<div class=newsTextDataWrapInner><p>SINGAPORE (Aug 26): GuocoLand has announced that its earnings for FY21 ended June came in 48% higher at S$169.1 million, compared with S$114.1 million in FY2020, thanks to the group's efforts to cut overall expenses and costs.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>Revenue for the period was 9% lower at S$853.7 million from S$934.8 million a year ago, mainly due to lower progressive recognition of sales from the Singapore residential projects. This was mainly from Martin Modern, as its sales and construction reaches its tail end during<a href="https://www.theedgesingapore.com/capital/results/guocoland-records-48-growth-fy2021-earnings-1691-mil" target="_blank"><em>...(click on link for full story on theedgesingapore.com)</em></a><br />
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SINGAPORE (Aug 26): GuocoLand has announced that its earnings for FY21 ended June came in 48% higher at S$169.1 million, compared with S$114.1 million in FY2020, thanks to the group's efforts to cut overall expenses and costs.

Singapore's GuocoLand records 48% growth in FY21 earnings to S$169.1 mil

Firefighters finally started gaining control over two major wildfires on the eastern and western flanks of Los Angeles on Friday as fierce winds that supercharged the fires for days finally eased.

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US inflation data in the coming week could test the nerves of stock investors and further inflame worries about rising treasury yields and uncertainty over Donald Trump's policy plans.

Inflation report could rattle US markets after bond yields climb

Hewlett Packard Enterprise Co won a deal worth more than US$1 billion (RM4.5 billion) to provide Elon Musk’s X social network with servers optimised for artificial intelligence work.

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The International Monetary Fund (IMF) will forecast steady global growth and continuing disinflation when it releases an updated World Economic Outlook on Jan 17, IMF Managing Director Kristalina Georgieva told reporters on Friday.

IMF chief sees steady world growth in 2025, continuing disinflation

US President Joe Biden's administration imposed its broadest package of sanctions so far targeting Russia's oil and gas revenues on Friday, in an effort to give Kyiv and Donald Trump's incoming team leverage to reach a deal for peace in Ukraine.

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Oil prices rallied nearly 3% to their highest in three months on Friday as traders braced for supply disruptions from the broadest US sanctions package targeting Russian oil and gas revenue.

Oil prices rally 3% as US hits Russian oil with tougher sanctions

Global stocks fell while US treasury yields rose on Friday after a stronger-than-expected jobs data reinforced expectations that the Federal Reserve will likely keep interest rates elevated for longer than traders were betting on.

Treasury yields rise, stock falls pressured by stronger-than-expected US jobs data

US stocks sold off on Friday, with the S&P 500 erasing its 2025 gains, after an upbeat jobs report stoked fresh inflation fears, reinforcing bets that the Federal Reserve will be cautious in cutting interest rates this year.

Wall Street ends lower as blowout job data spooks traders

Exchange 106 was touted as the country’s new signature tower when the multibillion-ringgit Tun Razak Exchange was launched in 2012 by then prime minister Datuk Seri Najib Razak.

Double cover: Shareholder dispute at Exchange 106 + Investing ideas for 2025

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<p>Exchange 106 was touted as the country’s new signature tower when the multibillion-ringgit Tun Razak Exchange was launched in 2012 by then prime minister Datuk Seri Najib Razak.</p>


<p>Hewlett Packard Enterprise Co won a deal worth more than US$1 billion (RM4.5 billion) to provide Elon Musk’s X social network with servers optimised for artificial intelligence work.</p>


<p>The International Monetary Fund (IMF) will forecast steady global growth and continuing disinflation when it releases an updated World Economic Outlook on Jan 17, IMF Managing Director Kristalina Georgieva told reporters on Friday.</p>


<p>US inflation data in the coming week could test the nerves of stock investors and further inflame worries about rising treasury yields and uncertainty over Donald Trump's policy plans.</p>


<p>Firefighters finally started gaining control over two major wildfires on the eastern and western flanks of Los Angeles on Friday as fierce winds that supercharged the fires for days finally eased.</p>
