Business

Philippines , May 21, 2025 The vibrant tech startup scene in the Philippines is facing growing pains as many companies struggle with high capital burn...

Walt Disney Company shuts down all eleven theme parks across global locations, including Walt Disney World, Disneyland, and Disneyland Paris. Disney Cruise Line also suspends new departures through the end of March as a precautionary measure against the spreading coronavirus pandemic.

In a decisive move, the Malaysian High Court has rejected KNM Group Berhad's bid for a restructuring lifeline, spotlighting a series of legal violations and the scheme's lack of viability.

Telecommunications giants Axiata Group and Telenor Asia have completed a landmark merger of their Malaysian wireless operations, creating a new tech leader. The combined entity, MergeCo, promises significant synergies, with pre-tax profits of 5.7 billion ringgit and strong financial prospects. Both parent companies will hold equal 33.1% stakes in the newly formed company.

Uber co-founder Travis Kalanick announced his resignation from the company's board by December 31, citing a desire to focus on new business and philanthropic endeavors. After selling most of his shares in November, Kalanick reflects on his 10-year journey with the world's largest ride-hailing platform.

Shannon Lee, representing Bruce Lee Enterprises, has filed a lawsuit against Real Kungfu in a Shanghai court. She demands the chain stop using her father's image and seeks 210 million yuan (US$30 million) in compensation for 15 years of unauthorized use of the martial arts legend's likeness.

Indonesia , Oct 04, 2023 Indonesia has officially banned TikTok Shop, citing concerns over unfair trade practices, data protection, and competition with local platforms. The...

Brunei , June 26, 2024 Recent financial disclosures suggest that Brunei’s sovereign wealth fund has suffered unexpected losses, raising questions about transparency and the long-term...

South Korean exports of teleconferencing equipment and semiconductors have significantly increased as employees worldwide transition to working from home during the pandemic, driven by rising demand from cloud computing firms and remote work trends in the US and China.

In a shocking development shaking Malaysia's financial core, YNH Property Berhad faces a scandal threatening its Sukuk's stability, with collateral seized and millions at risk. Explore the depth of this financial crisis, its impact on stakeholders, and the looming question of insurance coverage amidst fraudulent asset revelations.