Singapore telco price war squeezes earnings, strengthens case for StarHub-M1 deal, say analysts

Singapore telco price war squeezes earnings, strengthens case for StarHub-M1 deal, say analysts

They say that consolidation has to be among the mobile network operators, not just the virtual operators [SINGAPORE] Weakening local mobile-service revenue and mounting earnings pressure at StarHub and Singtel Singapore are strengthening the case for consolidation in the intensely competitive domestic market, said analysts. For the incumbent telco operators to improve on their mobile…

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Bessent deploys debt buybacks in sign of concern over yield rise

Bessent deploys debt buybacks in sign of concern over yield rise

The new plan by the US Treasury Secretary drives the US dollar to the weakest in three months [NEW YORK] US Treasury Secretary Scott Bessent made a fresh attempt to rein in long-term borrowing costs from multi-year highs, sending Treasury yields and the US dollar down. Just two weeks after releasing its planned schedule for…

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Oil prices steady as investors assess US-Iran war outlook

Oil prices steady as investors assess US-Iran war outlook

Published Thu, Aug 20, 2026 · 06:03 AM [TOKYO] Oil prices steadied in early trade on Thursday (Aug 20) as investors assessed the outlook for the US-Iran war and the security of shipping through the Strait of Hormuz. Brent crude futures for October delivery rose 25 cents, or 0.3 per cent, to US$91.87 a barrel…

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Europe’s Stoxx 600 near three-week low as inflation worries weigh

Europe’s Stoxx 600 near three-week low as inflation worries weigh

Published Thu, Aug 20, 2026 · 05:56 AM EUROPEAN shares edged down to nearly a three-week low on Wednesday (Aug 19), as firmer oil prices and concerns over rising inflation offset relief from easing bond yields after the US Treasury announced more liquidity support for longer-dated debt. Euro zone bond yields slipped after the US Treasury…

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