29 May 2026

Vietnam-based Vingroup’s EV charging arm V-Green has partnered with ChargeZone to develop a co-branded EV charging network for VinFast customers in India. The collaboration marks VinFast’s first charging partnership with an Indian charge point operator as the company prepares to expand its presence in the country’s electric mobility market. Around 15 charging stations have already become operational, while nearly 100 more stations are planned over the next six months. The partnership aims to improve charging accessibility, strengthen EV infrastructure and support growing electric vehicle adoption across major locations in India.Read more

29 May 2026

Aroundtown SA reported a sharp decline in first-quarter profit as the absence of property revaluation gains and rising finance costs weighed on earnings. The company’s net profit fell by more than 50% year-on-year to EUR 118.9 million, even as German commercial property prices continued to recover after a prolonged downturn. Aroundtown’s funds from operations (FFO I), a key earnings metric for property firms, also declined due to higher borrowing costs. However, the company maintained its full-year guidance, indicating that operational performance remained within expectations despite ongoing market and geopolitical uncertainties.Read more

28 May 2026

Samsung Electronics is planning to invest nearly USD 1.5 billion in Vietnam to set up its first semiconductor testing plant in the country, according to proposal documents reviewed by Reuters. The facility, being developed near Hanoi, is expected to begin operations in 2027 and will focus on testing DRAM and NAND memory chips. The move comes as global demand for memory chips continues to rise due to rapid expansion in AI data centres. The project also strengthens Vietnam’s role in the global semiconductor supply chain, where it has already emerged as a key hub for chip assembly, packaging and testing operations.Read more

28 May 2026

• China and Hong Kong stock markets traded lower as weakness in property and AI-linked shares weighed on investor sentiment.
• The CSI 300 Real Estate Index fell 3.9% to a record low, while China Vanke continued to face pressure from its ongoing debt challenges.
• China’s industrial profits recorded their fastest growth since late 2023, but concerns over domestic demand and financing conditions continued to impact markets.
• Semiconductor and AI-related stocks declined despite continued long-term optimism around China’s technology and EV sectors.
• Analysts at CITIC Securities and UBS said investors remain focused on selective growth sectors including AI, infrastructure and chips.Read more

28 May 2026

Keppel DC REIT has announced the termination of its proposed sale involving NetCo bonds and preference shares. The decision was disclosed in a filing released earlier today, with the company confirming that the planned transaction will not proceed further. The update comes as part of its routine corporate disclosures under its listed entity obligations. Keppel DC REIT, which focuses on data centre-related assets, did not provide additional financial details regarding the cancellation. The move reflects a change in direction on the previously proposed divestment exercise.Read more

28 May 2026

A group of environmental activists and Indigenous Australian campaigners are continuing their protest at Victoria Park in Brisbane, where a new stadium for the 2032 Olympics is planned. The Queensland state government has set a Monday deadline for the site to be vacated, with fencing and preparatory construction works already beginning. Aboriginal elders and supporters argue the park holds deep cultural and spiritual importance, while authorities maintain that the project cannot be delayed. Legal and environmental concerns around the site remain unresolved as tensions grow ahead of construction.Read more

28 May 2026

Australian shares ended lower as weakness in banking and real estate stocks pulled the broader market down, while investors remained cautious ahead of key inflation data expected this week. Market sentiment was also influenced by ongoing discussions around a possible peace agreement between the US and Iran, though officials indicated that a final deal was still not close. Rate-sensitive sectors faced pressure as traders assessed the Reserve Bank of Australia’s likely policy path. Meanwhile, New Zealand markets moved higher ahead of the country’s central bank policy meeting, where interest rates are widely expected to remain unchanged.Read more

28 May 2026

China Vanke Co is seeking one-year extension for four onshore bonds, offering 40% upfront repayment of principal. Two medium-term notes of 2 billion yuan each due June 15 and July 7 with 3.07% coupons are included. A bondholder meeting is scheduled for June 5 with voting deadline June 9. Two additional corporate bonds due or puttable in July also fall under proposal. The move follows earlier approval in January for similar extensions on three yuan bonds. Sources said company has not responded.Read more

28 May 2026

Lagenda Properties reported a marginal decline in its financial performance for the first quarter of 2026, with revenue and net profit remaining largely stable compared to the previous year. The company posted revenue of 262.1 million RGT against 264.4 million RGT in the corresponding period last year, while profit attributable to equity holders stood at 44.2 million RGT. Despite softer earnings, the developer said it plans to maintain its current housing prices for the time being. The company has continued focusing on affordable housing developments, a segment that has supported steady demand in Malaysia’s residential market.Read more

27 May 2026

• RL Commercial REIT Inc confirmed that it is evaluating possible assets for infusion into the company.
• The company did not disclose details regarding the assets, valuation or timeline for any potential transaction.
• The move reflects ongoing expansion and portfolio growth efforts within the REIT sector.
• RL Commercial REIT mainly holds office properties in the Philippines, including assets leased to corporate and BPO tenants.
• Market participants are closely monitoring REIT acquisition pipelines amid evolving office market conditions and interest rate trends.Read more