June 19, 2026

Latest News

Facebook expects to be hit hard by the FTC

Facebook expects to be hit hard by the FTC

After word got out last year that 87 million Facebook members had their profiles sold to political consultant Cambridge Analytica without permission, the Federal Trade Commission started an investigation. After all, this…
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Softbank To Buy Wirecard Shares

Softbank To Buy Wirecard Shares

Japan’s Softbank Group will purchase a 5.6 percent stake in German payments company Wirecard by acquiring convertible bonds worth about 900 million euros ($1 billion), Wirecard said in a statement on Wednesday. «As global…
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SM Prime’s Massive expansion plans

SM Prime’s Massive expansion plans

Philippine property developer SM Prime Holdings has committed PHP80 billion (US$1.53 billion) for constructing four new malls, residential units and mixed-use spaces this year. The additional capital is intended to…
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XL Axiata upgrading fiber network for 5G era

XL Axiata upgrading fiber network for 5G era

Indonesia’s XL Axiata has engaged Infinera to modernize both its South Sumatra terrestrial network and its Singapore-to-Jakarta subsea network for the 5G era. Under the agreement, Infinera will provide its…
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Rent growth boosts CapitaLand Retail China

Rent growth boosts CapitaLand Retail China

Stronger rental growth and lower operating expenses boosted CapitaLand Retail China Trust’s income by 10.7 per cent in the first quarter. According to CapitaLand Retail China Trust Management Limited (CRCTML),…
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Singapore Banks’ FX Volumes Pushed Up

Singapore Banks’ FX Volumes Pushed Up

Singapore banks will enjoy increased FX volumes going forward as the country grows as a foreign exchange (FX hub), banking heads said. «Singapore is fast evolving into a natural hub for FX in Asia…
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