S-REITs and the regional REIT market, real estate funds, institutional mandates and cross-border transactions.
The Securities and Exchange Commission (SEC) is proposing to raise the minimum unimpaired paid-up capital requirement for broker-dealers to P120 million, updating capitalisation rules that have been in place for more than two decades. The draft rules, issued for public comment on 30 Sept. 2026, would apply to all broker-dealers, whether exchange trading participants or non-exchange broker-dealers, including first-time registrants and companies acquiring existing broker-dealer businesses. Broker-dealers dealing purely in proprietary shares and not holding securities for clients would be subject to a separate P2.5-million capital requirement.
Amazon and Walmart's Flipkart are reviewing internet-enabled surveillance camera listings on their Indian platforms after Reuters found more than 700 of roughly 770 listings lacked mandatory government certification. The checks follow strict testing rules imposed in April 2026 amid espionage concern
A group of 30 multilateral development banks and finance institutions has launched new joint methodologies to measure and increase capital mobilisation to emerging markets. The guidelines, backed by the G20, aim to capture innovative financial tools such as collateralised loan obligations and signif
Bankers and asset managers are pushing back on Nvidia's plan to use its advanced chips as long-term collateral for a US$500 billion financing initiative. Lenders want stronger guarantees, arguing the chips may not hold value for the decade Nvidia claims, and are seeking more certainty in deal struct
Trive Property Group Bhd fell into a net loss of RM315,000 for the second quarter ended 31 Jul 2026, from a net profit of RM1.999 million a year earlier, as revenue plunged 90.8% to RM608,000. The decline was due to higher tenant vacancies and the absence of renewable energy sales.
Axis Real Estate Investment Trust has completed the RM38 million acquisition of a 99-year leasehold industrial complex in Seksyen 16, Shah Alam. The property, fully occupied by three tenants, was bought from Rubicon Assets Sdn Bhd and funded through existing bank financing.
Chin Hin Group Property Bhd is exiting the commercial vehicles and bodyworks business by selling four subsidiaries to HSG Sdn Bhd for RM62 million cash. Most of the proceeds will fund its Divine KLCC and Ophira property projects in Kuala Lumpur.
US stocks rose and the 2-year Treasury yield fell on Wednesday after softer-than-expected US inflation data reduced the odds of a Federal Reserve rate hike next month. Long-dated yields stayed higher, with the 10-year note on track for its biggest monthly gain since 2022.
The Philippine Stock Exchange is set for a busy period with three initial public offerings, including Mynt Inc., the fintech behind GCash, which could become the bourse's largest-ever listing. Analysts caution that success depends on post-listing performance and whether the IPOs attract fresh capita
ElevenLabs has completed a US$300 million employee tender offer that values the AI voice generation startup at US$22 billion, double its February valuation. The deal, led by Wellington and T. Rowe Price, provides liquidity to staff and early investors as demand for AI voice agents surges.
Century Properties Group has received Securities and Exchange Commission approval to merge with its residential housing arm PHirst Park Homes, with CPG as the surviving entity. The consolidation aims to simplify operations, centralise capital management, and strengthen the company's first-home resid
Canada Pension Plan Investment Board is investing INR 30 billion (S$313 million) for about 27 per cent of Prestige Hospitality Ventures, marking its first direct bet on Indian hotels. The investment comes days after parent Prestige Estates Projects withdrew plans to list the business, citing strateg
Property owners in the Philippines can use existing real estate as collateral for the BDO Multipurpose Loan to fund business expansion, investment or working capital needs. The loan offers a Term Loan or Ready Check credit line, with borrowers retaining ownership of their property.
French auto parts supplier OPmobility has agreed to acquire Hyundai Mobis' lighting business for an enterprise value of 600 billion Korean won (S$443 million). The final agreement was announced on Wednesday (30 Sep 2026).
China's manufacturing PMI rose to 50.1 in September, ending two months of contraction and matching forecasts. The non-manufacturing PMI beat expectations, while Beijing's stimulus package and central bank measures aim to support the property market and economy.
Apple Pay has launched in India via a partnership with Axis Bank, marking its first entry into one of the world's largest digital payments markets. The service is initially available to Axis Bank credit cardholders on Visa and Mastercard networks, with RuPay cards excluded.
