Singapore shares rise, with DBS driving gains; STI up 0.4%

Singapore shares rise, with DBS driving gains; STI up 0.4%

SINGAPORE stocks closed higher on Monday (Feb 10) as investors cheered another round of record-breaking earnings reported by DBS, the largest local bank. The Straits Times Index (STI) was up 0.4 per cent or 13.71 points at 3,875.13. Across the broader market, gainers outnumbered losers 293 to 269, after 1.3 billion securities worth S$1.4 billion…

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Brookfield to spend 20 billion euros on France’s AI infrastructure

Brookfield to spend 20 billion euros on France’s AI infrastructure

BROOKFIELD Asset Management plans to invest 20 billion euros (S$20.7 billion) to develop data centres and artificial intelligence (AI) infrastructure in France over the next five years, as the competition to dominate AI intensifies among global powers. The New York-based investment firm has allocated 15 billion euros to data centre investments, which will be led…

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Elite UK Reit posts 5.8% rise in H2 DPU to 1.47 pence

Elite UK Reit posts 5.8% rise in H2 DPU to 1.47 pence

THE manager of Elite UK Reit on Monday (Feb 10) posted a distribution per unit (DPU) of 1.47 pence for the second half (H2) ended Dec 31, representing a payout ratio of 95 per cent. This was 5.8 per cent higher than the 1.33 pence paid in the year-ago period, which was based on a…

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Ringgit outperformance at risk on growing US-China trade tension

Ringgit outperformance at risk on growing US-China trade tension

THE ringgit’s outperformance over the past year is set to be tested as the growth outlook of Malaysia’s largest trading partner further dims amid a trade war with the US. President Donald Trump’s initial 10 per cent levy on all Chinese goods could jeopardise 0.9 per cent of China’s gross domestic product, according to Bloomberg…

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How long was Jon Batiste’s National Anthem at Super Bowl 2025?

How long was Jon Batiste’s National Anthem at Super Bowl 2025?

Don’t stop! Jon Batiste’s national anthem performance clocked in at 120 seconds, according to John Ewing of BetMGM. The Grammy-winning singer, 38, delighted viewers when he took to the field at Caesar’s Superdome in New Orleans for Super Bowl LIX on Sunday, February 9, before returning champs the Kansas City Chiefs took on the Philadelphia Eagles. Batiste played the piano…

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BP faces pivotal moment as activist investor Elliott enters fray

BP faces pivotal moment as activist investor Elliott enters fray

BP’S dramatic under-performance compared with other oil majors has reached a crunch point – a looming showdown with one of the world’s most aggressive activist investors. Elliott Investment Management, led by Paul Singer, has built a significant stake in the British energy giant, typically the first step in a playbook it has deployed to successfully…

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