Hit
-
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…
-
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…
-
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…
-
Peloton cuts 11% of jobs, with engineering teams getting hit
The fitness technology company joins a slew of other tech companies that have recently slashed their workforces Published Sat, Jan 31, 2026 · 11:32 AM [LONDON] Peloton Interactive, the long-struggling…
-
Trump Admin Hit With Court Order Over Refugee Detentions
A federal judge has blocked the Trump administration from arresting and detaining legal refugees in Minnesota, ruling that the government lacked lawful authority to hold people who were legally present…
-
STI could hit as high as 6,500 on extended rally, says JPMorgan, giving its top picks
Small and mid-cap stocks could ‘stage a catch-up rally’ amid ‘strong catalysts’ [SINGAPORE] As the Straits Times Index (STI) nears 5,000 points this week, an extended rally could drive the…
-
STI could hit as high as 6,500 on extended rally, says JPMorgan, giving its top picks
Small and mid-cap stocks could ‘stage a catch-up rally’ amid ‘strong catalysts’ [SINGAPORE] As the Straits Times Index (STI) nears 5,000 points this week, an extended rally could drive the…
-
DBS, OCBC, UOB target prices climb as banks hit record highs
[SINGAPORE] Analysts are ratcheting up target prices for local lenders as their shares and the benchmark Straits Times Index (STI) scaled new peaks. OCBC ’s mean target price saw the…
-
Nike Job Cuts Hit U.S. Distribution Centers in Move Toward Automation
Nike is laying off 775 employees in the United States as part of a broader push to streamline operations and accelerate automation at its distribution centers. The cuts mainly affect…
-
UOBKH forecasts STI to hit 5,400 by end-2026; bets on EQDP boost, banking giants
[SINGAPORE] The Straits Times Index (STI) may reach 5,400 points by the end of 2026, driven by policy tailwinds and resilient corporate earnings, said UOB Kay Hian (UOBKH). The STI…
-
Why Indonesia’s rupiah hit a record low in January
[JAKARTA] Indonesia’s rupiah has been under sustained pressure for months as investors grow uneasy about the country’s fiscal outlook and the direction of economic policy. Those concerns pushed the currency…
-
UOB, OCBC hit record highs; STI reaches all-time peak
[SINGAPORE] Shares of UOB and OCBC hit record highs on Friday (Jan 23), driving the Straits Times Index (STI) to an all-time peak. UOB surged 5 per cent to a…
-
UOB, OCBC hit record highs; STI reaches all-time peak
[SINGAPORE] Shares of UOB and OCBC hit record highs on Friday (Jan 23), driving the Straits Times Index (STI) to an all-time peak. UOB surged 5 per cent to a…
-
UOB soars over 3% to hit record as OCBC also hits a high; STI jumps 1%
[SINGAPORE] Shares of OCBC Bank and UOB hit record highs on Friday (Jan 23), driving the Straits Times Index (STI) to an all-new peak. UOB shares rose 3.1 per cent…
-
UOB, OCBC hit records, drive STI to all-time high
[SINGAPORE] Shares of OCBC and UOB hit record highs on Friday (Jan 23), driving the Straits Times Index (STI) to an all-time peak. UOB surged as much as 4.8 per…
