News
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,...
Aviation must adopt F1’s innovation speed, says SATS CEO Kerry Mok
Sats CEO Kerry Mok argues that the sector can no longer afford decade-long development cycles[SINGAPORE] The aviation industry must change more quickly and adopt the relentless “race-by-race” innovation cycle...
Baidu approves US$5 billion share buyback, first dividend
The Internet company joins larger peers Tencent Holdings and Alibaba Group Holding in enhancing shareholder returnsPublished Thu, Feb 5, 2026 · 10:56 AMBAIDU announced a three-year stock buyback programme...
‘We want to be a dominant player’: DBS targets S$100 billion in cross-border flows by 2030
The lender plans to roll out same-day outbound remittances from China by the second half of 2026 [SINGAPORE] DBS is aiming to reach S$100 billion in consumer cross-border flows...
Choppy markets threaten ECB’s ‘good place’ but rates still firmly on hold
The euro zone’s central bank has been on hold since ending a year-long run of rate cuts in JunePublished Thu, Feb 5, 2026 · 09:14 AM[FRANKFURT] The European Central...
Boeing to cut around 300 defence division supply chain jobs
The workforce reduction comes at a time when companies are paring jobs and closely monitoring headcountPublished Thu, Feb 5, 2026 · 08:07 AM[LOS ANGELES] Boeing is eliminating about 300...
