Real Estate
US pharma tariffs would raise US drug costs by US$51 billion annually, report finds
[LONDON] A 25 per cent US tariff on pharmaceutical imports would increase US drug costs by nearly US$51 billion annually, boosting US prices by as much as 12.9 per...
Tencent Music in talks to buy Ximalaya for US$2.4 billion
Published Fri, Apr 25, 2025 · 09:02 PM[BEIJING] Tencent Music Entertainment Group is in advanced talks to buy Chinese podcasting startup Ximalaya in a US$2.4 billion deal that would...
China’s Didi recruits ride-hailing drivers in Hong Kong push
[HONG KONG] China’s Didi Global is quietly recruiting new drivers in Hong Kong as it looks to grow outside of mainland China.
The move sets the Chinese ride-hailing pioneer up...
BYD first-quarter profit soars, beating Tesla on another metric
[HONG KONG] BYD’s net income in the first quarter jumped to 9.15 billion yuan (S$1.7 billion), overtaking Tesla on another key metric and signalling a robust start to the...
Seatrium chief financial officer resigns, to be replaced by strategy EVP
Current CFO Adrian Teng is leaving to pursue personal interests, with Stephen Lu taking up the role[SINGAPORE] Seatrium has appointed Stephen Lu, its executive vice-president (EVP) for strategy, as...
Apple aims to build most iPhones for US in India by end-2026
[NEW DELHI] Apple is seeking to import most of the iPhones it sells in the US from India by the end of next year, accelerating a shift beyond China...
Stoneweg European Reit secures lease renewals with Motorola and Coolblue
[SINGAPORE] Stoneweg European Reit (Sert) has renewed two major leases across two office assets involving tenants Motorola Solutions and Coolblue BV, the Reit’s manager announced on Thursday (Apr 24)....
Keppel Infrastructure Trust downgraded to ‘hold’; Mapletree Logistics Trust ‘buy’ call maintained: DBS
[SINGAPORE] Analysts from DBS Group Research are mixed on some real estate investment trusts (Reits) this earnings season – where they have kept their “buy” rating on logistics-focused Mapletree...
