Wall St Muted After Anthropic Announces New AI Tools
Anthropic announced ten new AI plug‑in tools aimed at investment‑banking, private‑equity, engineering and design workflows. The rollout follows recent AI releases that sparked a sell‑off in traditional software stocks. Wall Street’s major indexes barely moved on the news, with the Dow down 0.01%, the S&P 500 off 0.06%, and the Nasdaq up 0.02%.
OUE Reit to Acquire a 19.9% Interest in Salesforce Tower in Sydney for S$175 Million
OUE REIT announced the acquisition of a 19.9% stake in Sydney’s Salesforce Tower for S$175 million, valuing the asset at roughly S$319.8 million. The deal is expected to generate an initial passing yield of about 5.8% and lift distribution‑per‑unit by 0.9% on...
Del Monte Pacific Reaches Settlement with US Unit’s Creditors, Is Not Expected to Recover Equity Interests
Del Monte Pacific announced a settlement with the creditors of its U.S. unit, Del Monte Foods, after a Chapter 11 court approved the sale of all operating assets. The deal, part of a broader restructuring, confirms a full $703.5 million impairment of the U.S....
Buffers for Greater China, US Exposures ‘More than Adequate’ as Bad-Debt Formation Slows in Q4: UOB
UOB's CFO Leong Yung Chee said the bank's provisions for commercial‑real‑estate exposures in Greater China and the United States are more than adequate as bad‑debt formation slowed in Q4 2025. Problematic US CRE loans represent about 1% of the local...
AIA, EPF Among Potential Cornerstone Investors for Sunway Healthcare’s RM3 Billion IPO: Sources
Sunway Healthcare Holdings is preparing a RM3 billion IPO, the largest in Malaysia in nearly a decade, with the prospectus slated for release later this week. The company is courting more than 20 institutions, targeting at least 17 cornerstone investors such...
Hollywood Merger Threatens Movie Theatres Just as They Recover
Netflix is pursuing a takeover of Warner Bros Discovery, a move that could reshape theatrical release windows just as cinemas rebound from pandemic‑induced losses. Analysts warn that a shorter exclusive‑theatre period would erode box‑office revenues for operators like AMC, Cinemark...
Indonesia Faces Record Share Sales to Meet Free-Float Goal
Indonesia must orchestrate a record‑size share sale to lift the free‑float of 267 listed firms to at least 15%, up from the current 7.5% floor. The Indonesia Stock Exchange estimates the required issuance will total about 187 trillion rupiah (approximately S$14 billion),...
The Dating Game: Why a CapitaLand-Mapletree Merger Could Turn Into a Marriage of Inconvenience
CapitaLand Investment reported a S$142 million H2 2025 loss, largely due to a drag from its China portfolio, while teasing a possible merger with Mapletree Investments. The combined entity could command roughly S$200 billion in assets, creating a headline‑grabbing real‑estate behemoth. However, the...
Yangzijiang Maritime to Hold EGM on Mar 6 on Proposed Share Buyback
Yangzijiang Maritime announced an extraordinary general meeting on 6 March to seek approval for a share‑buyback program covering up to 10% of its issued stock, roughly 348.9 million shares. The company set price caps of 105% for on‑market purchases and 120% for...
A RM11 Billion Takeover Battle Is Testing Malay Economic Clout. Malaysia PM Anwar Now Holds All the Cards
Prime Minister Anwar Ibrahim, also finance minister, controls the state‑owned stakes that own nearly half of IJM Corporation, putting him at the centre of Sunway Group’s RM11 billion (S$3.5 billion) takeover bid. The offer, seen as hostile, combines RM1 billion in cash with...
Barging Blindly Into Singapore’s Construction Boom Could Be a Bust for some Investors
Singapore’s construction sector has transformed into a high‑growth engine, propelled by a record S$53 billion contract pipeline and flagship projects like Changi Airport Terminal 5. The rally delivered construction‑related stocks returns exceeding 200 % in 2025, dwarfing the STI’s 22.7 % gain. Soilbuild Construction...
Singapore Stocks End Almost Flat Before Chinese New Year; STI Inches up 0.02%
Singapore’s market closed almost flat on Monday ahead of the Chinese New Year break, with the Straits Times Index edging up 0.02% to 4,938.58 points. Export data showed non‑oil domestic exports rose 9.3% year‑on‑year in January, missing Bloomberg’s 12% forecast...
Amova Bets on ‘New Singapore Sectors’ as MAS Expands EQDP
Amova Asset Management has been selected as one of six managers under Singapore’s expanded Equity Market Development Programme (EQDP), which grew to S$6.5 billion in the 2026 budget. The firm will roll out two new funds – the Singapore All Share...
AirAsia Chief Says Brand Unit Is Nearing Nasdaq Backdoor Listing
AirAsia founder Tony Fernandes announced that the airline’s branding unit is close to completing a Nasdaq backdoor listing, targeting a valuation of roughly US$1.5 billion. The merger with a US‑listed vehicle is expected to be announced within two months, with the...
A Lot of Bull: As STI Breaches 5,000, What More Can We Call For?
The Straits Times Index broke the 5,000‑point barrier on Feb 12 as Finance Minister Lawrence Wong presented Budget 2026, confirming JPMorgan’s bullish target from last year. The milestone follows a series of equity‑market reforms, including a S$1.5 billion top‑up to the Financial Sector...
Lum Chang Creations Receives SGX Nod for Mainboard Transfer From Catalist
Lum Chang Creations (LCC) received in‑principal approval from the Singapore Exchange to move its listing from the Catalist market to the mainboard. The approval follows a strong first‑half performance, with net profit soaring 104% to S$11 million. LCC, a spin‑off of...