Bloomberg

Former tycoon Lim Oon Kuin has been declared bankrupt in Singapore, following the collapse of his oil trading empire. The name of the founder of Hin Leong Trading Pte. and his children Lim Huey Ching and Lim Chee Meng were […]

Bangladesh authorities are investigating Singaporean billionaire Saiful Alam Masud for alleged financial crimes, including money laundering, The Straits Times reported on Wednesday. He denied wrongdoing. Lawyers representing the 64-year-old tycoon, who was born in Bangladesh, stated that allegations of money

Although Canada faces a major trade war with the US as soon as president-elect Donald Trump enters office in less than a month, Justin Trudeau has been distracted by a leadership crisis that could topple him as prime minister. The

One of China’s leading developers is now on authorities’ radar for default risk. A major Hong Kong builder is asking lenders to extend loans. Another industry peer is selling an iconic but largely empty mall in Beijing. As China’s property

Israeli officials say a ceasefire in Gaza is a more realistic prospect than at any time in the past year, suggesting a long-awaited deal to free hostages and boost aid to the beleaguered territory could be close. A working group

Shares of European luxury goods companies are rebounding after a bad year, as investors hope stimulus measures in China will support the economy and spur consumption. Optimism seems to be returning following Beijing’s recent efforts to support the economy, which

South Korea’s central bank vowed to stabilise financial markets and highlighted the importance of “uninterrupted implementation” of key fiscal and economic measures, in its first statement since lawmakers voted to impeach President Yoon Suk-yeol. “The Bank of Korea intends to

Brothers Oren and Tal Alexander vaulted to the top echelons of ultra-luxury real estate in 2019 with the sale of a US$238 million Manhattan penthouse – the most expensive deal for a home in US history. But as the brokers

TikTok is offering users hundreds of dollars to spend time in the app, invite friends to join and purchase products on TikTok Shop, in an effort to expand the business as quickly as possible ahead of its possible ban in

US lawmakers are moving to prohibit the Pentagon from doing business with companies that sell computer chips and services to Huawei Technologies under defence legislation that could put further pressure on suppliers to the Chinese tech champion. The bipartisan National