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Brunei Wealth Fund’s Quiet Losses Raise Transparency Questions

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 jump as employees worldwide work from home

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.

Malaysian High Court Halts KNM Group’s Restructuring, Citing Legal Breaches and...

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.

Disney’s CEO steps down, company insider to assume top post

Walt Disney Co. announced Bob Iger's departure from the CEO role, with 27-year veteran Bob Chapek taking the helm. Iger will continue as executive chairman, overseeing creative efforts until December 2021. During his tenure, Iger transformed Disney by acquiring Star Wars, Marvel, and 21st Century Fox, and launching a streaming service to compete with Netflix.

TikTok Shop Ban in Indonesia Spurs E-commerce Rethink

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

Uber co-founder Travis Kalanick to resign from ride-hailing giant board

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.

Kobe Bryant merchandise sells out after tragic death

Following Kobe Bryant's sudden death, fans worldwide rushed to purchase memorabilia, causing Lakers jerseys, Nike shoes, and commemorative items to sell out rapidly. Nike confirmed complete sellout of Bryant's merchandise, redirecting website visitors to a memorial statement about the tragic helicopter crash.

Philippines’ Startup Scene Struggles With High Burn Rates

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

Crisis Unfolds: YNH Property’s Sukuk at Risk as Collateral Seized –...

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.

Fast-food chain sued by Bruce Lee’s daughter for copyright infringement

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.

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