News
Singapore stocks falter on Friday; STI down 1.6%
[SINGAPORE] Singapore shares ended lower on Friday (Feb 13), tracking losses on regional indices.The benchmark Straits Times Index (STI) fell 1.6 per cent or 78.98 points to 4,937.78. Meanwhile,...
DBS launches zero-remittance fee payment service to Chinese digital wallet
The bank is also looking to link its DBS PayLah! service to Weixin Pay to further cross-border payments[SINGAPORE] DBS customers looking to transfer money to Chinese e-wallet Weixin Pay...
New MAS growth capital workgroup aims to close gap between private capital and public listings
Members include top executives from GIC, Temasek, Blackrock and DBS, along with public sector representatives[SINGAPORE] A newly formed workgroup aimed at enhancing Singapore’s growth capital ecosystem will seek to...
Deutsche Bank’s private bank eyes hiring push in emerging markets
Published Fri, Feb 13, 2026 · 01:34 PM[SINGAPORE] Deutsche Bank plans to add up to 50 relationship managers in its emerging markets private banking unit this year, said a...
Chinese automakers’ need for speed comes with a price
IN RECENT years, Chinese carmakers, particularly those focused on electric vehicles (EVs), have hit the accelerator on new model launches with an eye on grabbing a larger share of...
Singaporeans flock to gold despite record-high prices ahead of Chinese New Year
Analysts attribute recent spikes in retail demand to wealth preservation seeking rather than festive buying[SINGAPORE] Festive demand for gold ahead of Chinese New Year has taken a backseat as...
CBS News considering new round of layoffs, could cut at least 15% of staff, Variety says
Published Fri, Feb 13, 2026 · 09:44 AM[WASHINGTON] CBS News is considering a new round of layoffs that could see cuts totaling at least 15 per cent of the...
STI drops below 5,000 after Budget 2026, but analysts see ample ‘fiscal dry powder’
The scaled-back handouts leave room for future support; the new measures could enable the continued recovery of the capital market [SINGAPORE] The Singapore market pulled back on Friday (Feb...
Hong Kong grapples with banker shortage to keep up with IPO boom
Banks are hard pressed to meet regulatory guidelines and are under increased scrutiny over the quality of IPO paperworkPublished Fri, Feb 13, 2026 · 08:33 AM[HONG KONG] Hong Kong...
Blackstone leads the race to unlock US$7 trillion of cash in Japan
The firm and rivals are trying to coax them to put more of it in private equity and credit[TOKYO] Steve Schwarzman has become an unlikely fixture in Japanese media...
Pinterest forecasts downbeat revenue as it battles for digital ad dollars; shares plunge
Published Fri, Feb 13, 2026 · 07:32 AMPINTEREST forecast first-quarter revenue below estimates on Thursday, underscoring the image-sharing platform’s ongoing struggle to compete for advertising dollars against deep-pocketed platforms,...