Singapore-listed developer City Developments Ltd (CDL) announced a new strategy called GET+ on Monday, including setting up a dedicated fund management entity. The group aims to double assets under management to S$10 billion by 2029 and outlined plans to divest S$6 billion of assets and deploy S$5 b
Crescendo Corporation Bhd's second-quarter net profit more than quadrupled to RM70.56 million, driven by a data centre land sale at Nusa Cemerlang Industrial Park. Revenue rose 157.8% to RM201.43 million, and the group declared an interim dividend of two sen per share.
OpenAI is seeking at least US$30 billion in a new funding round at a valuation of about US$1.4 trillion, excluding the new capital, according to a Bloomberg News report. The early-stage talks would serve as bridge financing ahead of a possible IPO, which CEO Sam Altman has ruled out for 2026.
Developers are deferring new project launches as weaker economic growth, higher borrowing costs and geopolitical uncertainty weigh on the market, Colliers Philippines said. Residential and office take-up slowed in the first half, while the economy expanded just 2.3% in the second quarter.
A Brown Co., Inc. (ABCI) is investing about P75 million to acquire an approximately 20% stake in Simple Brown Builders, Inc. (SBBI), a newly formed real estate company. The investment adds to A Brown's existing property business, which includes residential developments in Northern Mindanao, Caraga,
Samsung has committed US$1 billion to KKR's Helix Digital Infrastructure strategy, lifting total capital pledged to the global AI infrastructure platform to more than US$11 billion. Samsung Electronics will contribute US$500 million, with affiliates including Samsung C&T, Samsung SDS, Samsung SDI, S
Australian private credit firm Metrics Credit Partners has suspended trading of three listed funds after KPMG flagged discrepancies in preliminary financial reports. The funds' net asset values have been reduced by a total of A$168 million, with the Real Estate Multi-Strategy Fund taking a A$47 mill
HSBC has bought HK$11 billion (US$1.4 billion) in loans from wholly owned subsidiary Hang Seng Bank to strengthen the unit's balance sheet amid property-related bad debts. The transfer, conducted on arm's length terms in the first half of the year, helped cut Hang Seng's impaired loan ratio to 4.6 p
SD Guthrie Bhd will seek shareholder approval on Oct 15 for the RM418.51 million sale of 556.96 acres of freehold land in Kulai, Johor, to Sime Darby Property. The plantation group expects a net gain of RM373.36 million from the disposal.
Globe Telecom plans to spend at least US$1 billion in 2027, mainly to expand its data-centre business as it bets on AI-driven demand. The carrier is also weighing a listing of its data-centre venture, which is set to grow capacity to 124 MW by 2029.
Gamuda Bhd's FY2026 net profit rose 5% to RM1.05 billion, driven by stronger construction earnings, while property sales fell 22% to RM3.2 billion. The group's order book stood at RM61 billion as at July 31.
Australian biotech firm CSL said on Tuesday it is collaborating with Amazon Web Services to apply AI and cloud technology across its research and clinical development pipeline. The partnership aims to speed up drug discovery and reduce manual workloads in data management and regulatory submissions.
Karyon Industries Bhd has completed the RM8.61 million cash acquisition of a freehold detached factory on industrial land in Bandar Seri Alam, Johor. The purchase, conducted via its subsidiary Hsing Lung Sdn Bhd, was funded through internal funds and bank borrowings.
BEDI Bhd announced that its RM38.87 million acquisition of two Sabah property companies from Bedi Development Sdn Bhd became unconditional on 28 Sept 2026. The deal covers Sejati Sentral (Sandakan) Sdn Bhd and FYT Land (KK) Sdn Bhd, which own commercial and residential projects in Sandakan and Kota
Ayer Holdings Bhd has proposed to buy two adjoining freehold land parcels along Jalan Kuchai Lama, Kuala Lumpur, for RM138 million cash in a related-party transaction. The purchase price is 4.83% below the RM145 million market value assessed by CBRE WTW Valuation & Advisory. The deal requires shareh
Paragon Globe Bhd has substituted the purchaser for two freehold land parcels in Tanjung Kupang, Johor, under its RM398.11 million disposal, following an internal restructuring within the DayOne group. The replacement buyer, DayOne Data Centers Malaysia I Sdn Bhd, assumes all rights and obligations
Paragon Globe Bhd has received Bursa Malaysia's approval to extend the deadline for submitting its draft circular on the proposed RM127.28 million acquisition of beneficial interests in freehold land in Sedenak, Johor. The new deadline is March 10, 2027, with no changes disclosed to the deal's terms
Sunsuria Bhd has proposed selling a 45.46-acre freehold commercial land parcel in Dengkil, Sepang to Amazon Data Services Malaysia Sdn Bhd for RM316.84 million cash. The group expects a one-off net pro forma gain of RM50.34 million from the disposal, which is subject to shareholder and regulatory ap
Malacañang has directed the Department of Public Works and Highways to conduct a more detailed investigation into a Taguig slope-protection project after Senator Panfilo M. Lacson questioned geotagged photographs in billing records that pointed to Leyte. Palace Press Officer Clarissa A. Castro clari
Singapore Prime Minister Lawrence Wong and Senior Minister Lee Hsien Loong offered condolences to former Malaysian prime minister Mahathir Mohamad after his wife, Dr Siti Hasmah Mohamad Ali, died on 28 Sep 2026 at age 100. Wong called her a pioneer in healthcare, education and social causes, while L
Thai billionaire Charoen Sirivadhanabhakdi's Asset World is transferring four hotels and an office complex worth at least 48.5 billion baht (US$1.44 billion) to a new real estate investment trust. The REIT, targeting an early 2027 listing, aims to attract both Thai and foreign investors and free up
Indian space startup TakeMe2Space will launch what it calls the country's first orbital computing satellite aboard a SpaceX rocket on Oct 1. The sub-50 kg MOI-1A spacecraft, carrying Nvidia edge-computing processors, has already signed 23 customers for the mission.
