UOBKH upgrades top pick DBS to ‘buy’ on 5.6% yield

UOBKH upgrades top pick DBS to ‘buy’ on 5.6% yield

[ad_1] It also upgrades the overall banking sector to ‘overweight’ and has a continued ‘buy’ call for OCBC [SINGAPORE] A dividend yield of 5.6 per cent this year has led UOB Kay Hian (UOBKH) analysts to upgrade DBS to a “buy” call, with the broader banking sector expected to benefit from sustainable economic expansion and…

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UOBKH rates top pick DBS a ‘buy’ on 5.6% yield

UOBKH upgrades top pick DBS to ‘buy’ on 5.6% yield

[ad_1] It also upgrades the overall banking sector to ‘overweight’ and keeps its ‘buy’ call for OCBC [SINGAPORE] A dividend yield of 5.6 per cent this year has led UOB Kay Hian (UOBKH) analysts to upgrade DBS to a “buy” call, with the broader banking sector expected to benefit from sustainable economic expansion and low…

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Cathay Pacific seeks savings, cuts some jobs in efficiency push

Cathay Pacific seeks savings, cuts some jobs in efficiency push

[ad_1] [HONG KONG] Cathay Pacific Airways has asked all departments to identify savings and efficiencies in an attempt to rein in expenses, as Hong Kong’s flagship carrier prepares for a slower rate of growth this year, according to sources familiar with the matter. The airline is targeting savings of about 5 per cent on non-operational…

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Stocks to watch: China Aviation Oil, Geo Energy

Stocks to watch: China Aviation Oil, Geo Energy

[ad_1] [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Jan 9): China Aviation Oil (CAO) : Its parent China National Aviation Fuel (CNAF) will merge with Chinese state-owned oil and gas enterprise Sinopec, the group’s board said on Thursday. If the merger goes through, Sinopec is expected…

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Chinese firms dominated global humanoid robot shipments in 2025

Chinese firms dominated global humanoid robot shipments in 2025

[ad_1] The industry’s global sales more than quintupled from 2024, according to Omdia’s figures HUMANOID robot makers in China accounted for the vast majority of the roughly 13,000 units shipped globally last year, far outstripping US companies such as Tesla and Figure AI in sheer volume, according to research firm Omdia. The Chinese startup Shanghai…

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GM to take US$6 billion writedown on EV pullback 

GM to take US billion writedown on EV pullback 

[ad_1] GM’s EV sales dropped 43 per cent in the fourth quarter after the loss of the consumer tax credit [DETROIT] General Motors said on Thursday it would take a US$6 billion charge to unwind some electric-vehicle investments, the latest car company to pull back from EVs in response to the Trump administration’s policies and…

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Exclusive | Hotshot lawyer who dropped Nick Reiner case avoided becoming Hollywood ‘pariah’: insiders

Exclusive | Hotshot lawyer who dropped Nick Reiner case avoided becoming Hollywood ‘pariah’: insiders

[ad_1] High-profile defense attorney Alan Jackson dodged becoming a “pariah in Hollywood” by dropping Nick Reiner as he faces accusations he killed his famous mom and dad, insiders said Thursday. Jackson abruptly quit the case Wednesday without an explanation beyond telling reporters he was legally and ethically barred from “explaining all the reasons” why —…

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Blackstone eyes US$2.6 billion of debt to finance power merger

Blackstone eyes US.6 billion of debt to finance power merger

[ad_1] Electricity demand is soaring globally as the data centres needed for Big Tech’s artificial intelligence objectives put pressure on power grids [NEW YORK] A group of banks led by Barclays is shopping a roughly US$2.6 billion debt deal to support Blackstone’s effort to combine two of its power grid equipment suppliers, according to sources…

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Panama says it cancelled flag of US-seized oil tanker a year ago

Panama says it cancelled flag of US-seized oil tanker a year ago

[ad_1] [PANAMA CITY] Panama’s maritime authority on Thursday said it had cancelled in January of last year the flag of the M Sophia, a Venezuela-linked oil tanker seized by the US military this week. The US military’s Southern Command on Wednesday said it had intercepted the M Sophia before dawn, and described it as a “stateless, sanctioned…

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Big Tech spared strict rules in EU digital regulations overhaul, sources say

Big Tech spared strict rules in EU digital regulations overhaul, sources say

[ad_1] The tech giants will be subject only to a voluntary framework rather than binding rules [BRUSSELS] Alphabet’s Google, Meta Platforms, Netflix, Microsoft and Amazon will not face heavy-handed regulations in Europe’s digital rule overhaul despite calls from telecoms companies, people with direct knowledge of the matter said on Thursday. A slew of new tech rules adopted in recent…

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