News
European shares retreat from record highs as financials, industrials tumble
Published Fri, Feb 13, 2026 · 05:55 AMEUROPEAN shares fell on Thursday, erasing earlier gains that pushed markets to record highs, as financial and industrial stocks tumbled and investors digested...
iFast Q4 net profit rises more than 70% to S$32.9 million as banking operations turn profitable
Revenue for the quarter up 45.7% at S$151.7 million, driven by stronger contributions from ePension division[SINGAPORE] Digital bank and wealth management platform iFast posted a 70.4 per cent rise...
Wall St rises as markets assess economic data
Published Thu, Feb 12, 2026 · 10:41 PM[NEW YORK] Wall Street’s main indexes inched higher on Thursday (Feb 12), a day after robust jobs growth and a dip in...
Mercedes flags more margin pressure ahead, tough road in China
Published Thu, Feb 12, 2026 · 09:24 PM[STUTTGART, Germany] Mercedes-Benz said on Thursday (Feb 12) that the profit margin at its autos division could fall further this year, indicating...
Creative reduces H1 loss to US$1.2 million as restructuring lowers expenses
It attributes the improvement to lower payroll and related expenses following a restructuring exercise in FY2025[SINGAPORE] Creative Technology posted a net loss of US$1.2 million for the six months...
BRC Asia reports S$27.3 million in Q1 net profit on sustained construction demand
[SINGAPORE] Steel fabricator BRC Asia on Thursday (Feb 12) reported a net profit of S$27.3 million for the first quarter ended Dec 31, 2025. This compares with a profit...
Singapore stocks gain more ground on Thursday, STI up 0.7%
[SINGAPORE] Singapore stocks ended higher on Thursday (Feb 12) as regional indices mostly tracked lower.The benchmark Straits Times Index (STI) gained 0.7 per cent or 32.18 points to finish...
‘Go time’: Hospitality sector may benefit with 2026 tourist arrivals forecast to reach 17 million
Stocks with exposure to hospitality may gain from improved hotel performance, tourist receipts [SINGAPORE] The hospitality sector may be poised to reap benefits with Singapore’s tourist arrivals forecast to...
Hospitality sector may benefit, with 2026 tourist arrivals forecast to hit 17 million: OCBC Research
Stocks with exposure to hospitality may gain from improved hotel performance, tourist receipts [SINGAPORE] The hospitality sector may be poised to reap benefits with Singapore’s tourist arrivals forecast to...
Lufthansa strikes force hundreds of German flight cancellations
Europe’s largest aviation group faces mounting pressure to lift profitability in a crowded marketPublished Thu, Feb 12, 2026 · 12:53 PM[FRANKFURT] Deutsche Lufthansa cancelled hundreds of flights departing from...