SingPost’s 2024 fraud incident allegedly involved e-commerce shipments bound for Canada

SingPost’s 2024 fraud incident allegedly involved e-commerce shipments bound for Canada

[SINGAPORE] More details have emerged about Singapore Post’s (SingPost) parcel delivery fraud incident that came to light in 2024. The Business Times understands the major client involved was Cainiao, the logistics subsidiary of Alibaba. The fraud involved the transhipment of parcels from China to Canada through Hong Kong handled by former SingPost subsidiary Quantium Solutions…

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Shein’s global ambitions survive French store uproar

Shein’s global ambitions survive French store uproar

The e-commerce giant, whose model of high-volume, ultra-cheap fashion has upended traditional retailing, looks like it’s in France to stay [PARIS] Shein’s choice of Paris for its first physical store set off a furor among French retailers and politicians fretting over the potential damage to local businesses from the fast-fashion retailer. Yet almost two months…

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AI, liquidity to drive Asia markets in 2026 amid US fiscal risks: Schroders

AI, liquidity to drive Asia markets in 2026 amid US fiscal risks: Schroders

The technology sector remains the cornerstone of Schroders’ bullish thesis for the region [SINGAPORE] In 2025, US fiscal and geopolitical headwinds prompted investors to redeploy capital towards the East. Petr Kocourek, fund manager for Asia Multi-Asset at Schroders, noted that the initial shift into Asia during 2025 was partly a reaction to risks associated with…

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