Posts by Stephanie Irvin
Oil prices slide 2% to two-week low on talk of progress in US-Iran talks
Investors are closely watching US-Iran relations as any escalation or conflict could lead to Iran closing the Strait of Hormuz Published Wed, Feb 18, 2026 · 06:47 AM [NEW YORK] Oil prices fell about 2 per cent to a two-week low on Tuesday (Feb 17) on hopes tensions between the United States and Iran were…
Read MoreA RM11 billion takeover battle is testing Malay economic clout. Malaysia PM Anwar now holds all the cards
[KUALA LUMPUR] Malaysian Prime Minister Anwar Ibrahim holds the fate of Sunway’s RM11 billion (S$3.5 billion) takeover bid of IJM in his hands, as racial politics and controversial graft allegations swirl around the deal. The Jan 12 offer by the Sunway conglomerate – founded by tycoon Jeffrey Cheah – for IJM Corporation, one of Malaysia’s…
Read MoreByteDance pledges to prevent unauthorised IP use on AI video tool
Disney has sent a cease-and-desist letter accusing the Chinese company of using its characters to train and power the tool without permission Published Mon, Feb 16, 2026 · 03:00 PM [BEIJING] ByteDance will take steps to prevent the unauthorised use of intellectual property on its artificial intelligence (AI) video generator Seedance 2.0, the Chinese tech…
Read MoreSingapore stocks end almost flat before Chinese New Year; STI inches up 0.02%
Across the broader market, gainers outnumber decliners 294 to 197, with 765.9 million securities worth S$954.9 million traded [SINGAPORE] Local shares ended almost flat on Monday (Feb 16) ahead of the Chinese New Year break, as data showed that the Republic’s key exports grew a slower-than-expected 9.3 per cent year on year in January. The…
Read MoreAirAsia chief says brand unit is nearing Nasdaq backdoor listing
Published Mon, Feb 16, 2026 · 11:07 AM [KUALA LUMPUR] AirAsia founder Tony Fernandes said that the Asian airline’s branding unit is closing in on a Nasdaq-listed target for a backdoor listing later this year that would value the newly created entity at about US$1.5 billion. The deal, which will involve the merger of the…
Read MoreGold prices dip on firmer US dollar
Published Mon, Feb 16, 2026 · 09:52 AM [BENGALURU] Gold edged lower on Monday (Feb 9) as the US dollar rose after bullion notched a more than 2 per cent gain in the previous session, as cooler-than-expected US inflation data lifted expectations for interest rate cuts by the Federal Reserve. Spot gold fell 0.4 per…
Read MoreStocks to watch: ThaiBev, Marco Polo Marine, Lendlease Reit, Centurion, HPL
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Feb 16): Thai Beverage : The mainboard-listed company on Friday posted sales revenue for the first quarter ended Dec 31, 2025, of 86.7 billion baht (S$3.5 billion), down 6 per cent from 92.3 billion baht in the same year-ago…
Read MoreA lot of bull: As STI breaches 5,000, what more can we call for?
We should shift the whole market to unit shares, and get rid of the inefficient odd lot market that investors are sometimes forced into THE Straits Times Index (STI) crossed the 5,000 mark as Finance Minister Lawrence Wong delivered Budget 2026 last Thursday (Feb 12). The significance of 5,000 – apart from being the latest…
Read MoreCarry trade, commodities make EM currencies more stable than G7
Weaker US dollar and expectations for gradual Federal Reserve easing have reduced pressure on developing markets Published Sun, Feb 15, 2026 · 10:22 PM EMERGING market currencies are proving more stable than those in developed nations, a streak some investors say could become the longest in more than two decades. JPMorgan volatility indices show developing…
Read MoreGuocoLand chairman Quek Leng Chan builds interest
Over the five sessions spanning Feb 6 to 12, six primary-listed companies conducted buybacks with a total consideration of S$13.2 million [SINGAPORE] For the five trading sessions spanning Feb 6 to 12, institutions were net sellers of Singapore stocks, with net institutional outflow of S$137 million, taking the accumulated net outflow for early 2026 to…
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