Posts by Nathan Pine
Singapore remains bright spot for Airwallex as revenue doubles in 2025: Airwallex APAC GM
This is the second year the payments company has experienced a doubling of revenue growth in this market [SINGAPORE] Airwallex still sees Singapore as a bright spot in its Asia Pacific market, as revenue more than doubled, rising 107 per cent in 2025. This is the second year the payments company has experienced a doubling…
Read MoreOil price surges after Iran names leader and launches more strikes
Oil prices skyrocketed past $100 a barrel on Monday, rocking global markets and sparking inflation fears as Iran launched a fresh wave of strikes after naming its new supreme leader. In early Monday trading, Tokyo’s benchmark Nikkei 225 index plunged as much as 7% after the price of oil passed the benchmark for the first…
Read MoreTesla billionaire buys more Nvidia to ‘calm the nervous market’
Published Mon, Mar 9, 2026 · 04:00 PM [KUALA LUMPUR] Billionaire Leo Koguan doubled his stake in Nvidia to two million shares, boosting his investment in the chipmaker at a time when the war in the Middle East has sparked a global sell-off of everything from bonds to equities. “As promised, I bought additional one…
Read MoreUI Boustead Reit: A new entrant in Singapore’s industrial Reit space
[SINGAPORE] UI Boustead Reit is expected to commence trading on the SGX mainboard on Mar 12. The Reit has a mandate to invest in logistics, general industrial, hi‑specs industrial and business space properties across the Asia-Pacific region. The initial public offering (IPO) portfolio comprises 23 properties, of which 21 are leasehold assets located in Singapore…
Read MoreQueues, price hikes and shortages as Asia battles fuel crunch
Disarray has been spreading after just days of war, and for many, the risks are rising [MUMBAI] From Thai farmers racing for diesel to Indian refinery executives monitoring the Persian Gulf through the night, energy buyers across import-dependent Asia are feeling the impact of a dramatic crunch. US and Israeli attacks on Iran have triggered…
Read MoreFormer NFL All-Pro accepts Logan Paul’s $1 million fight challenge
In the past week, Logan Paul responded to Tom Brady’s fierce trash talk, calling out the entirety of the NFL in search of someone to fight him. It occurred amid the ongoing feud between the two athletes, as they promote an upcoming flag football game they’ll participate in in Riyadh, Saudi Arabia. During his rant,…
Read MoreSingapore’s Aster declares force majeure on disruption in supply of raw materials
Published Fri, Mar 6, 2026 · 04:05 PM [SINGAPORE] Singapore refiner and petrochemical major Aster Chemicals and Energy has declared force majeure regarding supplies, citing a disruption in raw materials because of the Middle East conflict, a company spokesperson said on Friday (Mar 6). “This step is administrative in nature and follows a comprehensive assessment…
Read MoreMAS expands environmental risk management guidelines
[SINGAPORE] The Monetary Authority of Singapore (MAS) on Thursday (Mar 5) issued three new guidelines on environmental risk management and transition planning for financial institutions (FIs), which includes banks, insurers and asset managers. The new guidelines outline MAS’ supervisory expectations for these three categories of FIs, in terms of how they manage the climate change-related…
Read More‘Mr Lufthansa’ taps crisis playbook to tackle costs, union battles
Carsten Spohr is focused on efficiencies, centralising management of the group’s 12 airlines and betting on more long-haul flights in the year ahead Published Wed, Mar 4, 2026 · 03:41 PM [FRANKFURT] At Lufthansa’s base overlooking Frankfurt’s bustling international airport, chief executive Carsten Spohr has his eye firmly on his sprawling airline empire as giant…
Read MoreFlorida man accused of taco seasoning ploy to steal $40K in Target cards
A Florida man has been arrested after authorities say he orchestrated a months‑long retail theft operation that relied on 99‑cent taco seasoning packets to disguise the theft of high‑value trading cards worth $40,000 from Target stores across multiple counties. Keith Wallis, 39, of Palm Beach, now faces felony charges including organized retail theft, dealing in…
Read MoreJapan in talks with India to explore for rare earths, sources say
Published Tue, Mar 3, 2026 · 03:44 PM [NEW DELHI] Japan is in talks with India to jointly explore rare earth deposits in the desert state of Rajasthan, two people familiar with the discussions said, as Tokyo seeks to reduce reliance on China for supplies critical to magnet manufacturing. Last month, India’s Mines Minister G…
Read MoreShip insurers cancel war risk cover due to Iran conflict
Several tanker owners, oil majors and trading houses have since suspended shipments through the narrow waterway Published Mon, Mar 2, 2026 · 02:10 PM [SINGAPORE] Several marine insurers said that they are cancelling war risk cover for ships due to the conflict in Iran and the Gulf. Insurers, including Gard, Skuld, NorthStandard, the London P&I…
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