FTX founder Bankman-Fried says filing for bankruptcy was a mistake, Money News,BENGALURU – The founder of collapsed crypto exchange FTX, Sam Bankman-Fried, said he regretted his decision to file for bankruptcy and, in an interview published by Vox, criticised regulators. Bankman-Fried said later on
South Korea ex-president Lee Myung-bak appeals 15-year jail term, Asia News,SEOUL – Former South Korean President Lee Myung-bak will appeal a court verdict that last week sentenced him to 15 years in prison for corruption, his lawyer said on Friday (Oct 12). Lee was found guilty of bribery and embez
Pope: Church should admit history of abuse of women, male domination, World News,VATICAN CITY – Pope Francis said on Tuesday the Catholic Church had to acknowledge a history of male domination and sexual abuse of women and children and repair its reputation among young people or risk becoming \”a mus
TLDR: Tips on bringing down your daily expenses amid inflation, Singapore News,With consumer prices continuing to climb and reaching a 14-year high in September, alongside the upcoming GST hike, it's no surprise that inflation and cost of living remain top-of-mind among Singaporeans. To offer g
Tencent pulls blockbuster game PUBG in China, launches hilariously patriotic clone, Digital News,Tencent Holdings Ltd on Wednesday shut down its test version of global blockbuster PlayerUnknown’s Battlegrounds in China and shifted users to a similar, more patriotic video game which, unlike PUBG, has
Musk says Twitter deal is 'accelerant' to creating 'everything app', Digital News,Elon Musk said on Tuesday (Oct 4) buying Twitter Inc is an \”accelerant to creating X, the everything app\”, after the billionaire proposed to go ahead with his original offer of $44 billion (S$63 bil
63-year-old Lin Ching-hsia divorced, received $350m in alimony: Reports, Entertainment News,Is Lin Ching-hsia's marriage officially over? Reports have once again surfaced alleging that the 63-year-old Taiwanese movie queen and billionaire Michael Ying, 58, have called it quits after 24 years of
What is an Initial Public Offering (IPO) and how do you invest in one? , Money News,Every now and then, the Business Times publishes big news about some company's upcoming IPO (Initial Public Offering). This might sound like just another meaningless acronym, but for those who follow the goings-
Taiwan touts new air force advanced training jet's abilities, Asia News,TAITUNG, Taiwan – Taiwan's air force showed off its new locally designed and made jet trainer on Wednesday (July 7), touting the more advanced, combat-capable abilities of the aircraft that will replace aging and accid
Singapore's Shopee changes the game in Brazil's e-commerce sector, Money News,Sea Ltd's Shopee took just two years to become Brazil's most-downloaded shopping app, winning users to its low-cost marketplace with its game-changing approach to e-commerce: in-app mini-games offering
Ex-Goldman banker got millions in 1MDB-linked kickbacks: Prosecutor, World News,NEW YORK – Prosecutors on Monday (Feb 14) accused a former Goldman Sachs banker of seeking to make millions of dollars laundering money looted from Malaysia's 1MDB sovereign wealth fund, at the outset of a trial tha
Apple's iPhone 12 comes without a charger. A smart waste-reduction move, or clever cash grab?, Digital News,Apple has released its new smartphone, the iPhone 12, without an accompanying charger or earbuds. Users have harshly criticised the company for this move and will have to purchase these a
Smart look at the week ahead: US jobless on the rise, Money News,Just about every piece of economic data will probably be pushed to the side-lines, unless it has something to do with Covid-19. Anything that happened before the pandemic is almost irrelevant. Anything that happened afterwards could be
Indonesia names second cabinet minister as suspect in million-dollar graft case, Asia News,JAKARTA – Indonesia’s anti-graft agency named Social Affairs Minister Juliari Batubara on Sunday as a suspect in a million-dollar bribery case, along with four others, while President Joko Widodo warned offici
Ho Ching and Jenny Lee move up the ranks in Forbes' 2018 list of 100 most powerful women, Singapore News,SINGAPORE – Two Singaporean women have been named in Forbes' annual World's 100 Most Powerful Women list that was released on Tuesday (Dec 4). Coming in at No. 17 this year is Tema
Philippines rights groups denounce presidential bid by Marcos heir, Asia News,MANILA – Philippine human rights groups staged protests on Wednesday (Oct 6) to denounce an attempt by the son and namesake of late dictator Ferdinand Marcos to return his family to power by vying for the presidency. Mr Ma
'I will lead you to earn $1m': Scammers pretend to be billionaire Peter Lim in online chats, Singapore News,SINGAPORE – Singaporean billionaire Peter Lim's staff have lodged two police reports over scammers impersonating him and offering investment tips on several group chats in Whats
'Must I be with my grandchild 24/7?' Najib reveals why he met with Singaporean 'Popiah King' Sam Goi, Malaysia News,When Malaysia's Court of Appeal granted a temporary release of Najib Razak's passport in October, it was so that he could travel to Singapore to visit his
Jeff Bezos pledges $1.35 billion to biodiversity, conservation efforts, Money News,AsiaOne has launched EarthOne, a new section dedicated to environmental issues — because we love the planet and we believe science. Find articles like this there. Amazon founder Jeff Bezos pledged on Monday (Sept 20)
