Real Estate
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...
AEM Holdings Q1 net profit tumbles 85% to S$2.4 million
SEMICONDUCTOR equipment maker AEM Holdings : AWX 0%’ net profit fell 85 per cent to S$2.4 million for the first quarter of its 2024 fiscal year ended Mar 30,...
Insurance firms deny Chevron’s US$57 million claim for Iran oil seizure
THREE insurance companies have rejected Chevron’s claim over the seizure last year of an oil cargo by Iran, according to a complaint filed on Tuesday (May 7) in a...
UOB awards Wong Kan Seng over S$400,000 in shares
UOB has awarded its chairman, Wong Kan Seng, over S$400,000 in shares, the bank said in a bourse filing on Wednesday (May 8). It was part of a total...
