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Master of the MEN'S UNIVERSE
SINGAPORE (Feb 7): As Mark Langer walks into the room for our interview, looking every inch a gentleman, the first thing I note is the suit he is wearing. I am, naturally, curious about the sartorial preference of the chief executive of Hugo Boss — more
February 07, 2020
Property
Mapletree Logistics unit to sell Shanghai property to Temasek associate for $64 mil
SINGAPORE (Dec 26): Mapletree Logistics Trust (MLT) is selling Mapletree Waigaoqiao Logistics Park to a subsidiary of Temasek Holdings associate GDS Holdings for RMB 330.0 million ($64.0 million), the manager announced Thursday.
December 26, 2019
Hong Kong protests
Singapore and Shanghai threaten Hong Kong's status as finance hub
(Nov 8): Hong Kong has long defied predictions it’ll lose its stature as Asia’s top international financial center — but for how much longer?
November 08, 2019
US-China trade war
Nobody wins in a trade war
Daryl Guppy is an international financial technical analysis expert and special consultant to AxiCorp. He has provided weekly Shanghai Index analysis for mainland Chinese media for more than a decade. Guppy appears regularly on CNBC Asia and is know
July 12, 2019
Property
CapitaLand injects two Shanghai office buildings to discretionary equity fund as seed assets
SINGAPORE (May 24): CapitaLand is injecting two prime Shanghai office buildings into CapitaLand Asia Partners I – the group’s maiden discretionary real estate equity fund which first closed on April 22 this year – as seed assets.
May 24, 2019
Update
Raffles Medical Group says not long before China forms 20-40% of overall business
SINGAPORE (April 29): Raffles Medical Group (RMG) says Raffles Hospital Chongqing saw around 500 patients over 1Q19 since it opened in January this year. The new hospital currently has between 100 and 150 beds, and the group intends to roll out more beds
April 29, 2019
Deals, joint ventures & alliances
Ascendas-Singbridge partners Mitsui to own & operate two office buildings in Shanghai
SINGAPORE (Feb 14): Ascendas-Singbridge Group and Mitsui Co have signed an agreement to jointly own and operate two office buildings in Shanghai, Ascendas Innovation Place (AIP) and Ascendas Plaza (AP), through a 55:45 partnership.
February 14, 2019
Property
CapitaLand in JV to acquire 70% of Pufa Tower in Shanghai CBD for $546 mil
SINGAPORE (Jan 7): CapitaLand has formed a 50:50 joint venture with an unrelated third party to acquire 70% of Pufa Tower in Shanghai, China, for RMB2,752 million ($546.3 million).
January 07, 2019
Property
Property markets from Hong Kong to Sydney join global downturn
(Jan 7): Asia is finally succumbing to the global property slowdown that’s jolted homeowners and investors from Vancouver to London, with markets in Singapore, Hong Kong and Australia showing fresh signs of softening.
January 07, 2019