Radius Residential Care (NZE:RAD) completed its purchase of the Karori care home in Wellington, according to a Tuesday filing with the New Zealand bourse.
The facility has 90 beds and 14 units and provides hospital-level and dementia care services, the filing added.
The company's shares fell around 1% in recent Tuesday trade.
Goodman Group (ASX:GMG) reported a work in progress value of AU$14.5 billion as of March 31, saying it expects the figure to reach around AU$18 billion by June, according to a Tuesday filing with the Australian bourse.The work in progress metric represents the total value of all the industrial, logistics, and data center real estate development projects the company has under construction.The company said data centers represent 73% of the March 31 work in progress. The work in progress is 37% pre-committed, reflecting an increase in the data center workbook which is primarily commenced before customer contracts are executed."We are actively managing procurement and contractor engagement across our supply chain given the potential impact of the current geopolitical environment on construction costs," Goodman Group said.
Japanese engineering firm Chiyoda (TYO:6366) is set to restart work on a liquefied natural gas facility in Qatar, a joint project with France's Technip Energies, Nikkei Asia reported Tuesday.All evacuated personnel are expected to return to the North Field East development site as early as this month, the report said.Local staff and their families were evacuated by March 16 due to escalating Middle East tensions linked to the U.S.-Israeli war in Iran, following an Iranian missile attack on Ras Laffan on March 18, Nikkei said.The North Field East project will produce 32 million metric tons of LNG annually, about half of Japan's yearly imports, for buyers including Italy, Germany, and China, with initial shipments planned for 2026 and completion set for 2027, the report added.Chiyoda's shares rose more than 2% in recent trade.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Japan's small and midsize enterprises are struggling with severe shortages of materials like naphtha due to the prolonged conflict in Iran, revealing a growing strain on their operations, Nikkei reported on Tuesday.For instance, Terano Technology has received only 10%-20% of the resin it needs, causing revenues to plummet to under 10% of last year's levels, while Sanwa Chemical faces supplier restrictions on oils and additives, the news daily said.Smaller firms are especially vulnerable due to their smaller purchasing volumes, limited storage space, and inconsistent deliveries, prompting roughly 10 weekly reports of shipping restrictions to the Small and Medium Enterprise Agency, the publication said.Even when supplies are available, passing on higher costs is tough. Kobashi Printing saw raw material prices jump 40% but can only raise its own prices by roughly 10% for fear of losing customers, the report said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)