Chinese EV maker NIO has signed definitive agreements with Geely subsidiaries for a deal involving battery-swapping and charging businesses. Under the terms, a Geely unit will invest 640 million yuan and contribute its own swapping business for a stake in NIO Power, valuing the unit at about 16 bill
Ayala Corp. has launched Alagang Ayala, a social infrastructure platform that brings together its healthcare, education, community development and sustainability businesses. The initiative aims to support human capital development while strengthening the group's presence in sectors with sustained de
CapitaLand Investment plans to acquire the 550-room Ibis Hong Kong Central & Sheung Wan hotel for about HKD2.3 billion and convert it into student accommodation. The deal is among HKD8.2 billion in hotel transactions this year, with many properties being repurposed as Hong Kong faces a shortage of o
SK Hynix's US-based NAND flash and SSD subsidiary Solidigm is weighing an initial public offering that could value the unit at up to US$150 billion. Pitch meetings with investment banks began this week, and the company could raise US$15 billion in what would be one of the largest semiconductor IPOs
Japan’s Inpex has exercised pre-emptive rights to acquire JERA’s entire 0.735 per cent stake in the Ichthys LNG project in Australia, blocking a prior sale to MidOcean Energy. The deal lifts Inpex’s interest to 68.555 per cent, subject to Australian regulatory approvals.
The IMF has lowered its Philippine GDP growth forecast for 2026 to 3.4% from 3.9%, and for 2027 to 5.1% from 5.5%. The downgrade follows weak second-quarter growth and renewed shocks from the Middle East war, with the protracted property sector slowdown cited as a contributing factor.
Property developer KEB Bhd has signed an underwriting agreement with M&A Securities for its planned ACE Market debut. The IPO will involve shares offered to the Malaysian public and pink form allocations, with proceeds earmarked for land acquisition, working capital, and loan repayment.
Japanese automaker Suzuki Motor aims to halve the time it takes to develop new vehicles by around 2030, compared with fiscal 2020 levels. The company also targets a 30% increase in development efficiency and a 50% gain in production efficiency, and plans to expand annual production capacity in India
AREIT shareholders have approved a P17.3 billion property-for-shares transaction with Ayala Land and its subsidiaries, involving four malls and two hotels. The deal will see ALI subscribe to 462.48 million new AREIT shares at P37.48 each, raising AREIT's assets under management to P177 billion. The
ACEN Corp. has completed the divestment of an initial 10% voting interest in Tejorupa Renewables India Project Private Ltd. to Diamond India Renewables One B.V. The transaction, which closed on 23 Sept, is part of a proposed sale of up to 49% of the Indian solar project company.
President Donald Trump’s repeated calls for the US Federal Reserve to cut interest rates to 1% are impractical and would likely trigger global financial dislocation, analysts say. A 3-percentage-point reduction from the current 3.75%-4% range would push Treasury yields higher, weaken the dollar and
Vingroup has been ranked 340th in TIME’s World’s Best Companies 2026, jumping 477 places from 817th last year. The Vietnamese conglomerate remains the only company from Vietnam on the list, scoring 81 overall across revenue growth, employee satisfaction and sustainability transparency.
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