Posts by Nathan Pine
GDS-backed DayOne to pick banks for US$5 billion US IPO, sources say
[ad_1] Published Fri, Feb 13, 2026 · 06:52 PM [SINGAPORE] DayOne Data Centers has selected banks to help arrange a US initial public offering (IPO) that may raise about US$5 billion, sources said. The Singapore-based data centre operator has chosen JPMorgan Chase and Morgan Stanley to work on the share sale, they mentioned, asking not…
Read MoreOng Beng Seng’s HPL to report net loss for FY2025 as finance costs remain high
[ad_1] [SINGAPORE] Hotel Properties Ltd (HPL), owned by real estate magnate Ong Beng Seng, is expected to post a net loss for the financial year ended Dec 31, 2025. Despite higher revenue, finance costs remained elevated, largely due to increased borrowing and the delayed impact of interest rates easing, the group said in a bourse…
Read MoreiFast unveils ‘Truly Global Business Model’, rebrands FSMOne to FSM Global
[ad_1] The group is repositioning itself to view its customers as international – not just from the markets in which it operates [SINGAPORE] Digital bank and wealth management platform iFast has unveiled its “Truly Global Business Model”, which realises its vision of serving customers across the globe from Singapore and Hong Kong to London. In…
Read MoreiFast unveils ‘Truly Global Business Model’, rebrands FSMOne to FSM Global
[ad_1] The group is repositioning itself to view its customers as international – not just from the markets in which it operates [SINGAPORE] Digital bank and wealth management platform iFast has unveiled its “Truly Global Business Model”, which realises its vision of serving customers across the globe from Singapore and Hong Kong to London. In…
Read MoreLum Chang Creations receives SGX nod for mainboard transfer from Catalist
[ad_1] [SINGAPORE] Lum Chang Creations (LCC) on Friday (Feb 13) received in-principal approval from the Singapore Exchange (SGX) to transfer from the Catalist bourse to the mainboard. LCC managing director Lim Thiam Hooi said: “A mainboard listing will elevate our corporate profile, enhance our visibility among institutional investors, and provide a stronger platform for our…
Read MoreChinese automakers’ need for speed comes with a price
[ad_1] IN RECENT years, Chinese carmakers, particularly those focused on electric vehicles (EVs), have hit the accelerator on new model launches with an eye on grabbing a larger share of China’s ferociously competitive market. In 2025, the number of new vehicle models released in the Chinese market hit a record of 167, up from 157…
Read MoreCnooc to lift offshore wind power capacity by 40% this year
[ad_1] Published Fri, Feb 13, 2026 · 11:45 AM CHINA National Offshore Oil Corporation (Cnooc) plans to boost its offshore wind power capacity by about 40 per cent this year, tapping growth in the country’s burgeoning clean energy market as the outlook for oil weakens. The country’s third-biggest oil and gas producer aims to raise…
Read MoreGold and silver rise from near one-week lows on bargain-hunting
[ad_1] Investors now await inflation data due later in the day for more cues on the Fed’s monetary policy path Published Fri, Feb 13, 2026 · 10:14 AM [BENGALURU] Gold and silver rebounded on bargain-hunting on Friday (Feb 13) after sliding to one-week lows in the previous session, with a break below key supports deepening…
Read MoreBanks drag STI below 5,000 post-Budget, but analysts see ample ‘fiscal dry powder’
[ad_1] The scaled-back handouts leave room for future support; the new measures could enable the continued recovery of the capital market [SINGAPORE] The Singapore market pulled back on Friday (Feb 13) following Budget 2026 announcements, even as the government unveiled measures to boost existing equities, startups and new listings. On Thursday, the Straits Times Index…
Read MoreMalaysia’s solar leader to ramp up output as battery prices drop
[ad_1] Solarvest currently has around 1.2 GW of capacity in the South-east Asian country Published Fri, Feb 13, 2026 · 09:27 AM [KUALA LUMPUR] Malaysia’s biggest solar company Solarvest Holdings plans to more than double its generation capacity in the next two years, as declining battery costs enables further deployment of renewables. Power-hungry artificial intelligence…
Read MoreGlobal EV sales hampered by China, US slowdown in January
[ad_1] Published Fri, Feb 13, 2026 · 09:11 AM GLOBAL EV registrations fell 3 per cent in January as the introduction of a purchase tax and lower EV subsidies in China and policy changes in the US hindered sales, data by consultancy Benchmark Mineral Intelligence (BMI) showed on Friday (Feb 13). Global carmakers with large…
Read MoreStocks to watch: iFast, BRC Asia, Lum Chang, Lum Chang Creations, Creative Technology
[ad_1] [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Feb 13): [ad_2] Source link
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