UK

Elite Commercial Real Estate Investment Trust is likely to lodge its prospectus next week. The portfolio – valued at around £320 million – comprises 97 freehold properties, all in the UK. Some 25% of the properties (by rental

LONDON (Mar 14): Britain’s Parliament voted to avoid an economically disastrous no-deal split from the European Union, opening the door to delaying Brexit and radically re-writing the terms of the divorce. The pound climbed to its highest level since Ju

LONDON (Jan 17): UK leader Theresa May survived an attempt to oust her government and immediately opened talks with rival political parties in an attempt to break the Brexit deadlock, as time runs out to reach a deal.

LONDON (June 27): The UK should start planning to delay Brexit and extend negotiations with the European Union or face the disaster of leaving without a deal, according to former Prime Minister Tony Blair.

SINGAPORE (Jan 31): Global Invacom today announced the incorporation of its wholly-owned subsidiary, Global Invacom Japan Kabushiki Kaihsa, for 10 million yen ($120,000).

SINGAPORE (Dec 18): OCBC Investment Research is upgrading its call on Frasers Commercial Trust (FCOT) to “buy” from “hold” with a higher fair value estimate of $1.51.

SINGAPORE (Sept 11): Frasers Centrepoint Limited is acquiring four income-producing business parks in the United Kingdom for a purchase consideration of £686 million ($1.2 billion).

NEW YORK/SEOUL (Sept 7): The US is circulating a draft resolution at the United Nations that would bar crude oil exports to North Korea, ban the nation’s exports of textiles and prohibit employment of its guest workers by other countries, according to a

LOS ANGELES (Sept 6): Possible witnesses to the alleged looting of billions of dollars from 1Malaysia Development Bhd are too scared to talk to US investigators because they fear retaliation, according to the Federal Bureau of Investigation.

(July 4): And the Brexit winner is … Frankfurt? Could it really be? The city on the banks of the river Main had ambitions for decades to establish itself on a global map. It wanted to become West Germany’s new capital after World War II, only to lose