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KUALA LUMPUR: KIP Real Estate Investment Trust (REIT) posted lower net profit of RM34.05mil in the fiscal year ended June 30, 2019 due to higher borrowing costs and also higher management fees and sees a challenging second half for the retail industry.
Eight months after Ghosn’s arrest, company struggles to turn corner as festering problems in the U.S. worsen
Real estate investment trusts (REITs) are increasingly getting on investors’ radars due to a scramble for yield in the current low interest rate environment.
SHANGHAI: Jack Ma’s online bank is leading a quiet revolution in the way China lends to small businesses, taking aim at a credit bottleneck that has held back Asia’s largest economy for decades.