Business
Bank of Korea holds rate steady after inflation sped up and won wobbled
The Bank of Korea (BOK) held its benchmark interest rate steady to foster stability after consumer inflation unexpectedly picked up and…
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Business
Business
Bank of Korea holds rate steady while citing big rise in downside risks
The Bank of Korea kept its benchmark interest rate steady while citing a significant increase in downside risks to growth that have…
Business
Frasers Property Industrial enters JV to invest in A$600 million Aussie industrial portfolio
Frasers Property Industrial has entered into a capital partnership with an investment vehicle sponsored by Morgan Stanley Real Estate…
Business
Malaysia Aviation Group reports RM54 million net profit in 2024
The company group includes Malaysia Airlines, short-haul airline Firefly, and pilgrimage airline Amal Malaysia Aviation Group (MAG), the…
Business
Malaysia Airlines reports lower profit in 2024 amid operational challenges
Malaysia Airlines’ parent company Malaysia Aviation Group (MAG) reported a second consecutive annual profit in 2024, but it fell 93 per…
Business
Malaysia Airlines parent reports lower profit in 2024
Malaysia Airlines’ parent company Malaysia Aviation Group (MAG) reported a second consecutive annual profit in 2024, but it fell 93 per…
Business
Insurance Claims: The New AI Reality
The world of insurance claims is changing fast, and a big part of that change is artificial intelligence (AI). While some worry that AI…
Business
Olam to sell whole stake in port operator for US$175 million
Agribusiness giant Olam will dispose of its entire stake in port and logistics operator Arise P&L for a US$175 million consideration, as…
Business
PGIM to invest US$2 billion in Asia property, unfazed by tariffs
PGIM Real Estate, the property arm of Prudential Financial’s asset manager, expects to invest about US$2 billion across the Asia-Pacific…
Business
Gold continues record rally as trade war woes fuel safe-haven demand
Gold extended its record rally on Thursday (Apr 17) as investors sought refuge in safe-haven assets amid an intensifying global trade…
Business
Tesla whistleblower wins legal battle against Elon Musk
Graham Fraser Technology reporter A Tesla whistleblower who has fought Elon Musk and his company through the courts for years has won the…
Business
CapitaLand Investment launches first retail Reit in China with assets worth 2.8 billion yuan
CapitaLand Investment (CLI) announced on Thursday (Apr 17) that it intends to launch its first real estate investment trust (Reit) in…
Business
CapitaLand Investment launches its first retail Reit in China with assets worth 2.8 billion yuan
CapitaLand Investment (CLI) is moving to list its first real estate investment trust (Reit) in China with two major malls valued at 2.8…
Business
China stares down Boeing parts shortage as Comac stockpiles
China is hunkering down for a trade war winter without American-made jets and aircraft parts. With China banning Boeing jets as part of…
Business
Stocks to watch: CapitaLand Investment, Keppel DC Reit, Nam Cheong, Kore
The following companies saw new developments that may affect trading of its securities on Thursday (Apr 17). CapitaLand Investment (CLI):…
Business
Keppel DC Reit Q1 DPU up by 14.2% at S$0.02503 on acquisitions, strong portfolio performance
Keppel Data Centre Reit (Keppel DC Reit) recorded a higher distribution per unit (DPU) of S$0.02503 for the first quarter, up 14.2 per…
Business
Keppel Pacific Oak US Reit Q1 distributable income continues slide, tumbling 19.3% to US$9.6 million
Keppel Pacific Oak US Reit (Kore) posted a distributable income of US$9.6 million for its first quarter ended Mar 31, down 19.3 per cent…
Business
Perplexity in talks to integrate assistant into Samsung, Motorola phones
Perplexity AI, an artificial intelligence (AI) startup vying with Google and OpenAI, is ramping up efforts to get prime placement for its…
Business
TSMC upbeat on outlook as robust AI demand offsets tariff uncertainty
Taiwan Semiconductor Manufacturing Co (TSMC) gave a bullish outlook for the year on robust demand for artificial intelligence (AI)…
Business
AMD says US rule on chips to China could cost it US$800 million
Chip developer Advanced Micro Devices (AMD) on Wednesday (Apr 16) said it expects new US licensing requirements for semiconductors…
Business
Powell says Fed remains in wait-and-see mode; markets processing policy shifts
US Federal Reserve chair Jerome Powell said on Wednesday (Apr 16) the Fed would wait for more data on the economy’s direction before…
Business
Mr Beast apologises after 'horrible' Las Vegas event
YouTuber MrBeast has issued an apology after his 'MrBeast Experience' at a Las Vegas resort did not live up to the billing. MrBeast, with…
Business
Europe: Shares close lower as ASML warns US tariffs cloud outlook
European shares closed lower on Wednesday (Apr 16), weighed down by semiconductor-related stocks after the world’s biggest chip-making…
Business
US: Nasdaq ends down 3.1% on Nvidia drop, economic angst
Wall Street stocks tumbled on Wednesday (Apr 16) as the Federal Reserve chief warned of the drag from US President Donald Trump’s tariffs,…