Mapletree Industrial Trust divests Philadelphia Data Centre for US$14.5 million
The manager says it is the most ‘prudent’ action to optimise capital allocation and portfolio performance [SINGAPORE] The manager of Mapletree Industrial Trust (MIT) on Monday (May 25) announced the sale of Philadelphia Data Centre for US$14.5 million – a deal entered into with DBS Trustee, as trustee of MIT, and a non-interested third-party purchaser.…
Read MoreThe war-driven supply shock already roiling manufacturing in Asia
Published Mon, May 25, 2026 · 07:36 AM [TOKYO] Countries in Asia are reeling from a shortage of naphtha, a petroleum derivative used in a dizzying array of products, from household plastic wrap to industrial inks and medical devices. Early global alarm over the war in the Middle East centred on skyrocketing crude prices and…
Read MoreEva Longoria Closes Cannes With One More Sky-high Platform Sandal
Eva Longoria closed the 2026 Cannes Film Festival in another sky-high platform sandal, wearing a metallic silver iteration of Santoni’s Wide Strap Platform Sandal to the closing ceremony Saturday night. Eva Longoria wearing silver Santoni platform sandals as she attended the closing ceremony of the 79th annual Cannes Film Festival on Saturday. Getty Images Her…
Read MoreTo AI executives, we’re all just ‘meat computers’
This comparison has not landed well with a public anxious about the artificial intelligence future Source link
Read MoreNike’s Classic Air Max Sneaker Is Getting a New Chrome Colorway for the Summer
In recent years, the Air Max 90 has been one of the less-celebrated models in Nike’s pantheon of Air Max models and yet, the retro sneaker is never too far from the spotlight. While it may not receive the litany of new styles and collaborations seen on shoes like the Air Max 95 or even…
Read MoreMore Signs Russia’s Internet Crackdown Is Backfiring
Vladmir Putin has a problem. Despite the almost $3 billion spent on television propaganda, Putin is not as popular in Russia as he would like to be. Over four years after Russia’s invasion, the war in Ukraine continues to grind on. Aiming for total control over the Donbas, which experts are increasingly saying will take…
Read MoreNissan unit scraps plan to make EV powertrains in UK: Nikkei
The plan to invest £48.7 million to make up to 340,000 units a year has been cancelled Published Sun, May 24, 2026 · 08:24 PM [TOKYO] Nissan Motor subsidiary Jatco has scrapped its plan to make electric vehicle powertrains in Sunderland, Britain, in the light of sluggish demand for Nissan’s EVs in Europe, the Nikkei…
Read MoreNacho versus Taco: Are these Tex-Mex themes about to give investors in Singapore indigestion?
Mega-cap listing aspirants may draw liquidity away from less exciting companies around the world [SINGAPORE] When global bond yields suddenly began surging on May 15, it felt as though investors were finally giving up on “looking through” the inflationary impact of the war in Iran, and positioning themselves for tighter monetary policy from the US…
Read MoreAre Washington’s Most Important Gulf Allies on a Collision Course? | National Review
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Read MoreWhat Makes an Excellent Children’s Treasury | National Review
And what doesn’t. Source link
Read MoreCote and the Risks of the Clubstaurant
The restaurateur Simon Kim opened Cote in the Flatiron district, in 2017, with an alluring conceit: a marriage of two of the great beef-worshipping restaurant genres, the Korean-barbecue joint and the American steak house. He borrowed Cote’s format from the former, with grills inset into tabletops and a classic Korean menu of meat, marinades, and…
Read MoreSNAP Cuts Threaten to Cut Young Adults Off at the Knees
Even before its passage, SNAP had “always had a very rigorous application process” that was difficult for young adults to navigate, said Ed Bolen, director of SNAP state strategies at the Center on Budget and Policy Priorities. Research suggests that young adults already have difficulty accessing social safety net benefits. Roughly 55 percent of the…
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