Companies & Markets
Sunway Healthcare seeks RM2.9 billion from Malaysia IPO
The company is looking to add as many as five more hospitals in the coming years, with three under construction
CDL H2 net profit up over four times at S$538.5 million on improved showings across all segments
This translates to an EPS of S$0.598, against an EPS of S$0.121 in the year-ago period
Panama officials search CK Hutchison’s subsidiary office: source
The decision has sparked a battle embroiling both Beijing and Washington
Indonesia court jails ex-CEOs of Pertamina units in major graft case
The case is one of the biggest launched under the administration of President Prabowo Subianto
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Gold steady as investors weigh progress in US-Iran talks
Markets currently expect three 25-basis-point rate cuts from the Federal Reserve this year, according to CME’s FedWatch Tool
Meta signs multi-billion-dollar deal to rent Google AI chips: report
The Facebook owner has also signed a deal with Nvidia to buy its current and future AI chips
Shares of property players rise on higher earnings; UOL up 6.3%, CDL gains 4.4%
UOL’s H2 net profit rises 21% while CDL’s was up over four times at S$538.5 million
Yangzijiang Shipbuilding rises nearly 10% on higher H2 profit
Its H2 earnings rose 24.6% year on year to 4.5 billion yuan (S$827.4 million)
Dell expects AI server revenue to double in fiscal 2027 on data centre boom
Big tech firms are expected to spend at least US$630 billion to build AI infrastructure this year
Seatrium delivers vessel to Maersk for Empire Wind project targeted by Trump’s stop work order
The vessel will advance the wind farm’s mission to deliver clean and reliable energy to 500,000 homes
