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News

05 Dec UPDATE 1-Property firm Scentre buys half of Perth’s Garden City mall for $387 mln

Posted at 02:19h in News by KMFSLLP 0 Comments

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Property manager Scentre Group said on Friday it bought a 50% stake in shopping centre Garden City Booragoon for A$570 million ($386.80 million), beefing up its Westfield-branded portfolio in Perth months after pruning its Sydney assets.

05 Dec UPDATE 1-Tyro shares surge 40% in Australian market debut

Posted at 02:16h in News by KMFSLLP 0 Comments

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Tyro Payments shares jumped 40% in the company's debut on the Australian Securities Exchange on Friday after it raised A$287 million ($195 million) from investors.

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05 Dec UPDATE 1-Private equity firm Apollo hires Bain executive to launch Japan business -sources

Posted at 02:11h in News by KMFSLLP 0 Comments

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Private equity firm Apollo Global Management has hired a former executive from rival Bain Capital to head its operations in Tokyo, becoming the latest global fund to set up shop in Japan, five people with knowledge of the matter said.

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05 Dec China cenbank injects 300 bln yuan via 1-yr MLF, keeps rate unchanged

Posted at 02:07h in News by KMFSLLP 0 Comments

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China's central bank extended 300 billion yuan ($42.62 billion) through its medium-term lending facility on Friday, but kept the lending rate unchanged.

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05 Dec Japan Display creditors could extend commitment lines by 3 months -sources

Posted at 01:28h in News by KMFSLLP 0 Comments

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Apple supplier Japan Display Inc is likely to get a three-month extension for commitment lines worth 107 billion yen ($985 million) from its three main creditors, two sources with direct knowledge said on Friday.

05 Dec BOJ’s low-rate policy not behind megabank’s fee moves -Aso

Posted at 01:18h in News by KMFSLLP 0 Comments

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Japanese Finance Minister Taro Aso said on Friday that he did not believe the central bank's negative interest rate policy was behind a megabank's decision to consider implementing fees on various banking services.

05 Dec Australia’s Scentre buys 50% of Garden City Booragoon for $387 mln

Posted at 01:18h in News by KMFSLLP 0 Comments

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Australian property manager Scentre Group said on Friday it acquired a 50% stake in Perth-based shopping centre Garden City Booragoon for A$570 million ($386.80 million).

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05 Dec World Bank adopts $1 bln-plus annual China lending plan over U.S. objections

Posted at 01:02h in News by KMFSLLP 0 Comments

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The World Bank said its board on Thursday adopted a new plan to aid China with $1 billion to $1.5 billion in low-interest loans annually through June 2025, despite the objections of U.S. Treasury Secretary Steven Mnuchin and several U.S. lawmakers.

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05 Dec RPT-COLUMN-Nickel bubble deflates but a bear trap may be opening: Andy Home

Posted at 01:00h in News by KMFSLLP 0 Comments

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* (The opinions expressed here are those of the author, a columnist for Reuters.)

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05 Dec Australia shares set to close week on a high note; NZ inches up

Posted at 00:35h in News by KMFSLLP 0 Comments

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Australian shares were in line to cap off a volatile week on a positive note on Friday, as market participants stayed cautious while awaiting developments in the hoped-for interim trade deal between the United States and China.

News

05 Dec UPDATE 1-Property firm Scentre buys half of Perth’s Garden City mall for $387 mln

05 Dec UPDATE 1-Tyro shares surge 40% in Australian market debut

05 Dec UPDATE 1-Private equity firm Apollo hires Bain executive to launch Japan business -sources

05 Dec China cenbank injects 300 bln yuan via 1-yr MLF, keeps rate unchanged

05 Dec Japan Display creditors could extend commitment lines by 3 months -sources

05 Dec BOJ’s low-rate policy not behind megabank’s fee moves -Aso

05 Dec Australia’s Scentre buys 50% of Garden City Booragoon for $387 mln

05 Dec World Bank adopts $1 bln-plus annual China lending plan over U.S. objections

05 Dec RPT-COLUMN-Nickel bubble deflates but a bear trap may be opening: Andy Home

05 Dec Australia shares set to close week on a high note; NZ inches up

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