S-REITs and the regional REIT market, real estate funds, institutional mandates and cross-border transactions.
Chinese AI startup Moonshot AI apologised and reset subscriber quotas by 25 per cent following rate limiting and quota consumption issues after its Kimi K3.1 Pro launch. The Beijing-based company also adjusted parameters to reduce unnecessary subagent calls and output length.
Economists project the Bangko Sentral ng Pilipinas (BSP) will raise its benchmark policy rate by another 50 to 75 basis points through early 2027, following a surprise 50-bp hike in October that brought the rate to 5.5%. Headline inflation hit 7.2% in September, its fastest pace in three-and-a-half
An AEW-managed fund has agreed to sell the Westgate Tower in Jurong East to Tuan Sing for S$600 million, a 12 per cent discount on the S$680 million AEW paid in 2022. The 20-storey, 305,000 sq ft office building is 90 per cent occupied and sits on a 99-year leasehold site.
North Korean leader Kim Jong Un called for army companies to become elite, self-sufficient combat units during a two-day meeting in Pyongyang. The event, the first military-wide gathering since the Ninth Party Congress in February, underscores his priority of strengthening conventional forces. Kim a
Godrej Properties reported a 63.9 per cent decline in net consolidated profit after tax to ₹145.47 crore for the September quarter, despite a 31.9 per cent rise in total income to ₹2,571.73 crore. The developer posted booking value of ₹8,008 crore from 3,658 units and collections of ₹5,318 crore, wi
AmFIRST Real Estate Investment Trust has completed the disposal of Menara AmBank to AmBank (M) Bhd for RM331 million. The remaining RM297.9 million was paid on Oct 23, settling outstanding loans and leaving RM72.2 million for the REIT's trustee.
Singapore's core inflation fell to 2 per cent year-on-year in September, down from 2.2 per cent in August, driven by slower rises in services, retail and private transport costs. The Monetary Authority of Singapore and Ministry of Energy, Trade and Industry expect inflation to ease more clearly from
Ahmad Zaki Sdn Bhd, a wholly-owned subsidiary of Ahmad Zaki Resources Bhd, has obtained a three-month High Court restraining order from Oct 21, 2026 to Jan 20, 2027 while it pursues a proposed scheme of arrangement with creditors. The court has fixed Dec 28 to hear the company's application for a co
Property developer KEB Bhd plans to raise RM48.49 million from its initial public offering on Bursa Malaysia's ACE Market, with the bulk of proceeds going to land acquisitions and its Residensi Jentayu mixed-use project. The group has priced its shares at 35 sen each ahead of a tentative Nov 16 list
Pavilion Real Estate Investment Trust reported net property income of RM145.58 million for the third quarter ended Sept 30, 2026, virtually unchanged from RM145.49 million a year earlier. Lower operating expenses offset a marginal revenue decline, while Pavilion Bukit Jalil posted a 4.1% increase in
Mahindra Lifespace Developers reported a 65.9 per cent decline in net consolidated profit to ₹16.34 crore for Q2 FY27, even as total income tripled to ₹104.02 crore. Residential pre-sales rose 41 per cent to ₹1,063 crore, while the company added projects worth ₹1,500 crore in gross development value
The Asian Development Bank is considering a US$500 million loan for infrastructure supporting a 360-hectare Pasay City development by SM Prime Holdings. The nonsovereign loan, to be extended to SM Smart City Infrastructure and Development Corp., is scheduled for board consideration on 25 Nov 2026.
Anthropic is pushing forward with its IPO in mid-November, aiming for a potential US$1.5 trillion valuation, even as other AI infrastructure and data centre firms delay or withdraw their listings amid rising interest rates and market volatility.
The Insular Life Assurance Co. Ltd. (InLife) has launched a variable unit-linked fund offering potential monthly income through exposure to the Nasdaq-100 and a covered call options strategy. The Global Equity Premium Income Fund is designed to generate option premiums during market volatility and i
The Court of Appeal has upheld a tax refund for Lush Development Sdn Bhd, an IOI Properties Group subsidiary, confirming that the Federal Court's ruling against taxing compulsory land acquisition compensation applies retrospectively. The decision dismisses the Inland Revenue Board's appeal and award
BE Semiconductor Industries posted €342.6 million in Q3 orders, beating analyst expectations of €298 million, driven by AI data centre demand. Revenue in the final quarter of 2026 is expected to be broadly unchanged from Q3's €283.4 million, the company said.
