Lifestyle
Microsoft aims to boost AI workload capacity with Lumen partnership
MICROSOFT will use Lumen Technologies’ network equipment to expand its capacity for AI workloads, the companies said on Wednesday (Jul 24), as the technology giant looks to meet growing...
Frasers Centrepoint Trust’s retail portfolio Q3 occupancy hits 99.7%
Its manager says the rise in shopper traffic and tenant sales comes from active asset and property management, and government support for spendingTHE manager of Frasers Centrepoint Trust (FCT)...
United Overseas Insurance declares S$0.085 dividend per share on higher H1 2024 earnings
UNITED Overseas Insurance (UOI) reported an 18.8 per cent growth in its earnings for the first half of 2024 to S$14.2 million, from S$11.9 million in the first half...
OUE Reit H1 DPU falls 11.4% despite higher revenue, net property income
OUE Real Estate Investment Trust (OUE Reit) reported a distribution per unit (DPU) of S$0.0093 for the first half of its fiscal year ended Jun 30, down 11.4 per...
Digital Core Reit 1H 2024 DPU falls due to divested properties
DIGITAL Core Real Estate Investment Trust (Reit) reported a 6.3 per cent fall in distribution per unit (DPU) to US$0.018 for the first half of 2024 from US$0.0192 in...
Nippon Steel exits Chinese venture on falling Japanese car sales
NIPPON Steel will exit a joint venture in China as its top customers – Japanese automakers – struggle to maintain market share in Asia’s biggest economy.
Baoshan Iron & Steel...
OneStream IPO raises US$490 million priced above range
ONESTREAM and a group of shareholders including KKR & Co raised about US$490 million in a US initial public offering, pricing its shares above a marketed range.
The software company...
Indonesia plans widespread use of palm oil-based B40 biodiesel in 2025
INDONESIA is planning for the widespread use of the palm-oil based B40 biodiesel in 2025, replacing the current B35 blending, the energy ministry said.The world’s biggest palm oil maker...
