Welcome to Monday, Asia. Here’s the latest news and analysis from Bloomberg Economics to help you start the week:
Mall operator Simon Property Group Inc. has been in talks with Amazon.com Inc. to turn some empty store space formerly occupied by anchor tenants such as J.C. Penney Co. Inc. and Sears Holdings Corp. into Amazon fulfillment centers, Dow Jones reported, citing people familiar with the matter.
CoreLogic Inc.’s board called for a special shareholders meeting on Nov. 17 to vote on replacing as many as nine of the company’s directors with nominees backed by Senator Investment Group LP and Cannae Holdings Inc. following their unsolicited bid.
CK Asset, Wharf, Sun Hung Kai have all been affected, and prime office rents may drop 15% to 20% in 2020, an analyst says.
Lebanon’s stock market is due to open Monday for the first time since the Beirut port explosion on Aug. 4 as world leaders discuss emergency aid and anti-government protests gather strength.
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