Real Estate
Fortescue profit plunges as China’s iron ore demand declines
FORTESCUE’s first-half profit plunged by 53 per cent from the year before as demand for iron ore from the biggest consumer China softened.The slump in net income to US$1.55...
Sasseur Reit posts 0.1% rise in H2 DPU to S$0.02929 on resilient rental income
THE manager of Sasseur Real Estate Investment Trust (Reit) on Thursday (Feb 20) posted a distribution per unit (DPU) of S$0.02929 for the second half ended December, up 0.1...
Beyond Meat pursues new borrowing to shore up liquidity
PLANT-BASED burger maker Beyond Meat is sounding out investors to borrow as much as US$250 million from private credit lenders, its second such attempt in less than 12 months,...
Microsoft unveils quantum computing chip for future data centres
MICROSOFT announced its first quantum computing chip, a major step in the company’s effort to produce devices that might someday solve problems beyond the reach of modern computers.The company...
Fast Company Discusses the Rise of AI Tools in 2025
The past year has marked a pivotal moment in the evolution of artificial intelligence, fundamentally reshaping how we work, create, and interact. From Google DeepMind’s breakthroughs to the ongoing...
Apple to launch new lower-cost iPhone to capture a broader market
APPLE is set to launch its latest budget iPhone model on Wednesday (Feb 19) as it looks to grab a bigger share of the mid-range smartphone market and fend...
Singapore court freezes worldwide assets in US$830 million Novo Nordisk suit
The Danish drugmaker alleges misrepresentations by biotech firm founder Huang Zhenhua about the success of its kidney drug PHARMA giant Novo Nordisk has been granted an injunction by the...
Cordlife ID Teo Tong Kooi steps down; new ID appointed
CORDLIFE Group’s independent director Dr Teo Tong Kooi stepped down from his role at the embattled cord-blood bank on Wednesday (Feb 19).He relinquished the role to “focus on other...
