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1 week ago | 
bloomberg.com | Yoojung Lee
Welcome to the Singapore Edition newsletter. Each week we bring you insights into one of Asia’s most dynamic economies. If you haven’t yet, please sign up here. It's been a wild ride in the markets, as our special issue captured on Monday. With the tariff-induced turmoil continuing to rock assets from stocks to currencies, wealth reporter Yoojung Lee asked SingCapital’s CEO how investors in Asia should respond, while Ishika Mookerjee looks at the week’s winners and losers.
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1 month ago | 
news.nestia.com | Yoojung Lee
By Yoojung Lee(Bloomberg) — An ultra-high net worth Chinese businessman is suing four former staff in Singapore for allegedly misappropriating $74 million (US$56 million), underscoring the vulnerabilities of certain family office structures. ……
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1 month ago | 
bloomberg.com | Yoojung Lee
Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For Customers Bloomberg Anywhere Remote Login Software Updates Manage Products and Account Information Support Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Company About Careers Diversity and Inclusion Tech At Bloomberg Philanthropy Sustainability Bloomberg London...
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1 month ago | 
flipboard.com | Yoojung Lee
3 hours ago ‘Sir, you can’t park here’: Photos, video of car stuck in walkway in Toa Payoh go viral SINGAPORE – The unusual sight of a car stuck between the pillars of a sheltered walkway with both its front wheels off the ground has lit up social … 2 hours ago Lady Gaga Singapore concerts: 1st day of ticket presale sees queue numbers exceeding 2 million Little Monsters were out seeking glory on Tuesday (Mar 18) as the first day of ticket presale for Lady Gaga's upcoming Asia-exclusive Mayhem...
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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 | Yoojung Lee
The estate of Wee Cho Yaw, the late patriarch of United Overseas Bank Ltd. transferred control of the remaining shares that it held to his heirs, concluding one of Singapore’s biggest wealth transfers in decades. The estate has relinquished control over the lender and the family’s real estate arm UOL Group Ltd., Singapore’s largest listed developer, according to filings on Wednesday.
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1 month ago | 
flipboard.com | Yoojung Lee
1 hour agoTrump signs executive order establishing U.S. strategic bitcoin reservePresident Donald Trump signed an executive order on Thursday creating a Strategic Bitcoin Reserve, marking a major shift in U.S. digital asset policy. …6 hours agoMortgage rates keep falling. Is now the time to buy a home? The spring has traditionally been a popular time for homebuyers and sellers.
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1 month ago | 
news.bloomberglaw.com | Shinhye Kang |Youkyung Lee |Yoojung Lee
Finance tycoon Cho Jung-ho has ascended to the top of South Korea’s rich list, ending Samsung Electronics Co. Executive Chairman Jay Y. Lee’s two-and-a-half-year reign. Meritz Financial Group Chairman Cho’s net worth reached $8.9 billion at the end of Thursday’s trading, according to the Bloomberg Billionaires Index, while Samsung’s Lee dropped to the second spot with a net worth of $8.7 billion. Last year’s blistering 76% rally in Meritz’s shares helped fuel Cho’s fortune.
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1 month ago | 
bloomberg.com | Shinhye Kang |Youkyung Lee |Yoojung Lee
Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For Customers Bloomberg Anywhere Remote Login Software Updates Manage Products and Account Information Support Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Company About Careers Diversity and Inclusion Tech At Bloomberg Philanthropy Sustainability Bloomberg London...
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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.
