Real Estate
US antitrust trial targets Google’s digital ad business
ALPHABET’S Google faces trial in a second antitrust case next week where the US Department of Justice will challenge how the search giant monetises advertising through a system that...
IHH Healthcare plans RM3.9 billion cash purchase of Penang’s Island Hospital, expects it to be EPS accretive in 2026
IHH says Island Hospital will add 600 beds and yield potential synergies, given that it will be running 3 hospitals on the islandINTEGRATED healthcare provider IHH Healthcare’s indirect wholly-owned...
Blackstone to Acquire Australia’s AirTrunk in A$24 billion deal
Blackstone has agreed to acquire AirTrunk in a deal valuing the Australian data centre operator at A$24 billion (S$21.02 billion), including debt and capital expenditure for committed projects.The New...
Nippon Steel seeks to allay concerns on US takeover
Nippon Steel says Americans will form the majority of US Steel’s board of directorsJapan’s Nippon Steel said on Wednesday (Sep 4) US Steel will “remain a US company” with...
Engine parts shortage could keep Cathay A350 jets out for longer
CATHAY Pacific Airways may not be able to put all of its Airbus A350 aircraft back into service as quickly as hoped due to a spare parts shortage, according...
Rate panel backs Bank of Thailand on inflation as government eyes reset
Rate-setters say flexible target range will play crucial role in maintaining medium-term price stabilityTHAILAND’S central bank is right in persisting with an inflation target range of 1 to 3...
Asia: Markets plunge with Wall Street after Nvidia rout, weak US data
TECH firms led a plunge across Asian markets on Wednesday after a rout on Wall Street fuelled by a collapse in chip titan Nvidia and disappointing data on US...
China’s grey market is dominating luxury brands’ online sales
CHINA’S grey market – where brand new, authentic products are sold at steep discounts – is increasingly dwarfing some global luxury giants’ official sales channels in the country’s dominant...