Producer price index flat in July, though core services prices accelerate

Keystone Property Finance has launched a number of special edition HMO & MUFB products as part of a streamlining of its buy to let range. The specialist buy to let lender’s new special edition range offers a 15 basis point reduction on the core range, with rates starting at 3.34%. Keystone has also simplified its…

As of 31 December 2025, UOBAM had around S$42bn in assets under management. Credit: 18042011/ Shutterstock.com. Allianz Global Investors has reached an agreement to buy UOB Asset Management (UOBAM) in a transaction valued at S$555m($432.7m). The deal covers UOBAM’s operations in eight Asian markets – Singapore, Brunei, Indonesia, Japan, Malaysia, Taiwan, Thailand and Vietnam. Access…

Microsoft eliminated 4,800 positions on Monday and plans to cut about 20% of its Xbox division as it restructures amid the rapid advancement of artificial intelligence. Xbox will cut 3,200 roles this fiscal year, starting with 1,600 today, Xbox CEO Asha Sharma said in a memo to employees. The remaining 1,600 cuts will come in addition…

12:01 AM, 16th July 2026, 4 days ago Social housing landlord Notting Hill Genesis has lost an appeal over its attempt to charge shared owners at a Battersea block for facilities serving private flats elsewhere on the estate. The dispute turned on the wording of the leases, and that wording proved decisive. The Upper Tribunal…

Australia’s corporate regulator said Friday that it has launched Federal Court proceedings against Auditeo Australia Pty Ltd and two auditors over alleged serious audit failures linked to the collapse of the First Guardian Master Fund. The Australian Securities and Investments Commission alleges that unqualified audit reports on First Guardian and its compliance plan for the…