<div class=newsTextDataWrapInner><p>SINGAPORE (Feb 19): Investors of SingTel, StarHub and M1 aren’t happy that the city state has started the process of allowing a fourth mobile telecommunications operator.</p></div>

<div class=newsTextDataWrapInner><p>The Infocomm Development Authority of Singapore Thursday announced details of allocation of spectrum for mobile telecommunications.</p></div>

<div class=newsTextDataWrapInner><p>The IDA said it aims to conduct the spectrum allocation exercise this year.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>To enhance "innovation and competition" in the mobile market, the IDA said it will facilitate the entry of a new mobile operator.</p></div>

<div class=newsTextDataWrapInner><p>But the three incumbent players say the small local market is already nearly saturated.</p></div>

<div class=newsTextDataWrapInner><p>At 12.41pm, SingTel is down 0.8% at $3.74, StarHub is down 2.01% to $3.42 while M1 is down 0.4% at $2.51.</p></div>

<div class=newsTextDataWrapInner><p>In comparison, the benchmark Straits Times Index is down 0.44%.</p></div>


SINGAPORE (Feb 19): Investors of SingTel, StarHub and M1 aren’t happy that the city state has started the process of allowing a fourth mobile telecommunications operator.

The Infocomm Development Authority of Singapore Thursday announced details of allocation of spectrum for mobile tele...

SingTel, StarHub and M1 down as Singapore edges closer to 4th mobile operator

Local institutions supported Bursa Malaysia for the 11th consecutive week, with net purchases of RM304.0 million in domestic equities, according to MIDF Amanah Investment Bank Bhd.

MIDF: Local institutions back Bursa Malaysia for 11th straight week

Canadian Prime Minister Justin Trudeau is likely to announce his resignation as leader of the Liberal Party this week, the Globe and Mail reported, citing information from three people it didn’t name.

Canada’s Trudeau is likely to resign this week — report

(Jan 6): Italy is in advanced talks with Elon Musk’s SpaceX for a deal to provide secure telecommunications for the nation’s government — the largest such project in Europe, people with knowledge of the matter said on Sunday (Jan 5).

Italy plans US$1.6b SpaceX telecom security services deal

LONDON (Jan 5): Elon Musk said Nigel Farage should quit as leader of Britain's right-wing Reform UK party in an abrupt withdrawal of support by the US billionaire for the Brexit campaigner, who is trying to shake up the British political establishment again.

Musk turns on UK's Farage and says he should quit as Reform party leader

A crowd rallied outside the Palace of Justice on Monday to support former prime minister Datuk Seri Najib Razak in his renewed bid to serve the rest of his prison term under house arrest.

Supporters turn up to Najib solidarity rally

KUALA LUMPUR (Jan 6): Binastra Corporation Bhd (KL:BNASTRA) may be the preferred contractor for property projects worth RM10 billion in gross development value over the next three years, Mercury Securities said.

Binastra may be preferred contractor for property projects worth RM10b, Mercury starts coverage on 'buy'

WASHINGTON (Jan 5): A massive winter storm moving across the United States will not keep the US Congress from meeting on Monday to formally certify Republican Donald Trump's election as president, Republican House Speaker Mike Johnson said on Sunday.

Winter storm will not delay Trump election certification in Congress, House leader says

(Jan 6): Shares in Nippon Steel Corp slipped on Monday, the first day of trading since US President Joe Biden blocked the Japanese company’s planned US$14.1 billion (RM63.49 billion) takeover of United States Steel Corp.

Nippon Steel dips after Biden blocks US Steel takeover

MORNING CALL: 6/1/25

Australia's Insignia Financial said on Monday it had received a A$2.87 billion ($1.78 billion or RM8.01 billion) takeover bid from U.S.-based investment manager CC Capital Partners, eclipsing a A$2.67 billion offer from private equity firm Bain Capital.

Australia's Insignia gets $1.8 billion bid from CC Capital, topping Bain offer

<p>A crowd rallied outside the Palace of Justice on Monday to support former prime minister Datuk Seri Najib Razak in his renewed bid to serve the rest of his prison term under house arrest.</p>


<p>Asian equities were primed to rise in major markets on Monday after Wall Street snapped a five-day losing streak, helped along by fresh demand for big tech stocks.</p>


Asian stocks set to rise after Wall Street rebound

<p>The task of providing elderly care for the growing number of Chinese baby boomers may be a headache for Beijing, but a Singaporean hospital operator sees it as an evergreen opportunity.</p>


Singapore hospital operator Perennial targets wealthy boomers in China

<p>The Australian dollar slid the most in six years in 2024 but its decline looks far from over — there’s every prospect it will fall below 60 US cents in coming months.</p>


Bears see Aussie dollar drop to 60 cents as Trump readies China tariffs

<p>KUALA LUMPUR (Jan 6): Binastra Corporation Bhd (KL:BNASTRA) may be the preferred contractor for property projects worth RM10 billion in gross development value over the next three years, Mercury Securities said.</p>


<p>(Jan 5):&nbsp;United Airlines said on Sunday that it expects to begin testing Elon Musk's Starlink in February&nbsp;for in-flight internet services, and to first offer the connectivity on a commercial flight operated by Embraer&nbsp;aircraft this spring.</p>


United Airlines to bring Musk's Starlink on flights by spring

<p>Australia's Insignia Financial said on Monday it had received a A$2.87 billion ($1.78 billion or RM8.01 billion) takeover bid from U.S.-based investment manager CC Capital Partners, eclipsing a A$2.67 billion offer from private equity firm Bain Capital.</p>


<p>The yuan weakening past a level that China had been defending throughout December has returned the spotlight to its daily reference rate for the managed currency to gauge Beijing’s appetite to support it.</p>


Yuan traders look to PBOC fixing to gauge level of support

<p>(Jan 6):&nbsp;Shares in Nippon Steel Corp&nbsp;slipped on Monday, the first day of trading since US President Joe Biden&nbsp;blocked&nbsp;the Japanese company’s planned US$14.1 billion (RM63.49 billion) takeover of United States Steel Corp.</p>


<p>Canadian Prime Minister Justin Trudeau is likely to announce his resignation as leader of the Liberal Party this week, the <em>Globe and Mail </em>reported, citing information from three people it didn’t name.</p>


<p>WASHINGTON (Jan 5): A massive winter storm moving across the United States will not keep the US&nbsp;Congress from meeting on Monday to formally certify Republican Donald Trump's election as president, Republican House Speaker Mike Johnson said on Sunday.</p>


<p>LONDON (Jan 5): Elon Musk said Nigel Farage should quit as leader of Britain's right-wing Reform UK party&nbsp;in an abrupt withdrawal of support by the US&nbsp;billionaire for the Brexit campaigner, who is trying to shake up the British political establishment again.</p>


<p>(Jan 6):&nbsp;Italy is in advanced talks with Elon Musk’s SpaceX for a deal to provide secure telecommunications for the nation’s government — the largest such project in Europe, people with knowledge of the matter said on Sunday (Jan 5).</p>
