Trump economy: his broad tariffs on the trade partners of America across the globe. The…
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Stocks and US Treasury yields rise after Supreme Court scraps Trump’s tariffs
Stock markets in the United States and Europe jumped on Friday after the Supreme Court struck down U.S. President Donald Trump’s tariffs, a key pillar of the administration’s economic platform.…
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Wall Street ends higher after Supreme Court rules against Trump tariffs
Thousands of companies around the world have filed lawsuits challenging Trump’s sweeping tariffs Published Fri, Feb 20, 2026 · 11:51 PM — Updated Sat, Feb 21, 2026 · 08:14 AM…
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UOI H2 net profit surges 51.5% to S$23.7 million
[SINGAPORE] United Overseas Insurance (UOI), the insurance arm of UOB, posted a net profit of S$23.7 million for the second half of its 2025 fiscal year ended Dec 31 –…
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US stocks: Wall Street opens lower after economic data
WALL Street indexes opened lower on Friday (Feb 20) after data showed US economic growth slowed more than expected in the fourth quarter and inflation picked up in December. At…
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Parkway Life Reit secures 8.8 billion yen social loan from DBS, issues S$70 million green bond
The 10-year social loan is the first such facility the bank extends to the healthcare sector [SINGAPORE] Parkway Life Real Estate Investment Trust (Reit) has secured an 8.8 billion yen…
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Concord New Energy forecasts over 80% dip in profit for FY2025
This comes on the back of a decline in revenue and gross margin from its power generation business [SINGAPORE] Concord New Energy announced on Friday (Feb 20) that it expects…
