Mapletree Industrial Trust Q1 DPU up 1.2% to S$0.0343

Mapletree Industrial Trust Q1 DPU up 1.2% to Salt=

MAPLETREE Industrial Trust charted a 1.2 per cent increase in distribution per unit (DPU) to S$0.0343 in its first quarter ended Jun 30, 2024, from S$0.0339 in the year-ago period. Gross revenue grew 2.7 per cent on-year to S$175.3 million, from S$170.6 million previously, said its manager. Net property income (NPI) was up 1.3 per…

Read More

Shell to build renewable hydrogen electrolyser in Germany

Shell to build renewable hydrogen electrolyser in Germany

SHELL said on Thursday (Jul 25) it will build a 100-megawatt renewable hydrogen electrolyser in Germany, the company’s second unit in Europe, which will help it reduce carbon emissions at its refineries. The Refhyne II electrolyser at the Rheinland refinery is scheduled to begin operating in 2027 and produce up to 44,000 kg per day of…

Read More

Global investors scramble to dodge US election curveballs

Global investors scramble to dodge US election curveballs

INVESTORS are scrambling to shore up global portfolios against wild market swings ahead of the Nov 5 US presidential election and backing out of assets stuck in the crosshairs of uncertainty, from big tech stocks to European government debt. With Republican Donald Trump and Democrat Vice-President Kamala Harris in a neck-and-neck race, likely offering policies…

Read More

💀 To be, or not to be (an arts major)

💀 To be, or not to be (an arts major)

😱 Oh, the humanit(ies)! Falling enrolment numbers at the National University of Singapore’s (NUS) arts and social science faculty suggest that people may be valuing degrees in these areas less and less. NUS’ Faculty of Arts and Social Sciences (FASS) has seen enrolment shrink by nearly a third since 2019, despite climbing steadily in the…

Read More

Nikkei tumbles most in three years on concerns of AI bets, BOJ

Nikkei tumbles most in three years on concerns of AI bets, BOJ

Volatile semiconductor shares were among the hardest hit, with Tokyo Electron losing as much as 6.2 per cent Japan’s Nikkei 225 Stock Average entered a technical correction as an AI-driven rally in technology shares went into reverse and concerns grew that the Bank of Japan may be poised to hike interest rates. The Nikkei declined…

Read More