Real Estate

Meta quarterly profit climbs despite big cloud spending
Meta quarterly profit climbs despite big cloud spending
[SAN FRANCISCO] Tech giant Meta on Wednesday (Apr 30) reported quarterly profits that were well above expectations, brushing aside market worries that its heavy investments in cloud computing and...
Oil settles lower, posts steepest monthly decline since 2021
Oil settles lower, posts steepest monthly decline since 2021
[NEW YORK] Oil prices settled down on Wednesday (Apr 30) and recorded the largest monthly drop in almost 3½ years after Saudi Arabia signalled a move towards producing more...
Trump should revise rules for AI chip exports, says Nvidia CEO
Trump should revise rules for AI chip exports, says Nvidia CEO
Huang says policies and support from the administration are crucial to accelerating the global diffusion of American AI technologyPublished Wed, Apr 30, 2025 · 11:22 PM[WASHINGTON] Nvidia chief executive...
TikTok plans to build 1b euro data centre in Finland
TikTok plans to build 1b euro data centre in Finland
[HELSINKI] TikTok plans to invest 1 billion euros (S$1.48 billion) to build its first data centre in Finland as it moves data storage for European users to the continent,...
Miu Miu’s momentum powers Prada sales growth
Miu Miu’s momentum powers Prada sales growth
Published Wed, Apr 30, 2025 · 08:03 PM[MILAN] Net revenues at Italian luxury group Prada rose 12.5 per cent at constant exchange rates in the first quarter, slightly above...
Maybank names Shafiq Abdul Jabbar as new group chief financial officer
Maybank names Shafiq Abdul Jabbar as new group chief financial officer
He takes over from Khalijah Ismail, who was dismissed by the bank earlier this year following an internal inquiry [MALAYSIA] Maybank has appointed Shafiq Abdul Jabbar as its new group...
Singapore stocks rise on Wednesday, snapping four-day losing streak; STI up 0.7%
Singapore stocks rise on Wednesday, snapping four-day losing streak; STI up 0.7%
Across the broader market, gainers beat decliners 288 to 177, after 971.8 million securities worth S$1.4 billion change hands[SINGAPORE] Equities on the Singapore bourse rose on Wednesday (Apr 30),...
Thailand’s central bank cuts key rate by 25 bps
Thailand’s central bank cuts key rate by 25 bps
Published Wed, Apr 30, 2025 · 03:46 PM[BANGKOK] Thailand’s central bank cut its key interest rate by a quarter point for a second consecutive meeting on Wednesday (Apr 30),...
Thailand’s central bank cuts key rate by 25 bps
Thailand’s central bank cuts rate again; economy could face recession as US tariffs loom
[BANGKOK] Thailand’s central bank cut its key interest rate by a quarter point for a second consecutive meeting on Wednesday (Apr 30), in a move to support an underperforming...
Chinese sovereign fund CIC to sell US billion of US private equity investments: sources
Chinese sovereign fund CIC to sell US$1 billion of US private equity investments: sources
[HONG KONG] Chinese sovereign investor China Investment Corporation (CIC) is selling about US$1 billion of its private equity (PE) investment portfolio in the secondary market, two sources with knowledge...