Leadership
Digital Core Reit H2 DPU up 1.1 per cent to US$0.018
DIGITAL Core Real Estate Investment Trust (Reit) posted a distribution per unit (DPU) of US$0.018 for the six months ended Dec 31, 2024, up 1.1 per cent from the...
Singapore shares track regional gains; STI up 0.4%
Across the broader market, gainers outnumber losers 347 to 186 after 1.9 billion securities worth S$1.5 billion change hands SINGAPORE shares ended Wednesday (Feb 12) in a positive territory amid...
Indian central bank’s surprise, outsized intervention eases bearish bias on rupee
THE Indian central bank’s unexpected and decisive intervention in the foreign exchange markets over the past two days, worth as much as US$11 billion by one estimate, has reduced...
GlobalFoundries sinks into the red with US$730 million Q4 loss due to impairment charge
GLOBALFOUNDRIES, which operates a wafer plant in Singapore, sunk into the red with a net loss of US$730 million for its fourth quarter ended Dec 31, 2024, compared with...
GlobalFoundries sinks into the red with US$730 million Q4 loss due to impairment charge
GLOBALFOUNDRIES, which operates a wafer plant in Singapore, sunk into the red with a net loss of US$730 million for its fourth quarter ended Dec 31, 2024, compared with...
China’s record mergers in 57 trillion yuan small banking sector raise future risks
CHINA oversaw its largest-ever wave of rural bank mergers last year, a Reuters review of official data showed, but analysts say Beijing’s efforts to tackle risks in the small...
Malaysia’s Sarawak now gets its own airline in autonomy quest
Sarawak will sign a sales and purchase agreement on Wednesday to acquire MASwingsMALAYSIA’S Sarawak state will acquire a sister company of national carrier Malaysia Airlines, its latest move to...
Alibaba’s shares soar after investors buy iPhone AI hopes
ALIBABA Group Holding’s stock surged as much as 8.6 per cent after the Information reported that Apple is working with the e-commerce pioneer to roll out artificial intelligence (AI)...
