Posts by Swedan Margen
Temasek, LIC plan share sales in NSE’s India IPO: source
[ad_1] All shareholders of NSE will be given the option to participate in the secondary sale as part of the IPO Published Mon, Feb 2, 2026 · 02:50 PM [MUMBAI] Temasek Holdings and Life Insurance Corporation of India (LIC) are likely to be key sellers in the potential US$2.5 billion initial public offering of India’s…
Read MoreAlibaba to spend three billion yuan for Chinese New Year AI push as chatbot war heats up
[ad_1] The public holiday period this year begins on Feb 15 and is nine days long, longer than in most previous years Published Mon, Feb 2, 2026 · 02:09 PM [BEIJING] Alibaba said on Monday (Feb 2) that it will spend three billion yuan (S$549 million) to attract users to its Qwen artificial intelligence (AI)…
Read MoreHyundai Motor did not exercise option to buy back Russian auto factory
[ad_1] Published Mon, Feb 2, 2026 · 01:15 PM [SEOUL] South Korean automaker Hyundai Motor did not exercise a buyback option for its former manufacturing plant in Russia, the company said on Monday (Feb 2), amid the continuing war in Ukraine. Along with its affiliate Kia, Hyundai was once the biggest foreign carmaker in Russia.…
Read MoreAviation leaders tackle industrial and geopolitical headwinds
[ad_1] Published Mon, Feb 2, 2026 · 12:20 PM [SINGAPORE] Aviation leaders tackled barriers to growth and the impact of geopolitical tensions on the eve of the Singapore Airshow on Monday, while reaffirming pledges to reduce emissions. Supply chain problems are hurting global airlines and will remain for some time to come, the head of…
Read More‘Beat estimates’: RHB upgrades CDL Hospitality Trusts to ‘buy’ on improved earnings, bright sector outlook
[ad_1] The bank’s research team is lifting its target price for the trust to S$1.00, up 13.6% from S$0.88 [SINGAPORE] RHB has upgraded its call on CDL Hospitality Trusts (CDLHT) to “buy” from “neutral”, following improved Q4 earnings and a positive sector outlook. The bank also lifted its target price for CDLHT by 13.6 per…
Read MoreIndonesian stocks fall 5% after last week’s dramatic shake-up, US$80 billion rout
[ad_1] Published Mon, Feb 2, 2026 · 11:07 AM — Updated Mon, Feb 2, 2026 · 05:47 PM [SINGAPORE] Indonesian stocks slid on Monday (Feb 2), weighed down by a sell-off in commodities, after a tumultuous week during which a warning from MSCI over transparency concerns triggered an US$80 billion market rout and the country’s…
Read MoreCAAS, EDB ink pact with GE Aerospace to co-develop AI and propulsion technologies
[ad_1] GE Aerospace will expand its Singapore presence beyond maintenance, repair and overhaul under a new R&D partnership [SINGAPORE] The Civil Aviation Authority of Singapore (CAAS) and the Economic Development Board (EDB) have signed a memorandum of understanding with GE Aerospace to collaborate on next-generation aviation technologies. These will range from artificial intelligence (AI) to…
Read MoreGold falls 1.5% on firm US dollar, silver recovers from over three-week low
[ad_1] Published Mon, Feb 2, 2026 · 10:08 AM [BENGALURU] Gold extended falls on Monday (Feb 2), pressured by a firm US dollar, as investors gauged US President Donald Trump’s Fed chair pick Kevin Warsh’s approach to interest rate cuts, while silver recovered from a more than three-week low hit on Friday. Spot gold was…
Read MoreChinese speculators set the stage for gold and silver crash
[ad_1] Metals traders in Europe and the US have been working around the clock, unwilling to miss the Asian trading day [LONDON] In the history of the silver market, prices had traded above US$40 an ounce for only a handful of brief periods before last year. On Friday (Jan 30), exhausted traders watched in shock…
Read MoreMoneyMax expects ‘significant improvement’ in H2 net profit
[ad_1] [SINGAPORE] Pawnbroker and gold retailer MoneyMax on Monday (Feb 2) said that it expects a “significant improvement” in its second-half and full-year net profit. This is set to be mainly down to a stronger financial performance of its pawnbroking segment, due to higher interest income, as well as the group’s retail and trading of…
Read MoreTrump's deportation surge loses big in Texas court, but prevails in Minnesota
[ad_1] The Justice Department plans to appeal a federal judge’s scathing ruling that freed 5-year-old Liam Conejo Ramos and his father and suggested the Trump administration was acting immorally and violating the founding principles of the Declaration of Independence. [ad_2] Source link
Read MoreWhy stocks will reward patient bullishness in 2026
[ad_1] Markets should stay positive in 2026, but slower gains and higher volatility lie ahead WITH 2025’s good-to-great gains for global stock markets – and the Straits Times Index (STI) up another 6 per cent as at Jan 27 – what should investors expect in 2026? My answer: Another positive year, but don’t get exuberant.…
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