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Apac logistics sector sees dampened near-term outlook but long-term growth plans unfazed: CBRE
[SINGAPORE] Logistics occupiers across Asia-Pacific are looking beyond short-term market volatility and planning long-term investments, a CBRE survey on Monday (Aug 4) indicated. The 2025 Asia-Pacific Logistics Occupier Survey...
Asia: Markets track Wall Street rally on Fed rate cut bets
[HONG KONG] Stock markets rose on Tuesday as investors grow increasingly confident the Federal Reserve will cut interest rates next month, despite concerns about the US economy and Donald...
Petronas said to seek US$1 billion for Rio oil field stake sale
Published Tue, Aug 5, 2025 · 10:51 AM[SAO PAULO] Malaysia’s Petroliam Nasional Berhad is working with Bank of America to sell its 50 per cent stake in the Brazilian...
Some in Bank of Japan saw scope to hike rates if trade friction eases, June minutes show
[TOKYO] Some Bank of Japan policymakers saw scope to resume interest rate increases once trade friction caused by US tariffs eased, minutes of the bank’s June meeting showed, a...
China’s record renewables build-out is wasting power as grid lags
[BEIJING] China’s breakneck expansion of renewable power continues to set records, but an increasing amount of that wind and solar energy is being wasted because the grid is not...
Gold rises as Fed rate cut bets pressure dollar, yields
[BENGALURU] Gold prices rose on Tuesday (Aug 5), after gaining in the last three sessions, supported by a weaker US dollar and lower Treasury yields following last week’s weak...
CICT to buy rest of CapitaSpring for S$1 billion; plans S$500 million placement between S$2.105 and S$2.142 a unit
[SINGAPORE] CapitaLand Integrated Commercial Trust (CICT) on Tuesday (Aug 5) announced a proposed launch of more than 237.5 million new units to raise gross proceeds of around S$500 million,...
CICT plans S$500 million issue at S$2.105 a unit to help buy rest of CapitaSpring for S$1 billion
[SINGAPORE] Capitaland Integrated Commercial Trust (CICT) on Tuesday (Aug 5) announced a proposed launch of over 237.5 million new units to raise gross proceeds of around S$500 million, with...
Stocks to watch: CICT, CapitaLand Ascendas Reit, Lendlease Global Commercial Reit, Frasers Hospitality Trust, Sunpower
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Aug 5):CapitaLand Integrated Commercial Trust: The trust posted a 3.5 per cent rise...
CapitaLand Integrated Commercial Trust posts 3.5% rise in H1 DPU to S$0.0562
[SINGAPORE] CapitaLand Integrated Commercial Trust’s (CICT) distribution per unit (DPU) rose by 3.5 per cent to S$0.0562 for its first half ended Jun 30, 2025, on the back of...
Hong Kong’s new listing rules seen as helping hot market to stay hot
[HONG KONG] Hong Kong’s changes to its listing rules are likely to pave the way for one of the world’s hottest markets for initial public offerings (IPOs) to stay...
Intel’s credit rating downgraded by Fitch on demand challenges
Published Tue, Aug 5, 2025 · 07:04 AMFITCH downgrading US chipmaker Intel’s credit rating by one notch on Monday, according to a note by the ratings agency, which assigned...