Hektar REIT’s Q2 Realised Net Income Up 42.8% Backed by Enlarged and Diversified Asset Portfolio

Gross Revenue surged by 34.4% year-on-year to RM36.6 million.Net Property Income increased by 33.7% to RM20.7 million, bolstered by new revenue stream from its recently acquired non-retail asset - Kolej Yayasan Saad.Strong performance across Hektar Malls with 6.4% Positive Rental Reversion and close to 90% overall committed occupancy.Announces first interim…

Beyond Meat Stock Struggles to Rebound

Beyond Meat's Struggles Since its public debut in May 2019, Beyond Meat (NASDAQ:BYND) has experienced a turbulent journey. The stock, which soared to nearly $240 per share shortly after its IPO, has plummeted to around $6 per share. The latest earnings report reveals continued declines in consumption, raising concerns about…

Dollar Declines as Powell Hints at Rate Cuts

Fed Chair’s Remarks Weaken Greenback The US dollar experienced a sharp decline after Federal Reserve Chair Jerome Powell reinforced expectations of interest rate cuts next month. During the Kansas City Fed’s annual conference in Wyoming, Powell’s comments resulted in a drop in the Bloomberg Dollar Spot Index, pushing it to…

2nd ASEAN Battery Technology Conference Strengthens Southeast Asia Battery Ecosystem Through New Collaborations and Expansion

SINGAPORE, Aug 24, 2024 - (ACN Newswire via SeaPRwire.com) - The 2nd ASEAN Battery Technology Conference (ABTC) returned and strengthened the commitment to develop a close knitted battery development ecosystem among the Southeast Asian countries. Hosted in Singapore this year by the Singapore Battery Consortium at Singapore at the Shangri-La…

Kyrgyzstan Education Ministry Partners Singapore’s Marshall Cavendish Education with Plans to Adopt Singapore Maths and Science Education Titles in the Country

ISSYK KUL, Kyrgyzstan, Aug 24, 2024 - (ACN Newswire via SeaPRwire.com) - The Ministry of Education and Science of the Kyrgyz Republic has partnered with Singapore's Marshall Cavendish Education (MCE) to introduce key training programmes and education resources to its schools throughout the country. The partnership seeks to instill key skillsets…

Ministry of Health, Labour and Welfare in Japan Approves Partial Change Application for Moderna’s COVID-19 mRNA Vaccine Targeting SARS-COV-2 Variant JN.1

Cambridge, MA, Aug 24, 2024 - (ACN Newswire via SeaPRwire.com) - Moderna, Inc. (NASDAQ:MRNA) today announced that it has received approval from the Ministry of Health, Labour and Welfare (MHLW) in Japan for a partial change application for an updated formulation of its COVID-19 mRNA vaccine Spikevax, targeting the SARS-CoV-2 variant JN.1."We…

Markets Rise Ahead of Key Fed Speech

As Wall Street prepares for a crucial speech by Federal Reserve Chair Jerome Powell, U.S. stocks are exhibiting positive momentum. The S&P 500 gained 0.6% in early trading, while the Dow Jones Industrial Average climbed 221 points, or 0.5%. The Nasdaq composite also saw an increase of 0.8%. This optimism…

US Job Growth Revised Downward

The US job market in 2024 reveals a stark contrast across industries, with sectors like healthcare and technology experiencing robust growth, while manufacturing struggles to keep pace. These shifts reflect broader economic dynamics, offering a mixed view of the US labor market. Understanding which industries are driving job creation and…