Singapore’s Ascendas REIT to buy business parks from CapitaLand for $1.2 billion
Ascendas Real Estate Investment Trust said on Friday it is buying 30 business parks in the United States and Singapore for about S$1.66 billion ($1.22 billion) from its controlling unit holder CapitaLand Ltd .
China, U.S. maintain close contact on trade issues: foreign ministry
China’s Foreign Ministry said on Friday China and the United States have maintained close contact on bilateral trade issues.
Oil prices little changed but set for big weekly loss
Oil prices were little changed on Friday but set for a slide of about 4% on the week hurt by rising global supply and concerns about future demand.
Auto dealer Lookers expects profit to slump; top executives leave
British car dealership Lookers on Friday issued its second profit warning in less than four months and announced the departure of its two top executives.
Nissan names new finance chief, some managers to leave in latest shake-up
Nissan Motor Co on Friday appointed American Stephen Ma as its next chief financial officer and said Hitoshi Kawaguchi and other veteran executives were stepping down, a shake-up that one source said marked a “generational change” at the automaker.
China wind power firm plans $1 billion LNG terminal by end-2022
China’s Suntien Green Energy Co. Ltd , a wind power producer and piped gas distributor, plans to build a $1 billion liquefied natural gas (LNG) receiving terminal in north China by end-2022, after its investment plans won state approval, a company offi…
China, U.S. maintain close contact on meeting of leaders: foreign ministry
China’s Foreign Ministry said on Friday China and the United States have maintained close contact on a potential meeting of U.S. President Donald Trump and Chinese President Xi Jinping.
Nissan appoints new CFO, says some senior managers to leave in latest shake-up
Nissan Motor Co on Friday appointed American Stephen Ma as its next chief financial officer, and said that some veteran executives including Hitoshi Kawaguchi were stepping down, marking the latest shake-up at the automaker.
South Africa’s Taste Holdings to exit food business, sells Starbucks stores
Taste Holdings , owner of Starbucks and Domino’s Pizza franchises in South Africa, said on Friday it was abandoning the food business, and had already sold its 13 stores of the coffee chain to a consortium for 7 million rand ($464,000).
Asian shares at fresh three-month highs on China PMI surprise
Asian shares scaled three-month highs on Friday as a surprise bounce in Chinese manufacturing activity eclipsed doubts raised by a Bloomberg news report over whether the United States and China can reach a long-term trade deal.
