Author: Admin

Under the mandate of the FIA president, Lee Lung-Nien has helped guide a remarkable financial turnaround at the motorsports governing body[SINGAPORE] Lee Lung-Nien – the first Singaporean in 50 years to be the Citibank country head for Singapore – was one of many corporate chiefs who attended the recently concluded Singapore Grand Prix, but he did so purely as a volunteer.Outside of his day job, he is the Asia Pacific (Apac) vice president for sport at the Federation Internationale de l’Automobile (FIA), the global motorsports governing body. The FIA oversees racing series such as Formula 1 (F1), Formula E and…

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Global Research Firm Identifies Use of Advanced AI and Analytics and Ability to Offer Retrospective and Prospective Reviews as Key Solution Attributes  BOSTON and PARIS, Oct. 8, 2025 /PRNewswire/ — Shift Technology, the leading AI platform for insurance,, today announced it has been named a “Top 10 High Potential Payment Integrity Specialist” by industry research firm Everest Group. In the report Reshaping Payment Integrity Solutions: Specialists Creating Buzz in the Market, Shift is recognized as one of 10 companies that are redefining the payment integrity landscape and that have the potential to disrupt the market with innovative and forward-looking solutions. According to…

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James Comey will appear in court for an arraignment Wednesday, after the Justice Department took the unprecedented step of criminally charging the former FBI director and Trump foe in late September.Comey was ordered to report to court in Northern Virginia at 10 a.m., almost two weeks after a grand jury in the same federal courthouse indicted him on charges of lying to Congress and obstructing a congressional investigation five years ago.Comey has said he’s innocent, saying in a video after he was indicted, “let’s have a trial.”What will happen at Comey’s arraignment?During the arraignment, U.S. District Judge Michael Nachmanoff will…

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Post-IPO, Soon Hock will have a share capital of 310.6 million shares, taking its market cap to an estimated S$180.1 million[SINGAPORE] Industrial property developer Soon Hock Enterprise has launched its initial public offering (IPO) of 21.6 million shares at S$0.58 each, in conjunction with its listing on the mainboard of the Singapore Exchange (SGX). The company registered its prospectus on Wednesday (Oct 8), and its shares are expected to start trading on Oct 16. The offering comprises an international placement tranche of 18.8 million shares and a public offering of 2.8 million shares in Singapore. Of the total, 16.6 million…

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Missouri’s Republican attorney general is trying to get the medical records of Planned Parenthood patients who’ve had abortions, officials who oversee clinics in Kansas City and St. Louis said in legal filings.The fight over the subpoenas is playing out in a lawsuit filed last year by Planned Parenthood Great Plains, the abortion provider’s affiliate for Kansas City, and Planned Parenthood Great Rivers, the affiliate for St. Louis. Planned Parenthood officials argue that the state’s restrictions violate an amendment to the Missouri Constitution narrowly approved by voters in November to protect abortion rights. The Missouri attorney general’s office issued subpoenas starting…

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Gold raced past $4,000 an ounce for the first time on Wednesday as investors piled into a historic rally in the safe haven asset to hedge against global economic and geopolitical uncertainties, while also betting on U.S. interest rate cuts. Spot gold was up 1.3 per cent at $4,034.59 per ounce by 0931 GMT. U.S. gold futures for December delivery gained 1.3 per cent to $4,056.80.Silver also latched on to gold’s rally, gaining 2.2 per cent to $48.85 per ounce, and just a little away from its all-time high of $49.51.Traditionally, gold is seen as a store of value during…

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[SINGAPORE] Gold surged into uncharted territory on Wednesday (Oct 8), opening above US$4,000 an ounce for the first time, in a year that has seen it consistently set new records.In the second quarter of 2025, gold investment in Singapore surged 37 per cent year on year, rising to 2.2 tonnes from 1.6 tonnes in the same period of 2024.The SPDR Gold Shares exchange-traded funds (ETF) saw S$309 million in net inflows from the start of 2025 to Jun 13, the highest among Singapore-listed ETFs.A storm of global economic uncertainty, a weakening US dollar and a pivotal shift by the US…

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This report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. You can subscribe here.The big storyForeign investors have struggled to decipher if China can deliver the kind of returns that once seemed assured, especially in the fickle world of consumer brands.That caution loomed large at the Milken Institute Asia Summit in Singapore last week: With a population of 1.4 billion, China’s potential consumer demand remains too vast to overlook — but increasingly difficult to read.Chinese households have tightened their belts, cutting back on nonessential spending and becoming,…

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