Eight Singapore-based companies have been blacklisted and barred from conducting business due to their links to two fugitives who allegedly played central roles in a US$2.3 billion money laundering case.
An anti-money laundering authority in Thailand has seized and frozen assets linked to the cybercrime network of scam tycoon Chen Zhi and another Cambodian individual, totaling THB840 million (US$26 million).
Genting, a conglomerate controlled by Malaysian billionaire Lim Kok Thay, is allocating US$5.5 billion to expand its New York casino resort after securing a gaming license.
Bullion retailer Emirates Gold has launched the first gold ATM in the United Arab Emirates, allowing customers to withdraw and trade physical gold 24/7.
Real income in Singapore grew 4.3% this year, higher than last year’s 3.2%, indicating a steady labor market despite increasing external uncertainties.
American singer Mariah Carey receives up to $3 million annually in royalties from “All I Want for Christmas Is You,” which has generated $100 million since its release, analysts estimate.
China Taiping Insurance, the insurer of a Hong Kong apartment complex where fire killed at least 94 people, is facing a payout of HKD2.6 billion (US$334 million).
The Singapore Police Force has ordered Apple and Google to adopt measures preventing government impersonation scam messages on iMessage and Google Messages.