News

Bitcoin plummets, driving US$2 trillion tumble in crypto market value
Published Fri, Feb 6, 2026 · 06:13 AM[NEW YORK] Bitcoin plunged on Thursday (Feb 5), its decline accelerating amid weakening risk sentiment driven in part by volatility in precious...
European shares fall as investors gauge earnings, ECB keeps rates unchanged
Published Fri, Feb 6, 2026 · 05:52 AMEUROPEAN shares fell on Thursday as the European Central Bank kept interest rates unchanged but offered no clues about its next move, while investors...
First Reit H2 DPU falls 10.3% to S$0.0104 on weaker rupiah and yen
Distributable income for the second half declines 9.3% to S$22 million, from S$24.3 million[SINGAPORE] First Real Estate Investment Trust (Reit)’s distribution per unit (DPU) for the second half of...
Air India probes if crew followed protocols in Boeing fuel-switch incident
Britain has given Air India a week’s deadline to submit a complete response, or face regulatory actionPublished Thu, Feb 5, 2026 · 08:29 PM[NEW DELHI] Air India said on...
Elite UK Reit secures £24.3 million in new leases with UK government
Its portfolio’s weighted average lease to expiry is expected to improve from 2.4 years to 7.2 years[SINGAPORE] Elite UK Real Estate Investment Trust (Reit) has inked new lease agreements...
Maersk’s 2026 earnings drop with gradual opening of Red Sea, cuts jobs
It expects its underlying Ebitda to be between US$4.5 billion and US$7 billion this year, down from US$9.6 billion in 2025Published Thu, Feb 5, 2026 · 07:12 PM[COPENHAGEN] Danish...
CapitaLand Ascendas Reit H2 DPU falls 2% to S$0.07528 
[SINGAPORE] CapitaLand Ascendas Reit (Clar) on Thursday (Feb 5) posted a 2 per cent drop in its distribution per unit (DPU) to S$0.07528 for the second half of the...
BNP Paribas vows more cost cuts after profit tops forecast
BNP reported net income of 2.97 billion euros (S$4.46 billion) for the three months ending in DecemberPublished Thu, Feb 5, 2026 · 05:18 PM[PARIS] BNP Paribas nudged up its...
Malaysia sees further upside for ringgit, 2026 growth forecast
Published Thu, Feb 5, 2026 · 02:51 PM[KUALA LUMPUR] The Malaysian ringgit, Asia’s top performing currency in the past year, still has potential to gain as the economy continues...
Billionaire owners seen posing challenge for new OCBC chief Tan
The bank split the jobs of chairman and CEO in 1998, and have appointed outside professionals for both positions since 2003[SINGAPORE] As Tan Teck Long takes the helm of...
Analysts lift target prices for Singtel after STT GDC deal – with highest upside over 10%
[SINGAPORE] At least two brokerages have raised their target prices for Singtel, following the telco’s move to acquire a stake in data centre operator STT GDC as part of...
Trillion-dollar tech wipeout ensnares all stocks in AI’s path
Published Thu, Feb 5, 2026 · 12:55 PM[SAN FRANCISCO] There have been many artificial intelligence (AI)-driven sell-offs in the three years since ChatGPT burst into the mainstream. Nothing, though,...