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Author: Laura Stephen

Indonesian Bank BJB’s $13.4 Million Corruption Scandal Under Investigation
Posted in Asia

Indonesian Bank BJB’s $13.4 Million Corruption Scandal Under Investigation

Estimated read time 3 min read
Posted on March 18, 2025March 18, 2025
by Laura Stephen

The Corruption Eradication Commission (KPK) has launched a probe into a corruption case involving the Regional Development Bank of West…

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IJM Corp’s UK Expansion: Strategic Move or Risky Bet?
Posted in Asia

IJM Corp’s UK Expansion: Strategic Move or Risky Bet?

Estimated read time 4 min read
Posted on March 18, 2025April 2, 2025
by Laura Stephen

IJM Corp Acquires Stake in JRL Group In November 2024, IJM Corporation Bhd (IJM Corp) announced the acquisition of a…

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Thames Water Secures £3 Billion Debt Lifeline as Appeals Rejected
Posted in News

Thames Water Secures £3 Billion Debt Lifeline as Appeals Rejected

Estimated read time 1 min read
Posted on March 18, 2025March 18, 2025
by Laura Stephen

LONDON: Thames Water, Britain’s biggest water supplier, said on Monday that appeals against its £3 billion (US$3.9 billion) debt lifeline…

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Starbucks ordered to pay US$50mil for hot tea spill
Posted in US

Starbucks ordered to pay US$50mil for hot tea spill

Estimated read time 2 min read
Posted on March 18, 2025March 18, 2025
by Laura Stephen

LOS ANGELES: Starbucks has been ordered to pay US$50 million to a customer who was burned when hot tea spilled on…

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Sapura Energy Secures RM1.1 Billion Government Bailout to Settle Vendor Debts
Posted in Asia

Sapura Energy Secures RM1.1 Billion Government Bailout to Settle Vendor Debts

Estimated read time 1 min read
Posted on March 17, 2025March 18, 2025
by Laura Stephen

Troubled offshore services provider Sapura Energy has secured a RM1.1 billion ($250 million) bailout from the government to repay debts…

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British steel industry calls for help with electricity prices
Posted in Local

British steel industry calls for help with electricity prices

Estimated read time 2 min read
Posted on March 15, 2025March 15, 2025
by Laura Stephen

LONDON: Britain’s steel industry has called on the government to help with electricity prices that it says can be it…

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Corruption Probe: Former Malaysian PM Ismail Sabri, Chindian Tycoon and the RM170 Million Scandal
Posted in Asia News

Corruption Probe: Former Malaysian PM Ismail Sabri, Chindian Tycoon and the RM170 Million Scandal

Estimated read time 3 min read
Posted on March 15, 2025April 2, 2025
by Laura Stephen

Zaid Malek of Lawyers for Liberty (LFL), a human rights and law reform non-governmental organisation (NGO) in Malaysia, has stated,…

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Singapore reports server fraud involving US$390 million in transactions
Posted in Asia

Singapore reports server fraud involving US$390 million in transactions

Estimated read time 2 min read
Posted on March 13, 2025March 13, 2025
by Laura Stephen

SINGAPORE: Singapore prosecutors told a court today that a case in which Singapore-based firms have been accused of fraudulently supplying US…

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IJM Expands UK Portfolio with £72.5 Million Finsbury Circus Acquisition
Posted in Asia

IJM Expands UK Portfolio with £72.5 Million Finsbury Circus Acquisition

Estimated read time 2 min read
Posted on March 13, 2025March 13, 2025
by Laura Stephen

IJM Corporation Bhd has acquired a 143-year leasehold interest in 25 Finsbury Circus, formerly known as 1-5 London Wall Buildings,…

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Smuggling of Nvidia Chips: Investigation Only Involves Singapore’s Aperia Cloud Services, a Partner of NationGate & Exsim
Posted in Asia

Smuggling of Nvidia Chips: Investigation Only Involves Singapore’s Aperia Cloud Services, a Partner of NationGate & Exsim

Estimated read time 5 min read
Posted on March 6, 2025
by Laura Stephen

Following the revelation by Singapore’s Minister for Home Affairs and Law, K. Shanmugam, on March 3 that the police were…

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