Korean prosecutors question Samsung heir in succession-related probe, Asia News,SEOUL – Samsung Group heir Jay Y. Lee was questioned on Tuesday by prosecutors about a controversial 2015 merger and alleged accounting fraud that they said may have helped him advance his succession-planning agenda at t
A review of 4 undervalued real estate investment trusts, Money News,With the recovery in stock market since the March sell down, we have seen a slew of Real Estate Investment Trust (“REITs”) that manage to stage a strong recovery in its share price. This has resulted in some of the REITs being overv
Alibaba's Jack Ma calls US-China trade war \”most stupid thing in this world\”, Business Wires News,SHANGHAI – The US-China trade war is the \”most stupid thing in this world,\” Jack Ma, the chief of Asia's most valuable public company, Alibaba Group Holding Ltd, said on Monday. The two countr
3 stocks hitting 52-week highs, Money News,There are stocks that are hitting a 52 week-high despite the pandemic. The strange thing about this Covid-19 crisis is that it has not impacted all industries in the same way. The unfortunate ones such as airlines and tourism have suffered. However, industr
Jack Ma makes rare visit to Alibaba headquarters in Hangzhou, China News,BEIJING – Alibaba founder Jack Ma, largely out of public view amid a regulatory clampdown on the group, made a rare visit to its Hangzhou campus on Monday (May 10) during the e-commerce giant's annual \”Ali Day\” staff and f
South Korea's Krafton, maker of hit game PUBG, tumbles on debut, Money News,SEOUL/HONG KONG – Shares in Krafton Inc, the Tencent Holdings-backed South Korean company behind blockbuster video game PlayerUnknown's Battlegrounds (PUBG), fell as much as 20 per cent on their trading debut on Tu
3 REITs that grew their dividends, Money News,The Covid-19 pandemic has caused significant turmoil for businesses. As you may be aware, REITs have not been spared, as tenants are now facing increasing difficulties in servicing their rental payments as demand for goods and services has all but dried
Spotify hits 100 million paying subscribers, Digital News,Swedish music streaming giant Spotify said Monday it had amassed 100 million paying subscribers, but the company also fell back into the red and reported a first-quarter operating loss. \”Premium subscribers grew to 100 million, up 32 percent
Japan's Fukushima nuclear power plant plans seabed tunnel to release contaminated water into ocean, Asia News,The operator of Japan’s crippled Fukushima nuclear power plant intends to build an underwater tunnel to release water from the plant into the sea, it said on Tuesday, as part of a proje
ByteDance launches new search engine in China called Toutiao Search, Digital News,ByteDance, the owner of short-video app TikTok, has launched a new search engine in China, entering a sector currently dominated by Baidu Inc. Beijing-based ByteDance is moving beyond its core businesses in news and vi
UK court rules to extradite Indian tycoon Vijay Mallya, World News,A British court on Monday ruled Indian tycoon Vijay Mallya, the owner of Kingfisher beer and head of the Force India Formula One team, can be extradited to his homeland to face fraud charges. Mallya has been fighting to remain in Bri
Why TV audiences are tuning out the Tokyo Olympic Games, World News,Broadcasters will not be taking home any gold medals for how many people have watched the Tokyo Olympic Games so far. In several major markets around the world, the TV audience has fallen since 2016, as viewing becomes more fragment
Temasek stake values 'Salt Bae' Turkish restaurant owner at $1.6 billion, Singapore News,ISTANBUL – Singapore's Temasek and Britain's Metric Capital have bought into Nusr-Et steakhouse owner D.ream in a deal valuing the Turkish firm at $1.2 billion (S$1.6 billion). Nusr-Et was ma
Chow Yun Fat vows to donate fortune after he dies, Entertainment News,HONG KONG – Veteran Hong Kong actor Chow Yun Fat may be a heavyweight from the golden era of Hong Kong cinema but the famously frugal actor has vowed to donate his vast wealth to charity after he dies. Also known to western audien
Floods, landslides kill dozens as monsoon rains lash northern, eastern India, Asia News,LUCKNOW/BHUBANESHWAR, India – Floods and landslides triggered by intense monsoon rains killed at least 50 people in northern and eastern India over the last three days, officials said on Sunday (Aug 21). The rain
Covid maths: All the virus in the world would fit in a coke can, World News,LONDON – All the Covid-causing virus circulating in the world right now could easily fit inside a single cola can, according to a calculation by a British mathematician whose sum exposes just how much devastation is caused b
China fund managers embrace robots as competition intensifies, Money News,Chinese fund managers, grappling with a rapidly-growing list of publicly-traded securities and mountains of data, are rapidly embracing machine learning and other types of artificial intelligence (AI) to boost efficiency and b
LG's 27-inch OLED gaming monitor offers 240Hz refresh at eye-popping $1,379 price, Digital News,LG’s OLED gaming monitors are already widely available, but their cost is a very different story — and for good reason. OLED TVs are known for their fast response times and fast refresh rates, after
Singapore's Jungle Ventures raises $327 million for third Southeast Asia fund, Business Wires News,SINGAPORE/NEW YORK – Singapore's Jungle Ventures said on Wednesday it has raised $240 million (S$327 million) from investors, including Temasek Holdings, for a third fund designed to back Sou
