Record-breaking 3.13M passengers screened at airports on Sunday after Thanksgiving

Record-breaking 3.13M passengers screened at airports on Sunday after Thanksgiving

A record-shattering 3.13 million passengers were screened by the Transportation Security Administration across US airports on Sunday, according to the agency. “Yesterday, TSA screened about 3,133,924 individuals, the highest number ever in TSA’s history, bringing our Top 10 busiest days all above 3M,” the TSA announced Monday on X. The number surpassed a previous record…

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OCBC’s shares hit record as wealth unit shines

OCBC’s shares hit record as wealth unit shines

OCBC shares gained as much as 0.6%, above the previous high from more than two weeks ago [SINGAPORE] OCBC shares hit a fresh record on Tuesday (Dec 2) as the wealth-management business outperforms, according to analysts. OCBC shares gained as much as 0.6 per cent, above the previous high from more than two weeks ago.…

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Crypto’s retail traders hit hard as Strategy ETFs plunge 80%

Crypto’s retail traders hit hard as Strategy ETFs plunge 80%

[NEW YORK] Retail investors who piled into Michael Saylor’s grand Bitcoin experiment are paying a heavy price. Strategy, the company once hailed for wrapping crypto exposure into a public stock, is scrambling to calm markets after its shares plunged more than 60 per cent from recent highs, amid a sweeping digital-currency rout. On Monday (Dec…

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Indonesia assigns US$1 billion to Brics-led New Development Bank

Indonesia assigns US billion to Brics-led New Development Bank

[JAKARTA] Indonesia will assign US$1 billion to the Brics-led New Development Bank, further boosting ties with the group of developing nations. The country expects its contribution to help fund sustainable development projects, Coordinating Economic Ministry spokesperson Haryo Limanseto said in Jakarta on Tuesday (Dec 2). South-east Asia’s largest economy formally joined the bloc earlier this…

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Asian markets rise as US rate cut bets temper Japan bond unease

Asian markets rise as US rate cut bets temper Japan bond unease

[HONG KONG] Stocks rose on Tuesday (Dec 2) following the previous day’s stutter as more weak US data helped solidify US interest rate cut optimism and tempered nervousness over rising Japanese bond yields. Expectations the US Federal Reserve will lower borrowing costs has provided a boon to markets in the past few weeks and saw…

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Exclusive | New York socialite snags South Florida mansion for $21 million

Exclusive | New York socialite snags South Florida mansion for  million

New York socialite and author Jean Shafiroff and her husband, investment adviser Martin Shafiroff, have bought a stunning, modern, waterfront gated home in Manalapan, Fla. — the exclusive billionaires’ enclave between Delray and Palm Beach — for around $21 million in an off-market sale, Gimme Shelter can reveal. Inside the Manalapan mansion. Courtesy of Living…

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Intel to invest additional RM860 million in Malaysia, PM says

Intel to invest additional RM860 million in Malaysia, PM says

[KUALA LUMPUR] Malaysian Prime Minister Anwar Ibrahim said US chipmaker Intel has announced an additional investment of RM860 million (S$208 million) in the country for assembly and testing operations. Anwar said in a social media post on Monday that the announcement followed a meeting between himself and Intel CEO Tan Lip-Bu. In 2021, Intel announced…

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Samsung debuts its first trifold months ahead of folding iPhone

Samsung debuts its first trifold months ahead of folding iPhone

Samsung is initially launching it in South Korea on Dec 12 with a price of 3.6 million won [NEW YORK] Samsung Electronics unveiled its first so-called trifold smartphone, flaunting its engineering prowess in foldable devices even as the broader category has yet to catch on with mainstream consumers. The handset, called the Galaxy Z TriFold,…

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Exclusive | Next Model Management co-founder Faith Kates ‘retires’ after Jeffrey Epstein e-mails resurface

Exclusive | Next Model Management co-founder Faith Kates ‘retires’ after Jeffrey Epstein e-mails resurface

Next Models co-founder, Faith Kates, is the latest female powerhouse to take a hit amid the Jeffrey Epstein files. We’re told Kates, who co-founded the modeling agency in 1989, quietly exited the company via a grammatically challenged email on Nov. 24, after her friendly emails with the pedo resurfaced. In the email obtained by Page…

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