Real Estate
UMS Integration Q1 earnings nearly flat at S$9.8 million
[SINGAPORE] Semiconductor player UMS Integration on Friday (May 9) reported profit of S$9.8 million for the first quarter ended Mar 31, 2025, almost unchanged from the group’s profit in...
Singapore stocks rise on US-UK trade deal; STI up 0.7%
[SINGAPORE] Local stocks ended higher on Friday (May 9), as investors reacted positively to news of the US striking a trade deal with the UK – the first after...
Germany’s DAX Index hits record high after tariffs round trip
[FRANKFURT] Germany’s DAX Index became the first major European gauge to surpass its March record high, recouping all declines sparked by US President Donald Trump’s trade war.The stock index...
Foreign banks sell record Indian sovereign debt as tensions rise
[NEW DELHI] Foreign banks sold a record amount of Indian government bonds on Thursday (May 8), as a growing border conflict with Pakistan weighs on investor sentiment. They sold a...
China’s top chipmaker SMIC plunges after projecting lower sales
[SINGAPORE] Semiconductor Manufacturing International Corporation (SMIC) plunged on Friday (May 9) after China’s leading chipmaker warned sales could fall as much as 6 per cent this quarter because of...
Nvidia modifies H20 chip for China to overcome US export controls: sources
[BEIJING] Nvidia plans to release a downgraded version of its H20 artificial intelligence (AI) chip for China in the next two months, following US export restrictions on the original...
Indonesia seeks to end rice imports this year as output jumps
[JAKARTA] Indonesia is set to stop importing rice this year for the first time in decades, thanks to surging production and stockpiles in one of the world’s top growers...
Bain Capital to sell China data centre business likely valued at over US$4 billion: sources
[HONG KONG] US investment firm Bain Capital is seeking to sell the China business of data centre operator WinTriX DC Group, in a deal that could value the business...
