
DBS Lifts SIA Engineering to Buy on Possible Parent Take-Private
DBS upgraded SIA Engineering to buy and lifted its target to S$3.01, betting Singapore Airlines may take its 78 percent maintenance unit private after a muted share-price run.
Section
Equities, indexes, earnings, and the moves that reset portfolios.

DBS upgraded SIA Engineering to buy and lifted its target to S$3.01, betting Singapore Airlines may take its 78 percent maintenance unit private after a muted share-price run.

Singapore’s Land Transport Authority will not put six autonomous buses on SBS Transit routes 400 and 191 from mid-2026, saying it will test narrower shuttle uses first after only one vehicle has cleared closed-circuit trials.

The Straits Times Index slipped 0.4 percent in early trade as haze weighed on Singapore Airlines and mall operators, while utilities and REITs with air-conditioned footprints held up.

The STI slipped to 5,401.89 on Friday as Mapletree Logistics Trust fell 1.8 per cent while Yangzijiang Shipbuilding gained 3.2 per cent on heavy volume.

The STI slipped 11.07 points to 5,401.89 on Friday as Yangzijiang Shipbuilding gained 3.2 per cent and Capital World traded 158.4 million shares in a S$2.6 billion session.

Singapore’s benchmark index stabilised after Thursday’s 195-point bank-led plunge, with Biosensors International’s buyout news lifting midcap volume.










