Temasek’s action reflects how major investors were caught off guard by FTX’s collapse and how they are now moving to distance themselves from the failed cryptocurrency exchange.
Cambodia wildlife official faces 145 years in jail for smuggling long-tailed macaques to US
Masphal Kry, his colleague and six workers linked to a Hong Kong-based firm were accused of exporting wild macaques to the US, falsely labelled as captive bred.
Saudi Arabia establishes its open banking framework
New legislation, regulatory guidelines and technical standards have been developed in Saudi Arabia as part of a new open banking framework.
India’s fact-checkers rue ‘unequal fight’ against torrents of misinformation as they face threats, prison time
India has the most certified fact-checking organisations in the world. But many feel outnumbered and outgunned in a country with hundreds of millions of internet users and a climate of growing religious intolerance, hate speech and declining press freedom.
Malaysia election 2022: A quick guide to what you need to know
Malaysia’s tumultuous political scene, coloured by corruption and politicking, is further complicated by racial policies, the rising cost of living, economic uncertainty and an election held during monsoon season.
Trust the bedrock for long-term construction collaboration
Employers and contractors that work closely with one another from the early stages of projects, and step away from traditional contracting models that encourage an adversarial relationship, are more likely to build lasting partnerships that offer the potential to address challenges around sustainable development, innovation, and supply chain resilience.
Singapore home sales hit 2.5-year low as cooling curbs begin to bite
Analysts had expected demand to wane because of the new borrowing restrictions, but say property buyers, sellers and developers ‘will adjust their expectations’ eventually.
Indonesia’s Jokowi tells G20 ‘it cannot fail’ as ‘another cold war’ looms in a world divided
Joko Widodo’s opening remarks to the G20 summit in Bali make it clear he wants it to succeed, but there’s more than just the Indonesian president’s legacy at stake amid sharpening geopolitical rivalries and global food and energy crises.
Thailand tweaks cannabis rules as lawmakers lash out at recreational use
Sales to students or through vending machines or electronic or online channels are now prohibited, as is commercial advertising. Licensed businesses must also report to the government the amount of ‘controlled herb’ they have in stock.
Bali’s tourism industry vies to ‘rise again from the collapse’ with G20 boost
More than 1.5 million foreign tourists have visited Indonesia’s tourist island so far this year, compared to only 51 in the whole of 2021. But that’s still a far cry from the 6.2 million foreigners Bali welcomed each year pre-pandemic.