Business

Bezos sells Amazon stock and cashes out more than $700 million

Bezos sells Amazon stock and cashes out more than $700 million

4 July 2025
According to the Bloomberg Billionaire Index, Bezos, 61, is the third richest man in the world, with a net worth of US$241.4 billion. He used to use the 10b5-1 plan to sell shares at the scheduled time, and last year he sold 75 million shares throug...
The first private house in Science Park, Fengzhilin ruler, starts at 2,200 yuan, and four-bedroom prices start at 3.58 million yuan.

The first private house in Science Park, Fengzhilin ruler, starts at 2,200 yuan, and four-bedroom pr

28 June 2025
Wind Forest is open for public preview on Saturday (June 28). Developer CapitaLand Development announced its reference price on Thursday (26th). The Wind Forest Fairy Hall is open from Saturday from 10 am to 7 pm every day. The project will be sold...
Fengyi pays over S$900 million in margin, insisting that its subsidiary acts legally in Indonesia

Fengyi pays over S$900 million in margin, insisting that its subsidiary acts legally in Indonesia

20 June 2025
In April last year, the Indonesian Attorney General filed a lawsuit against five subsidiaries of Wilmar International, accusing these subsidiaries of illegal corruption during the Indonesian market from July to December 2021, causing Indonesia to su...
The performance audit is large before and after, Mingtai International s net loss in fiscal year 2024 is nearly 2.48 million yuan

The performance audit is large before and after, Mingtai International s net loss in fiscal year 202

13 June 2025
Mingtai International disclosed after the market closed on Wednesday (June 11) that the audited performance report showed that the company suffered a net loss of 2.476,000 yuan, 775,000 yuan more than the unaudited net loss. Based on the above amend...
The authorities blocked unlicensed trading platforms Octa and XM from June 20

The authorities blocked unlicensed trading platforms Octa and XM from June 20

7 June 2025
The HKMA and the police force issued a joint statement on Friday (June 6) that the information on the above-mentioned platform websites is content prohibited by the Internet Code of Practice. In addition to the risk of possible financial losses, the...
The first decline in the past eight months, with total loans falling by 0.54% in April

The first decline in the past eight months, with total loans falling by 0.54% in April

31 May 2025
After seven consecutive months of rising, the total loan amount of Chinese banks in April fell by 0.54% month-on-month to 841.923.8 million yuan; it rose by 4.50% year-on-year, and the increase was also lower than 4.80% in March. Consumer loans ushe...
Singapore s Malayan Bank s first-quarter pre-tax profit fell 10.5% to RMB 179 million

Singapore s Malayan Bank s first-quarter pre-tax profit fell 10.5% to RMB 179 million

28 May 2025
According to the performance statement, Singapore Malayan Bank's first-quarter net fund-based income (net fund-based income) rose 20.1% year-on-year to RMB 193.07 million, thanks to lower financing costs and callbacks for adjusted real interest...
Mr. Xie, Director of the HKMA: US dollar assets are irreplaceable

Mr. Xie, Director of the HKMA: US dollar assets are irreplaceable

22 May 2025
Previously, S&P Global and Fitch lowered the US sovereign credit rating in 2011 and 2023 respectively. Moody's announcement also means that the United States has lost its last highest credit rating. Xie Yanzhen attended the Qatar Economic Fo...
New Telecom sells 1.2% of India s Badi equity, with a total amount of RMB 2 billion

New Telecom sells 1.2% of India s Badi equity, with a total amount of RMB 2 billion

20 May 2025
The statement said that the sole proprietorship subsidiary Pastel Limited sold 71 million shares of Bati Airtel at Rs 1,814 (about S$27.46) per share, which accounts for 1.2% of Bati Airtel's equity. The profit from the sale of equity is expecte...

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