May 10 (Reuters) - UMS Holdings Ltd:
* 1QFY2024 NET ATTRIBUTABLE PROFIT OF S$9.8 MILLION
* QTRLY GROUP REVENUE DOWN 33% TO S$54.0 MILLION
* TAX-EXEMPT DIVIDEND OF 1.2 SG CENTS IN 1QFY2024 Further company coverage:
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It’s about America.
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We recently compiled a list of the 11 Best AI Penny Stocks to Invest in Now and in this article we will give you an AI penny stock that can be worthy of exploring in case you missed buying NVIDIA Corporation (NASDAQ:NVDA) when it was trading under $500 per share at the beginning of the year. […]
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Oil prices slid Monday as the OPEC+ group of major crude producers signalled they would start to unwind output cuts later this year, with softer than expected US manufacturing compounding fears of weakening global oil demand.Oil slipped after Saudi-led OPEC and its Russian-led allies said Sunday that they would maintain output levels but begin to restore production from October, even as questions about China's economic recovery and a spike in US stockpiles cause investors to fret over demand.
Hong Kong stocks rose by the most in over three weeks after a private report showed the manufacturing sector in mainland China expanded more than expected last month, in contrast with an unexpected contraction in official data. The Hang Seng Index jumped 1.9 per cent to 18,415.14 at 3.10pm local time, the biggest advance since May 10. The Tech Index soared 2.4 per cent while the Shanghai Composite Index declined 0.3 per cent. All but nine out of the 82 index members gained. Tencent jumped 4.3 pe
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Tencent and its controlled entity Tencent Music will buy the stake through a combination of cash and a minority stake in music streaming app JOOX Thailand, valuing GMM Music at $700 million. In July 2023, GMM Music's parent company GMM Grammy approved a plan for spinning off the music unit and listing it on the Stock Exchange of Thailand. The deal will help GMM Music expand its business and fund innovation, the company said.
TAIPEI -Arm Holdings aims to gain more than 50% of the Windows PC market in five years, the chip designer's CEO said, as Microsoft and its hardware partners prepare to launch a new batch of computers based on the British firm's technology. Arm's U.S.-listed shares climbed 2.6% in pre-market trade on Monday. Demand for use of Arm's technology in personal computers got a boost after Microsoft unveiled ambitious plans last month to launch a new breed of PCs with artificial intelligence features to compete with Alphabet and Apple.
We dig into the downsides of debit.
Investing.com-- Advanced Micro Devices (NASDAQ:AMD) unveiled a new line of artificial intelligence chips at the Computex event in Taipei on Sunday, shortly after rival Nvidia (NASDAQ:NVDA) revealed its next generation of chips to power AI development.
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