Real Estate

MPACT to dispose two office buildings in Japan for 8.7 billion yen
MPACT to dispose two office buildings in Japan for 8.7 billion yen
July 23, 2025
Move is not expected to have a material impact on the trust’s net asset value as at Mar 31, 2026[SINGAPORE] Mapletree Pan Asia Commercial Trust (MPACT) is divesting two...
Digital Core Reit H1 DPU unchanged at USalt=
Digital Core Reit H1 DPU unchanged at US$0.018
July 23, 2025
[SINGAPORE] The manager of Digital Core Real Estate Investment Trust (Reit) on Wednesday (Jul 23) posted a distribution per unit (DPU) of US$0.018 for the first half ended June...
UBS loses EU fight over Credit Suisse’s role in ‘Sterling Lads’, but fine cut sharply
UBS loses EU fight over Credit Suisse’s role in ‘Sterling Lads’, but fine cut sharply
July 23, 2025
The tribunal cut the amount of the fine from 83.2 million euros to 28.9 million eurosPublished Wed, Jul 23, 2025 · 04:56 PM[BRUSSELS] UBS Group lost the crux of...
BOJ sees trade deal as raising chance of meeting inflation goal
BOJ sees trade deal as raising chance of meeting inflation goal
July 23, 2025
[TOKYO] Japan’s trade deal with the US has reduced uncertainty surrounding the economy, the central bank’s deputy governor Shinichi Uchida said, signalling optimism that conditions for resuming interest rate...
Alibaba launches open-source AI coding model, touted as its most advanced to date
Alibaba launches open-source AI coding model, touted as its most advanced to date
July 23, 2025
The launch comes amid intensifying competition among Chinese technology companies in the global artificial intelligence development racePublished Wed, Jul 23, 2025 · 02:07 PM[BEIJING] Alibaba Group announced on Wednesday...
PayPal to create global digital wallet platform with Tenpay, UPI
PayPal to create global digital wallet platform with Tenpay, UPI
July 23, 2025
The company also plans to add artificial intelligence and stablecoin use cases to the digital wallet platform at some pointPublished Wed, Jul 23, 2025 · 01:06 PM[NEW YORK] PayPal...
Indonesian oil giant Chandra Asri buys 11.9% stake in Hiap Seng Industries; shares up 58.3%
Indonesian oil giant Chandra Asri buys 11.9% stake in Hiap Seng Industries; shares up 58.3%
July 23, 2025
Future partnerships between both companies could be on the horizon, says Hiap Seng Industries [SINGAPORE] Indonesian petrochemical producer Chandra Asri has purchased an 11.9 per cent stake in the...
BOJ sees trade deal as raising chance of meeting inflation goal
BOJ’s Uchida warns of downside risks to economy on trade uncertainty
July 23, 2025
[KOCHI, Japan] Bank of Japan Deputy Governor Shinichi Uchida said risks to economic activity and prices were skewed to the downside due to “extremely high” uncertainty over trade policy, even...
Delta plans to use AI in ticket pricing draws fire from US lawmakers
Delta plans to use AI in ticket pricing draws fire from US lawmakers
July 22, 2025
[WASHINGTON] Three Democratic senators have pressed Delta Air Lines CEO Ed Bastian to answer questions about the airline’s planned use of artificial intelligence to set ticket prices, raising concerns...
SAP reports cloud growth that falls short of expectations
SAP reports cloud growth that falls short of expectations
July 22, 2025
[BERLIN] SAP reported quarterly cloud and software sales that fell just short of estimates as tariff insecurities weighed on Europe’s most valuable company.Cloud and software revenue increased 11 per...