News

Mapletree launches first China onshore logistics fund with US$221-million AUM
The fund, managed by China Life Capital, has a portfolio of five stabilised logistics assets[SINGAPORE] Mapletree Investments has launched its first China logistics renminbi (RMB) fund with China Life...
Mapletree launches first China onshore logistics fund with 1.5 billion yuan AUM
The fund, managed by China Life Capital, has a portfolio of five stabilised logistics assets[SINGAPORE] Mapletree Investments has launched its first China logistics renminbi (RMB) fund with China Life...
South Korea’s Kospi posts biggest fall since early March as chipmakers slump
Published Tue, Jul 28, 2026 · 03:43 PM[SEOUL] South Korean shares tumbled nearly 11 per cent on Tuesday (Jul 28) in their worst session in about five months, as...
SK Hynix’s US$570 billion sell-off shows cracks in memory chip boom ahead of earnings
It is expected to post a record profit on Wednesday, but investors are turning skittishPublished Tue, Jul 28, 2026 · 12:10 PM[HONG KONG] A US$570 billion rout in just...
Australian central bank chief says economy cooling, unsure rates high enough
Michele Bullock highlights that while the world has become more shock-prone, the economy is more resilient than in the pastPublished Tue, Jul 28, 2026 · 11:57 AM[SYDNEY]  Australia’s central...
FAA says seats on hundreds of Boeing 737 MAX jets may need inspections
It said it received a report that some passenger seat assemblies were not correctly installed in its seat tracks[SEATTLE] The US Federal Aviation Administration said on Monday (Jul 28)...
SK Hynix, Samsung Electronics retreat as chip sell-off weighs on Asian stocks
Investors increasingly seek signs that AI spenders can justify the billions of dollars poured into the technologyPublished Tue, Jul 28, 2026 · 10:04 AMASIAN equities declined on Tuesday (Jul...
Johnson & Johnson announces US$5.5 billion settlement of talc lawsuits
Published Tue, Jul 28, 2026 · 08:39 AM[NEW YORK] Johnson & Johnson said on Monday (Jul 27) it would pay US$5.5 billion to resolve tens of thousands of lawsuits...
ESR-Reit to divest Ang Mo Kio industrial property for S$33.3 million at 2.1% premium
[SINGAPORE] The manager of ESR-Reit on Tuesday (Jul 28) announced that it has entered into a contract of sale to divest 12 Ang Mo Kio Street 65 for S$33.3...
Keppel Infrastructure Trust posts 1% higher H1 DPU of S$0.0199
As at Jun 30, net gearing is at 44.2%, with an interest coverage ratio of 8.3 times[SINGAPORE] The trustee-manager of Keppel Infrastructure Trust (KIT) on Tuesday (Jul 28) posted...
CapitaLand Ascott Trust H1 DPS flat at S$0.0253
After The Robertson House sale, manager expects at least one more divestment this year[SINGAPORE] The manager of CapitaLand Ascott Trust (Clas) posted a distribution per stapled security (DPS) of...
Meta disregarded its own research on teen harm, Tennessee tells jury
Internal documents showed that Meta product managers knew that it needed to warn the public about Instagram’s addictive features but it didn’tPublished Tue, Jul 28, 2026 · 06:35 AMLAWYERS...