Malaysia's ParkCity Group is acquiring the Sheraton Hong Kong Tung Chung Hotel and Four Points by Sheraton from distressed Chinese developer Shimao for RM1.4 billion. The sale, expected to close by end-2026, includes the hotels and the T-Bay community hub, following a competitive tender that closed
Glomac Bhd has unveiled approximately RM371 million in new launches for FY2027, comprising landed homes and commercial properties. The group reported RM163 million in products introduced to date, with a further RM208 million planned for the third quarter, and highlighted unbilled sales of RM546 mill
Gamuda Bhd is targeting RM7 billion in property sales for FY2027, more than double the RM3.2 billion in FY2026, supported by a RM9.4 billion launch pipeline across Vietnam, Singapore and Malaysia. The target follows a 22% decline in property sales in the preceding financial year, attributed to softe
Gadang Holdings Bhd reported a 78.8% decline in first-quarter net profit to RM2.88 million, as construction and property contributions weakened. Revenue fell 61.4% to RM114.79 million, with the group citing lower progress from completed or near-completed residential projects and goodwill impairment
Property developer Hua Yang Bhd fell to a net loss of RM6.47 million in the second quarter ended 30 Sept 2026, reversing a year-ago profit of RM148,000. Revenue rose 15.6% but was more than offset by completion costs for Taman Ara Saujana and higher selling and administrative expenses.
Industrial property REIT AME REIT reported an 11.5% increase in second-quarter net property income to RM16 million, driven by new acquisitions and higher renewal rents. Distributable income rose 2% to RM11.71 million, with a distribution of 2.19 sen per unit payable on Nov 26.
CapitaLand Malaysia Trust (CLMT) reported a 32.2% year-on-year increase in third-quarter distributable income to RM46.3 million, lifted by industrial and logistics acquisitions, higher rents and lower financing costs. DPU rose 21.6% to 1.35 sen for the quarter ended Sept 30, 2026.
Sunway Healthcare Holdings Bhd has entered a 60:40 joint venture with Putrajaya Holdings to develop a 325-bed private hospital on freehold land in Precinct 7, Putrajaya. Construction is targeted to begin in Q4 2027 with completion in 2031.
Singapore and the United Arab Emirates intend to launch negotiations on a Comprehensive Economic Partnership Agreement to deepen economic integration and facilitate trade and investment flows. The announcement was made by Prime Minister Lawrence Wong and UAE President Sheikh Mohamed Zayed Al Nahyan
Singapore-listed Wee Hur Holdings has secured an unconditional option to acquire a 2,744 sq m site at 35-51 Nicholson Street in Wollstonecraft, Sydney, for a proposed 12-storey, 471-bed student residence. The acquisition is expected to close in the second half of 2027, with Wee Hur bringing in exter
Tokyu Land Capital Management has acquired 30 Pieces, a 30-unit short-stay apartment building near Osaka's Namba station, from Taiwan-based Aplus Property Investment Holdings. The deal closed in late August, with financial terms undisclosed, as local governments move to restrict the minpaku sector.
Singapore-based DayOne Data Centers is considering delaying or scaling back its planned US initial public offering to raise between US$2.5 billion and US$3 billion, down from an earlier target of US$5 billion. The move comes amid rising volatility in the data centre sector following the failed IPO o
US envoy Steve Witkoff will meet Russian President Vladimir Putin on Wednesday after what a US official called 'constructive' talks with Ukrainian President Volodymyr Zelenskiy in Oslo. President Donald Trump said it was time for Ukraine to end the war, as relations between Washington and Kyiv have
Prime Oil & Gas, Inc. has offered to acquire the 30% participating interest held by Monte Oro Resources & Energy, Inc., a subsidiary of Apex Mining Co., Inc., in Service Contract 72 (SC72) covering the Sampaguita Gas Field in the West Philippine Sea. The proposed intra-group transaction, subject to
RHB Research expects Malaysian REIT earnings growth to slow in 2027 as recent acquisitions enter the comparison base, shifting focus to rental increases and occupancy gains. The research house maintained an 'Overweight' rating on the sector, citing resilient earnings and stable yields despite rising
IndiQube Spaces has approved an investment of up to ₹35 crore in SaiEdge Realty, acquiring a stake of up to 49% on a fully diluted basis. SaiEdge will develop commercial office space which IndiQube intends to lease upon completion.
