Culture
ESR-Reit sells 8 Singapore assets to Brookfield for S$338m; sale would trim distribution
The move is part of Reit’s strategy to offload non-core assets, particularly those suffering lease decay[SINGAPORE] The manager of ESR Real Estate Investment Trust (ESR-Reit) on Monday (Dec 15)...
Nomura seeking private debt acquisitions in alternatives push, CEO says
Despite the explosive growth of such financing in the US over the past decade, bank loans still dominate corporate borrowing in Japan[TOKYO] Japan’s Nomura Holdings is on the lookout...
Tokyo Gas to steer more than half of overseas investments to US in next three years, CEO says
[TOKYO] Tokyo Gas, Japan’s top city gas provider, plans to direct more than half of the 350 billion yen (S$2.9 billion) it has earmarked for overseas investments over the...
Tiger Brokers Singapore bucks price-cutting trend among digital brokerages
It charges higher fees than some competitors, but still managed to add new accounts for the seventh straight quarter, hitting a new peak[SINGAPORE] In the cutthroat world of digital...
Keppel Reit’s dilutive purchase of MBFC Tower 3 a gamble on the sensibilities of S-Reit investors
A quick rebound from its sell-off last week might suggest investors are prepared to stomach some DPU dilution for the right deal at the right time[SINGAPORE] It has been...
Australia to enforce new food pricing rules in crackdown on Coles and Woolworths
Both companies have said they have absorbed rising supplier costs and offered discounts to ease pressure on customers[MELBOURNE] Coles Group and Woolworths Group, Australia’s dominant supermarket chains, are bracing...
Hong Kong, India fuel blockbuster year for Asia fundraising
Hong Kong’s share sales nearly quadruple to over US$73 billion via IPOs, placements and block trades[HONG KONG] Not long ago, Hong Kong’s share-sale market was a symbol of China’s...
Singapore insurers brace for 2026 as medical inflation climbs and IP rules tighten
Despite challenges, longer-term demographic and wealth trends remain supportive, observers say[SINGAPORE] Medical inflation is expected to remain one of the most pressing challenges for Singapore’s insurance sector in 2026,...
FMC to launch restructuring plan, targets plant closures and Asia cost cuts
[BENGALURU] Agrichemicals firm FMC said on Friday (Dec 12) that its board has approved a restructuring plan, aimed at cutting costs, shutting down high-cost plants and shifting production to...
Chinese AI euphoria obscures a gloomier technological reality
Washington and its allies are not supplying the country with the gear required to make the most sophisticated AI chips[TAIPEI] Moore Threads Technology’s phenomenal debut this month, China’s most...
