News
DBS downgrades JMSEA to ‘hold’, deems parent Jardine Matheson a better buy
It notes that JMH has broader exposure to group’s revamp, more potential for valuation rerating[SINGAPORE] DBS Group Research has picked Jardine Matheson Holdings (JMH) over its subsidiary Jardine Matheson...
SpaceX profit beats estimates on 161% revenue jump, growth in AI, satellite internet businesses
Published Wed, Oct 21, 2026 · 06:45 AM[WASHINGTON] SpaceX exceeded estimates for quarterly revenue and profit, driven by substantial growth in its artificial intelligence and satellite internet businesses.Elon Musk’s...
Elon Musk says SpaceX, Tesla have begun exploring merger, but deal not guaranteed
He says there is ‘a lot of merit’ in combining the two firms, but shareholder support is requiredPublished Wed, Oct 21, 2026 · 06:34 AMELON Musk said that SpaceX...
Elon Musk says SpaceX, Tesla have begun exploring merger, but warns deal not guaranteed
He says there is ‘a lot of merit’ in combining the two firms but shareholder support is requiredPublished Wed, Oct 21, 2026 · 06:34 AMELON Musk said SpaceX and...
Oil rises on Middle East supply worries as Iran ship attacks spread beyond Hormuz
Published Wed, Oct 21, 2026 · 06:22 AM — Updated Wed, Oct 21, 2026 · 10:19 AM[BEIJING] Oil prices edged higher on Wednesday (Oct 21) on Middle East supply...
Dow outperforms as Wall Street rises, healthcare stocks lead gains
Healthcare leads gains among the S&P 500‘s 11 major sector indexes, hitting a record highPublished Wed, Oct 21, 2026 · 06:08 AM[NEW YORK] The Dow rose 1 per cent...
Hasbro raises annual revenue forecast on strong demand for digital games
Hasbro expects fiscal 2026 revenue to grow in the range of 7% to 9% on constant currency basisPublished Tue, Oct 20, 2026 · 09:07 PMHASBRO raised its annual revenue forecast on...
Fewer than one in 20 Singapore-listed firms disclose external board evaluations: study
Research also highlights gaps in succession planning and executive remuneration disclosures [SINGAPORE] Fewer than one in 20 Singapore-listed companies disclosed that they periodically engaged external parties to evaluate their boards...
Singapore banks may curb financing of firms in ‘zero-tolerance’ approach to open burning, deforestation
DBS, OCBC, UOB reiterate strict sustainability standards for clients as scrutiny intensifies over haze crisis[SINGAPORE] Singapore banks could reduce funding or exit relationships with errant companies, due to their...
Rich flyers’ splurges are saving airlines from a margin collapse
Carriers are pushing into luxury travel on a bet that affluent passengers will keep spending on pricey seatsROBERT Doornbos spent more on flights in 2025 than the average American...
