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US-Iran War Costs Hit $25 Billion As Political Pressure Mounts Ahead Of Midterms
The United States’ ongoing military campaign against Iran has already cost an estimated $25 billion, according to a senior Pentagon official, marking the first formal disclosure of the financial toll…
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Trump Medicaid Cuts Put 446 Hospitals in Danger, Threatening Care for 6.6 Million: California, New York, Illinois and Washington Among the States Facing the Biggest Hit – REPORT
The Trump administration’s Medicaid cuts could put hospital care out of reach for millions of Americans, with California, New York, Illinois, and Washington among the states facing the biggest hit,…
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Bank of England hit by 5% inflation risk from war in Iran
An economist says that the doubling in natural gas prices alone will add 3 percentage points Published Mon, Mar 9, 2026 · 10:50 PM [LONDON] The Bank of England (BOE)…
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Hospitality sector may benefit, with 2026 tourist arrivals forecast to hit 17 million: OCBC Research
Stocks with exposure to hospitality may gain from improved hotel performance, tourist receipts [SINGAPORE] The hospitality sector may be poised to reap benefits with Singapore’s tourist arrivals forecast to hit…
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European shares hit record high as energy stocks surge; tech, financials stumble
Published Thu, Feb 12, 2026 · 05:51 AM EUROPEAN shares closed at a record high on Wednesday, as gains in commodity-related stocks offset weakness in technology and financials, while investors assessed…
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Japan’s Nikkei, Topix hit record highs on earnings, ‘Takaichi trade’ optimism
Published Tue, Feb 10, 2026 · 10:51 AM [TOKYO] Japan’s Nikkei share average surged to a record high in early Tuesday trade, following robust quarterly earnings and momentum from Prime…
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Fed’s Miran says data suggests Americans aren’t shouldering tariff hit
Miran’s view contradicted data showing that Americans are bearing the burden of paying for tariffs Published Tue, Feb 10, 2026 · 07:55 AM FEDERAL Reserve Governor Stephen Miran on Monday…
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About 120,000 users hit by Singtel-owned Optus’ mobile service outage
The Australian telco says it has ‘noticed a significant decline in the number of customers impacted’ [SINGAPORE] Some 120,000 users of Optus experienced mobile service disruptions in Australia on Monday…
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About 60,000 users still hit by Singtel-owned Optus’ mobile service outage
Majority of customers have restored their services after restarting their phones, says Optus spokesperson [SINGAPORE] After several hours of mobile service disruptions on Monday (Feb 9), the majority of Optus…
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ST Engineering shares hit record high after Airshow
The company’s announcements at the Singapore Airshow include a new hovercraft vessel, satellites and its biggest cargo drone [SINGAPORE] Shares of ST Engineering jumped as much as 4.5 per cent…
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Stellantis plunges after taking 22 billion euros hit on EVs
The writedowns, which include some 6.5 billion euros in cash payments mainly to compensate suppliers Published Fri, Feb 6, 2026 · 06:47 PM [MILAN] Stellantis shares fell the most on…
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Qualcomm, Arm hit by concern that memory shortage is spreading
The historic build-out of AI infrastructure is driving the shortage of memory chips Published Thu, Feb 5, 2026 · 10:27 AM [SAN FRANCISCO] Shares of Qualcomm and Arm Holdings fell…
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US software stocks hit by Anthropic wake-up call on AI disruption
Published Thu, Feb 5, 2026 · 12:02 AM [NEW YORK] US software stocks extended their slide on Wednesday, driven by fears of disruption caused by artificial intelligence, with some analysts…
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Singapore’s digital payments set to hit US$113.7 billion by 2030, cementing regional lead
Gen Z and millennial consumers are driving the shift towards cashless transactions in the city-state [SINGAPORE] Digital payments in Singapore are projected to grow to US$113.7 billion by 2030, up…
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Institutions turn net sellers as new share placements hit the market
Net institutional outflow of S$61.6 million has reduced the net inflow for January to S$211 million [SINGAPORE] For the five trading sessions spanning Jan 23 to 29, institutions were net…