Wilmar China unit convicted of fraud; to appeal against judgement

Wilmar China unit convicted of fraud; to appeal against judgement

[SINGAPORE] A subsidiary of Wilmar International has been found guilty of contract fraud by a Chinese court and ordered to jointly bear losses amounting to 1.88 billion yuan (S$345.6 million). The unit was sued by the public prosecutor in January 2024 as an “accomplice” in contract fraud related to palm oil trades between state-owned enterprise…

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CDL divests US$143.5 million residential asset in larger Silicon Valley area to US institutional investor

CDL divests US3.5 million residential asset in larger Silicon Valley area to US institutional investor

Part of the group’s capital recycling and portfolio management, the sale allows it to lower gearing and redeploy capital [SINGAPORE] City Developments Limited on Thursday (Nov 20) said that its wholly owned subsidiary Millenium & Copthorne Hotels has divested a multifamily residential asset in the US for US$143.5 million to a US-based institutional investor. The…

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‘Moana’ Trailer Sails To 182M Views In First Day, 2nd Best For A Disney Live-Action Movie Behind ‘The Lion King’

‘Moana’ Trailer Sails To 182M Views In First Day, 2nd Best For A Disney Live-Action Movie Behind ‘The Lion King’

EXCLUSIVE: The Moana live action trailer we understand has earned 182 million views in its first 24 hours. Now Disney has been dropping a lot of 2026 trailers as of late, so here’s how that ranking shakes out. For a Disney live-action movie trailer (non-20th Century Studios), that’s the second most viewed trailer for the…

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Trump considering executive order to preempt state AI laws

Trump considering executive order to preempt state AI laws

US PRESIDENT Donald Trump is considering an executive order that would seek to preempt state laws on artificial intelligence through lawsuits and by withholding federal funding, according to a draft of the order seen by Reuters on Wednesday. The move, which is likely to face pushback from states, shows how far Trump is willing to…

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Sexual Battery Claims Against Vin Diesel Dismissed Due To Geography; Appeal Planned By ‘Fast & Furious’ Star’s Ex-Assistant

Sexual Battery Claims Against Vin Diesel Dismissed Due To Geography; Appeal Planned By ‘Fast & Furious’ Star’s Ex-Assistant

Despite a Los Angeles judge today dismissing the final claims in the two-year-old sexual battery and retaliation against Vin Diesel from a former assistant to the Fast & Furious star, this may not be the finish line in the matter. “The Court did not decide anything about the truth of Ms. Asta Jonasson’s allegations,” attorney Matthew…

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Geely-linked car electronics maker eager to shed Chinese roots

Geely-linked car electronics maker eager to shed Chinese roots

Ecarx is in advanced discussions to combine with another Nasdaq-listed automotive-sensor company [HONG KONG] Ecarx Holdings, the Nasdaq-listed automotive electronics firm controlled by the founder of major Chinese automaker Geely, is aiming to distance itself from its the world’s second-largest economy as escalating Sino-American tensions hamper the company’s expansion in the US. The firm, co-founded…

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Kumail Nanjiani & Emily V. Gordon Set Comedy ‘Compulsive Liar’ At Amazon MGM Studios

Kumail Nanjiani & Emily V. Gordon Set Comedy ‘Compulsive Liar’ At Amazon MGM Studios

EXCLUSIVE: Amazon MGM Studios has landed Compulsive Liar, a comedy package from Academy Award-nominated The Big Sick writers Emily V. Gordon and Kumail Nanjiani. The Ghostbusters: Frozen Empire and Eternals star is attached to headline with 21 Laps and Gaumont producing. While details for Compulsive Liar are being kept under wraps, we understand the project is…

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Shipping giants race to speed up China-Peru trade with new route

Shipping giants race to speed up China-Peru trade with new route

The ports of Callao and Chancay are only about 50 miles apart, or a few hours by truck, and both are close to Lima. [LIMA] Competition to accelerate maritime trade between China and Peru is heating up after a sprawling Chinese-owned port opened along the country’s Pacific coast. MSC Mediterranean Shipping is launching a weekly…

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After Donald Trump’s Attack On Correspondent Mary Bruce, White House Goes After ABC Again With “Fake News” Press Release

After Donald Trump’s Attack On Correspondent Mary Bruce, White House Goes After ABC Again With “Fake News” Press Release

A day after President Donald Trump blew up at ABC News correspondent Mary Bruce and called for the network to lose its broadcast license, the White House amped up its attacks, sending out a press release on claiming that the network is “a Democrat spin operation masquerading as a broadcast network.” The release runs through…

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