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Tragic bus crash kills at least 10 people as vehicle flipped onto its side
A deadly bus crash has killed at least ten people and injured 45 more as it swerved off the side of the road. The vehicle carrying passengers from Germany to Kosovo toppled over onto its side down a grass bank in eastern Croatia at around 6am on Sunday. At least 10 passengers have been confirmed […]
CMT, CCT unit holders vote in favour of merger to form new Reit
Unit holders of CapitaLand Mall Trust (CMT) and CapitaLand Commercial Trust (CCT) voted “resoundingly” yesterday in favour of the proposed merger to form a new real estate investment trust (Reit). While both sets of investors were in favour of the move, CCT unit holders had lower percentage approvals than those from CMT. The managers said […]
Japan’s January factory output beats forecasts but slowdown expected
By Daniel Leussink TOKYO (Reuters) – Japan’s factory output rose more than expected in January, providing some relief for policymakers amid heightened risks of a recession as the coronavirus outbreak in China disrupts supply chains and business activity. The world’s third-largest economy shrank at the fastest pace in almost six years in the December quarter […]