Real Estate
TPG raises US$8 billion for Asia-focused private equity, real estate funds
TPG raised around US$8 billion for its Asia-focused private equity and real estate funds, the global alternative asset manager said on Thursday (May 9).The fundraising takes TPG’s total Asia...
Huawei’s new phone uses more China-made parts, memory chip
HUAWEI’S latest high-end phone features more Chinese suppliers, including a new flash memory storage chip and an improved chip processor, a teardown analysis showed, pointing to the progress China...
Mermaid Maritime bags Middle East contract extension worth US$125 million
Mermaid Maritime on Thursday (May 9) said its joint venture (JV) with a local offshore services operator in the Middle East obtained a one-year contract extension from a “reputable...
No surprise as Malaysia’s central bank holds key interest rate at 3%
[KUALA LUMPUR] Malaysia’s central bank maintained its benchmark interest rate at 3 per cent on Thursday (May 9), choosing not to follow the recent rate hikes by other South-east...
Malaysia set to extend rate pause as ringgit outperforms peers
MALAYSIA is set to keep its benchmark interest rate unchanged on Thursday, as low inflation and a currency faring better than peers spare policymakers the pressures that prompted a surprise...
Frasers Hospitality Trust H1 DPS falls 13.7% to S$0.01091 on higher finance costs
FRASERS Hospitality Trust : ACV 0% (FHT) recorded a 13.7 per cent fall in distribution per stapled security (DPS) to S$0.01091 for its first half year ended Mar 31,...
Europe: Stoxx 600 closes at record high on earnings cheer
EUROPE’S main index ended on Wednesday at a record high as investors cheered strong earnings from the likes of beer maker Anheuser-Busch Inbev and Germany’s Siemens Energy, while mulling...
Google DeepMind unveils next generation of drug discovery AI model
GOOGLE Deepmind has unveiled the third major version of its “AlphaFold” artificial intelligence model, designed to help scientists design drugs and target disease more effectively.
In 2020, the company made...
