HSBC Shares Gain as Traders Eye Rate Path Ahead of Earnings
Markets Daniel Marsh

HSBC Shares Gain as Traders Eye Rate Path Ahead of Earnings

HSBC shares rose 2.2% in London, closing at 1,305.8 pence, while markets price in further Bank of England rate cuts. Investors await the bank's annual results on February 25.

HSBC BCS
Shell Halts Kazakhstan Spending Amid Legal Disputes, Appoints New Auditor
Markets Daniel Marsh

Shell Halts Kazakhstan Spending Amid Legal Disputes, Appoints New Auditor

Shell pauses new investments in Kazakhstan due to $16.5 billion legal disputes over oilfield costs. The company also names PwC as its auditor from 2027, replacing EY.

SHEL BP USO XLE
Rio Tinto Shares Stabilize as Glencore Merger Talks Halt, Focus Shifts to Annual Report
Markets Daniel Marsh

Rio Tinto Shares Stabilize as Glencore Merger Talks Halt, Focus Shifts to Annual Report

Rio Tinto shares edged higher in London after ending takeover discussions with Glencore. Investors now await the company's annual results on February 19, with iron ore prices testing $100 per ton.

GLD
RELX Shares Extend Losses Amid AI Disruption Fears Ahead of Earnings
Earnings James Calloway

RELX Shares Extend Losses Amid AI Disruption Fears Ahead of Earnings

RELX shares fell 4.6% to 2,145p, nearing a 52-week low, as investors weigh AI's impact ahead of full-year results on February 12. The company continues its share buyback program.

RELX
Glencore Stock Holds Ground as Rio Tinto Merger Talks Collapse
Commodities Rebecca Torres

Glencore Stock Holds Ground as Rio Tinto Merger Talks Collapse

Glencore shares stabilized after Rio Tinto withdrew from acquisition discussions. Investors now focus on potential asset sales ahead of the company's annual results.

GLNCY RIO
iFAST Shares Decline Ahead of Key Earnings and Singapore Budget Announcement
Earnings James Calloway

iFAST Shares Decline Ahead of Key Earnings and Singapore Budget Announcement

iFAST shares fell 3.2% to S$9.64 ahead of its full-year results on Feb. 12, with market focus also on Singapore's Budget 2026 and upcoming bank earnings.

IFSTF
Jardine Matheson Shares Drop 2.4% as Singapore Market Retreats from Record Highs
Markets Daniel Marsh

Jardine Matheson Shares Drop 2.4% as Singapore Market Retreats from Record Highs

Jardine Matheson declined 2.4% to US$75.71 on the Singapore Exchange Friday, with the Straits Times Index falling 0.8% to end a three-day record streak. Investors await the company's full-year results on March 10.

JMHLY
CDL Leads S$709M Bid for Tanjong Rhu Site, Shares Near 52-Week High
Markets Daniel Marsh

CDL Leads S$709M Bid for Tanjong Rhu Site, Shares Near 52-Week High

City Developments Ltd shares dipped slightly after the firm, in a joint venture, submitted the top bid of S$709.25 million for a prime residential plot in Tanjong Rhu. The stock remains near its 52-week peak ahead of full-year results.

CDLDF
Sembcorp Industries Set to Report FY2025 Results Amid Key Acquisition Focus
Earnings James Calloway

Sembcorp Industries Set to Report FY2025 Results Amid Key Acquisition Focus

Sembcorp Industries shares closed slightly lower at S$6.05 ahead of its FY2025 earnings release on February 25. Investors are eyeing updates on cash flow and its A$6.5 billion Alinta Energy acquisition.

SMBSY
Wilmar Shares Dip Amid Palm Oil Retreat; Key Data and Earnings Loom
Commodities Rebecca Torres

Wilmar Shares Dip Amid Palm Oil Retreat; Key Data and Earnings Loom

Wilmar International shares declined 0.9% to S$3.44, tracking a broader Singapore market pullback. Investor focus shifts to upcoming Malaysian palm oil data and the company's full-year results.

WLMIY
Seatrium Shares Dip Ahead of Key Financial Report, Offshore Wind Milestone in Focus
Earnings James Calloway

Seatrium Shares Dip Ahead of Key Financial Report, Offshore Wind Milestone in Focus

Seatrium shares declined 1% to S$2.06 ahead of its full-year results release on February 26. The company recently achieved a construction milestone with TenneT and GE Vernova on a major offshore wind platform.

GE
UOL Shares Defy Market Dip Amid Elevated Short Interest Ahead of Earnings
Earnings James Calloway

UOL Shares Defy Market Dip Amid Elevated Short Interest Ahead of Earnings

UOL Group shares edged higher on Friday despite a 0.8% decline in Singapore's Straits Times Index, with short sales accounting for over 35% of its trading volume. The property developer is scheduled to release its full-year results on February 26.

UOLGY