29 Apr 2026

Global financial markets have been affected by ongoing conflict in the Middle East, leading to delays in IPO plans and reductions or suspensions of dividend payouts by several international companies. The situation has also disrupted logistics, raw material supply chains, and overall business sentiment across sectors such as telecom, travel, fintech, aviation, and industrial services. Firms from Europe, Asia, and North America have cited uncertainty in demand and volatile capital markets as key reasons for their decisions. Some companies have paused listings, while others have opted to retain earnings to maintain financial stability amid unpredictable conditions.Read more

29 Apr 2026

China’s National Development and Reform Commission has blocked Meta’s proposed acquisition of artificial intelligence startup Manus, cancelling a deal valued at over USD 2 billion. The decision reflects Beijing’s efforts to retain control over critical AI talent and intellectual property amid ongoing technology tensions with the United States. Manus, once positioned as a leading domestic AI innovator, had shifted its headquarters to Singapore but remained under regulatory scrutiny. The move comes ahead of a planned bilateral summit between the two countries and signals expanding oversight of cross-border transactions in frontier technologies, with implications for global investment flows and corporate structuring in high-tech sectors.Read more

29 Apr 2026

Patel Engineering has been declared the lowest bidder for a major hydropower contract in Nepal, valued at INR 1,593.08 crore. The project, awarded by SJVN’s subsidiary, involves Package 2 of the 669 MW Lower Arun Hydroelectric Project and is expected to be completed in 54 months. The company highlighted its ongoing presence in the region through the nearby Arun-3 project and its focus on timely execution. This development follows another international order secured in Bhutan, reinforcing Patel Engineering’s growing footprint in South Asia’s hydropower sector.Read more

29 Apr 2026

Kuehne+Nagel, the Swiss logistics company, has revised its operating profit outlook slightly upward after reporting a strong start to the year across air freight, road transport, and contract logistics operations. The company attributed the improvement to continued cost discipline and stable performance across its global network. It now expects recurring earnings before interest and taxes to be between 1.25 billion and 1.40 billion Swiss francs, compared with its earlier projection that started at 1.2 billion Swiss francs. This update comes after it reported an EBIT of 1.24 billion Swiss francs in the previous year, reflecting steady operational resilience in a competitive logistics environment.Read more

28 Apr 2026

PwC Hong Kong will set aside HKD 1 billion (USD 127.7 million) to compensate minority shareholders of China Evergrande after regulatory findings of audit failures. The Securities and Futures Commission (SFC) found that Evergrande’s revenues were significantly overstated in 2019 and 2020, leading to misleading disclosures. The case marks the first instance in Hong Kong where an auditor of a collapsed company is required to compensate investors. Alongside this, PwC faces penalties and restrictions, highlighting tighter regulatory oversight following the developer’s financial collapse.Read more

28 Apr 2026

TotalEnergies has announced an investment of USD 1.2 billion in an onshore wind and battery energy storage project in Kazakhstan. The project, named Mirny, will combine 1 GW of wind capacity with 600 MWh of storage and is designed to supply electricity to around 1 million people. It is planned to reach full capacity by 2029 and will operate under a long-term agreement to sell power to the government. A large part of the funding is being arranged through an international banking consortium, supporting Kazakhstan’s renewable energy targets.Read more

28 Apr 2026

Aldar Properties reported strong initial demand for its Yas Park Place development, with over AED 800 million in sales generated from the launch phase. Around 80% of the released units were sold soon after launch, reflecting continued buyer interest in Abu Dhabi’s residential market. The project is located on Yas Island, a key growth hub known for its lifestyle offerings and infrastructure. The performance aligns with Aldar’s recent trend of high absorption rates across new launches, supported by both end-user demand and investor activity in the UAE’s real estate sector.Read more

28 Apr 2026

Hamad Mohammed Bin Saedan Real Estate has entered into a sharia-compliant Murabaha financing agreement valued at 48 million Saudi riyals, aimed at supporting its expansion plans and ongoing investment requirements. The financing arrangement is structured to strengthen the company’s real estate project development pipeline while ensuring compliance with Islamic finance principles. The agreement reflects continued use of Murabaha-based funding in the Saudi real estate sector, where developers rely on structured financing to manage growth and liquidity. The deal is expected to support upcoming developments and enhance the company’s operational capacity.Read more

28 Apr 2026

Secure Property Development & Investment PLC has updated that it is currently in discussions with Adven Industries regarding a revised repayment structure for an existing EUR 250,000 loan. The update indicates that both parties are reviewing alternative terms to adjust the repayment schedule, though no final agreement has been confirmed yet. The matter relates to an ongoing loan arrangement under the company’s financial obligations. The development reflects continued engagement between the two sides to manage repayment terms in line with current financial considerations and maintain stability in the agreement structure moving forward.Read more

28 Apr 2026

Singapore-based CapitaLand Investment has secured a SGD 2.4 billion (USD 1.9 billion) mandate from Income Insurance to manage the insurer’s directly held real estate portfolio. The mandate covers retail, commercial and industrial assets held both directly and through joint ventures. The assignment strengthens CapitaLand Investment’s role as a key manager for institutional capital in Singapore and supports its broader strategy of expanding across Asia Pacific. The development comes alongside strong transaction activity in 2025 and the current year, reflecting continued capital recycling across asset classes and active deal flow in the region.Read more