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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Marco Polo Marine shares rise 7.5% on H2 profit surge

Marco Polo Marine shares rise 7.5% on H2 profit surge

For its second half, profit jumps 348% to S$47.9 million, from S$10.7 million previously [SINGAPORE] Shares of Marco Polo Marine climbed 7.5 per cent or S$0.009 to S$0.129 at 9.22 am on Tuesday (Dec 2). Over 40 million shares were traded. On Saturday, the integrated marine logistics company posted a 348 per cent increase in…

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Danantara’s US$1.4 billion Garuda play emerges as key reform test

Danantara’s US.4 billion Garuda play emerges as key reform test

The 76-year-old airline is a major employer and a key mode of transport for the country [JAKARTA] Indonesian sovereign wealth fund Danantara’s growing momentum in state-firm restructuring is putting fresh focus on its US$1.4 billion bet on Garuda Indonesia, a key test of its ability to revive other troubled companies. The distressed carrier’s full-year results…

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Stocks to watch: UOB, Nio, Sanli

Stocks to watch: UOB, Nio, Sanli

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Dec 2): UOB : The bank announced on Tuesday announced on Tuesday that it has priced £750 million (S$1.3 billion) floating rate covered bonds due June 2029. The issue date of the covered bonds is expected to be Dec…

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UOB prices £750 million floating rate covered bonds due 2029

UOB prices £750 million floating rate covered bonds due 2029

[SINGAPORE] UOB announced on Tuesday (Dec 2) that it has priced £750 million (S$1.3 billion) floating rate covered bonds due June 2029. The issue date of the covered bonds is expected to be Dec 8, 2025. Application will be made to the Singapore Exchange for the listing and quotation. The covered bonds will bear interest…

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Singapore multi-currency e-wallet YouTrip enters Australia market

Singapore multi-currency e-wallet YouTrip enters Australia market

[SINGAPORE] Singapore-based multi-currency wallet YouTrip has launched operations in Australia, marking the fintech company’s first geographic expansion since the Covid-19 pandemic. Announced on Tuesday (Dec 2), the move establishes Australia as YouTrip’s third market, following its previous expansion to Thailand in 2019. YouTrip launched in Singapore in August 2018. “The market’s combination of high cross-border…

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Exclusive | Rapper targeted in Stockton mass shooting is hiding out, fearing for his life after being shot at little girls’ birthday party, dad says

Exclusive | Rapper targeted in Stockton mass shooting is hiding out, fearing for his life after being shot at little girls’ birthday party, dad says

STOCKTON — A rapper targeted in the deadly birthday party mass shooting that left three kids dead is hiding out and fearing for his life after he and his wife were both wounded, his dad says. Rapper MBnel was among the 15 shot at a birthday party for a friend’s 2-year-old daughter inside Monkey Space, a banquet…

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Wall Street ends lower as yields climb; crypto stocks drop

Wall Street ends lower as yields climb; crypto stocks drop

The crypto market has lost more than US$1 trillion in value since hitting a record of around US$4.3 trillion, according to CoinGecko [NEW YORK] US stocks closed modestly lower on Monday (Dec 1), weighed down by a jump in Treasury yields and economic data that showed tariffs remained a drag on the manufacturing sector, as…

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