22 Dec 2025

Wistron Corp has announced that its Vietnam subsidiary, Wistron Infocomm (Vietnam), plans to invest USD 134.8 million in building property and purchasing machinery and equipment. The decision reflects the company's continued focus on expanding manufacturing capacity in Vietnam. Wistron has been gradually strengthening its presence in the country as part of its strategy to diversify production locations. The investment highlights Vietnam's growing role in global electronics manufacturing and aligns with broader supply chain realignments by Taiwanese contract manufacturers.Read more

22 Dec 2025

US existing home sales edged up marginally in the past month, rising 0.5% to an annualised pace of about 4.13 million units, indicating a stable but subdued housing market. Despite the monthly gain, sales remained lower than last year as high borrowing costs and economic uncertainty continued to weigh on buyer sentiment. Limited new listings and slower inventory growth kept supply tight, supporting home prices, which rose to a median of around USD 409,200. Mortgage rates stayed above 6%, affecting affordability, especially for first-time buyers. With homes taking longer to sell and cash buyers playing a larger role, the market showed steadiness rather than a clear recovery.Read more

22 Dec 2025

China Vanke has proposed an improved plan to pay overdue interest on a 2 billion yuan (USD 284 million) bond and extend its repayment grace period, in a bid to avoid default. The developer intends to pay 60 million yuan in interest by December 22 and increase the grace period from five to 30 trading days. After bondholders previously rejected its extension request, Vanke is holding a second meeting with creditors to vote on the proposals. The company is also seeking to extend repayment for a 3.7 billion yuan (USD 525 million) note due later this month.Read more

22 Dec 2025

TSR Capital Bhd's subsidiary has accepted a 48 million RGT Letter of Award from Sime Darby Property for infrastructure and ancillary works in Bukit Raja, Selangor. The project will involve civil and supporting construction tasks that contribute to the development of the area. With prior experience in executing similar contracts, TSR Capital strengthens its footprint in the Malaysian construction sector. The project is expected to enhance connectivity, utilities, and overall urban development in Selangor, reflecting ongoing partnerships between major property developers and experienced construction firms in the country.Read more

21 Dec 2025

Evergrande Property Services has informed that its liquidators have received updated non-binding indicative offers from selected potential buyers. The company clarified that no new offers will be considered, and the potential transaction remains at an early stage. This development follows ongoing restructuring efforts by the Evergrande Group, which has been addressing financial pressures in its property services and real estate segments. Analysts note that the updated bids may help provide clarity on the company's future direction, though final agreements are still far from confirmed.Read more

21 Dec 2025

GDI Property Group's GDI No. 38 Diversified Property Trust has sold 5 and 15 Wood Street, Bassendean, for AUD 29.5 million. The transaction is part of the company's portfolio management strategy aimed at optimizing high-performing assets. The sale proceeds will strengthen the trust's financial flexibility and support future investments. GDI Property has consistently focused on balancing capital growth with steady returns, and this transaction demonstrates its approach to strategic asset management. The buyer has not been disclosed, but the transfer of ownership is structured for efficiency.Read more

20 Dec 2025

PennyMac Mortgage Investment Trust has reopened USD 75 million of its 8.500% exchangeable senior notes due 2029, reflecting ongoing investor demand. The notes, which allow exchanges under predefined terms, were initially issued earlier and offer both fixed income and potential exchange benefits. This reopening aligns with PennyMac's strategy of utilizing capital markets to enhance liquidity and support growth. Past debt issuances by the firm have demonstrated its capacity to maintain a balanced capital structure while attracting investor interest, highlighting confidence in its financial management and stability in the mortgage investment sector.Read more

20 Dec 2025

"Brazil’s Supreme Court has reaffirmed Indigenous land protections, ruling that lawmakers cannot strip communities of their ancestral territories. The majority decision establishes these rights as entrenched clauses in the constitution, countering recent attempts by Congress to limit recognition of reservations. While the ruling upholds Indigenous claims, it allows current landowners to retain use of disputed lands until compensated, a process that could take years. Indigenous groups have warned that ongoing legal challenges and delayed demarcations may increase violence, highlighting the continued tension between traditional communities and the country’s agricultural lobby. "Read more

20 Dec 2025

Japan is set to establish its third and largest data centre cluster in Nanto city, Toyama prefecture, to meet the growing demand for cloud and AI services. The project, led by private developer GigaStream Toyama, will have a total capacity of 3.1 gigawatts, with the first phase providing 400 megawatts by the end of 2028. Located in a low-hazard western region with cheaper electricity, the hub aims to diversify Japan's data infrastructure, complement existing centres in Tokyo and Osaka, and support international hyperscale operators.Read more

19 Dec 2025

Australian shares recorded modest gains last week, with financials driving the positive momentum, though the S&P/ASX 200 ended a three-week winning streak with a weekly decline of 0.8%.Investors remain cautious amid expectations for possible rate hikes in 2026 after inflation remained persistently high and the Reserve Bank of Australia adopted a hawkish stance. Banking stocks and consumer discretionary sectors showed resilience, while miners faced pressure. Market participants are closely watching the RBA's upcoming meeting minutes and early January inflation data to gauge future monetary policy and its impact on sectors.Read more