Real Estate
Sony buys stake in ‘Gundam’ owner to grow anime business
Published Fri, Jul 25, 2025 · 11:34 AM[TOKYO] Sony has bought a strategic 2.5 per cent stake in Japanese game franchise giant Bandai Namco, which owns Gundam and arcade...
Google parent Alphabet surprises with capital spending boost after earnings beat
ALPHABET on Wednesday cited massive demand for its cloud computing services as it hiked its capital spending plans for the year to about US$85 billion and predicted a further...
Moody’s profit tops estimates in sign of credit market’s rebound
Moody’s adjusted earnings per share of US$3.56 topped analysts’ forecasts of US$3.38Published Wed, Jul 23, 2025 · 10:19 PM[WASHINGTON] Moody’s, a bond grader and financial data provider, reported second-quarter...
Tally of Microsoft victims surges to 400 as hackers capitalise on SharePoint flaw
[WASHINGTON] The number of companies and organisations compromised by a security vulnerability in Microsoft’s SharePoint servers is increasing rapidly, with the tally of victims soaring more than six-fold in...
Mapletree Logistics Trust posts 12.4% fall in Q1 DPU to S$0.01812
The decline is due to the absence of one-off divestment gains and impact of weaker regional currencies [SINGAPORE] Mapletree Logistics Trust’s (MLT) distribution per unit fell 12.4 per cent...
MPACT to dispose two office buildings in Japan for 8.7 billion yen
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 US$0.018
[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
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
[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
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...