Amazon to spend nearly US$9bil to expand cloud infra in Singapore
AMAZON.com plans to spend S$12 billion ($8.88 billion) over the next four years to expand its cloud computing infrastructure in…
Corporate News
KLK’s recruitment issues to be short-lived, say analysts
KUALA LUMPUR: The fallout from recent allegations regarding Kuala Lumpur Kepong Bhd's (KLK) recruitment agency in Nepal is likely to…
Lotte Chemical Titan’s 1Q net loss narrows to RM178mil
KUALA LUMPUR: Lotte Chemical Titan Holding Berhad (LCT) remains cautious due to uncertainties arising from oil price volatility, petrochemical glut,…
Luxury cruise operator Viking Holdings IPO raises US$1.54bil
Viking Holdings Ltd priced its initial public offering (IPO) near the top of a marketed range to raise US$1.54bil for…
Pasukhas gets data centre construction job worth RM56.98mil
PETALING JAYA: Pasukhas Group Bhd has received a letter of acceptance (LOA) from a leading multinational technology corporation headquartered in…
AMD slides on muted forecast for AI processors
Advanced Micro Devices Inc (AMD) shares declined as much as 9.1% in extended trading after the chipmaker gave a disappointing…
Yinson Production completes US$1.3bil project financing for Agogo FPSO
KUALA LUMPUR: Yinson Holdings Bhd’s unit, Yinson Production has finalised a limited recourse term loan facility, securing up to US$1.3bil.
South Korean developer Taeyoung gets creditor support
Distressed South Korean builder Taeyoung Engineering & Construction Co won support from creditors to begin restructuring its debt, after it…
Pandora raises full-year forecast on strong U.S. sales
COPENHAGEN: Pandora, the world's largest jewellery maker, raised its full-year guidance on Thursday after sales and profit for its first…