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…
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…
Anglo American spin-offs likely to require South African approval
BHP Group Ltd’s proposal for Anglo American Plc to spin off platinum and iron ore units before a takeover would…
New Zealand’s 1Q jobless figure hits three-year high
New Zealand’s jobless rate rose to a three-year high in the first quarter and employment unexpectedly fell as high interest…
Emissions, trade flow impact the G7 coal vow
The energy ministers of the Group of Seven (G7) major democracies vowed this week to end coal use in power…
PG&E in talks with KKR to sell power unit
PG&E Corp is in talks to sell a minority stake in its power generation business to investment firm KKR &…
Starbucks posts first sales dip since 2020
Starbucks Corp sales fell for the first time since 2020 as half-off deals and new lavender lattes weren’t enough to…
UEM Sunrise Johor project gains momentum
UEM Sunrise Bhd is poised for growth as plans for its 3,000 acres in Iskandar Puteri, Johor gain momentum, supported…
Singapore presence likely to buoy IOIProp
IOI Properties Group Bhd (IOIProp), which is majority owned by the Lee family, has been steadily building its presence in…