08 Apr 2026

PTT Synergy Group Bhd announced that its unit has entered into an agreement to supply a warehouse automation system for a project involving Sime Darby Property and Mydin Mohamed Holdings. The contract includes the implementation of an automated storage and retrieval system (ASRS) along with ongoing maintenance services. The deal reflects increasing adoption of automation in logistics and warehousing, particularly in large-scale retail and industrial developments, where efficiency and storage optimisation have become critical.Read more

08 Apr 2026

BofA Securities has reduced its earnings growth forecast for Nifty 50 companies for FY27, citing rising stagflation risks linked to global geopolitical tensions. The brokerage expects earnings growth to slow to 8.5 per cent from its earlier estimate of 14 per cent. Higher crude oil prices, which remain elevated due to the ongoing Middle East conflict, are likely to impact India's import bill and corporate margins. While the index is trading near long-term average valuations, BofA sees limited near-term outperformance but highlights selective opportunities in large-cap stocks and sectors benefiting from higher interest rates.Read more

08 Apr 2026

The administration of Donald Trump has moved an emergency appeal to resume construction of a USD 400 million ballroom at the White House, arguing that the ongoing halt poses security risks. The project, which involves redevelopment of the historic East Wing site, has been challenged by preservation groups for lacking congressional approval. Authorities maintain that the President has full authority over White House renovations, while critics question the legality of the demolition and construction.Read more

07 Apr 2026

A recent ruling by the National Labor Relations Board has directed Amazon to negotiate with a union representing around 5,000 workers at its Staten Island warehouse. The decision follows findings of unfair labour practices by the company for refusing to recognise and bargain with the union. While the union has welcomed the move as a major win, Amazon has opposed the ruling and is expected to appeal, which could delay compliance. The case adds to ongoing tensions between the company and organised labour groups in the US.Read more

07 Apr 2026

Oiltek International Ltd has entered into a heads of agreement with Bioseaga Industries for the construction of a sustainable aviation fuel production facility in Malaysia. The project, valued at around USD 350 million, will be executed by Oiltek Malaysia, which is expected to be formally appointed as the contractor. The planned facility will have a production capacity of 300 metric tonnes per day. The development reflects growing investments in sustainable fuel infrastructure, especially in Southeast Asia, as countries focus on reducing aviation emissions and strengthening alternative energy supply chains.Read more

07 Apr 2026

Daito Trust Construction Co Ltd has announced plans to acquire shares in The Global Ltd through a tender offer priced at 1,280 yen per share. The total deal size is expected to reach 17.4 billion yen, indicating a strategic investment by the Japanese real estate company. The Global has expressed support for the offer and has advised its shareholders to participate. The move reflects ongoing consolidation trends in the real estate sector, where larger firms are looking to expand their portfolio and strengthen their market position through acquisitions.Read more

07 Apr 2026

National Healthcare Properties has filed for a US initial public offering, signalling continued momentum in real estate investment trust listings despite broader market volatility. The New York-based firm, which focuses on senior housing and healthcare assets, manages a portfolio of 37 senior housing communities and 130 outpatient medical facilities across 29 states. The move follows increased investor interest in defensive asset classes such as healthcare real estate, supported by demographic trends including an ageing population. The IPO, to be listed on Nasdaq, comes at a time when REITs are attracting capital amid caution in technology-led valuations.Read more

07 Apr 2026

MetLife Investment Management has appointed Andrea Drasites as the new head of its real estate and agricultural finance division. The move reflects the firm's continued focus on strengthening leadership in key investment segments. Drasites is expected to oversee lending and investment strategies across commercial real estate and agricultural assets. The appointment comes at a time when institutional investors are actively reallocating capital towards income-generating and inflation-hedged asset classes such as real estate and farmland.Read more

07 Apr 2026

Develia SA has entered into a preliminary agreement to acquire 100 per cent stake in Stocznia Cesarska Development from Gdansk Development Holding N.V.. The project is located on the historic former Imperial Shipyard land in Gdansk and has the capacity to support at least 3,000 residential units along with commercial space. The deal value is linked to a property valuation of 550 million zlotys, subject to debt adjustments. The transaction remains conditional on regulatory approvals, including clearance from the maritime economy authority.Read more

07 Apr 2026

Vietnam is considering a set of measures to stabilise its stock market after a sharp decline triggered by global geopolitical tensions linked to the Iran conflict. Proposals include setting up a government-backed stabilisation fund, easing share buyback rules, tightening trading limits, and managing media messaging. Authorities have been directed to review these recommendations, which also aim to support the real estate sector and secure a potential market upgrade by FTSE Russell. The moves come as investor sentiment weakens and the benchmark index records one of the steepest falls in Asia.Read more