Business
Keppel DC Reit Q1 DPU up by 14.2% at S$0.02503 on acquisitions, strong portfolio performance
Keppel Data Centre Reit (Keppel DC Reit) recorded a higher distribution per unit (DPU) of S$0.02503 for the first quarter, up 14.2 per…
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Business
Business
Keppel Pacific Oak US Reit Q1 distributable income continues slide, tumbling 19.3% to US$9.6 million
Keppel Pacific Oak US Reit (Kore) posted a distributable income of US$9.6 million for its first quarter ended Mar 31, down 19.3 per cent…
Business
Perplexity in talks to integrate assistant into Samsung, Motorola phones
Perplexity AI, an artificial intelligence (AI) startup vying with Google and OpenAI, is ramping up efforts to get prime placement for its…
Business
TSMC upbeat on outlook as robust AI demand offsets tariff uncertainty
Taiwan Semiconductor Manufacturing Co (TSMC) gave a bullish outlook for the year on robust demand for artificial intelligence (AI)…
Business
AMD says US rule on chips to China could cost it US$800 million
Chip developer Advanced Micro Devices (AMD) on Wednesday (Apr 16) said it expects new US licensing requirements for semiconductors…
Business
Powell says Fed remains in wait-and-see mode; markets processing policy shifts
US Federal Reserve chair Jerome Powell said on Wednesday (Apr 16) the Fed would wait for more data on the economy’s direction before…
Business
Europe: Shares close lower as ASML warns US tariffs cloud outlook
European shares closed lower on Wednesday (Apr 16), weighed down by semiconductor-related stocks after the world’s biggest chip-making…
Business
US: Nasdaq ends down 3.1% on Nvidia drop, economic angst
Wall Street stocks tumbled on Wednesday (Apr 16) as the Federal Reserve chief warned of the drag from US President Donald Trump’s tariffs,…
Business
Industry players see room for private credit market to grow in South-east Asia
Private credit funds, where investors pool their capital to enable the fund manager to provide loans to companies, are seeing greater…
Business
Stock Market Tanks After Fed Chair Powell’s Ominous Warning
After Jerome Powell issued a warning about the economic consequences of tariffs Wednesday, the stock market fell, seeming to confirm his…
Business
Court hears of nickel trading accused’s lavish purchases, including million-dollar diamond ring
Alleged nickel fraudster Ng Yu Zhi had “five families” – his wife, ex-wife and three girlfriends – one of his former employees told the…
Business
US: Wall Street falls, Nvidia drops after new US chip export curbs
Wall Street fell on Wednesday (Apr 16), with the Nasdaq leading declines after Nvidia flagged steep charges from new US controls on chip…
Business
Greenback under pressure, safe havens outperform
THE US dollar resumed its descent on Wednesday (Apr 16), dropping across the board and losing the most ground to the Swiss franc and the…
Business
Nam Cheong bags RM317.1 million in regional vessel charter deals
Sarawak-based offshore marine firm Nam Cheong has secured vessel charter contracts worth up to RM317.1 million (S$94.5 million) from…
Business
Wine consumption at lowest since 1961 – OIV
Global wine consumption in 2024 hit its lowest level since 1961, according to preliminary figures from the International Organisation of…
Business
Nvidia and Other Chip Giants Are Caught in Trade War Crossfire
Nvidia and others are the latest casualties of escalating tensions between Washington and Beijing, as analysts press business leaders…
Business
Free Traders Are Talking Past the Working Class
The free trade case is correct. But free traders need to frame their arguments differently. Source link
Business
Hong Kong stocks drop on trade war anxiety, China inches higher
Hong Kong shares fell on Wednesday (Apr 16), dragged by technology stocks, after the US restricted Nvidia chip sales to China, raising…
Business
STI gains ground on Wednesday, bucking regional indices
The Straits Times Index (STI) continued to gain ground, bucking regional indices on Wednesday (Apr 16). The STI closed up 1 per cent or…
Business
Recession Indicators Are Everywhere
On April 9th, Luke Marion, a gardener and seed purveyor who runs the YouTube channel MIgardener, posted a video that recommended planting…
Business
Tariff Confusion and Recession Fears Leave Advertisers ‘Paralyzed’
Persuading people to spend money in a time of unpredictable tariffs is proving to be a complicated calculation for the $380 billion…
Business
Malaysia's Petronas secures extra gas supply after hit from Putra Heights pipeline fire
Malaysian oil and gas giant Petroliam Nasional said on Wednesday (Apr 16) it has secured additional gas supplies to minimise supply…
Business
Heineken's Q1 sales slightly beat forecasts
“...we are performing within the range of expectations,” says CEO Dolf van den Brink Source link
Business
Candy maker YLF scraps plan to list on SGX
It would have been the second company to launch an IPO on the local bourse this year Candy maker YLF Group Marketing has withdrawn its…