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Delinquent office loans at five-year high trouble commercial mortgage bond market

The work-from-home phenomenon spawned by the Covid-19 pandemic and a slowing economy are pushing tenants to cancel or not renew leases, making building owners miss loan payments.

ASX LIVE: ASX to edge higher, S&P 500 advances modestly

Barrenjoey hired for strategic review of The Star Sydney casino. AMP Australian Wealth Managements reports $600m in net outflows. Pengana confirms global private credit offering with Soul Patts. Perseus Mining announces March quarter production.

WeWork and Rhone default on loan for SF office tower

WeWork and Rhone default on loan for SF office tower
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