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assets

South Korean tycoon Chey Tae-won ordered to pay estranged wife US$1 billion after divorce battle

by Walter Watson
South Korean tycoon Chey Tae-won ordered to pay estranged wife US billion after divorce battle

A South Korean court ruled on Thursday that SK Group Chairman Chey Tae-won must pay 1.38 trillion won (US$1 billion) in property division in a divorce case against his estranged …

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What HKMA’s second experiment with retail e-HKD means for Hong Kong residents

by Anas Siddiqui
What HKMA’s second experiment with retail e-HKD means for Hong Kong residents

Traditionally, consumers turn to banks to help fund home purchases, at interest rates based on the amount and length of borrowing. But with the e-HKD, Hong Kong residents could potentially …

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Odisha: 13 ‘crorepatis’ in fray for five Lok Sabha seats in fifth phase

by Ron Morgan
Odisha: 13 ‘crorepatis’ in fray for five Lok Sabha seats in fifth phase

A total of 13 of the 40 candidates in fray for the five Lok Sabha seats in Odisha that are going to polls in the fifth phase on May 20 …

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Oil giant Shell sells Singapore refinery it built on Bukom island over 60 years ago

by Walter Watson
Oil giant Shell sells Singapore refinery it built on Bukom island over 60 years ago

Subject to regulatory approval, the transaction is expected to complete by the end of 2024, Shell added. CAPGC is majority-owned and operated by Chandra Asri Group and minority-owned by Swiss …

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Thai helper’s bid to access US$2.7 million of assets inherited from French employer hits legal bump

by Walter Watson
Thai helper’s bid to access US.7 million of assets inherited from French employer hits legal bump

A Thai domestic helper’s bid to access 100 million baht (US$2.7 million) worth of assets she inherited from her French employer who was found dead at her villa has hit …

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2 Chinese men convicted in Singapore’s largest money laundering case deported to Cambodia

by Walter Watson
2 Chinese men convicted in Singapore’s largest money laundering case deported to Cambodia

Two men convicted in Singapore’s largest money laundering case were deported to Cambodia on Monday. Su Wenqiang and Wang Baosen, both 32, are barred from re-entering Singapore, an Immigration and …

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Kinto CEO Ramon Recuero on the impact of real-world assets

by Isaac Wright
Kinto CEO Ramon Recuero on the impact of real-world assets

In a recent interview, Kinto co-founder and CEO Ramon Recuero shared insights on various aspects surrounding real-world assets, shedding light on potential impacts. In the realm of institutional investments, the …

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Nearly 3,000% increase in BJP MP Tejasvi Surya’s assets in 5 years, but no car, property or loan

by Vera Ward
Nearly 3,000% increase in BJP MP Tejasvi Surya’s assets in 5 years, but no car, property or loan

Bengaluru: Bharatiya Janata Party (BJP) MP Tejasvi Surya’s assets grew by around 3,000 percent or nearly 30-fold in the last five years from nearly Rs 14 lakh in 2019 to nearly …

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Singapore jails second man in US$2.2 billion money laundering case

by Walter Watson
Singapore jails second man in US.2 billion money laundering case

A Singapore court on Thursday jailed a second defendant in its biggest-ever money laundering probe, local news outlet The Straits Times reported, a case that has seen the seizure or …

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Donald Trump’s property could be seized if he can’t pay US$454 million civil fraud debt, New York’s Letitia James says

by Walter Watson
Donald Trump’s property could be seized if he can’t pay US4 million civil fraud debt, New York’s Letitia James says

Trump claimed last year that he has about US$400 million in cash – reserves that would get eaten up by his court penalties. The rest of his net worth, which …

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