DFI Retail to bag US$340 million, Starbucks business in Asia in deal with Maxim’s Caterers

DFI Retail to bag US0 million, Starbucks business in Asia in deal with Maxim’s Caterers

Cash proceeds will go to acquisitions; excess capital will be returned to shareholders [SINGAPORE] DFI Retail Group announced that it has entered into a conditional sale and purchase agreement with Maxim’s Caterers for its Starbucks-licensed business on Wednesday (Sep 30). As part of the agreement, DFI will assume all of Maxim’s existing interests in the…

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CapitaLand India Trust appoints new non-executive independent director

CapitaLand India Trust appoints new non-executive independent director

The board now comprises nine directors, seven of whom are non-executive independent [SINGAPORE] The manager of CapitaLand India Trust (Clint) on Wednesday (Sep 30) said it has appointed Pallavi Gopinath Aney as a non-executive independent director. Aney is a partner at international law firm Allen Overy Shearman Sterling, and was previously a partner at Baker…

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US Fund accuses trader Radiant World of fraud in Swiss complaint

US Fund accuses trader Radiant World of fraud in Swiss complaint

Published Wed, Sep 30, 2026 · 06:32 PM [NEW YORK] A US fund has filed a criminal complaint in Switzerland accusing Radiant World and related companies of fraud and money laundering, according to a US court filing, adding a new jurisdiction to the iron ore trader’s escalating legal and financial crisis. The complaint was described…

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Bee Cheng Hiang customers’ e-mail addresses exposed in Singapore’s first case of AI-related data breach

Bee Cheng Hiang customers’ e-mail addresses exposed in Singapore’s first case of AI-related data breach

There is no evidence of further misuse, says the Personal Data Protection Commission [SINGAPORE] More than 95,000 of Bee Cheng Hiang’s customers had their e-mail addresses exposed in April after an employee used a bad prompt in an artificial intelligence tool, in Singapore’s first reported case of an AI-related data breach. The bad prompt generated…

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‘Jerry Maguire,’ ‘Stuart Little’ child star Jonathan Lipnicki is unrecognizable in dark new role

‘Jerry Maguire,’ ‘Stuart Little’ child star Jonathan Lipnicki is unrecognizable in dark new role

“Jerry Maguire” and “Stuart Little” star Jonathan Lipnicki is nearly unrecognizable as he takes on a far darker role in his latest film. The former child star, 35, appears in “Primetime,” a psychological crime thriller about the making of NBC’s “To Catch a Predator,” the reality series that confronted men accused of trying to meet…

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Nasdaq-listed SEI opens Singapore office to grow Asian private-market business

Nasdaq-listed SEI opens Singapore office to grow Asian private-market business

The fintech provider’s launch comes amid strong growth in the asset management industry here When SEI’s largest client, a top-five global alternative asset manager, said that a Singapore office would support its business in Asia, SEI took note. Eighteen months later, the Nasdaq-listed financial technology services provider opened its first Singapore office in IOI Central…

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China’s AI agents can lie and scheme – just like their US rivals

China’s AI agents can lie and scheme – just like their US rivals

Chinese-powered AI agents have learned to deceive, circumvent restrictions and conceal failure, showing the kind of traits in autonomous artificial intelligence that have raised global alarm about US models, research documents and experts say. In one case this year, agents powered by models from China’s Alibaba, DeepSeek and Moonshot lied about their capabilities in a bid to…

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Apple will sell 6 million iPhone Duos in 2026, Counterpoint says

Apple will sell 6 million iPhone Duos in 2026, Counterpoint says

Published Wed, Sep 30, 2026 · 04:12 PM [CUPERTINO, California] Apple is set to sell about 6 million units of the iPhone Duo this year, Counterpoint Research said, offering the first estimate for how the company’s inaugural foldable device will fare. The figure, more typical of the niche foldable segment than Apple’s usual smartphone sales,…

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