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Singapore developers feel the heat as Chinas property woes continue
Posted onSingapore’s developers are taking hits as China’s property downturn drags into another year, with declining rents, emptier buildings and falling values weighing on their results. But analysts say Beijing’s huge market and recent policy support mean most investors are unlikely to pull back entirely, instead becoming far more selective about where they invest. Recent earnings…
US pressure a challenge in CK Hutchisons arbitration against Panama: experts
Posted onPressure from the United States remains a major challenge in CK Hutchison Holdings’ arbitration against Panama and it may take years to resolve the dispute, legal and political experts have said of the continuing controversy over the Hong Kong conglomorate’s ports. The company, led by billionaire Li Ka-shing’s family, said on Wednesday that its subsidiary,…
Malaysia police press murder charges after 6 skeletons found in burnt house
Posted onTwo men are set to be charged with murder in Malaysia following the discovery of the charred skeletal remains of six people – including three young children – in a remote, abandoned house in Johor state. Johor police chief Ab Rahaman Arsad confirmed on Tuesday that the grisly findings were made on January 9 in…
Who is Ryan Wedding? Ex-Olympian accused of running global drug empire arrested
Posted onRyan Wedding, a former Olympic snowboarder for Canada who was among the FBI’s top fugitives and faces charges related to multinational drug trafficking and the killing of a federal witness, was arrested on Friday, two people familiar with the matter told Associated Press. Wedding, 44, is accused of running a drug trafficking operation and officials…
Give pupils, parents say on cancelling Christmas parties, Hong Kong schools told
Posted onHong Kong education authorities have urged schools to seek a consensus with pupils and parents on whether to cancel Christmas celebrations following the Tai Po inferno, with some students expressing disappointment on social media about parties being called off. The Education Bureau’s clarification on Thursday followed a letter it sent last week asking schools to…
Hamas releases second video of Israeli-German hostage in Gaza
Posted onHamas’ armed wing released a video on Monday showing an Israeli-German hostage alive, the second such footage of him shared by the militants this month. The Israeli campaign group Hostages and Missing Families Forum identified the captive as Alon Ohel, who was abducted by Palestinian militants during their October 7, 2023 attack on Israel. The…
