Temasek among 18 firms and banks hit by US class action lawsuit for allegedly defrauding FTX customers
SINGAPORE: Singapore’s state investment firm Temasek, along with 17 other banks, venture capitalists and accounting firms, is being sued for allegedly conspiring with cryptocurrency exchange FTX to defraud investors. The 83-page class action lawsuit was filed in Miami, Florida on Wednesday (Feb 22) by Connor O’Keefe, an FTX customer whoseContinue Reading
Two activists leave hospital, continue hunger strike
Pro-democracy activists Tantawan “Tawan” Tuatulanon and Orawan “Bam” Phuphong left Thammasat University Hospital for the Supreme Court on Friday and insisted they will continue their hunger strike — now in its 38th day — until all their demands are met.Continue Reading
Snap Insight: With eye on state polls, Anwar’s budget focused on aid for those struggling
Although this is the biggest budget in Malaysia’s history, it is very much still a recovery budget from the pandemic damage, says James Chin.
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Singapore to acquire 8 more F-35B fighter jets, growing fleet to 12
The Singapore Armed Forces will also upgrade its training with virtual reality technology and a new digital range, as part of its 2040 vision.Continue Reading
Budget 2023 debate: Lawrence Wong, Pritam Singh spar over WP’s 2019 paper on housing policy
The Workers’ Party says the People’s Action Party has taken its housing paper out of context, while the PAP says the WP should acknowledge that its position was wrong. Continue Reading
Vietnam feels impact of Russia-Ukraine war in energy prices, defence industry
Vietnam’s state utility EVN says it could run out of cash by May unless it raises electricity prices.Continue Reading
Warrant sought for Benz Daemon’s brother
Police will seek an arrest warrant for a younger brother of “Benz Daemon”, a prime suspect in the macau888 online gambling network, after finding his alleged financial links to the case.Continue Reading
Japan Airlines flight forced to U-turn after missing airport curfew by minutes
The Japan Airlines fight had to return to Tokyo after being 10 minutes late to its destination.Continue Reading
Woman on trial for not wearing mask again claims video evidence from prosecution was tampered with
A Singapore Tourism Board (STB) investigating officer testified that Phoon had filed a police report against him, claiming that he had impersonated an STB officer. Continue Reading
How badly has COVID-19 affected some of China’s villages?
CNA visited villages in the Hebei province to find out the situation on the ground, after China abruptly relaxed its zero-COVID policy in early December last year.Continue Reading