Posts by Nathan Pine
ECB reviews claims Deutsche Bank downplayed financial risks
It underplayed risks in its balance sheet and gave misleading picture of its financial health [BRUSSELS] The European Central Bank is examining claims that Deutsche Bank underplayed risks in its balance sheet and gave a misleading picture of its financial health, the Financial Times reported on Tuesday (Nov 25). The ECB is reviewing allegations made…
Read MoreSky History Acquires ‘Castles SOS,’ AI-Powered Doc Exploring Royalty, Ruins & Restoration
EXCLUSIVE: Sky History has sent out a Castles SOS. The UK channel has acquired a new AI-powered doc telling the royalty, ruins and restoration stories behind British castles. Will Hanrahan’s indie FirstLookTV is making the series for the Hearst Networks EMEA channel. It will be fronted by British presenter Rick Edwards and is now in…
Read MoreGen-Z Content Creators Head To UK Agency Insanity
EXCLUSIVE: Insanity, the talent agency that reps Maya Jama and Roman Kemp, is looking to the Gen-Z content creator space. The London agency has hired four talent managers, who have brought with them the likes of Suzie Bonaldi, Emily Blackwell, Meggan Grubb, Phoebe Beckett, Karina Marriot, Grace Booth and Romany Henry. Insanity has hired Rosie…
Read MoreXiaomi founder Lei Jun’s HK$100 million share purchase sparks stock rebound
[HONG KONG] Xiaomi founder Lei Jun’s purchase of about HK$100 million (S$16.8 million) worth of company stock may help bolster sentiment in the smartphone maker after shares tumbled more than 30 per cent from its July peak. The announcement, disclosed late on Monday (Nov 24), lifts Lei’s stake to 23.26 per cent, and sent shares…
Read MoreSri Trang Gloves’ production facilities in flood-hit areas in Thailand temporarily suspended
The dual-listed group says it is working to ensure that operations continue with minimal business impact [SINGAPORE] Sri Trang Gloves said on Tuesday (Nov 25) that its manufacturing facilities in flood-affected areas in Thailand’s southern trading hub Hat Yai have temporarily suspended production. The mainboard-listed company said flooding in the Hat Yai district of the…
Read MoreOCBC’s Lion Global Investors launches Singapore’s first insured physical gold fund
It seeks to track the performance of London Bullion Market Association Gold Price AM [SINGAPORE] OCBC’s Lion Global Investors announced on Tuesday (Nov 25) the launch of the first physical gold fund that is insured and securely vaulted in Singapore. The inception date of the Lion Global Singapore Physical Gold Fund is Dec 1, with a…
Read MoreThanksgiving Served Cold: CAA Shanked By Range With Countersuit In Poaching Dispute; “No Choice But To Fight Back”
EXCLUSIVE: “Range did not seek this fight,” insists an unceremonious pre-holiday counter-complaint against CAA filed tonight by the Pete Micelli founded company in LA Superior Court. “Nevertheless, CAA’s ongoing misconduct, California law, and basic fairness leave it no choice but to fight back.” Yes, Happy Thanksgiving to you too. A year and almost two months…
Read MoreCDL to sell Osaka hotel for 14 billion yen to Blackstone funds
The proposed divestment aligns with the real estate company’s capital recycling and portfolio optimisation efforts [SINGAPORE] City Developments Limited (CDL) is proposing to divest a hotel in Osaka, Japan, to real estate funds managed by Blackstone for 14 billion yen (around S$117 million). On Tuesday (Nov 25), CDL said that its wholly owned subsidiary M&C…
Read MorePhilippines mulls rate cut to spur demand after scandal hit
[MANILA] The Philippine central bank will consider another reduction in the benchmark interest rate next month to help spur demand, its top official said, after the economy was hit by an ongoing corruption scandal. “The demand is affected, just like investor sentiment,” Bangko Sentral ng Pilipinas (BSP) governor Eli Remolona said on Monday (Nov 24)…
Read MoreWeRide trims losses as China’s robotaxi race gains momentum
The company currently holds autonomous driving permits in eight countries, the most out of all robotaxi players in the region [HONG KONG] WeRide narrowed its third-quarter net loss on increased robotaxi orders, as it races for a slice of the growing global market for driverless cabs. The Chinese autonomous driving company posted a 307 million-yuan…
Read MoreDana Walden On The Importance Of Championing Original Voices As Disney Entertainment Co-Chair Honored At International Emmys
Dana Walden, Co-Chairman, Disney Entertainment, recalled the early days of Glee, the Ryan Murphy musical comedy-drama series that had a tough initial reception but taught her some key lessons. “First, through Ryan’s eyes, I got to understand how harsh criticism feels to a creator, particularly if the story is personal,” she said as she accepted…
Read More‘Brilliant Minds’ Showrunner On How Eric Dane’s Guest Star Role As A Patient With ALS Anchors A Thanksgiving Episode About Leaning On Your Village: “You Can’t Do It Alone”
SPOILER ALERT! This post contains details from Monday night’s episode of NBC‘s Brilliant Minds. Eric Dane made a guest appearance on NBC’s Brilliant Minds for a heartfelt and personal episode in which he plays a firefighter grappling with an amyotrophic lateral sclerosis (ALS) diagnosis. The Thanksgiving episode of the medical drama comes about four months…
Read More