CICT leans on ‘bold acquisitions’ and asset recycling to drive growth

CICT leans on ‘bold acquisitions’ and asset recycling to drive growth

Manager says it has not shied away from bold moves to upgrade portfolio amid AGM questions on Paragon’s S$3.9 billion acquisition [SINGAPORE] The manager of CapitaLand Integrated Commercial Trust (CICT) said it is constantly on the lookout for deals, including “bold acquisitions” and selective asset sales, to sharpen its portfolio.  “The recent transactions that we…

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What to Expect in Apple’s New Era

What to Expect in Apple’s New Era

Andrew here. In 2017, Tim Cook and I had breakfast in Austin. For a little over an hour, I saw the beginning of Cook’s transformation from a C.E.O. to a diplomat: It was during this time that he began to think about his role in larger terms and come to grips with being a global…

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Say ‘yes’ to that work stint abroad and roll with the challenges: Sun Life’s Jessica Tan

Say ‘yes’ to that work stint abroad and roll with the challenges: Sun Life’s Jessica Tan

The Singapore executive’s career has spanned the most dynamic growth cycles in recent decades [SINGAPORE] Sun Life president Jessica Tan built her career by going where growth was, even if it meant crossing continents and spending years abroad. That path, it happens, also aligns with Singapore’s push for more professionals to gain overseas experience. Tan told…

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Vatican cancels sainthood cause for US priest Walter Ciszek

Vatican cancels sainthood cause for US priest Walter Ciszek

The Vatican has halted the sainthood cause of Walter Ciszek, an American priest who was tortured by the Soviet police. Ciszek, who was born in Pennsylvania in 1904 and died in 1984, ministered fellow prisoners in Russia from 1941 to 1963. He was imprisoned as Soviet authorities believed he was a spy and was released…

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Lutnick shuts down talk of any Chinese investment in US autos

Lutnick shuts down talk of any Chinese investment in US autos

Published Sat, Apr 18, 2026 · 04:10 PM [BEIJING] US Commerce Secretary Howard Lutnick ruled out the possibility of Chinese investment in the US auto industry, saying there’s no need for companies like electric carmaker BYD in America.  When asked during a fireside chat at a Semafor event in Washington on Friday (Apr 17) whether…

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CDL Hospitality Trusts flags negative impact from Middle East conflict

CDL Hospitality Trusts flags negative impact from Middle East conflict

[SINGAPORE] CDL Hospitality Trusts (CDLHT) disclosed on Friday (Apr 17) that the ongoing conflict in the Middle East has “resulted in a negative impact on the portfolio’s overall performance”, although the management maintained that the impact has not been material to date. In a series of responses to questions from security holders released ahead of…

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FLCT acquires Dutch logistics facility for 43 million euros

FLCT acquires Dutch logistics facility for 43 million euros

[SINGAPORE] The manager of Frasers Logistics & Commercial Trust (FLCT) announced on Thursday (Apr 16) that it has completed the acquisition of a freehold logistics property in Hapert, the Netherlands, for a gross purchase price of 43 million euros (S$64.4 million).  The transaction was finalised on Wednesday through a sale-and-purchase agreement with the vendor, VDG…

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ASML lifts 2026 forecast as surging AI chip demand boosts new orders

ASML lifts 2026 forecast as surging AI chip demand boosts new orders

Published Wed, Apr 15, 2026 · 08:49 PM [AMSTERDAM] ASML, the world’s largest supplier of chipmaking tools, on Wednesday (Apr 15) reported stronger-than-expected first-quarter earnings and lifted its 2026 revenue outlook as artificial intelligence boosts demand for its equipment. The stronger forecast underscores the rapid expansion of the global market for AI and a resulting…

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