Real Estate
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
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
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%
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 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...
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),...
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...
UBS Q1 profit tops expectations on tariff-driven volatility in markets
Published Wed, Apr 30, 2025 · 01:12 PMSWISS bank UBS on Wednesday posted better than expected first-quarter net profit, helped by stronger earnings in trading driven by market turbulence...
