Clar buys Tuas logistics property for S$133.9 million

Clar buys Tuas logistics property for S3.9 million

[SINGAPORE] CapitaLand Ascendas Reit (Clar) is buying a modern ramp-up logistics facility at 5 Tuas Avenue 5 for a purchase consideration of S$133.9 million in cash. The purchase price represents a 1.5 per cent discount to the property’s independent market valuation of S$136 million as at Feb 1, 2026. The transaction is expected to be…

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Outperforming Asia credit markets a draw for investors

Outperforming Asia credit markets a draw for  investors

These markets have remained resilient despite the energy shocks from the Middle East conflict, says JPMorgan Chase report [SINGAPORE] Credit markets in Asia have been resilient through the energy shocks and continue to outperform the US bond markets, attracting both local and foreign investors. The three-year annualised JP Morgan Asia Credit Index (JACI) performance for…

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Shamed former NYPD detective gets 4 years for ‘brazenly’ swindling federal loans in COVID-era fraud scheme

Shamed former NYPD detective gets 4 years for ‘brazenly’ swindling federal loans in COVID-era fraud scheme

A disgraced ex-NYPD detective was slapped with four years behind bars Wednesday for his role in orchestrating an extensive COVID-era scheme, helping 65 clients secure fraudulent loans during the height of the pandemic. John Bolden, of Valley Stream, was ordered to pay $303,138 in restitution and forfeit $112,002, in addition to his prison stint, for…

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Oil gains as Middle East hostilities flare

Oil gains as Middle East hostilities flare

The IEA’s warning that global oil inventories could hit critical levels ahead of peak summer demand Published Thu, Jun 4, 2026 · 06:14 AM [NEW YORK] Oil prices rose around 2 per cent on Wednesday (Jun 3), extending the previous session’s gains, as hostilities in the Middle East erupted anew and talks between Teheran and…

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Wall Street ends lower as Middle East tensions escalate

Wall Street ends lower as Middle East tensions escalate

Published Thu, Jun 4, 2026 · 05:46 AM [NEW YORK] Wall Street stocks pulled back from record highs on Wednesday (Jun 3) as flaring tensions in the Middle East and rising crude prices stoked inflation jitters and convinced investors to take some profits. All three major US stock indexes closed in negative territory, dragged lower…

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7 things that happen when you stop curating and start communicating

7 things that happen when you stop curating and start communicating

If you’re building a business in 2026, you’ve probably felt the pressure to look polished at all times. Every LinkedIn post gets edited five times. Every website update is scrutinized. Every announcement is carefully staged to create the right impression. Founders often spend so much energy curating how they appear that they accidentally stop communicating…

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Evacuations underway in San Fernando Valley neighborhood as LAPD bomb squad responds to possible explosive device found

Evacuations underway in San Fernando Valley neighborhood as LAPD bomb squad responds to possible explosive device found

A neighborhood in the San Fernando Valley was evacuated Wednesday morning after an apparent explosive device was discovered. Authorities responded to a call about a suspicious package in the Valley Glen neighborhood in the 6100 block of Rhodes Avenue around 9 a.m., according to the Los Angeles Police Department. A San Fernando Valley neighborhood was…

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