A Reuters poll of 34 economists finds the Bank of Korea will keep its key policy rate unchanged at 3.00% at its October 22 meeting, but is expected to raise it to 3.25% in November. Inflation remains above the 2% target at 2.9%, while growth stays strong on semiconductor-led exports, giving policyma
The Housing and Local Government Ministry (KPKT) will provide RM24,000 in grants for three community-led pilot projects under the Malaysia Urban Forum 2026 initiative. The projects aim to improve urban liveability, accessibility and public amenities, with implementation expected between November 202
Autonomous Logistic Solutions Sdn Bhd has launched its Level 4 driverless RoboVan for public-road operations in Malaysia, the first fully driverless vehicle by a Malaysian company with a valid licence plate. The vehicle will undergo a six-month trial along Cyberjaya's 22km MyAV testing route under m
KIP Real Estate Investment Trust posted a 19.6% year-on-year rise in revenue to RM48.75 million for 1QFY2027, while net profit was broadly flat at RM17.26 million. Higher management fees and borrowing costs offset gains from its retail and industrial portfolio.
National Tsing Hua University (NTHU) has signed an agreement with US nuclear microreactor developer NuCube Energy to explore replacing its aging Tsing Hua Open-pool Reactor (THOR). The partnership will assess technology, research applications and deployment feasibility for nuclear education, researc
Japanese insurer Daiichi Life has offered A$6.3 billion to acquire the 79.5 per cent of Australian annuity provider Challenger Ltd it does not already own, valuing the Sydney-based company at about A$8 billion. The bid would give Daiichi greater access to Australia’s retirement savings pool and cont
The Commission on Audit flagged the Department of Environment and Natural Resources over P1.93 billion in unliquidated fund transfers, P521.26 million in uncollected revenues and a P5.61 million buyout of reforestation projects in 2025. State auditors said 79.22% of P2.43 billion transferred to impl
Tenstorrent has raised $1.5 billion in a Series E funding round, valuing the AI chip startup at $6.2 billion post-money. The round was led by Trace Capital and Innovation X, with the company planning to scale production of its Galaxy servers.
China's economy grew 4.5% in the third quarter, beating consensus forecasts, as strong exports offset weak consumer spending. Analysts expect Beijing to hit its 2026 target of 4.5%-5% without fresh stimulus, though they warn of deepening structural imbalances.
Subaru plans to launch software-defined vehicles (SDVs) in the second half of this decade and cut vehicle development times by about 40 per cent. The Japanese automaker will deploy a new integrated electronic control unit co-developed with US chipmaker Advanced Micro Devices across its lineup.
Cambridge Associates, which oversees more than US$600 billion in assets, advises Asian families to adopt long-term, customised investment frameworks as they transfer wealth across generations. The firm stresses genuine diversification, strategic asset allocation, and rigorous manager selection to bu
TAL Daiichi Life Australia Pty, a unit of Japan's Daiichi Life, has submitted an indicative proposal to buy the 79 per cent of Australian investment manager Challenger it does not already own, valuing the company at A$7.94 billion. The offer of A$11.80 per share represents a 19.8 per cent premium to
The National Physical Planning Council has granted in-principle approval for the proposed National Maritime Port City and Carey Island Port Special Economic Zone. The development is expected to create up to 115,000 jobs and contribute RM4.7 billion to Malaysia's GDP by 2045.
Cebuana Lhuillier has launched Money Guro Loans, a financing platform offering loans from P5,000 to P20,000 to micro, small and medium enterprises. The programme provides four loan options tailored to different business types, with disbursement and repayment handled through Cebuana Lhuillier branche
The Philippine Securities and Exchange Commission has set a P150-million minimum capital requirement for firms seeking to act as market makers in stocks and bonds. The new regulatory framework, outlined in Memorandum Circular No. 28, aims to improve liquidity and trading activity in the domestic cap
Philippine hydropower developers are asking the Department of Energy to accelerate project construction during the coming El Niño, arguing that low water levels make building easier even as they hurt generation. The PhilHydro Association also backs the seventh round of the Green Energy Auction and u
Yields on Philippine government securities climbed an average of 7.82 basis points week on week as peso weakness, elevated inflation and expectations of another Bangko Sentral ng Pilipinas rate hike dampened market appetite. Volume traded fell to P19.94 billion from P27.98 billion the prior week.
Japan's space agency is preparing to launch the Martian Moons eXploration (MMX) probe on a landmark round-trip mission to Mars's moon Phobos, aiming to collect samples that could reveal the origins of the Solar System. The H3 rocket is scheduled to blast off from Tanegashima Space Center on Tuesday
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