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1 week ago | 
bloomberg.com | Low De Wei |Bernadette Toh
For years, Singapore’s richest family looked like a model of effective succession planning. A recent father-son feud has shattered that image, and turned the $17 billion Kwek clan into a cautionary tale for investors in family-controlled companies.
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1 month ago | 
bloomberg.com | Bernadette Toh |Low De Wei
On Valentine’s Day evening, more than a hundred people packed into a Singapore condominium showroom to learn about how to make quick profits from flipping homes in the city-state. “If you want to be rich, you just buy property!” proclaimed Eric Chiew, a social media influencer who runs a small real estate investment consultancy.
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1 month ago | 
flipboard.com | Bernadette Toh |Low De Wei
12 hours agoTrump threatens retaliatory 200% tariff on European wine after EU proposes American whiskey taxWASHINGTON (AP) — President Donald Trump on Thursday threatened a 200% tariff on European wine, Champagne and spirits if the European Union goes forward with a planned tariff on American whiskey.
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1 month ago | 
bloomberg.com | Venus Feng |Yoojung Lee |Bernadette Toh
Ruthless power plays, fraught succession plans and the absence of wills causing years of anguish. The explosive family feuds that have torn apart some of Asia’s wealthiest clans are varied in their cause, but at the center of them all is money. Immense amounts of money. In the latest clash, Singapore’s richest dynasty was plunged into a crisis last month after its billionaire patriarch Kwek Leng Beng sued his son for allegedly attempting a boardroom coup.
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1 month ago | 
bloomberg.com | Bernadette Toh |Andrea Tan
Welcome to Singapore Edition. Each week we bring you insights into one of Asia’s most dynamic economies. If you haven’t yet, please sign up here. This week, Bernadette Toh watches the drama unfold in the city’s richest dynasty, Ishika Mookerjee sees the growing shadow of AI, and Patrick Winters relaxes at the reopened Tanjong Beach Club.
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1 month ago | 
flipboard.com | Bernadette Toh |Andrea Tan
NowBritish Passengers Slam British Airways for Long-Haul EconomyIn the 2025 edition of Which? Magazine’s Best Airlines survey, the United Kingdom’s flag carrier’s product ranked below American Airlines, United …12 hours ago‘I never thought much about it': Why some Singaporeans grow up without close friends of other ethnicitiesGrowing up, Mr Jeremy Lee’s close friends were all of Chinese ethnicity, like him. The 46-year-old freelance writer said that as a child, race was …
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1 month ago | 
afr.com | Low De Wei |Yoojung Lee |Bernadette Toh
Low De Wei, Yoojung Lee and Bernadette TohFeb 28, 2025 – 1.06pm or Subscribe to save articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe. Subscribe nowAlready a subscriber? An alleged boardroom coup attempt, a lawsuit between a family patriarch and his son, and accusations of corporate governance lapses – even by the standards of Asian succession drama, the family feud raging at Singapore’s Kwek dynasty stands out.
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1 month ago | 
smh.com.au | Low De Wei |Yoojung Lee |Bernadette Toh
By Low De Wei, Yoojung Lee and Bernadette Toh February 28, 2025 — 6.22am, register or subscribe to save articles for later. Add articles to your saved list and come back to them any time. An alleged boardroom coup attempt, a lawsuit between a family patriarch and his son, and accusations of corporate governance lapses — even by the standards of Asian succession drama, the family feud raging at Singapore’s Kwek dynasty stands out.
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1 month ago | 
msn.com | Low De Wei |Yoojung Lee |Bernadette Toh
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1 month ago | 
japantimes.co.jp | Low De Wei |Yoojung Lee |Bernadette Toh
An alleged boardroom coup attempt, a lawsuit between a family patriarch and his son, and accusations of corporate governance lapses — even by the standards of Asian succession drama, the family feud raging at Singapore’s Kwek dynasty stands out. City Developments Ltd. (CDL), the financial hub’s biggest listed developer, plunged into crisis Wednesday when its billionaire Chairman Kwek Leng Beng, 84, accused his son, the firm’s chief executive officer, of orchestrating a boardroom coup.
