PROPERTY development and construction firm Chip Eng Seng on Monday posted a net loss of S$24.4 million for its first half ended June 30, reversing from a net profit of S$15.2 million a year ago...

[WASHINGTON] US construction spending fell to a one-year low in June, weighed down by declines in outlays on private and public construction projects.

PROPERTY and construction firm TA Corporation on Monday flagged that it expects to report a "significant net loss" for H1 2020 and consequently, expect a loss for the full year ending Dec 31, 2020...

THE manager of Lippo Malls Indonesia Retail Trust (LMIRT) said on Monday that it had completed the divestment of Binjai Supermall for 262 billion rupiah (S$24.5 million).

CAPITALAND on Monday said that it and other shareholders have, through a series of transactions, divested an aggregate 40 per cent equity stake in Guangzhou Kai Ke Xing Mao Real Estate Development...

MIXED-USE development Victory Point has been relaunched for sale via public tender at a guide price of S$13.5 million by joint marketing agents JLL and Brilliance Capital.

[NEW YORK] Lord & Taylor, the floundering department store company that traces its roots to 1826, on Sunday became the latest retailer to file for bankruptcy protection as the coronavirus...

[LONDON] Local Government Secretary Robert Jenrick will announce a shake-up of the UK's "outdated and cumbersome" planning rules this week, which he said will accelerate home construction and spur...

[SYDNEY] Australian home prices eased for a third straight month in July as the reimposition of a coronavirus lockdown in Victoria weighed on the Melbourne market and consumer sentiment generally...

MANULIFE US Real Estate Investment Trust's (Manulife US Reit) distribution per unit (DPU) rose by 0.3 per cent to 3.05 US cents for its first half of the year ended June 30, 2020, from 3.04 cents...

BREAKING NEWS

Aug 4, 2020 07:30 PM

Malaysian police raid Al Jazeera offices amid probe into report on migrant workers

[KUALA LUMPUR] Broadcaster Al Jazeera said Malaysian police had raided its office in Kuala Lumpur on Tuesday, amid...

Aug 4, 2020 07:20 PM

Argentina says strikes US$65b debt deal to break impasse

[LONDON] Argentina said on Tuesday it had reached a deal with three creditor groups to restructure US$65 billion in...

Aug 4, 2020 07:11 PM

ByteDance CEO says Trump's real goal is to kill off TikTok

[HONG KONG] A US investigation into ByteDance's TikTok is really intended to smother a Chinese-owned app that's...

Aug 4, 2020 07:06 PM

Former Fuji Xerox boss claims his dismissal was 'orchestrated' in S$1.5m suit

[SINGAPORE] It was an anonymous letter by a whistle-blower accusing Fuji Xerox Singapore managing director Bert Wong...

Aug 4, 2020 07:01 PM

SGX to launch first two international Reit futures, in Asian first

THE Singapore Exchange (SGX) is set to launch two international real estate investment trust (Reit) futures products...