Technology
GM sees US$5 billion hit to restructure troubled China business
GENERAL Motors will incur more than US$5 billion in charges and writedowns tied to its troubled operations in China as the automaker tries to salvage its once-profitable business in...
Donald Trump Considers Replacing Scandal-Plagued Pete Hegseth with Former Rival Ron DeSantis as Defense Secretary
President-elect Donald Trump is reportedly seriously contemplating replacing Pete Hegseth, his controversial pick for leading the Pentagon, with friend-turned-former 2024 rival Florida Governor Ron DeSantis, according to sources cited...
ESR buyout group said close to making US$7 billion binding bid
A consortium seeking to buy out Hong Kong-listed ESR Group is nearing a HK$13 (S$2.24)-a-share binding offer for the logistics real estate firm, people familiar with the matter said,...
Court Upholds Death Penalty for Female Tycoon Truong My Lan in Shocking $27 Billion Fraud Scandal
A Vietnamese court has upheld the death sentence for property tycoon Truong My Lan in connection with a massive fraud that defrauded the Saigon Commercial Bank (SCB) of $27...
Trump Threatens Hamas with ‘All Hell to Pay’ Over Hostage Crisis Before Inauguration
In a direct and urgent message, U.S. President-elect Donald Trump has warned Hamas that if they fail to release the hostages before he takes office, "all hell will break...
Trump’s Potential Pardon of Marine Veteran Daniel Penny in Spotlight After Biden Grants Clemency to Hunter Biden
The trial of Daniel Penny, a 26-year-old Marine veteran, will continue on Tuesday with closing arguments. Penny is accused of choking 30-year-old Jordan Neely to death on a subway...
Singapore, Hong Kong to make up half of StanChart’s affluent business in ‘ambitious’ expansion plans
Bank is targeting US$200 billion in new assets and double-digit income growth in its wealth business over the next five yearsSINGAPORE and Hong Kong will continue to make up...
Female Ohio Prison Employee Who Engaged in Sexual Acts with Inmate, Manipulated Security Measures to Avoid Getting Caught, Sentenced
Amber N. Kaufman, a 33-year-old woman from Orient, Ohio, has been found guilty of sexual battery and sentenced to 18 months in prison.Kaufman, a former employee of Aramark, was...
