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UAE attracts record $23 bln in foreign investment in 2022 - UN report

Foreign direct investment (FDI) flows into the United Arab Emirates rose 10% in 2022 from the previous year to a record $23 billion, the United Nations trade body said in a report on Wednesday.

Latitude Group forecasts steep drop in 2023 earnings, shares tumble

Australia's Latitude Group on Friday forecast a steep fall in fiscal 2023 earnings due to higher credit losses and provisions associated with a recent cyber attack, sending its shares nearly 10% lower.

Singapore firms scramble to soften blow of soaring rent costs

Companies in Singapore are partially paying housing costs of employees and even relocating staff to cheaper neighbouring cities to help them tackle home rents that rose last year at their fastest rate in 15 years.

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