Yen pinned near 40-year low with investors wary of intervention

Yen pinned near 40-year low with investors wary of intervention

Published Tue, Jul 7, 2026 · 08:39 PM [SINGAPORE/LONDON] The yen hovered near a four-decade low on Tuesday (Jul 7), leaving traders wary of possible intervention by Japanese authorities to bolster the currency, while the dollar steadied after recent losses. The yen was up 0.1 per cent at 161.93 per dollar, reversing some of its…

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Frasers sells Sydney mall to PGIM, AFM joint venture for US$172.2 million

Frasers sells Sydney mall to PGIM, AFM joint venture for US2.2 million

The Ed.Square Town Centre sale is the second divestment by Frasers Property Australia this year [SINGAPORE] A retail centre developed by Frasers Property Australia is set to be sold for A$248 million (US$172.2 million) to PGIM’s Real Estate Investment Group and Assembly Funds Management (AFM). The Sydney property, Ed.Square Town Centre, was built by Frasers Property Australia and completed…

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