Israeli citizen Ilit Raz pleaded guilty to securities fraud charges in the US after admitting she defrauded investors of around $27 million by misleading them about the core aspects of her startup, Joonko Diversity, Inc., according to the US Attorney for the Southern District of New York. Raz, who founded the AI-driven recruitment firm and … Read more
Southeast Asia foreign direct investment climbed to nearly US$250 billion, according to DBS Group Research Senior Economist Radhika Rao, as changing global supply chains and manufacturing expansions position the region as one of the fastest-growing destinations for capital inflows. Southeast Asia Investment Surge Outpaces Traditional Hubs Foreign direct investment into Southeast Asia rose from approximately … Read more
A social media post featuring a star-spangled map that labels much of North America, Greenland, Iceland, and parts of the Caribbean as the “United States of America” has drawn swift diplomatic condemnation across Europe. According to the Associated Press, the image posted by the U.S. president over the holiday weekend sparked immediate backlash from foreign … Read more
Archaeologists surveying the Durupınar Formation in eastern Türkiye have found ground-penetrating radar anomalies and carbon-rich soil samples that researchers claim match biblical descriptions of Noah’s Ark. According to Professor Cenker Atila of Sivas Cumhuriyet University, an international team of 20 researchers began surveying the site on June 28 and expects to publish definitive results within … Read more
Indonesian palm oil firm Eagle High Plantations, traded under the ticker BWPT, has formally responded to a cross-border investment dispute involving the Malaysian government agency Federal Land Development Authority, commonly known as Felda. According to corporate disclosures, the case surfaced after Malaysian Prime Minister Anwar Ibrahim penned a letter to Indonesian President Prabowo Subianto concerning … Read more
European Commission President Ursula von der Leyen is crafting her upcoming policy address around the escalating economic costs of climate change, the integration of artificial intelligence into the labor market, and border security challenges, according to officials briefed on closed-door cabinet talks. Climate Targets Meet Economic Pressures During Friday’s discussions with cabinet chiefs, Seibert linked … Read more
An unencrypted master copy of the unreleased Nicolas Cage thriller Fortitude was stolen from a desk at Netflix’s Hollywood headquarters after being hand-delivered for a studio screening, according to a federal lawsuit filed in California’s Central District. Producer Simon Afram is suing the streaming giant for $105 million for breach of contract, alleging that Netflix … Read more
Economic engagement between Australia and Malaysia is accelerating under Australia’s Invested: Australia’s South-East Asia Economic Strategy to 2040, which identifies Malaysia as a priority market across agriculture and food, resources and energy transition, education and skills, and the digital economy. Bilateral trade reached almost A$35bil (RM99.89bil) in 2025, making Malaysia Australia’s ninth-largest two-way trading partner … Read more
Singapore has secured a position among the world’s top five financial hubs, rising from ninth place in 2015 to overtake major centers including Luxembourg and China. According to London-based think tank New Financial, the city-state’s success is driven by a steady influx of foreign bank assets and a surge in direct investment, with assets under … Read more
Buying a home is not an automatic path to wealth, as the true value of property depends on net returns after accounting for costs, interest, maintenance, rates and taxes, insurance, and the opportunity cost of tying up your money, according to Bryan Nicol, a certified financial planner professional at Doshguide. While property remains a popular … Read more