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NEW YORK: Rupert Murdoch's News Corp will buy Move Inc, the owner of property websites such as realtor.com, for about US$950 million to expand its digital marketing business as advertising revenue from its print business dwindles.
RHB Research said it viewed Axis Real Estate Investment Trust’s (Axis-REIT) proposed acquisition of an industrial asset in the Southern Industrial and Logistics Clusters (SiLC) industrial area, Johor, positively as it might help to further drive its earnings growth.
BANGKOK: Thai telecommunications group Jasmine International PCL has raised 36.7 billion baht (US$1.13bil) through the initial public offering (IPO) of its Internet fund, earmarked for the expansion of its high-speed broadband network.