Australia
From carpark office to $25 billion portfolio: How George Hongchoy transformed Link REIT into a real estate giant
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email On this episode of Managing Asia, retiring Link Asset Management’s Group CEO George Hongchoy opens up about the risks, tough calls and bold bets that helped reshape one of Asia’s largest real estate investment trusts. Source
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Asia-Pacific markets rise as investors await Bank of Japan decision
Aerial view of Mt. Fuji, Tokyo Tower and modern skyscrapers in Tokyo on a sunny day. Yongyuan | E+ | Getty Images Asia-Pacific markets rose Friday as investors look toward the Bank of Japan decision coming out later in the day. The decision could see rates raised to 0.75% — the highest since 1995 — […]
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Asia-Pacific markets open mixed as investors parse Japan trade data
Mount Fuji and the Shinjuku skyline in Tokyo, Japan, on Friday, Feb. 14, 2025. Photographer: Kiyoshi Ota/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Asia-Pacific markets mostly fell Wednesday as investors parsed trade data that just came out of Japan. Japan’s exports in November grew 6.1% year on year, data from the country’s […]
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Pentagon takes big stake in new Korea Zinc smelter in Tennessee, will get 10% of company
The Defense Department is getting a 40% stake in a $7.4 billion mineral smelter to be built in Tennessee in partnership with Korea Zinc, Reuters reported Monday. The critical minerals smelting and processing facility could produce 540,000 tons of materials in the U.S. per year, according to the U.S. Commerce Department. The deal comes as […]
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Gunfire, injuries reported at Sydney’s Bondi beach, two people in custody
A general view of visitors enjoying Bondi Beach during Sydney’s mild winter. Visitors enjoy mild winter weather at Bondi Beach in Sydney for swimming, walking, and relaxing. Sopa Images | Lightrocket | Getty Images Australian police said on Sunday two people were in custody after reports of gunshots and injuries at Sydney’s Bondi Beach. “The […]
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Asia-Pacific markets trade mostly higher after Wall Street notches fresh record
Mount Fuji and the Shinjuku skyline in Tokyo, Japan, on Friday, Feb. 14, 2025. Photographer: Kiyoshi Ota/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Asia-Pacific markets traded mostly higher Friday, tracking Wall Street gains after two key benchmarks hit new records on the heels of the recent Federal Reserve decision to cut rates. […]
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‘Reflation is back’ says Deutsche Bank as global central banks diverge from Fed
As central banks make different decisions on rates this week and next, their economies all show one thing, according to Deutsche Bank: Global reflation is back. “Something’s cooking. In contrast to US rates, the rest of the world looks far more interesting,” George Saravelos, global head of FX Research at Deutsche Bank, said in a note […]
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Asia-Pacific markets mostly higher as investors await China inflation data, Fed decision
Aerial view of vehicles being driven on the road through the central business district in Beijing, China. Vcg | Visual China Group | Getty Images Asia-Pacific markets traded mostly higher on Wednesday as investors awaited inflation data from China later in the day and an interest rate decision from the Federal Reserve. Traders are looking […]
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Asia-Pacific markets trade mixed as investors parse China trade data
Shanghai Bund skyline panorama Yangna | E+ | Getty Images Japan’s benchmark Nikkei 225 slid 0.14%, while the Topix added 0.25%. South Korea’s Kospi rose 0.35%, and the small-cap Kosdaq traded 0.45% higher. Revisions released by Tokyo on Monday show Japan’s economy shrank more sharply between July and September than first estimated. Official data showed that […]
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Asia-Pacific markets slide after subdued Wall Street session
Hong Kong Skyline Nikada | E+ | Getty Images Asia-Pacific markets opened lower Friday following a subdued Wall Street session. Australia’s ASX/S&P 200 fell 0.17%. Japan’s benchmark Nikkei 225 index lost 1.36%, while the Topix declined 1.12%. Yields on the Japanese 10-year government bond rose to 1.94%, the highest since July 2007, data from LSEG […]
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